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Washington’s Economic Boom, Financed by You
Washingtonian Magazine
April 19, 2012

Surrounded by office buildings and trendy restaurants in the heart of DC, the hole where the original Washington Convention Center once stood has long been a big vacant lot. Plans for the 4½-block area surrounded by New York Avenue and Ninth, H, and 11th streets, Northwest--have been plagued by delays. But last March, more than seven years after the firms Hines and Archstone were granted the development rights, CityCenterDC broke ground. In addition to two 11-story office towers and 185,600 square feet of retail space, the project will feature 216 luxury condominiums--a promising sign for an area that's seen new condo construction grind to a near halt during the recent economic downturn. Read more »