Top D.C. Officials On Reopening The City, Moving New Developments Forward

by Jon Banister, Bisnow Washington, DC

While D.C.’s economic development and housing agencies have been focusing on reopening and coronavirus relief, they have also closed several new deals, allowing projects to begin construction during the pandemic. This week, D.C. announced the 171-unit Riggs Park Place project in Fort Totten closed its financing and will break ground in early July. In May, it announced the closing of financing for the 185-unit Spring Flats project in Petworth. In April, the 323-unit Whole Foods-anchored building at the Parks at Walter Reed closed its financing. 

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