The Washington Business Journal's Jonathan O'Connell follows up on the ongoing Washington Convention Center Hotel saga to report that city officials are discussing taking roughly $700 million in subsidies that have already been passed for other projects and diverting them to the hotel. The argument goes that a number of high profile development projects, including the Southwest waterfront, the Capitol Riverfront, the Skyland Shopping Center and the O Street Market, have long been stalled by the collapse of the lending market, so those allocated subsidies are sitting dormant in the meantime. But such a course of action would of course be very tricky for D.C. Council members who represent the neighborhoods that would then lose their public funding for those projects. The scheme could pose particular problems for Ward 2's Jack Evans, who would be forced to weigh the hotel, which is in his Ward, against longstanding promises to make the O Street Market project a priority. In May, Evans pushed through a $1 million grant to the developers of the O Street Market in Shaw.
Results tagged “ostreetmarket”
>> The Yes! Organic Market in Brookland was robbed just after All Hands on Deck ended over the weekend. [Free Ride] >> Don't be alarmed if you see and hear a lot of military flights at odd hours today and tonight. [WTOP] >> Progress on the O Street Market development. [Fifth and Oh] >> "What's next? The Lucky Lemur? The Gray Chinchilla?" [metrocurean] Photo by soleil1016...
Happy Day-After-Thanksgiving, D.C. Normally we like to get you your headlines in the a.m., so we hope you'll forgive us for rounding up the news later in the day today -- we needed to spend the morning rolling our much fatter selves out of bed and calling our doctors for a new Lipitor prescription. What do you mean, it isn't necessarily a good idea to put gravy on pumpkin pie? Breaking News: People are Shopping!:...
>> Candey Hardware on 18th and Connecticut is closing its doors for good tonight. [Free Ride] >> Police Chief Cathy Lanier has scheduled another "All Hands on Deck" weekend after four murders took place in D.C.'s Fifth District over the past week. [WJLA] >> Surprise, surprise, the O Street Market development plans are being delayed. [ANC2C02 Forum via 14th & You] >> Va. Sen. John Warner is back in the hospital for a third...
