WASHINGTON, DC—The D.C. Council in a unanimousvote, has appropriated $200,000 to undertake an economic analysisof the proposed $300-million D.C. United stadiumto be built on Buzzard Point.
The study sought by Councilwoman Muriel Bowser,who is also the Democratic nominee for DC Mayor, will determine theproject's potential costs and benefits, according to the WashingtonBusiness Journal. The Council has already agreed to have theDistrict commit to a cap of $150 million in site acquisition andinfrastructure investment costs in connection with the stadiumproject.
"We know that the executive and developers have been looking atall of the components of this deal for many months, and it wouldbehoove the council to have this expert advice as we move forward,"Bowser said at the Wednesday night Council hearing.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
