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Potomac Yard Station
Potomac Yard station is a Washington Metro station under construction in Alexandria, Virginia, United States. The station will be operated by the Washington Metropolitan Area Transit Authority (WMATA), serving both the Blue and Yellow Lines, and is expected to open in May 2023. The station will be located at Alexandria's planned Potomac Yard mixed-use development bounded by Richmond Highway (U.S. Route 1) and the George Washington Memorial Parkway. Upon its completion, Potomac Yard will be the second infill station to be added to the Washington Metro system, after NoMa–Gallaudet U in 2004. Potomac Yard station is being constructed on the site of Potomac Yard, a former railroad freight yard. History Background Plans to construct a Washington Metro station between the Braddock Road and Ronald Reagan Washington National Airport stations on the Blue and Yellow Lines have been proposed since the Potomac Yard retail and residential redevelopment began in the late 1990s with the ...
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Alexandria, Virginia
Alexandria is an independent city (United States), independent city in the northern region of the Commonwealth (U.S. state), Commonwealth of Virginia, United States. It lies on the western bank of the Potomac River approximately south of Downtown, Washington, D.C., downtown Washington, D.C. In 2020, the population was 159,467. The city's estimated population has grown by 1% annually since 2010 on average. Like the rest of Northern Virginia and Central Maryland, modern Alexandria has been influenced by its proximity to the U.S. capital. It is largely populated by professionals working in the United States federal civil service, federal civil service, in the U.S. Military, U.S. military, or for one of the many private companies which contract to Government contractor, provide services to the federal government. One of Alexandria's largest employers is the United States Department of Defense, U.S. Department of Defense. Another is the Institute for Defense Analyses. In 2005, the U ...
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NoMa–Gallaudet U Station
NoMa–Gallaudet U is an elevated, island platformed station on the Washington Metropolitan Area Transit Authority's (WMATA) Metro system. It is located on the same embankment as the Amtrak tracks into Union Station. It serves the Red Line, and is situated between Union Station and Rhode Island Avenue–Brentwood stations. NoMa–Gallaudet U is located near the intersection of New York Avenue and Florida Avenue in Northeast Washington, D.C. The station is within the NoMa neighborhood, which is both residential and commercial, and the station itself is in a commercial district on Florida Avenue. The station opened under the name New York Ave–Florida Ave–Gallaudet U on November 20, 2004, as both the system's first infill station and as the first to be built with a mix of public and private funds. Additionally, a portion of the Metropolitan Branch Trail was completed as part of its construction. History The station was not originally built with the rest of th ...
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Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the bank plays the role of the borrower. Interest diff ...
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Tax-allocation District
A tax-allocation district (TAD), also known as tax increment financing, is a defined area where real estate property tax monies gathered above a certain threshold for a certain period of time (typically 25 years) to be used for a specified improvement. The funds raised from a TAD are placed in a tax-free bond (finance) where the money can continue to grow. These improvements are typically for revitalization and especially to complete redevelopment efforts. Tax-increment financing has attracted much criticism as merely a subsidy to connected developers. California, where the practice began, has discontinued their use though it will be paying off debt on previous formed districts for years to come. Enactment of a TAD typically requires approval of all local governments who will be giving-up taxes, thus a project within a municipality will also require approval of the county's commission (or its local equivalent), and the board of the school district, in addition to the city coun ...
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The Washington Examiner
The ''Washington Examiner'' is an American conservative news outlet which consists principally of an online/digital website with a weekly magazine, based in Washington, D.C. It is owned by MediaDC, a subsidiary of Clarity Media Group, which is owned by Philip Anschutz. From 2005 to mid-2013, the ''Examiner'' published a daily tabloid-sized newspaper, distributed throughout the Washington, D.C., metro area. The newspaper focused on local news and political commentary. The local newspaper ceased publication on June 14, 2013, whereupon its content began to focus almost exclusively on national politics, from a conservative point of view, switching its print edition from a daily newspaper to an expanded print weekly magazine format. History The publication now known as the ''Washington Examiner'' began its life as a handful of suburban news outlets known as the Journal Newspapers, distributed not in Washington D.C. itself, but only in the suburbs of Washington: ''Montgomery Journa ...
