Skyland Town Center Phase B-1

New Markets Tax Credit Coalition

Washington,
DC
(2021)

Skyland Town Center Phase B-1

Community, Grocery and Fresh Food, Mixed-use, Mixed-use and Commercial, Retail

Skyland Phase B-1, which closed on January 14, 2021, is the second phase of the multi-building, multi-phase, mixed-use Skyland Town Center; the redevelopment of a former dilapidated strip shopping center originally acquired by the District of Columbia through eminent domain.

Investment

NMTC Amount: $15,000,000
Total Project Cost: $16,366,314

IMPACT

124 FTE jobs
63 construction jobs
47,111 sq. ft. of real estate

CDEs

Enterprise Community Partners, PNC

Investor

PNC

Project Description

Skyland Phase B-1, which closed on January 14, 2021, is the second phase of the multi-building, multi-phase, mixed-use Skyland Town Center; the redevelopment of a former dilapidated strip shopping center originally acquired by the District of Columbia through eminent domain. The Project is located in the Hillcrest neighborhood in Ward 7. This phase will include 3 separate buildings, including surface parking spaces for 267 cars: (1) free-standing 29,000 sq. ft. Lidl grocery store that will provide healthy, fresh food options to the underserved community (the first Lidl in DC); (2) approximately 9,211 sq. ft. of community-serving retail space and (3) a freestanding 2,500 sq. ft. drive-through Starbucks (the first drive-through Starbucks in DC).

MAP

Address: 2800 Alabama Avenue Southeast, Washington, DC 20020

Census Tract: 11001007604

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