Comments on: CityMarket at O Groundbreaking Expected in Summer 2010 http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/o-street-market-project-groundbreaking-expected-in-summer-2010/ D.C. Real Estate Sun, 22 Nov 2009 15:18:31 -0500 http://wordpress.org/?v=2.8.1 hourly 1 By: Kelsey Gardens Groundbreaking in February 2010 - Housing Complex - Washington City Paper http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/o-street-market-project-groundbreaking-expected-in-summer-2010/comment-page-1/#comment-3049 Kelsey Gardens Groundbreaking in February 2010 - Housing Complex - Washington City Paper Mon, 18 May 2009 21:12:07 +0000 http://www.washingtoncitypaper.com/blogs/housingcomplex/?p=5893#comment-3049 [...] The entire area hit some walls this year. There’s little buzz these days about the Radio One project up the street, and the CityMarket at O development is stalled until 2010, at last reporting. [...] [...] The entire area hit some walls this year. There’s little buzz these days about the Radio One project up the street, and the CityMarket at O development is stalled until 2010, at last reporting. [...]

]]> By: Cassandra http://www.washingtoncitypaper.com/blogs/housingcomplex/2009/05/07/o-street-market-project-groundbreaking-expected-in-summer-2010/comment-page-1/#comment-2764 Cassandra Sat, 09 May 2009 15:08:15 +0000 http://www.washingtoncitypaper.com/blogs/housingcomplex/?p=5893#comment-2764 Ah but you missed two fun facts: This time last year, we were told that Roadside needed a $35 million TIF subsidy to break ground in Fall of 2009. Like "Tomorrow," this project is always a day (and a few million tax dollars) away. Note that the $2.5 million from DC will be used to apply for a new round of federal subsidies. Hardly a certain thing if anyone objective looks at Roadside's almost decade long track record of eff-ups on this project. Also, there was a charming exchange between CMs Graham and Evans over this legislation. When Graham pointed out that the legislation didn't provide subsidies for the other affordable housing projects that had been promised and had not received revenue from the parking meter fee increases, Evan's response: All I'm interested in is a million dollars for O Street." Ah but you missed two fun facts:

This time last year, we were told that Roadside needed a $35 million TIF subsidy to break ground in Fall of 2009. Like “Tomorrow,” this project is always a day (and a few million tax dollars) away. Note that the $2.5 million from DC will be used to apply for a new round of federal subsidies. Hardly a certain thing if anyone objective looks at Roadside’s almost decade long track record of eff-ups on this project.

Also, there was a charming exchange between CMs Graham and Evans over this legislation. When Graham pointed out that the legislation didn’t provide subsidies for the other affordable housing projects that had been promised and had not received revenue from the parking meter fee increases, Evan’s response: All I’m interested in is a million dollars for O Street.”

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