Sunday, September 24, 2006

NCRC Announces Rhode Island Ave. Development


NCRC has announced that it intends to start work on an apartment building at the Shaw Metro next Summer. NCRC, the publicly-chartered organization charged with spurring economic development in the city, will begin construction of the 96-unit apartment building on the 1/4 acre lot known as Parcel 42, at 7th & Rhode Island Avenue, NW, across the street from the Shaw/Howard Metro station. The project will take shape on the northwest corner of the intersection, close to a spate of other development, including West*Group's much-heralded Broadcast Center One project which is expected to start construction around the same time and bring 185 condos and substantial office space to the area. Parcel 42 will offer 46 parking spaces and 7500 s.f. of retail on site, and will be facilitated by RLARC, a subsidiary of NCRC.

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