CM Evans talks Shaw Development

I swiped this from the Life in Mt. Vernon blog and the Convention Center Community Association blog. Thanks to our neighboring civic leaders.

At the March 3, ANC2C public meeting, Ward 2 Councilmember Jack Evans gave an update about DC finances and the effect of the current economy on development in Shaw. He discussed most of the large local developments in the area:

  • CityCenter (financing not available)
  • Convention Center Hotel (in litigation, when solved, we’ll be in the ground the next day)
  • CityMarket at O (positive steps being made)
  • Kesley Gardens/Addison Square (stuck, cannot find equity partners)
  • Parcel 42 (stuck, proposed project no longer doable financially)
  • RadioOne (RadioOne bailed out, United Negro College Fund may do the project)

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