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2 M Street NE, Washington DC

Disposition: Issued a solicitation, selected a development partner, executed a land disposition agreement, and provided a $16M equity investment for the first NW One New Communities project. This disposition of Northwest One New Communities Program Site 2 provided for residential mixed-income development with 4,000 SF of retail in a high-rise building. The 314 unit mixed-income development included 59 replacement units for former residents of Temple Courts and 34 additional affordable units.

  • Categories Project & Stakeholder Management
  • Location 2 M Street NE Washington DC
  • Total Square Footage 250,000 GSF
  • Total Cost $95 Million
  • Number of Units 314
  • Government Partners Deputy Mayor's Office for Planning and Economic Development (DMPED), The District of Columbia Housing Authority (DCHA)
  • Development Partner William C. Smith
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