D.C. Wire: Economic Development


Posted at 04:21 PM ET, 05/20/2010

D.C. gets grant for Walter Reed work

The District has won a $1.4 million grant from the Department of Defense to help defray the costs of pre-development work needed at Walter Reed Army Medical Center campus, city officials announced Thursday.

By Washington Post Editors  |  04:21 PM ET, 05/20/2010 |  Permalink  |  Comments ( 0)
Categories:  Economic Development | Tags:  Valerie-Joy Santos, base realignment and closure, d.c. redvelopment, walter reed army medical center

Posted at 12:15 PM ET, 01/22/2010

District unemployment hits 12.1 percent despite added jobs

The District of Columbia added 600 jobs during the month of December but still saw its unemployment rate inch up from 11.9 percent to 12.1 percent, according to a Department of Employment Services report. Between December 2008 and December 2009, the District lost 2,400 private-sector jobs but has been able...

By Christopher Dean Hopkins  |  12:15 PM ET, 01/22/2010 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 03:23 PM ET, 12/09/2009

Costco, Fort Lincoln developers finalize deal for new store

Costco, the wholesale grocer, has reached an agreement to open a store in the planned Fort Lincoln development, a major boost to a project that has been stalled by the sluggish economy. Council member Kwame Brown (D-At Large), chairman of the Economic Development Committee, said Costco executives finalized an agreement...

By Washington Post Editors  |  03:23 PM ET, 12/09/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 03:49 PM ET, 06/02/2009

DC Preservation League Releases 2009 List of "Most Endangered Places"

Photo credit: Theola Labbé-DeBose The large brick home that dates to 1795 sits on the 600 block of D St SE, with boarded up windows and green moss on its bricks. Friendship House, as it is called, is one of six locales that the D.C. Preservation League said today...

By Theola Labbé-DeBose  |  03:49 PM ET, 06/02/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development, Economic Development, Economic Development

Posted at 02:04 PM ET, 03/12/2009

Waterside Station Development On Schedule: Fenty

As a sprinkle of fine dust rained from the big construction site behind him, Mayor Adrian M. Fenty (D) announced that the Waterside Station project in Southwest was "topped off" and is on schedule for the opening of its first phase about a year from now. "We couldn't be more...

By Darryl Fears  |  02:04 PM ET, 03/12/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 01:06 PM ET, 03/05/2009

Apple Store Headed to Georgetown

Apple is on its way to Georgetown. An architectural review board today embraced the computer company's revised plans for a store it plans to open on Wisconsin Avenue. The Old Georgetown Board's approval came after it had ordered Apple to redraw plans four previous times, primarily because the building it...

By Marcia Davis  |  01:06 PM ET, 03/05/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 04:46 PM ET, 01/31/2009

Barry to Fenty: 'Another Staggering Blow' to Poplar Project

Ward 8 Councilmember Marion Barry registered his frustrations about the fizzled partnership between the city and Clark Realty Capital development company on the Poplar Point project. Below is the letter he sent Mayor Adrian M. Fenty on Friday night. January 30, 2009 Honorable Adrian Fenty 1350 Pennsylvania Avenue, NW Washington,...

By Marcia Davis  |  04:46 PM ET, 01/31/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development, Economic Development

Posted at 05:19 PM ET, 01/30/2009

Developer Dropped from Poplar Point Project

D.C. government officials confirmed moments ago that Clark Realty Capital, the development firm that was to partner with the city to develop 110 acres at Poplar Point in Ward 8, has been dropped from the project. City officials said the firm balked at investing the several millions of dollars necessary...

By David A Nakamura  |  05:19 PM ET, 01/30/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 04:32 PM ET, 01/28/2009

Submit Comments on Hill East Redevelopment

Thursday is the last day that citizens can comment on the developer proposals for the redevelopment of the District's Hill East waterfront area, which sits on about 67 acres on the west side of the Anacostia River near Robert F. Kennedy Stadium. (For more coverage, read today's story by The...

By Washington Post Editors  |  04:32 PM ET, 01/28/2009 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 09:08 AM ET, 12/12/2008

Looking to Obama White House for Financial Help

The District is planning to seek more funds from the incoming administration of Barack Obama, Mayor Adrian M. Fenty said yesterday. The city is hoping, like many of states around the country, to benefit from the stimulus package the administration will prepare to help ease the financial crisis that...

