Saturday, February 6, 2010

Revenue Generator


As noted in the Triangle blog, the Deputy Mayor’s office has decided to allow a temporary parking lot use at 5th & I in order to produce short term revenue for the city. A parking lot RFP was issued for this site and 2-3 other government properties approximately one year ago. While the Arts team is not a part of this temporary use, we understand the city's need to search out new revenue sources. This provisional use won't interfere with our timeline, and we continue to work toward delivering MVT's next great landmark.

5 comments:

Anonymous said...

What is your timeline? How long until you dig up the parking lot that they are putting down?

Jad Donohoe said...

We will be looking for DC Council approval in April of this year, with groundbreaking in 2012.

CherylDC said...

Wow, so disappointing to have this in your way. As residents of that neighborhood, we'd heard nothing of that plan and have been so looking forward to you breaking ground for this amazing new development. I really can't believe that having a parking lot there for less than 2 years will really generate revenue for the city and it makes us worried that somehow your development won't be allowed to go through...?

Anonymous said...

What is the status of the approval from DC Council?

Anonymous said...

What is the status of this project? We are really excited about it and hope things continue to move forward. Is there a Mayoral candidate who stands out as being particularly supportive of the project?