Last year the NCAACP announced plans to move from Baltimore to DC, but the WashExam reported that the deal is off.
In fact, the developers of the Anacostia Gateway, a 63,000-square-foot mixed-use project the NAACP was supposed to move into, have put the building back on the market. The goal of the project was is to help revitalize that part of town and capture more jobs and retail.
The deal seemed to make sense for the NAACP too. Closer to the Capitol. In the heart of the DC, African American community. Nope. Among other things, the deal to sell the NAACP headquaters in Baltimore collapsed, according to the WashExam.
As for the Anacostia Gateway, the owners expect to have the building under contract to sell by the end of this month. Things seem like they are slowly percolating in DC's final frontier.
May 22, 2007
NAACP In DC: Definitely Maybe Not
Posted by dcbubble.blogspot at 8:02 AM
Labels: Anacostia, commercial real estate
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment