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District Selects Partner for 5 Million Dollars Redevelopment of Georgia Avenue Storefronts

Friday, August 22, 2008

District Selects Partner for 5 Million Dollars Redevelopment of Georgia Avenue Storefronts

Press Advisory for Immediate Release

(Washington, DC) – Mayor Adrian M. Fenty on Friday announced the District selected Donatelli Development and Mosaic Urban Partners to develop three properties along the 3800 block of Georgia Avenue into a $5 million mixed-use development, which will include a dozen condominiums and neighborhood-serving retail and restaurants.

“From U Street to Columbia Heights to here in Petworth, these guys have built one great neighborhood hub after another,” said Mayor Fenty. “And this is the type of project -- great neighborhood-serving restaurants and retail -- that should be replicated up and down Georgia Avenue.”

The properties, 3813, 3815 and 3825-29 Georgia Avenue NW, are a combination of empty storefronts and vacant lots located about one block north of the Georgia Avenue-Petworth Metrorail Station. The District issued a solicitation for the sites in late April and two well-qualified teams submitted proposals.

The project is expected to generate about 50 new permanent jobs as well a 5,000 square foot retail incubator space and at least 5,000 square feet of space for sit-down restaurants. At least 30 percent of the units will be sold as affordable housing.

Less than a block away, Donatelli Development’s Park Place, a $70 million, 156-unit housing and retail development atop the Metro station, is expected to open this coming spring. Donatelli also built The Ellington, a $50 million 190-unit apartment building at 13th and U Streets NW and Highland Park, a $70 million 229-unit building with 22,000 square feet of retail at the corner of 14th and Irving Streets NW in Columbia Heights.

The District, led by the Office of the Deputy Mayor for Planning and Economic Development, expects to engage in negotiations with the development team for the next six months and begin construction within a year. The project is expected to be complete by the fall of 2010.