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Mayor Adrian M. Fenty will announce the District has reached a deal with Lowe Enterprises and Jacksophie Development to dispose of a District-owned property that will be redeveloped into an $80 million mixed-use project near the Ft. Totten Metrorail Station. The project is one phase of a three-phase project that will ultimately total a million square feet of development on nine acres of land around the intersection of Riggs Road and South Dakota Avenue.
The announcement will be made at 10:30 a.m. on Monday at the intersection of Riggs Road and South Dakota Avenue N.E.
Image by Redazadi, Flickr Creative Commons