WASHINGTON, DC-The District wants to develop a 90,000-sf area on which two city-owned properties are located. They are behind the 88-year-old Lincoln Theatre in the city’s up-and-coming U Street Corridor.

The District will use a portion of the funds generated by the project to support the theater’s operations. “The Lincoln Theatre has an incredible history and great potential,” Mayor Adrian Fenty says in a prepared statement. “This is a perfect example of what we can do when we leverage our assets to get better amenities for our neighborhoods.”

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