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The Washington Business Journal’s has reported a few more details about the projects that received tax increment financing (TIF) yesterday:
- The Anacostia project—-a $5.2 million retail and residential project, located on the 2200 block of Martin Luther King, Jr. Avenue SE—-will include “a jazz and soul cafe planned by entrepreneur Eric Whitehead. Derrick Woody, project manager for the city, said a national chain is considering opening a sit-down restaurant as well.”
- A developer for the Washington Highlands project—-a $108 million project with 220 residential units and 85,000 square feet of office space, located at 4001-4045 South Capitol Street in Southwest—-“said he has a letter of intent for 50,000 square feet of office space and is in negotiations with a pharmacy and plans to open a small grocery store as well.”
Photo by Darrow Montgomery.