This week’s Dupont Current has more details on the CityMarket at O project, which just received $1 million from D.C. Council emergency legislation. The funds will be used to pay architectural, engineering and other pre-development costs (with a groundbreaking expected in summer 2010).
The city previously offered to assist with those costs by funneling money from a hike in downtown meter fees. But, according to the story, “mayoral aids refused to release the money until the meter fees were actually collected. The Evans emergency bill was crafted to correct that.”
In addition to the emergency legislation’s $1 million, the CityMarket at O developers will also receive $1.5 million that was originally intended for the Howard Theatre. And developers are hoping to get more money from the Department of Housing and Urban Development (HUD).