Narrative Description

The District selected in late 2007 Parcel 42 Partners to build a $28 million mixed-use affordable housing project on city-owned land on the corner of 7th Street and Rhode Island Avenue in the Shaw neighborhood. The project will consist of 94 apartments, which will be priced for renters earning no more than 60 percent of the Area Median Income. The project also includes 8,000 square feet of retail space and 31 underground parking spaces.

Parcel 42 Partners is a partnership between Metamorphosis Development Group, Metro Partners, and Sunrise Development Corp. Parcel 42 Partners competed with several other teams for the right to develop the site.

Development Partners

Parcel 42 Partners: Metamorphosis Development Group, Metro Partners, and Sunrise Development Corp.

Location

1707 7^th Street, NW & 639 Rhode Island Avenue, NW

Next Steps

Ground breaking Winter 2009, completion Summer 2011

Development Program 

Community Benefits

Civic Investments

• 100 percent of the apartment units will be priced for residents earning no more than 60 percent of the Area Median Income
• At least 51 percent of the new jobs created by the project will go to District residents

Economic Opportunities

• 70 construction jobs
• More than 20 full-time jobs.
• At least 35 percent of the contracts generated by the project must go to LSDBE-certified firms

Environmental Sustainability