Medical Center's Closure an Opportunity for D.C.

The closure of the Walter Reed Medical Center in Washington D.C. presents a big piece of property and a big opportunity for the District.

"The State Department will take a chunk of Walter Reed's 113 acres, possibly for embassies. But that leaves almost 70 acres for D.C. In a city where a quarter of the land is owned by the federal government, demand for land is high.

'This is a uniquely vocal community, let me just put it that way,' says Victor Hoskins, deputy mayor of Planning and Economic Development. He co-chairs the committee that is going to figure out just what the District of Columbia is going to do with all of this land.

'Actually, the interest we've gotten from a number of retailers already has been, really, quite astounding. What's going to happen is when that fence comes down [and] we develop the retail along there, it will become a place to go,' Hoskins says. 'And there's a chance now to revive a Main Street, which is Georgia Avenue, which has for years been suffering from decay.'"

The space will also no longer be exempt from property taxes, potentially created a big influx for the District.

Full Story: Walter Reed Center's Closure May Be A Boon To D.C.

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00