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Surplus it.
1) The city's finances are already in tough shape. Private development would strengthen them, public development would weaken them.
Plus, the city would be adding to its already long back log of projects.
2) A hotel would further DC's transition from a 9-5 office zone to a vital civic heart.
3) The sale of the building could fund the construction/renovation of educational properties in other parts of the city.
Such a costly school in terms of both direct expenditures and the indirect costs of forgone development would eat at money that could otherwise be spent in the actual classrooms instead of wasted on physical infastructure.

by chris on Nov 23, 2010 7:11 am • link • report

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