Jair Lynch Partners with DC on $35M Housing Project

The Fenty Administration began demolition of the site Monday, with the goal of turning the vacant and used buildings into a mixed-use project that will consist of new housing and a health clinic. Specifically, the 30,000-square-foot structure will accommodate approximately 130 units of new housing on the second floor, of which 119 will be dedicated to low-income families. The property will also include house the Mary's Center for Maternal and Child Care on the ground floor.

Jair Lynch and AHD bid for the rehab. The Office of the Deputy Mayor for Planning and Economic Development and the Department of Housing and Community Development kicked in about $5 million in gap financing. The Mayor's office did not return a call to GlobeSt.com in time for publication.

This particular parcel on Georgia is the latest to receive attention from the District government and, by extension, development community. Other projects underway or recently completed include the $28-million Residences at Georgia Avenue--a 72-unit affordable housing project that will include an organic grocery store.

Another is Donatelli Development and Mosaic Urban Partners' bid they won last summer to develop three abandoned properties near Petworth into a housing-retail mixed-use development. Donatelli Development and Blue Skye Development are also co-developing with the city the $108 million, mixed-use project at the Minnesota Avenue Metrorail Station.

The final selection is pending of three firms that responded to the District's solicitation for a development partner to rebuild the Park Morton public housing complex--a $170 million project. The District wants to redevelop the Georgia Avenue structure into 477 new units of both affordable and market-rate housing, along with 46 off-site homes and a 10,000-square-foot park. The responding bidders were Park Morton Partners, which includes Pennrose Properties, FM Atlantic and Harrison Adaoha; and Park Morton Partners--same name, different team--consisting of the Neighborhood Development Co. and the Community Builders; as well as Park View Partners, comprised of Landex Corp., Warrenton Group and Spectrum Management.