The District of Columbia Council approves an amended term sheet for the disposition of certain parcels in the Hill East Phase II development.
The District of Columbia Council has approved an amended term sheet for the disposition of certain parcels in the Hill East Phase II development. The amended term sheet reflects changes to the business terms of the transaction between the District and R13 Community Partners LLC. The parcels involved include Parcels C, E, H, and the Streets Parcel. Parcel C will be developed with multifamily residential buildings, mixed-use buildings, and a hotel. Parcel E will be developed as a public park after the District constructs it.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.