Dupont Circle Business Owners Seek $2 Million In DC
Business owners in Washington D.C.'s Dupont Circle are requesting $2 million from lawmakers to offset construction costs. The request follows a 42% revenue decline for some businesses due to a construction project. Concerns were voiced during an EC Council hearing on Monday. The funds would be used to cover rent and support merchant well-being during the construction period. Executive Bill McLeod stated that construction is deterring customers and making it difficult for shopkeepers to pay rent. Merchants are asking for assistance to survive the short-term financial strain caused by the project. Challenges include the inability to offer food to-go or accommodate guest drop-offs and rides. Jeff Cole, owner of the Golden Hour cocktail bar, reported monthly costs of $50,000 due to the construction.
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Sources · 7 independent
“A group of Dupont Circle business owners are asking DC lawmakers to set aside two million dollars to help them stay open through the end of construction next spring.”
“The problem is that the construction is keeping customers away. And that's why the DuPont Circle Bid or Business Improvement District is asking for an additional”
“DuPont Circle Bid or Business Improvement District is asking for an additional $2 million from the city in grants to help affected businesses pay the rent.”
“The DuPont Circle bid, or Business Improvement District, is asking for an additional $2 million from the city in grants.”
“is asking for an additional $2 million from the city in grants.”
“We are asking the DC government for $2 million for grant money to assist DuPont merchants on Connecticut Avenue to survive construction.”
“the DuPont Circle Bid or Business Improvement District is asking for an additional $2 million from the city in grants to help affected businesses pay the rent.”
“Business owners in one area of DePont Circle say a project to improve sidewalks and build a park over the Connecticut Avenue underpass is costing them customers right now.”
“A group of DuPont Circle business owners are asking DC lawmakers to set aside $2 million to help them stay open through the end of construction next spring.”
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