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WASHINGTON, DC-Fundrise, a crowdfunding platform aimed at the local commercial real estate community, is launching another project to be funded. MRP Realty, along with partner Ellis Development Group, is using the platform to entice residents of the Shaw community to participate in a redevelopment project in their submarket.

Namely, they are seeking to raise funds for The Griffith, located at 965 Florida Ave, NW. It is a mixed-use development consisting of approximately 370,000 square feet, including 40,000 square feet of ground floor retail and residential units above. The project gets its name from the Griffith Stadium, which was located between Georgia Avenue and 5th Street between the years of 1911 and 1965.

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