EJF Capital, Donatelli Plan $95M Opportunity Zone Project

➤➤ Join the GlobeSt.com ADAPT: Opportunity Zones conference September 16-17 in Baltimore, MD The new national conference series is aimed at identifying Opportunity Zones across all property types and geographic regions. This first-of-its-kind event will educate, connect and celebrate the investors, developers and owners with the people behind the planning and decision-making, such as architects, consultants, academics and, most importantly, municipal officials. Also, be sure to take a look at our current adaptive reuse and opportunity zone nomination form and submit your project! Deadline is fast approaching June 7th.

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ARLINGTON, VA—EJF Capital, Donatelli Development and Blue Skye Development are developing a $95 million mixed-use residential project in the local Opportunity Zone in the Hill East neighborhood. The 262-unit project, which also has 13,000 square feet of retail, is currently under construction and will deliver in August 2020.