The DC government will hold a press conference on January 14th at 10:30am to announce a land deal transferring title of land from the District of Columbia to Lowe Enterprises and JackSophie Development. The property, at the Ft. Totten Metro station, was initially announced two years ago, without 
further development. The Land Disposition Agreement (LDA) will bring up to 900 residential units and 100,000 square feet of retail in the first of three phases to the intersection of Riggs Road and South Dakota Avenue, NE. The city values the project at $80m. Details of the LDA, which was to be held on the 5th but was abruptly canceled, are being withheld. The Fort Totten development team also includes Hickok Cole Architects, Ellis Denning, City Partners Development, and mixed-use planners, StreetSense.
Washington DC commercial real estate news
3 comments:
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Click on "subscribe to this blog" in the right-hand column. We'll take it from there.
when will there be more news highlighted specific plans on thsi project?
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