Go HERE to read the full article by Aaron Wiener.
Next up was the Peebles Corporation, the largest African-American-owned development company in America, which proposed a 13-story building with a 198-room hotel operated by Standard International. In addition, CEO R. Donahue Peebles said, the building would contain 59 residences, and the company would build 100 units of off-site affordable housing in Anacostia. Peebles said his team is working to bring a dog spa into the retail space. He pitched the hotel concept as one that would bring the city $8 million in annual tax revenue, which he said was $6 million more than a non-hotel use would generate—something the city will surely consider in evaluating the proposals.
In case you forgot Ward 8 has only one grocery store, three sit-down restaurants, and unemployment hovering around 25%.
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