Poplar Point
Anacostia Waterfront Corporation logo in 2006
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| Government-owned corporation | |
| Fate | Dissolved |
| Successor | Office of the Deputy Mayor for Planning and Economic Development, Government of the District of Columbia |
| Founded | Washington, D.C., U.S. (August 5, 2004) |
| Defunct | July 19, 2007 |
The Anacostia Waterfront Corporation (AWC) was a government-owned corporation established in 2004 by the government of Washington, D.C., to revitalize neighborhoods next to the Anacostia River and to coordinate the environmental rehabilitation and use of the river. The corporation was intended to have a 20-year lifespan, during which it would oversee an $8 billion public-private redevelopment plan covering the Anacostia River waterfront, as well as numerous parcels of land in the city east of the river. However, a change in mayoral administrations and frustration with the slow pace of redevelopment resulted in abolition of the corporation after three years.
In December 2003, D.C. Mayor Anthony A. Williams proposed creating a government-owned corporation, the Anacostia Waterfront Corporation, to promote redevelopment of the neighborhoods, roads, parks, and other areas adjacent to the Anacostia River. The proposal was the culmination of a more than four-year effort by city and federal officials, developers, private organizations, and citizens. The proposed corporation was modeled after the Battery Park City Authority, which oversaw the redevelopment of Battery Park and the residential Battery Park City neighborhood in New York City.
The AWC would be funded by $250 million in revenue bonds, and implement a 20-year program which would raise $8 billion in public and private funds (including $1.5 billion for cleanup of the river). The plan called for 5,000 new residences (both new homes and apartments), new retail districts, office buildings, a riverwalk, new bridges and roads, and a light rail transportation line to be built in the area by 2011. The Council of the District of Columbia approved the legislation on July 13, 2004, and Mayor Williams signed it into law on August 5, 2004.
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