This paper sets out a bold overall vision for economic development and fiscal viability in
the District of Columbia over the next ten years. We hope this vision will stimulate vigorous
debate and discussion about the District’s future and its role in the Greater
Washington region. We also hope that broad-based community dialogue about the future
of the city will lead to the emergence of a shared vision—not necessarily the one sketched
out here—and to serious public and private actions that will turn this shared vision into
reality over the next decade.
The vision offered in this paper will not appeal to everyone and will strike some as
overly ambitious. Several points, however, should be borne in mind:
Success in attracting more knowledge-based companies would complement the residential strategy, especially if effectively linked to improving the city’s capacity for technical education.
to most people will be perceived as threatening to some. In any neighborhood experiencing an inflow of population and an upgrading of the housing stock there is a potential for tension between new and long-time residents.
requires concentrated, visible effort in particular neighborhoods and schools. Spreading
resources too thinly, without the critical mass to make a visible difference in any one place, is a recipe for failure
economic recovery of the District comes at the right moment for it to participate actively in a dialogue with the rest of the Greater Washington Region over cooperative strategies to benefit