From the
Washington Business Journal: "D.C. leaders are determined to change the future of two highly scrutinized development agencies, but they are still duking it out on how it will all work.
Deputy Mayor for Planning and Economic Development Neil Albert says his office is already crafting plans to assume the operations of the
National Capital Revitalization Corp. and the
Anacostia Waterfront Corp. Armed with several new hires with private sector development experience, Albert says he's prepared to continue the missions of both groups and cut costs, at the request of Mayor Adrian Fenty. But Albert's office will need to go through the D.C. Council, whose economic development committee has already approved a different plan. Committee Chairman Kwame Brown, D-at large, wants to create a combined entity for AWC and NCRC that would be governed by a five-member board and retain control of some of the agencies' major projects, including the Southwest waterfront, Poplar Point and the McMillan reservoir site. The remainder of the AWC's and NCRC's smaller plots and development projects would be folded into Albert's office under Brown's plan." The two sides are working to find a compromise before a vote on May 14 on the plan to create the new entity--to be called the DC Economic Development Authority (EDA).