Dakota Crossing (Village and The Shops)
Narrative Description
The District seeks to revitalize a key area of Ward 5 with a large-scale residential and retail project near the intersection of Fort Lincoln Drive and 33rd Place, NE. The Village and The Shops at Dakota Crossing, respectively, represent a lucrative development opportunity that will feature new housing (including affordable housing), new neighborhood-serving retail, job opportunities, and opportunities for local businesses to have a presence in a major development project in the city.
Development Partners
Village: Fort Lincoln New Town Corp (FLNTC)/The Concordia Group
The Shops: Fort Lincoln New Town Corp (FLNTC)/The Peterson Companies/Washington Gateway LLC (Peterson Companies and Fort Lincoln New Town Corporation)
Location
Intersection of Fort Lincoln Drive, NE and 33rd Place, NE (Ward 5)
Next Steps
Development Program
Village:
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Residential (GSF): 576,109
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Residential Units: 537 townhomes
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Affordable Residential Units: 30
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Development Cost: $100 million
The Shops:
Overall Community Benefits
Civic Investments
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Features 100 percent LSDBE development partner (FLNTC)
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Features affordable and workforce housing for residents
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Provides 650 permanent jobs for residents and 124 construction jobs
Economic Opportunities
