That money will allow the company to break ground on the $260million project a year from September, Susan Linsky, projectmanager, tells GlobeSt.com. The TIF, she says, "means CityMarket atO will actually happen now. Getting this financing was alwayscrucial to our plan." There is $44 million of publicinfrastructure-related investment connected to the project, sheexplains. "That is what the city money will cover."

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CityMarket at O is a mixed-use project that will eventuallydeliver 100 units of senior affordable housing, 385 market raterentals, 160 condos, a 200-room limited service hotel, 560 parkingslots, 460 of which are below ground, 87,000-sf of retail,including a 71,000-sf Giant grocery store--the largest in DC,according to Linsky.

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These plans are still preliminary, she says, as the company isstill in the schematic phase. As of right now, there will be fivebuildings all together: two multifamily buildings, a condo, thehotel and the Giant grocery store. It is the grocery store that isthe adaptive use portion of the project. Roadside is restoring theO Street Market, a historic building, and incorporating it into theGiant. Built in 1881, the O Street Market served not only as amarket but as a place for residents to meet and socialize.

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