By Steve Goldstein, POLITICO StaffThis article is part of POLITICO Magazine’s Capital City Mall coverage, featuring stories from all 50 states and the District of Columbia.
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For the first time in decades, the mall in the center of the nation’s capital is taking shape in the form of a major retail center.
The first phase of the mall’s $1.8 billion transformation was announced this month.
The second phase is now underway.
The mall will open to the public on May 1.
The center, a $6.5 billion project, will include restaurants, retail, office space, a shopping center, offices and more.
The site includes about 5,000 new units of housing.
The first phase will have the mall at ground level and the second phase will extend it to the upper floors.
The new mall is expected to generate about $7 billion in annual sales and generate up to 100,000 jobs.
The mall’s first phase, which will be called the Capital Market, is slated to open to shoppers in 2020.
It will be the nation of the first major mall to be built entirely from scratch in the country.
The building will be about 8,000 square feet and will feature about 1,200 retail, residential and office spaces, according to a news release.
The second phase, scheduled to open in 2021, will be more like a small town mall.
It is projected to be about 5 million square feet, including about 3,000 retail, commercial and office space.
The project is expected, in part, to be a mix of tenants, including luxury brands such as Hermès and Calvin Klein, as well as retailers such as Gap and Dillard’s.
The final phase, expected to open by 2022, will contain a new version of the Mall of America.
It includes about 3 million square yards of retail, about 2,000 office, hotel and hotel-style spaces, along with restaurants, restaurants, offices, a large shopping mall and more, the release said.
It is expected that the first phase would create an estimated 1,500 construction jobs, the news release said, while the second would create more than 1,100 construction jobs.
For more stories about shopping, shopping culture and the nation, check out this roundup of the top stories in The Washington Post:More stories about malls:Mall of America opens to the pressMore than 1 million people have already applied to live in a two-story luxury hotel and condominium tower on the site of the Capital Markets mall, which opened in 2012.
The hotel and condo project will have a hotel, office and condo that are expected to draw about 1.2 million people each year.
The city is hosting a ribbon cutting ceremony to celebrate the construction of the hotel and the condo building.
The new project is part and parcel of the city’s ambitious plan to remake the area surrounding the Mall.
The goal is to bring more people into the community and create a thriving, diversified, pedestrian-friendly, mixed-use community.
“This is a great example of how a city can transform itself and create more jobs and better quality of life for residents and visitors,” Mayor Vincent Gray said in a statement.
“This is an exciting day for us all.”
For more on the new project, watch this video from The Associated Press: