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WASHINGTON, DC-Jefferson Apartment Group and Perseus Realty have finalized the purchase of a site at the corner of 14th and W streets in Washington, DC from CapMark. The duo plan to construct a $75-million, 231-unit, seven-story mixed-use building that will also have 12,200 square feet of retail space on the first floor and underground parking. Additionally, the project will include the redevelopment of the historic Anthony Bowen YMCA building into a 44,000-square-foot fitness, wellness and child care facility. 

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