D.C. Council approves Anacostia corporation

The D.C. Council Tuesday approved legislation that will create a quasi-independent corporation to manage the $8 billion redevelopment of the Anacostia River waterfront. The plan had earlier been unanimously endorsed by the council's economic development committee. The corporation was approved in an 11-1 vote. The approval clears the way for the creation of the Anacostia Waterfront Development Corp., and gives the mayor a victory in his efforts to begin redevelopment efforts along the Anacostia, an undertaking that could take decades to complete. [more]