Not only that, but DC Metrocentric, a blog focusing on real estate in Washington DC posted the image below, showing demolition of the former Nigerian Embassy clearing the way for the 1 Hotel to be built.
For those who need a refresher: Starwood Capital & Perseus Realty were building a 1 Hotel on this site which would include 180 rooms, a B.R. Guest Restaurant, and a spa, with the overall architectural design by Chad Oppenheim. Originally due to open in 2010, all estimates were thrown out the window once the credit markets went haywire.
With all this news, we still haven't heard anything about when construction of the hotel will begin or when it's scheduled to open, but with the updates on Perseus's website and the recent demolition activity, it might just be sooner than we expected.
[Demolition Image Credit: DC Metrocentric]

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