Monday, September 8, 2008

Douglas Development amasses properties for downtown project.




The overhang would turn into an unalloyed burgh block into 800,000 square feet of duty space, 400,000 open feet of retail, 500 residential units, a boutique hostelry and an production attraction such as a venue or a chic talkie theater, said company ranking Douglas Jemal. The site, for which Jemal has been assembling property since 2000, is between Sixth, Seventh L and K streets, an section that currently features come up parking lots and mostly two- and three-story buildings that company auto maintenance outlets, the latest A.V. Ristorante Italiano and the. Though the scheme would be laden with shopping and entertainment, the borough will require housing as behalf of its push to bring more residents downtown.



Jemal said he isn't active about the desideratum but that the housing market does not have him in a rush. This article is for Paid Print Subscribers ONLY. If you are already a Washington Business Journal subscriber suit conceive or set one's hand to into your bizjournals.com consequence to element your valid print commitment and have access to the complete article.

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