Annotated Bibliography 3&4: University Real Estate and History of GW Growth

Annotated Bibliography 3:

Arsenault, Jacques. “Universities’ Role In Real Estate Grows”. Greater Greater Washington, 25 July 2013, https://ggwash.org/view/31876/universities-role-in-real-estate-development-grows.

  1. Arsenault proposes that the George Washington University and the Hospital improve upon the neighborhood and increase the real estate, as a result, the university wants to work in accordance with the surrounding area to improve upon the future of Foggy Bottom. As real estate is all about location, GWU increases the prices for the surrounding property and makes it a desireable place to live, work, shop, and eat. To quote Arsenault, “University officials noted in a recent email to faculty and staff that Water Reed “has the potential to be a campus for innovation that could combine our institutional strengths with private sector, non-profit and other institutional entities, all focused on developing ideas and solutions for next generation global problem-solving” (2013).
  2. The university hospital’s role is so very tied to the school that it is difficult to research and only find information about the hospital and not the school. The only direct research information found from the hospital are the medical studies that come from there. Therefore, I plan to apply it to look at how Foggy Bottom has grown over the years and improved or not improved the neighborhood.

Examples from Zillow:

Annotated Bibliography 4:

Lombardo, John. “Universal still not ready to discuss plans for GW. Washington Business Journal, 22 December 1997, http://www.bizjournals.com/washington/stories/1997/12/22/newscolumn3.html

  1. Lombardo discusses the ongoing debate, at that time, over whether or not they will be updating the GWU Hospital, and proposes that GW’s reputation will have an effect on the surrounding areas as a reputable place in DC. Lombardo briefly discusses the Foggy Bottom area and the location of the hospital. Lombardo also accentuates the prestige of the doctors that will be working in the hospital. He quotes, “There are all new people running the hospital, and we’ve attracted some doctors back to the hospital,” James said, referring to a period before the Universal deal when doctors and other staff left GW Hospital, citing its deteriorating condition and uncertain future” (1997). As a result, Lombardo is trying to make a point that this new hospital will be a place of stability both for patients and for the doctors. It currently, in 2017, stands strong.
  2. This source could be used in tangent with the previous one, as it gives a little background into the history of the area and the hospital before the update. This source show me how the city was not supportive of GW Hospital’s growth and I can apply this to my further research of sources that were written right before and right after the construction of completed present day news, and sources that cite new developments today.

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