D.C. Leaders Start Construction On Massive Downtown Development | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

D.C. Leaders Start Construction On Massive Downtown Development

Play associated audio

Organizers pulled out all the stops for the official start of construction at CityCenterDC, a 10-acre, mixed-use development at the site of the old Convention Center in downtown Washington.

Apartment buildings, condos, hotels and retail shops will eventually share the space when it's completed in two years, but city leaders, such as D.C. Council Chairman Kwame Brown, say its economic impact will be felt right away.

"This is one of the most valuable pieces of property in the world," Brown says. "It's going to create thousands of jobs and we have local equity participation, which means local business will own a piece of the development."

The initial financing for CityCenterDC, $700 million, was put up by a real estate company based out of Qatar.

NPR

'Magic Mike XXL' And 'Terminator Genisys' Bring The Testosterone

NPR's Bob Mondello looks at the Independence Day weekend blockbusters, Magic Mike XXL and Terminator Genisys.
NPR

POTUS Weighs In: No Peas In Guacamole

The online debate began after the New York Times published a guacamole recipe that includes fresh peas.
NPR

U.S., Cuba To Reopen Embassies In Step Toward Normal Relations

The White House announced Wednesday the opening of a U.S. embassy in Havana, Cuba, which is seen as a key step toward more normal diplomatic ties with the Cold War foe.
NPR

Somebody Is Cutting Internet Cables In California

There have been at least 11 attacks in the San Francisco Bay Area in the past year, according to the FBI. The most recent occurred Tuesday and disrupted service as far north as Seattle.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.