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¡Vamos DC United! A monumental day in the Black-and-Red's (and the District's) history, the event marked United's official commencing of vertical construction for Audi Field, which will open next year. The ceremony included a performance by local DC Scores student-athletes and was attended by MLS Commissioner Don Garber, D.C. Mayor Muriel Bowser, Deputy Mayor Brian Kenner, Audi of America President Scott Keogh, United Managing Partner Jason Levien, head coach Ben Olsen, players and staff.
This project is a public-private partnership to develop an approximately $300 million, 20,000-seat state-of-the-art soccer stadium project at Buzzard Point. The stadium will add vibrancy – including over 1,000 jobs – to a neighborhood on the banks of the Anacostia, strengthen a commitment to community engagement, and help create more pathways to the middle class.
Next Stop: New Delhi. DC Gets Nonstop Service to India
Mayor Muriel Bowser and Virginia Governor Terry McAuliffe with Air India and the Metropolitan Washington Airports Authority announced Feb. 3 that nonstop service between Indira Gandhi International Airport (DEL) and Washington Dulles International Airport (IAD). beginning in July.
The new route, which will offer three nonstop, roundtrip flights per week, is estimated to bring $10 million to the District in total economic impact and $30 million annually to the region.
In 2015, Washington, D.C. welcomed 80,000 visitors from India, making it D.C.’s sixth largest overseas market. Visitation from India to Washington, D.C. has grown 40% since 2013, when it ranked ninth. Also in 2015, one out of every 10 Indian visitors to the U.S. visited the capital region. An estimated 30,000 tourists and business travelers will visit the region on this new flight annually.
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This month, the development team for Skyland Town Center in Ward 7 announced the closing of $58.5 million in foreign investment and the signing of a lease by CVS Pharmacy to remain at the development. Skyland Town Center, the first town center development in Southeast DC, is an 18-acre mixed-use development that will deliver 275,000 square-feet of retail and more than 400 residential units at completion.
The Skyland development team and DMPED also recently renegotiated $18.75 million of tax increment financing (TIF) to allow the construction of Block 2, the first delivered section of Skyland Town Center, to move forward. At completion, it will create 84,000 square-feet of retail, 263 residential units, hundreds of new jobs in the District.
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DMPED was in the community often this month most recently on Capitol Hill.
On Feb 16, more than 40 residents dedicated part of their evening to hear the community feedback gathered for redevelopment of the former site of the Eastern Branch Boys and Girls Club at 261 17th St SE.
The site is an “OurRFP” project, a Mayoral Initiative that incorporates community engagement early in the Request for Proposals (RFP) process. Our goal is to ensure that the public’s perspective and priorities are understood in conjunction with the District’s goals when crafting and issuing the RFP for this District-owned parcel.
At two community meetings and in an online engagement forum, DMPED actively solicited feedback on how to shape the future development of this site from residents and community members. The RFP is expected in April. To read more on this project, follow this link.
On Feb. 15, DMPED also held a community meeting about the development of Parking Deck at 2nd and K Sts NW in the Mount Vernon Triangle Neighborhood. At the meeting, developers presented their proposals for the space to the community and to the ANC representatives in attendance. DMPED is in the process reviewing the developer proposals.
In addition, DMPED was at Inspired Teaching Public School on Feb. 2 with the DC Department on General Services to share information with the community on the stabilization and restoration work being done at McMillan Sand Filtration Site. You can read more on the project here.
DMPED appreciates both communities active engagement and interest in the redevelopment of these two properties and all of our projects across the city!
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Just five months in to fiscal year 2017, one half of the District’s $100 million Housing Production Trust Fund (HPTF) has been allocated to projects that will produce and preserve affordable housing across four Wards. The DC Department of Housing and Community Development (DHCD) announced that the HPTF’s $50.3 million mark was met by the closing of two projects that will provide 250 affordable units in Wards 1 and 8. DHCD provided South Capitol Improvements, LLC with more than $25.1 million in HPTF financing to build a new 195-unit rental housing development at 4001 South Capitol Street SW in Ward 8. The project also received equity financing through an offering of $1.6 million in 4 percent low income housing tax credits (LIHTC) by the DC Housing Finance Agency (DCHFA). DHCD also provided Glenn Arms Preservation, LP with more than $1.6 million in HPTF financing for the acquisition and rehabilitation of 55 affordable housing units at 2518 and 2524 17th Street NW in Ward 1. The project also received equity financing through an offering of $771,000 in 4 percent LIHTCs by the DCHFA. We look forward to reporting more and more progress on the affordable housing front as the year goes on.
Moving on up... U.S News and World Report named our hometown of Washington, D.C. as the #4 best to live in the U.S. up from #8 in 2016. DC scored 7.3 out of 10 ranking a number of factors including desirability, value, job market, quality of life and net migration. Read the full DC profile here.
Capitol Vista (2nd & H St, NW): DMPED executed the Land Disposition Agreement (LDA) permit on February 17th - now, on to the hard work of building 100 affordable housing units! On March 25, 2016,we selected Voltron Community Partners to negotiate for redevelopment of the parcel, comprised of Dantes Partners, LLC, Spectrum Management, LLC, The Menkiti Group, and Bailey Real Estate Holdings.
Park Morton/ Bruce Monroe: This month, the zoning panel advanced plans for Park Morton and Bruce Monroe, a pair of projects led by the District, the D.C. Housing Authority, Parkview Community Partners, (a partnership of Dantes Partners and The Community Builders) and Torti Gallas Urban. Once completed, these projects will add 462 new housing units total and will also feature a 1-acre park, with playgrounds, a basketball court, a dog park and a community garden.
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