This is timely since the topic of tax breaks came up in the Park Road Facade Improvement project post below. This is the big news this morning from the Washington Post:
“Whole Foods Market and a D.C. real estate firm are interested in building a new store in Southeast Washington near Nationals Park, but the developer says that luring the grocer would require $8 million in tax breaks. William C. Smith and Co. is proposing a 39,000-square-foot Whole Foods for 800 New Jersey Ave. SE as part of a building that would include 375 apartments.”
Though another section from the article which I also found interesting said:
“In a recent study of economic development assistance provided by the city, the D.C. Office of the Chief Financial Officer found that Ward 6 had received by far the most aid in fiscal 2010: $129 million, followed by Ward 2’s $59 million.”
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