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Unanimity
Unanimity is agreement by all people in a given situation. Groups may consider unanimous decisions as a sign of social, political or procedural agreement, solidarity, and unity. Unanimity may be assumed explicitly after a unanimous vote or implicitly by a lack of objections. It does not necessarily mean uniformity and can sometimes be the opposite of majority in terms of outcomes. Voting Practice varies as to whether a vote can be considered unanimous if some voter abstains. In ''Robert's Rules of Order'', a "unanimous vote" is not specifically defined, although an abstention is not counted as a vote regardless of the voting threshold. Also in this book, action could be taken by "unanimous consent", or "general consent", if there are no objections raised. However, unanimous consent may not necessarily be the same as a unanimous vote (see Not the same as unanimous vote). In either case, it does not take into account the members who were not present. In contrast, a United Natio ...
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Tax Increment Financing
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world. Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all U.S. states excepting Arizona had authorized the use of TIF. The first TIF in Canada was used in 2007. This model has been heavily criticized by Libertarian-Conservat ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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Big-box Store
A big-box store (also hyperstore, supercenter, superstore, or megastore) is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores. Commercially, big-box stores can be broken down into two categories: general merchandise (examples include Walmart, Target, and Kmart), and specialty stores (such as The Home Depot, Barnes & Noble, or Best Buy), which specialize in goods within a specific range, such as hardware, books, or consumer electronics, respectively. In the late 20th and early 21st centuries, many traditional retailers and supermarket chains that typically operate in smaller buildings, such as Tesco and Praktiker, opened stores in the big-box-store format in an effort to compete with big-box chains, which are expanding internationally as their home markets reach maturity. The ...
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Zoning In The United States
Zoning in the United States includes various land use laws falling under the police power rights of state governments and local governments to exercise authority over privately owned real property. Zoning laws in major cities originated with the Los Angeles zoning ordinances of 1904 and the New York City 1916 Zoning Resolution. Early zoning regulations were in some cases motivated by racism and classism, particularly with regard to those mandating single-family housing. Zoning ordinances did not allow African-Americans moving into or using residences that were occupied by majority whites due to the fact that their presence would decrease the value of home. The constitutionality of zoning ordinances was upheld by the Supreme Court of the United States in ''Village of Euclid, Ohio v. Ambler Realty Co.'' in 1926. According to the ''New York Times'', "single-family zoning is practically gospel in America," as a vast number of cities zone land extensively for detached single-family ho ...
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Alexandria City Hall
The Alexandria City Hall also known as the Alexandria Market House & City Hall, in Alexandria, Virginia, is a building built in 1871 and designed by Adolph Cluss. It was listed on the U.S. National Register of Historic Places in 1984. The site was originally a market from 1749 and courthouse from 1752. A new building was constructed in 1817 but after an extensive fire in 1871 it was rebuilt as a replica of the former building. History The site of Alexandria City Hall dates back to 1749 when a market was established there. In 1752, lottery proceeds funded the building of a town hall and courthouse on the site, designed by local gentlemen. George Washington served as a justice in this court, which served Alexandria and Fairfax County (of which Alexandria was a part), and was a town trustee before the Revolutionary War. In 1817, a new three-story brick building was built along Royal Street, including a clock tower designed by Benjamin Henry Latrobe. The tall-steepled tower became ...
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Ronald Reagan Washington National Airport (WMATA Station)
Ronald Reagan Washington National Airport station is a Washington Metro station in Arlington, Virginia on the Blue and Yellow Lines. The station platform is elevated and covered and is the last above-ground station on the Yellow Line in Virginia, heading into Washington, D.C. It is one of only two stations in the system to have three tracks (the other being ). The station is located across Smith Boulevard from Terminal 2 at Ronald Reagan Washington National Airport; the mezzanine is directly connected to Level 2 of the terminal (security checkpoints/gates level) by two pedestrian bridges. Airport shuttle buses or a walkway connect the station and Terminal 1. The airport's Abingdon Plantation historical site is near the station. History The station opened on July 1, 1977. Its opening coincided with the completion of of rail between National Airport and RFK Stadium and the opening of the , , , , , , , , , , , , , , and stations. When service began on July 1, 1977, it was ...
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