MLKG2

Investment

  • NMTC Amount: $29,000,000
  • Total Project Cost: $65,145,010

IMPACT

  • 192 FTE jobs
  • 168 construction jobs
  • 61,000 sq. ft. of real estate

Investor

Project Description

Finance the adaptive reuse of two structures and the new construction of an office building containing approximately 61,000 sq. ft. of office and ground floor retail space, a roof terrace, and parking in Washington, D.C.

MAP

Address: 1909 Martin Luther King Jr Avenue Southeast & 111 Good Hope Road Southeast, Washington, DC 20020

Census Tract: 11001007503

Other District of Columbia Projects

50,000 sq. ft. redevelopment of a church community facility, office and program space, and neighborhood retail.
An innovative state-of-the-art pre-school offering early childhood educational programs supported by Head Start.
NMTC financing supported the construction of the KIPP DC Hamilton Campus, adjacent to Union Market and Gallaudet University.
DC Housing Enterprises (DCHE) and co-allocatee City First provided $26 million in NMTC financing for the new BFC Southeast Center. The facility meets several community development and economic priorities.