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Office of the Deputy Mayor for Planning and Economic Development
 

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The DMPED Real Estate Project Pipeline provides our stakeholders with real time updates on the status of real estate projects located across the District of Columbia.

Office of the Deputy Mayor for Planning and Economic Development - DMPED

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Rappaport's Skyland Town Center signs a tenant and locks up $58.5M in foreign investment

Date Released: 
Tue, 02/21/2017

Washington Business Journal by Karen Goff

The Skyland Town Center project is advancing without Wal-Mart.

Rappaport Cos., co-developer of the troubled Ward 7 project, said Tuesday that CVS, a former tenant in the now-demolished Skyland Shopping Center, has signed a lease for 10,000 square feet in the 18-acre town center. Rappaport also said it has closed on $58.5 million in foreign investment.

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