City economic development chief details project pipeline
Georgetown Current
2/1/2012
"The city’s deputy mayor for planning and economic development told DC Chamber of Commerce members recently that his office is working on $11 billion worth of development projects in the District.
Victor Hoskins also told members last week that his staff is trying to jump-start another $13 billion worth of projects, many of which had been stalled for years. Meanwhile, an estimated $1 billion worth of projects are in development without his office’s help.
Already under construction are 14 projects worth $2.14 billion and will produce about 6,000 permanent jobs, Hoskins said. They include the 500,000-square-foot CityCenterDC project and the 1-million-square foot O Street Market project, expected to be complete in 2014, which will include a 72,000-square foot Giant, additional retail, a hotel and apartments..."
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