WASHINGTON, DC—The partnership of Jonathan RoseCos. and Somerset Development Co. hasfiled plans to replace the Portner Place publichousing development with a mixed-use project.
The plans call for the four-story, 48-unit Section 8 housingcomplex to be razed and replaced with a two-winged building withground floor retail, according to the Washington BusinessJournal.
Somerset, Jonathan Rose, New Community Partnersand the Rose Green Cities Fund acquired PortnerPlace, which consists of three garden-style buildings, lastSeptember for $16.15 million. The new plan calls for 366 newaffordable and market rate apartments.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
