A year passed , and the city was unable to sell the bonds for the TIF package . The early 2000s recession left bond buyers unsure that the hotel would be able to generate enough tax revenue to cover the bond repayments . The significant economic downturn that occurred after the September 11 attacks in 2001 worsened the city 's ability to sell bonds . To correct the problem , the D.C. City Council adopted new legislation to geographically widen the area the TIF bonds drew revenue from . The new TIF district included the neighborhoods of Downtown , Dupont Circle , Foggy Bottom , Logan Circle , and Shaw in addition to Southwest
September 11 attacks
September 11 attacks
Mandarin Oriental, Washington, D.C.