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“Mayor Muriel Bowser announced Tax Increment financing (TIF) funds – totaling over $50 million – and
broke ground at the new Northeast Heights, located at the Minnesota Avenue, NE and Benning Road, NE corridor in Ward 7. Northeast Heights is designed as a destination location to include mixed-use development consisting of new and reimagined retail, dining, and residential spaces. A primary anchor of the development is the relocation of the Department of General Services (DGS) headquarters, to be located at 3924 Minnesota Avenue, NE. Mayor Bowser was joined by Ward 7 Councilmember Vincent C. Gray, representatives from Cedar Realty Trust, the Goldman Sachs Urban Investment Group, Asland Capital Partners, Administration officials and members of the community.
Thursday, May 20, 2021
CONTACT:
Shayne Wells (DMPED) – (202) 215-8384; [email protected]
John Stokes (DGS) – (202) 288-7275; [email protected]
(Washington, DC) – Today, Mayor Muriel Bowser announced Tax Increment financing (TIF) funds – totaling over $50 million – and broke ground at the new Northeast Heights, located at the Minnesota Avenue, NE and Benning Road, NE corridor in Ward 7. Northeast Heights is designed as a destination location to include mixed-use development consisting of new and reimagined retail, dining, and residential spaces. A primary anchor of the development is the relocation of the Department of General Services (DGS) headquarters, to be located at 3924 Minnesota Avenue, NE. Mayor Bowser was joined by Ward 7 Councilmember Vincent C. Gray, representatives from Cedar Realty Trust, the Goldman Sachs Urban Investment Group, Asland Capital Partners, Administration officials and members of the community.