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15 Things You Need to Know This Morning

15 Things You Need to Know This Morning
Rhode Island Avenue's Big New Project

EagleBank provided financing to Mid-City Financial Corporation, on behalf of MCF Brentwood Village SC, LLC, to buy Brentwood Village Shopping Center at 1301 Rhode Island Ave., NE. The acquisition is part of Mid-City’s plan to develop a new mixed-use project, along with its Brookland Manor Apartments, a 535-unit complex behind the shopping center. The 2M SF project will be branded as “RIA DC” and include 181k SF of ground floor retail on Rhode Island Ave, 1,760 residential units, 1,590 parking spaces, a 55k SF grocery store and other neighborhood retail. There’s also room for an acre of community green space and a half-acre pedestrian plaza, along with a new, highly-connective street grid that includes four new streets. 

15 OTHER THINGS YOU NEED TO KNOW THIS MORNING

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