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WASHINGTON, DC-Jair Lynch Development Partners is moving closer to its planned mixed-use project on H Street NE in Washington, DC. The developer received a permit to carry out preparation work ahead of the mixed-used project at 625 H St. NE.
Jair Lynch bought H Street Plaza, which includes a former retail building and two office buildings, for $51.5 million in October 2011. The retail structure will be razed to accommodate 240 apartment units and retail space. Construction is scheduled to start in 2013. For the full story, go to Washington Business Journal .
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