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October 3: The Capella

Tuesday - 10/4/2011, 9:25am  ET

Hotel firm West Paces Hotels is moving ahead with a 49-room luxury boutique hotel in Georgetown. The executive vice president of West Paces Hotels tells Hotel Check-In that the Capella Georgetown has financing and that the time is right. He says the goal is to open the 49-room hotel in time for the next presidential inauguration on Jan. 20, 2013. The five-story building at 1050 31st St. NW is a former office building.