The Watergate complex, developed by an Italian firm, is an office-apartment-hotel complex built in 1967. It is best known for being the site of burglaries that led to the Watergate Scandal and the resignation of President NIXON.The Watergate complex, developed by an Italian firm, is an office-apartment-hotel complex built in 1967. It is best known for being the site of burglaries that led to the Watergate Scandal and the resignation of President NIXON.