“Adrian Washington remembers riding his bike past the St. Elizabeths East campus as a kid. These days, he’s helping to build its future. Washington’s Neighborhood Development Co. is the latest developer to score the chance to build on the massive Southeast D.C. property, winning the right to develop a 421-unit mixed-use building near the Entertainment and Sports Arena. That would be a big opportunity for just about any developer in the city, but it feels especially meaningful for Washington…”
The Biden administration is aware of the need of more equitable house. Experience in this area, Adrian Washington shared his insight regarding the affordable house problem. NDC is committed to being part of the solution. Read more in the SmartCitiesDive below:
As quoted in the article, “Neighborhood Development Co. CEO Adrian Washington told Bisnow Friday his firm aims to break ground by the end of 2022, and he expects it will be an 18-month construction process. “I grew up in Ward 8 less than a mile from there,” Washington said. “When I was a kid, I would go by that site, and to think many years later I would be able to develop that site is mind-blowing.”
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It was exciting when Washington, DC, Mayor Muriel Bowser announced a new 10 million investment in Housing Stabilization Grants to help support DC’s affordable and multi-family owners. As featured, “Housing stabilization grants couldn’t come at a more critical time,” Adrian G. Washington, CEO and founder of Neighborhood Development Company, told Commercial Observer. “D.C. residents and housing providers need this type of support. We’re appreciative of Mayor Muriel Bowser’s response to this urgent need and the impact it will have on economic stability.” For more details, read below.