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Posted at 3:12 PM ET, 10/21/2010

CityCenter DC moving forward

By Washington Post editors

Hines, a Texas-based development firm, has a preliminary agreement to finance construction of the CityCenter DC project on the site of the city’s former convention center and plans to start construction in the first week of April.

The project will erase a large surface parking lot that was built temporarily while the developers completed planning and sought financial partners during the recession. CityCenter is slated to include six buildings and 1.4 million square feet of development in all, including four residential towers, two office buildings, dozens of stores and a public plaza.

At an estimated cost of up to $950 million, D.C. officials estimate that when it gets underway it will be one of the largest active developments on the East Coast.

-- Jonathan O'Connell
Capital Business reporter

By Washington Post editors  | October 21, 2010; 3:12 PM ET
Categories:  DC  
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Comments

Any chance that CityCenter is going to include AFFORDABLE housing?

Posted by: sbuck | October 21, 2010 3:32 PM | Report abuse

Could this be setting up the biggest April Fools' joke ever?

Posted by: TheAMT | October 21, 2010 5:52 PM | Report abuse

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