If this is the building near the corner with Maximo Gomez, it has a serious structural defect that forced a halt to construction, but the authorities still haven't forced the developer to demolish it. It has been there for years, a monument to incompetence.
The Malecon was named after Washington along with several other main avenues in the capital named after historic world leaders (Churchill, JFK, Lincoln, de Gaulle, etc). This, I believe, was an attempt by then dictator Trujillo to curry favour with the rest of the world.
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