Development slow in Nationals Park neighborhood

Published December 14, 2010 5:00am ET



More than two-thirds of Washington’s Capitol Riverfront neighborhood near Nationals Park has yet to be developed two years after the park opened, as officials say the recession put a stranglehold on development. But those officials said Tuesday that better days are ahead.

“Our existing development only comprises 30 percent of our ultimate build-out — so we’re not finished yet,” said Michael Stevens, executive director of the Capitol Riverfront Business Improvement District at its annual report presentation.

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