chanel
Silver Member
Construction began in March on CityCenterDC, a $700 million complex envisioned as a modern-day Rockefeller Center, with 2.5 million square feet of office, residential and retail space as well as a public plaza and park.
One of the largest downtown projects in the nation, CityCenterDC will fill 10 acres, all city-owned except for the land beneath two condo buildings
Even before the Qatari investors became involved, Hines and Archstone determined that leasing to banks would not help them create lively shopping streets, Mr. Alsup said. But as it happened, their hesitancy on bank branches meshed with the policies of their financial partners, who adhere to the restrictions of Shariah, or Islamic law, including the ban on collecting interest. Restaurants will be able to serve liquor, but retailers whose primary business involves selling alcohol will not be allowed, Mr. Alsup said.
http://www.nytimes.com/2011/06/22/r...nder-way.html?_r=2&scp=7&sq=citycenter&st=cse
10 acres on restricting banks and alcohol? What is "city owned property"?