Case Study: West End Parcels 1455 Pennsylvania Ave NW, Suite 400 Ph: (888) 598-4410 Washington, DC 20004 info@craddocklocalsolutions.com The Situation The District of Columbia (the “District”) owned two aging public facilities, a library and fire station, located on separate parcels (“Square 37” and “Square 50”) in the city’s West End neighborhood. Unable to budget for new facilities during the significant economic downturn of the Great Recession, the District sought to utilize the value of the air rights of each site to deliver new public facilities as part of a larger public-private, mixed-use development project. The District, through the Office of the Deputy Mayor for Planning and Economic Development (DMPED), and in partnership with the Dist

Join for free to read