DC Village isn’t in line to become the city’s next U Street.
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) announced yesterday that it had sold a 16.1 acre site at DC Village to the Washington Metropolitan Area Transit Authority (WMATA) for $6.45 million, according to a press release.
Earlier this year, WMATA closed a garage near Nationals Park after selling the land to a private developer. It now expects to build a $90 million facility to house 114 buses, which could be expanded for up to 250 buses, the press release states.
As Deputy Mayor Valerie Santos also noted, “(the sale) will provide significant resources to help us off set our current budget gap.”