Canyon-Johnson makes DC first.WASHINGTON, DC: The Canyon-Johnson Urban Fund is making its first ever investment in the Washington, DC market by partnering with Faison of Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , on the development of a transit-oriented condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. project next to the Navy Yard Metro station For the band, see . A metro station is a railway station for a rapid transit system, often known by names such as "metro", "underground" and "subway". It is often underground or elevated. At crossings of metro lines they are multi-level. in the Near Southeast submarket. The site sits only blocks from the new Washington New Washington is the name of several towns in the United States:
The project will be the first condominium development in the Near Southeast submarket of Washington, DC in recent history. Plans call for 266 condominium units over a four-level underground parking garage with approximately 210 parking spaces and 65 storage spaces. The condominium community is part of a master planned development that will include a 13-story office building adjacent to the project, which will be separately developed by Opus opus (ō`pəs) [Lat.,=work], in music, term used in cataloging a composer's works, designating either a single composition or a group published together or considered a unit. . Citibank Community Development is providing a senior construction loan for the project. |
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