From the Washington Business Journal:
George Curtis III, whose family's furniture company built the 19-foot high chair at V Street and Martin Luther King Jr. Avenue SE, is teaming with D.C.'s Four Points LLC on a planned 1.5 million square feet of new development in the heart of Anacostia's blighted business district.
The project envisions development of 9.5 acres -- nearly eight city blocks -- on the west side of Martin Luther King Jr. Avenue around the big chair, a neighborhood landmark since it was installed in 1959 and whose survival over the decades has made it a symbol of the area's resilience.
The plans include 855,000 square feet of offices, 500 residential units, 165,000 square feet of retail, an eight- to 10-screen movie theater and a grocery store.
More on this ridiculously exciting news later today...
images courtesy of the Washington Business Journal