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DOCUMENT RESUME
02634 - [A1972912]
Economic Feasibility of the District of Columbia's Proposed
Civic Center. June 29, 1977. 7 pp.
Testimony before the Senate Committee on Appropriations:
District of Columbia Subcommittee; by Victor L. Lowe, Director,
General Government Div.
Issue Area: Federal erocurement of Goods and SeLvices (19001.
Contact: General Govsrnmrnt Div.
Budget Function: General Government: rthe: General Government
(806).
Organization Concerned: Di-trict of Columbia.
Congressicnal Relevance: Senate Coiitle on Appropriations.
District of Columbia Subcommittee.
Analysis of the economic feasibility of the civic
center proposed for the District of Columbia did not result in
definite views due to the existence of several significant areas
of uncertainty. These areac of uncertainty were: (1) can the
center attract the additional visitors and related private
development to produce a profit to the city as predicted? (2)
can the District control construction schedules and relocate the
people on the site in a timely manner that avoids costly delays?
(3) can the District provide for the effective management of the
center which is vital to its successful operation? and (4) what
effect will the lack of adequate parking spaces and direct
subway connections have on the expected delegate business and
costs of operating the center? The economic feasibility of the
center depends heavily upon the number of additional vis'tors it
attracts to Washing+on. If the number of visitors falls short of
-he estimates, thei. the benefits to the city will be reducel in
about the .me proportion. A consultant hired bi the District
emphasized that thp center must be wel-designed, well-managed,
and well-located in order to realize a profit for the city. The
accuracy of the final cost estimate of the center and the
ability of tLe District to prevent construction delays that will
escalate costs were doubtful. (SC)](ViewImageLocal?handle=hein.gao/gaobadxut0001&div=1&collection=&method=preview&ext=.png&size=3)