WASHINGTON, DC-Plans to develop a $1.5 billion mixed-use community along a stretch of waterfront in DC’s southwest quadrant are moving forward. The city has signed a Land Disposition Agreement with Hoffman-Struever Waterfront LLC that will allow the District to transfer several key parcels to the development team.

The next step is for city Council to approve the LDA. The Council’s Committee on Economic Development will hold hearings on the matter on Oct. 6. Already, the Workforce Development and Government Operations Committee has considered the disposition. The full District Council is expected to move on the measure by early November. A call to the Mayor Adrian Fenty’s office was not returned to GlobeSt.com in time for publication.

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