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Office of the Deputy Mayor for Planning and Economic Development
 

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D.C. redevelopment of old Walter Reed site inches forward

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WTOP by Kristi King

WASHINGTON — The District’s plan to redevelop the former Walter Reed Army National Medical Center in Northwest is moving forward but construction might not start any time soon.

A bill that would allow the District to purchase a 66-acre portion of the former hospital property passed out of committee on Tuesday. A final council vote is expected March 1. The city is expected to close on a deal with the site’s master developer within the year.

DC Tech Incentives


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View and download the DC Tech Incentives flyer.

Are you a company that delivers technology products and services? Qualified High Technology Companies (QHTC) can claim one of the most attractive incentive packages for high technology businesses in the country.

D.C. cuts red tape for smaller venture capital funds

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Washington Business Journal by Andy Medici


Smaller venture capital funds in the District will no longer have to follow strict licensing rules meant for financial advisers — a change that proponents say will make D.C. more tech friendly.

Since 2012, the D.C. Department of Insurance, Securities and Banking (DISB) has issued temporary licensing waivers for funds with more than $100 million under management. The latest move permanently extends those waivers and applies them to funds with less than $100 million under management.

DMPED Announces Responses to Parcel 42, first of the Pilot “OurRFP” projects

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(WASHINGTON, D.C.) – Deputy Mayor for Planning and Economic Development (DMPED) Brian Kenner today announced the responses for the redevelopment of Parcel 42 in Ward 6, the District’s first “OurRFP” project. OurRFP is a Mayor Bowser initiative that incorporates resident and community engagement early in the Request for Proposals (RFP) prior to developer solicitation. The six proposals include plans for affordable housing, retail, sustainable design, and public space in the District’s Shaw neighborhood.

Here Are The Details Behind Mayor Bowser's Affordable Housing Grants

Date Released: 

David Hubler, Bisnow, DC

The DC government is opening its wallet to the tune of $82M in public funding for 12 recently unveiled affordable housing projects that will create 804 units for approximately 1,760 DC residents. DC Mayor Muriel Bowser unveiled the plans last week.

The 12 projects were selected from 29 applications and include preservation of 466 units and construction of 338 new units.

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