Capital Centre was the primary home for the Washington Capitals of the National Hockey League and the Washington Bullets of the National Basketball Association. The Bullets moved to the Washington area from nearby Baltimore, and the Capitals were an expansion team in the arena's second year. Other events there included Monster Truck shows, Arenacross shows, and Tractor Pulls

In 1993, the air carrier USAir purchased the naming rights for the building and the arena became known as USAir Arena. When the airline went through its 1996 rebranding and became US Airways, the name of the arena accordingly changed to US Airways Arena.

In 1997, US Airways' naming rights deal came to an end after the now-Wizards and Capitals moved to a new arena, MCI Center (now Capital One Arena) in downtown Washington, and the arena once again became known as Capital Centre. Most TV and radio crews broadcasting from the venue referred to it by its nickname "Cap Centre." Demolished in December 2002, its name continues in The Boulevard at the Capital Centre, the shopping complex on the site.

It was located just outside (east) of the Capital Beltway (Interstate 495) at exit 16, less than a mile (1.6 km) southeast of FedExField, the home of the Washington Football Team of the National Football League, which opened in 1997.

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