By Marcia Davis  |  09:08 AM ET, 12/12/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 03:04 PM ET, 10/28/2008

Norton Hosting Wall Street Bailout Hearing Tonight

D.C. Delegate Eleanor Holmes Norton (D-DC) will host a town hall meeting this evening entitled "The Bailout and the Economy: What Happened, What's Next, What it Means to You, D.C., and the USA." Tonight's forum, which will be held in room 2168 of the Rayburn House Office Building, will feature...

By Hamil Harris  |  03:04 PM ET, 10/28/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 12:51 PM ET, 09/11/2008

Ballpark Area Development Website Wins Award

D.C. Wire wanted to give a shout out to colleague Jacqueline Dupree, who yesterday won the 2008 Knight-Batten Citizen Media Award for her Website, jdland.com, which chronicles the redevelopment near Nationals Park. Dupree, who works at the Post as editor of the newsroom's Intranet site, keeps tabs on the redevelopment...

By David A Nakamura  |  12:51 PM ET, 09/11/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 12:18 PM ET, 09/11/2008

Neil Albert to Metro Board

Our colleague Lena Sun reports that Neil Albert, the deputy mayor for economic development, will be named by Mayor Adrian Fenty to a spot on the Metro Board of Directors. He replaces Emeka Moneme, the former D.C. transportation director who resigned to take a job at Metro. Albert's appointment is...

By David A Nakamura  |  12:18 PM ET, 09/11/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 04:07 PM ET, 07/09/2008

CFO Gandhi Warns About Over-Borrowing

Chief Financial Officer Natwar M. Gandhi released his annual debt letter to Mayor Fenty and the D.C. Council today, heightening previous alarms that the city is at risk of borrowing too much money for its economic development projects. Gandhi issued a similar letter a year ago and is again calling...

By David A Nakamura  |  04:07 PM ET, 07/09/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 09:07 AM ET, 06/28/2008

O Street Market Gets a $35 Million Boost

Many worried about the historic O Street Market may rest a little easier with the news that the city will kick in on the $260 million redevelopment project being led by Roadside Development. Mayor Adrian M. Fenty announced a $35 million tax increment financing package for the project yesterday in...

By Marcia Davis  |  09:07 AM ET, 06/28/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 01:18 PM ET, 05/14/2008

More Development Along the Anacostia River

Mayor Adrian Fenty announced today that the city is seeking bids for a master developer for the 50-acre site next to RFK Stadium known as Hill East, which includes the defunct D.C. General campus. The project will be the second major development along the Anacostia River announced by the...

By David A Nakamura  |  01:18 PM ET, 05/14/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 10:56 AM ET, 04/30/2008

Are the Days Numbered for the D.C. Sports and Entertainment Commission?

This afternoon, Gregory O'Dell, chief executive of the D.C. Sports and Entertainment, will throw out the first pitch at the Washington Nationals' game. It's good he's getting the chance now because it is not clear what the future holds for his agency. Some D.C. Council members are itching to get...

By David A Nakamura  |  10:56 AM ET, 04/30/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 03:45 PM ET, 04/16/2008

A Piece of the Economic Pie

Nyasha Harley, a graduate of the Excel Institute, completes a tune up on a MetroAccess van. (By Nikita Stewart) The issue that seems to be crystallizing in the District lately is how to get more residents in on what remains of the economic boon that the city has experienced...

By Marcia Davis  |  03:45 PM ET, 04/16/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development

Posted at 06:55 AM ET, 03/31/2008

Five in Five: Wal-Mart Focuses on Small Businesses

Who says Wal-Mart isn't making inroads into the District? After deciding Brentwood, which just so happens to be in Ward 5, was not the right place to call home a few years ago, the giant discount chain has come bearing gifts. It is giving free advertising to several businesses in...

By Yolanda Woodlee  |  06:55 AM ET, 03/31/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development

Posted at 12:11 PM ET, 03/25/2008

The New Ward 8

A lot has been made about Mayor Adrian Fenty's consistent appearances in Ward 8, the city's poorest ward that has long been clamoring for the kind of economic development that has swept through much of the rest of the District over the past half dozen years. Some say Fenty is...

By David A Nakamura  |  12:11 PM ET, 03/25/2008 |  Permalink  |  Comments ( 0)
Categories:  Economic Development, Economic Development