The Story:
--- It will cost $3 billion to properly restore the St. Elizabeth's site. Some say the Dept. of Homeland Security, which is looking at moving its headquarters to the site, will not create enough spin-off development because DHS will be so isolated due to security at the campus.
--- "The area is sorely in need of economic development," said Rebecca A. Miller, executive director of the D.C. Preservation League. "A walled-off citadel on the site is not going to help."
Bubble View:
--- Wishing for better development won't make it so. Only the federal government has the money to restore the property -- either it does the work for its own tenant or someone convinces the feds to pony up the dough.
--- The impact of DHS is being undersold. The Pentagon sure transformed Arlington and it has tight security too. DHS workers will have to live somewhere.