The District of Columbia received three responses to its solicitation for a development partner for a $170 million, 500-unit public housing complex on Georgia Avenue, the deputy mayor for planning and economic development said last week.
“Park Morton has the potential to be the single most transformative project in our work to revitalize Georgia Avenue,” Neil Albert said in a release.
Sean Madigan, spokesman for Albert, said that it was too early in the process to say whether bonds would be used to finance the project.
The responses came from Park Morton Partners, which includes Pennrose Properties LLC, FM Atlantic LLC, and Harrison Adaoha LLC; Park Morton Partners (unaffiliated with the other team), including Neighborhood Development Co. and Community Builders Inc.; and Park View Partners, including Landex Corp., Warrenton Group, and Spectrum Management.
The solicitation called for a development partner to build 477 new units of housing and provide 46 off-site units and a 10,000-square-foot park.
Later this spring, the deputy mayor’s office will schedule a public meeting where the bidders will present their proposals to the community.
The Park Morton project is one of the district’s four “New Communities,” a program that aims to rebuild some of the city’s most troubled public housing complexes into new mixed-use, mixed-income neighborhoods.