The Navy Yard site will ultimately include 600,000 sf of office space, and 20,000 sf to 40,000 sf of retail space. In a statement, the District says HUD selected the city from a pool of 66 applicants. And Washington has received other HOPE IV grants recently: $30.8 million last year, $29.9 million in 1999 and $20.3 million in 1997.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Capital Markets
Multifamily
Washington, DC