In addition to trying to decide on the design of the
new baseball stadium, DC officials also are now evaluating the eight private financing schemes that have been submitted. Today's
Post ("
'Big Boxes' Part of Stadium Pitch") details developer Herbert S. Miller's proposal of "developing the land surrounding the planned ballpark in Southeast with the large-scale retailers [like Wal-Mart or Costco], a variety of smaller stores and restaurants, 450 loft apartments, 780,000 square feet of office space and a 250-room hotel." This would be accomplished by having the city acquire
all of the land south of M, north of Potomac Avenue, east of South Capitol Street, and west of First Street and giving it to him. The city's chief financial officer has until March 15 to decide whether any of the private financing proposals are feasible. Miller is the developer behind the new Gallery Place as well as Potomac Mills.