Washington D.C. To Open $2.5 Billion Commercial And Residential Development

Inspired by similar waterfront redevelopments from across the world, next month Washington D.C. will open the Wharf, a $2.5 billion commercial and residential project.

The New York Times reports that the project, which is set over 24 acres of land and 50 acres on the Potomac River, will have 861 residential units in two condominium and two apartment buildings, along with a mile-long cobblestone promenade, four public piers, two office buildings and three hotels.

The Wharf has elicited few naysayers or critics, which is unusual for such a large project. Andy Litsky, chairman of the official advisory neighborhood commission, praised the developers for involving the community. ... He said he expected the Wharf “to soon be taking its place as the centerpiece of one of the most dynamic neighborhoods in the country.”

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