Part of the District's $10-billion-plus Anacostia Waterfront Initiative, Poplar Point is a 110-acre-stretch along the Anacostia River in Ward 8. An environmental impact study is still under way and until it is complete details of the plan cannot be finalized. But Clark's redevelopment of the area is likely to include hundreds of units of housing, new retail, hotels and office space--as well as a 70-acre waterfront park. Other requirements made by the District for the project include a 51% employment rate for District residents when developing the project, a portion of the housing must be affordable and 35% of the contracting dollars awarded to small and local certified businesses.
Poplar Point is currently controlled by the federal government, but will be transferred to the District within the next two years now that Congress has authorized the change in ownership. When complete it will be the jewel of the Anacostia Waterfront Initiative, which calls for new parks, trails, housing, retail, office space, cultural amenities and environmental restoration to be built along river during the next 20 years.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
