Press Advisory for Immediate Release March 4, 2009 District Receives Three Bids for $170M Revitalization of Park Morton (Washington, DC) – Deputy Mayor Neil O. Albert on Tuesday announced the District received three responses to its solicitation seeking a development partner to transform the Park Morton public housing complex on Georgia Avenue into a vibrant mixed-income community that will ultimately include more than 500 new units of affordable and market-rate housing. “Park Morton has the potential to be the single most transformative project in our work to revitalize Georgia Avenue,” Albert said. “We need a partner that capable of more than just building housing. We are looking for someone who is committed to building a healthier, safer new community. This response, especially in light of the current economic conditions, speaks volumes about the value of this opportunity.” The teams are: Park Morton Partners, which includes: Pennrose Properties, LLC FM Atlantic, LLC Harrison Adaoha, LLC Park Morton Partners (unaffiliated with the other team), includes: The Neighborhood Development Company, LLC The Community Builders, Inc. Park View Partners Landex Corp. Warrenton Group Spectrum Management The Park Morton project is one of the District’s four New Communities. The program, aims to rebuild some of the city’s most troubled public housing complexes into new mixed-use, mixed income neighborhoods. Drafted in cooperation with community leaders of each neighborhood, the District’s plans call for replacing each existing housing unit with a new unit; every resident who currently lives in each community will have the opportunity to move into a new unit.  The other New Communities are: Northwest One in Ward 6, Barry Farm in Ward 8 and Lincoln Heights/Richardson Dwellings in Ward 7. Located in Ward 1’s Park View neighborhood, Park Morton is generally bound by Georgia Avenue on the west, Warder Street on the east, Lamont Street on the south, and Park Road on the north. The solicitation called for a development partner to build 477 new units of housing and provide 46 off-site units as well as a 10,000 square foot park. The project can be completed in phases. In addition to the physical program, the development team will work with human services groups to develop plans to engage residents in adult education, financial literacy and employment programs as well as create youth development and community health care opportunities. Later this spring, the Deputy Mayor’s Office will schedule a public meeting where the bidders will present their proposals to the community.