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."

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.

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.