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In the summer of 2020, several councilmembers led an effort to defund the streetcar extension to the Benning Road Metro Station in Ward 7. In doing so, they made several statements on the record about the project and Ward 7. Many of them centering around who would benefit from a streetcar extension, and how. Michael Havlin argues that there thousands of residents who could benefit from the project and developers who want in on the action.
The first phase of Northeast Heights includes the construction of a 258,500-square-foot office building with 18,000 square feet of street-level retail.
Washington, D.C. A joint venture between Cedar Realty Trust (NYSE: CDR), Asland Capital Partners and the Goldman Sachs Urban Investment Group has broken ground on the first phase of Northeast Heights. The $600 million mixed-use office and retail development is located in the Minnesota and Benning submarket of Washington D.C.’s Ward 7 neighborhood. The property is located at 3924 Minnesota Ave. Construction has a completion date of late 2022 or early 2023.
The first phase of Northeast Heights includes the construction of a 258,500-square-foot office building, as well as 18,000 square feet of street-level retail. The office space is 100 percent leased to the Washington, D.C., Department of General Services for its headquarters.
“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.