DC Development Collapses: Stimulus Project

The Poplar Point Development Project worth $2.5 billion dollars is shelved. Clark Construction pulled out of the project because of the economic circumstances that the US is in.

This project had designs to reinvigorate an area of DC that has suffered for years without businesses, restaurants, and other parts of what most Americans consider an appropriate life style.

The project also could have included a new stadium for one of the city’s successful sports franchises, the DC United Soccer team. The development would complement the new Nationals Stadium (professional baseball) and the new stores and businesses planned for that side of the River.

Howe about including this as part of the stimulus program–new jobs during construction and a range of housing and businesses in a part of the city that desperately needs both.

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