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In October 2021 the D.C. Court of Appeals ruled that the proposed development project may proceed pursuant to the legislation. [10] Demolition of the site commenced in October 2021. [11] In May 2023, the Washington Business Journal reported that the site had been renamed from the "McMillan Sand Filtration Site" to the "Reservoir District."
In 2022, the DC metro area had the country's fifth-highest gross metropolitan product, at $541 billion. [1] The region's economy is highly diverse and includes the principal industries of the US federal government, tourism, information technology, research, hospitality, news media, and bioscience.
DFC invests in development projects primarily in lower and middle-income countries. [1] First authorized on 5 October 2018 by the BUILD Act, the independent agency was formed on 20 December 2019 by merging the Overseas Private Investment Corporation (OPIC) with the Development Credit Authority (DCA) of the United States Agency for International ...
Capitol Crossing is a $1.3 billion real estate development often also referred to as a community revitalization project [1] in downtown Washington, D.C. Construction on the project began in 2014 and was completed in 2021. The Capitol Crossing project is privately funded, and is one of the largest ongoing private developments in DC. [2]
DC logo used from 2016 to 2024. The DC Extended Universe (DCEU) media franchise has experienced a turbulent history since its inception in 2013, characterized by highly publicized clashes between studio executives and talent, constantly changing approaches to worldbuilding, and repeated changes in management.
The District of Columbia has a mayor–council government that operates under Article One of the United States Constitution and the District of Columbia Home Rule Act.The Home Rule Act devolves certain powers of the United States Congress to the local government, which consists of a mayor and a 13-member council.
Hoffman-Madison Waterfront broke ground on the second phase of the project in March 2019, and it opened in October 2022, culminating in a total redevelopment cost of $3.6 billion. [24] Phase 2 added three office buildings, an apartment building, a hotel, a 96-unit condominium building, additional retail space, and two new underground parking ...
In 2012 Kettler will break ground on two luxury high-rise apartment buildings. The Acadia at Metropolitan Park will mark the final phase of Kettler's Metropolitan Park project in Pentagon City, Virginia, with a 411 unit, high-end apartment building. A mixed-use residential development at 450 K Street in Washington, D.C., will feature 233 ...