The retail site will be anchored by a 173,000-sf Target store and will carry a total development price tag of about $140 million. DC USA will occupy about five acres on 14th Street NW near Park Road in the Columbia Heights neighborhood, which was tapped by the city for revitalization a few years ago.

In addition to Target, the three-story Bower Lewis Thrower Architects-designed center will be home to Best Buy, Bed Bath & Beyond and Washington Sports Club, to name a few, leaving only about 50,000 sf available. Newmark Knight Frank is handling the leasing responsibilities.

Additionally, DC USA will feature a 1,000-vehicle underground parking facility financed by the National Capital Revitalization Corp. through the issuance of $48 million in tax-exempt bonds to Citibank in a transaction that closed yesterday.