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Plans for future Apple Store at Carnegie Library in Washington, D.C. moving forward with 10-year lease proposed
Apple is moving forward with plans to open a retail store in the historic Carnegie Library in Mount Vernon Square, according to the Washington Business Journal. Discussions about the possibility of Apple opening a retail store in the Washington D.C. venue were first reported earlier this yearApple is expected to “renovate the 113-year-old building across the street from the Washington Convention Center” and provide a “payment of between $1 million and $2 million to offset any losses for the building at 801 K St. NW” while paying market rent at the venue.The new retail store is expected to be on the scale of recent Apple Store designs in San Francisco and London with designers Foster + Partners involved.For the Carnegie Library, an investment from Apple is expected to be a benefit the venue as well:
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