Reply to Found a City Center bargain

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[quote=Anonymous][quote=Anonymous]I assumed the pricing was originally propped up by the Qataris or something. [b]That development never made sense without some sort of political and/or corruption angle.[/b] [/quote]

The development made perfect sense. As the old convention center was torn down at the City Center site, the city planned for a mixed use retail center to revive the downtown shopping scene, which was traditionally focused on F and G Streets, where the big fancy department stores were. DC’s mayor and councilors wanted a downtown Bloomingdale’s, but eventually settled on the upscale mixed use City Center development. DC real estate was hot at the time, especially downtown. There’s nothing shady about it. The developers hired architects out of Europe to give it that extra edge, and the pedestrian “alleys” with shops are based on the traditional alleys of DC. Adding to the neighborhood’s allure, Apple decided to locate its flagship Apple Store in the old library a block from City Center at Mt Vernon Sq.

The last piece of the City Center master plan to be developed will be the first class landmark office tower, designed by another famous European architect, to be located where the temporary surface parking lot is. [/quote]

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