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Anacostia Waterfront Corporation

Logo: http://www.mccormackbaron.com/HTML/newsitems/9-28-06-AWC_Selects_Development_Team.pdf Press release, Anacostia Waterfront Corporation, September 28, 2006., Non-free logo, via Wikipedia3

Defunct government-owned corporation in the United States

The Anacostia Waterfront Corporation (AWC) was a government-owned corporation established in 2004 by the government of District of Columbia, in the United States, 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 and numerous parcels of land in the city east of the river.2 It is headquartered in Washington, D.C.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2004Founded1
  • HeadquartersWashington, D.C.1

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The Anacostia Waterfront Corporation (AWC) was a government-owned corporation established in 2004 by the government of District of Columbia, in the United States, 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 and 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 the abolition of the corporation after three years.2

The story

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 that would raise $8 billion in public and private funds (including $1.5 billion 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.

The chairman of the AWC's board of directors was Stephen Goldsmith, a former mayor of Indianapolis, Indiana, and its chief executive officer was Andrew Altman, Director of the Office of Planning for the District of Columbia.

From Wikipedia’s article on Anacostia Waterfront Corporation, shared under CC BY-SA 4.0.4

Timeline

  1. 2004Founded Founded1

Sources

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