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WASHINGTON, DC-Clark Realty and the District are parting ways on the $2.5-billion redevelopment of the 110-acre Poplar Point–a project Clark was chosen for almost a year to the day–because they could not reach an agreement on how to proceed with the redevelopment.

The city and Clark have formally ended their relationship; however Neil Albert, deputy mayor for planning and economic development, insists the project is still on track. A call to the mayor’s office was not returned in time for publication.

Right now the city is making sure it fulfills the necessary requirements as the land transfers from the federal government to the District. There is also an environmental impact study underway, which could affect what the final development plan will look like. “This process is on track and we expect it to conclude on time without delaying the project,” Albert says in a prepared statement, referring to the environmental study.

This Spring the city plans to release a number of potential development scenarios. It also plans to issue a solicitation for vertical development partners for the site in the near future. Generally speaking, the development 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.

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