The mayor has just named a task force of political and businessleaders to advise him on what should be done with the site when thenew, larger convention center opens. It is now under constructionat Mount Vernon Square.
The museum would cost about $200 million, while the commercialpart is estimated to cost up to $800 million. The museum would notsucceed without other development nearby, supporters say. Theproposal comes as Washington tries to transform its East EndDowntown, sometimes called Penn Quarter, into a tourist destinationwith entertainment and a cultural center. It also follows closelyon the heels of the Newseum's announcement that it will pay $100million to relocate to the Department of Employment Servicesbuilding at 6th and Pennsylvania Avenue NW, less than 10 blocksaway.
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