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NDC News & Events

5/24/10
DC MUD: New Apartments to Surface on Georgia Avenue
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4/21/10
The Neighborhood Development Company Announces Latest Condominium Project “The Chelsea”
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8/3/09
Yes! Organic Market to Hold Grand Opening on August 17th
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5/12/09
The Neighborhood Development Company Acquires 907 Euclid Street in Partnership with Tenants Association
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4/23/09
The Neighborhood Development Company and The District of Columbia Housing Authority Sign Long Term Subsidy Contract
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3/31/09
Release from District of Columbia Mayor’s Office:
Fenty Cuts Ribbon for $28M Affordable Housing Project on Georgia Avenue.
>>>

6/12/08
BREAKING NEWS!
Black Enterprise magazine recognizes The Neighborhood Development Company as one of the top companies in the country.
>>>

More NDC News >>>

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NDC In the News!
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"Neighbors Fete Georgia Avenue Groundbreaking"
Reprinted from The Northwest Current, July 27th, 2005

By ELIZABETH WIENER
Current Staff Writer

Neighborhood Development Co. president Adrian Washington took a risk most developers would avoid when he bought the old, dilapidated building at 5832 Georgia Ave. that housed the IBEX nightclub, where Metropolitan Police Department officer Brian T. Gibson was fatally shot in 1997.

Last Saturday’s groundbreaking at the former nightclub site hardly resembled the downtrodden feeling the building has emanated for years, as people gathered to celebrate the Lofts at Brightwood.

Washington’s company is starting construction on a 32-unit condominium development project with a first-floor sit-down restaurant, the Meridian.

“The focus of our company is emerging neighborhoods,” said Washington in an interview.

Vice president Steve Cassell added, “We want to get in at the ground level and feel the momentum [of development].”

“We have many times been the first development on a part of a block,” said Washington. “Go back to properties we developed four or five years ago, and
you’ll find that they’re really transformed.”

At the event, Cassell said the company “looks at most buildings developers wouldn’t.” Washington echoed Cassell, saying that the Lofts at Brightwood “fully encompasses” the company’s mission.

Ward 4 Council member Adrian Fenty said he is pleased by the company’s decision to redevelop a building that “was used for things the community wasn’t happy with before.” He hailed the inclusion of a sit-down restaurant and new housing, and he noted its prominent location at Georgia and Missouri avenues.

Responses are “100 percent positive,” the council member said. “On a corner this visible, you want to have a flagship project like this.”

Fenty, an announced mayoral candidate, told the celebrants that development in the area has been long in coming.

The Rev. Joseph Daniels, pastor of the nearby Emory United Methodist Church and a longtime resident of the neighborhood, said he is excited about the development and what it means for the community. He said some of his church’s members have already inquired about the new units.

Daniels said he has been in the community at the church for 13 years but remembers his parents shopping in the neighborhood when he was young. Then, he said, he came to parties in the neighborhood in college. As someone who remembers the building’s history, he said he is happy with its new direction.

“There’s something positive and productive taking place here,” he said. “The neighborhood is crying out for new and fresh development.”

K. Yuen, who owns the gas station across the street from the building, said the condominium and restaurant will be good for business. “It’s a great way to rejuvenate urban living,” he said.

Brightwood Community Association member Randall Clarke, who chairs the group’s economic development committee, said Washington approached the community group about nine months ago with the project plan and was well-received by the group.

“We look at it as an anchor for Georgia Avenue, and hopefully it will bring more business,” he said.

Brian Lang, a member of the Brightwood association and its historic preservation committee, said the building also deserves some attention. It stands on the headquarters of the battle of Fort Stevens, he said. In 1921, a Masonic Grand Lodge was built, with a post office on the ground floor.

Gateway-Georgia Avenue Revitalization Corp. president Marc Loud said in a phone interview that Washington has established himself in the community. “I think it’s a great project,” Loud said.

“You don’t find developers who want to go there. Usually they have a target return, and [on Georgia Avenue] they might not be able to get that return. [Washington] said, ‘You can leave some of the money on the table. You don’t have to take all of it as a developer.’”

Cassell said their projects usually cost $5 million to $15 million; projects in wealthier neighborhoods, such as Adams Morgan, cost $25 million to $100 million or higher. Their projects, he said, often appeal to first-time home buyers. And buyers are diverse, he added.

The commercial stock on Georgia Avenue, Loud said, is much less expensive than the houses in residential communities in surrounding neighborhoods.

“It’s been Georgia Avenue that people have perceived as generally run-down,” he said.

But that’s all changing.

Along with the Lofts at Brightwood, several other significant developments are progressing along the corridor.

Sunday, Sept. 18, will mark the second annual showcase for the upper Georgia Avenue business community. Loud’s group is organizing a Funfest from 1 to 6 p.m. in a not-yet-determined location.

Loud said many people don’t know all the businesses on Georgia Avenue, and this festival will be a way for the community to connect “in a fun, relaxed and comfortable setting.”

On Sept. 19, the National Congress for Community Economic Development will tour the Gateway area of Georgia Avenue as part of a selected tour during its national meeting. “They’re looking at how we were able to change a blightedlooking community,” Loud said.

In addition, the Mexican food restaurant El Tamarindo recently expanded its business to include an art exhibit in its building. The restaurant previously housed a onestory restaurant, but now uses the rest of the building to exhibit art. He said El Tamarindo is “one of the first young, hip places on Georgia Avenue. What it says is that people are willing to invest in the area.”

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