History of Washington, D.C.
Georgetown was established in 1751 when the Maryland legislature purchased sixty acres of land for the town from George Gordon and George Beall at the price of £280, while Alexandria, Virginia was founded in 1749. Situated on the fall line, Georgetown was the farthest point upstream to which oceangoing boats could navigate the Potomac River. The strong flow of the Potomac kept a navigable channel clear year-round; and, the daily tidal lift of the Chesapeake Bay, raised the Potomac's elevation in its lower reach; such that fully laden ocean-going ships could navigate easily, all the way to the Bay. Gordon had constructed a tobacco inspection house along the Potomac in approximately 1745. Warehouses, wharves, and other buildings were added, and the settlement rapidly grew. The Old Stone House, located in Georgetown, was built in 1765 and is the oldest standing building in the District. It did not take long before Georgetown grew into a thriving port, facilitating trade and shipments of tobacco and other goods from colonial Maryland. With the economic and population growth of Georgetown came also the founding of Georgetown University in 1789, at its founding drawing students from as far away as the West Indies.
History of Georgetown University
In 1987, the University decided to close the School of Dentistry following the class of 1990 for financial reasons, as the number of dental students dropped nationwide. Supplies and equipment from the school were sent to Pontifical Xavierian University in Bogotá, Colombia. In 1994, the School of Languages and Linguistics was folded into the College, and is now the Faculty of Languages and Linguistics. On October 7, 1998, the School of Business was renamed the McDonough School of Business in honor of alumnus Robert Emmett McDonough and in 2009, it moved into the newly constructed Rafik B. Hariri Building. In 1999 the School of Nursing added three other health related majors and appended its name to become the School of Nursing and Health Studies.
John J. DeGioia, Georgetown's first lay president, has led the school since 2001. DeGioia has continued its financial modernization and has sought to "expand opportunities for intercultural and interreligious dialogue." In October 2002, Georgetown University began studying the feasibility of opening a campus of the Edmund A. Walsh School of Foreign Service in Qatar, when the non-profit Qatar Foundation first proposed the idea. The School of Foreign Service in Qatar opened in 2005 along with four other U.S. universities in the Education City development. That same year, Georgetown began hosting a two-week workshop at Fudan University's School of International Relations and Public Affairs in Shanghai, China. This later developed into a more formal connection when Georgetown opened a liaison office at Fudan on January 12, 2008 to further collaboration.