Anacostia station

Felice Development Group Acquires 2.9 Acres & Moves Forward With 900-Unit, Mixed-Use Project on Capital Riverfront With Financing From EagleBank

Retrieved on: 
Wednesday, June 16, 2021

WASHINGTON, June 16, 2021 (GLOBE NEWSWIRE) -- Felice Development Group (FDG) and Fields-Grade Development partnered to acquire 2.9 acres of land on the Anacostia Riverfront after securing PUD approval.

Key Points: 
  • WASHINGTON, June 16, 2021 (GLOBE NEWSWIRE) -- Felice Development Group (FDG) and Fields-Grade Development partnered to acquire 2.9 acres of land on the Anacostia Riverfront after securing PUD approval.
  • The 1333 M Street development, along with the https://bbardc.org/the-park/ , will create another dynamic destination in the Capitol Riverfront.
  • EagleBank provided acquisition financing to fund a significant portion of the projects purchase price.
  • Felice Development Group LLC (FDG) is leading the project in partnership with Fields-Grade Development.

Lux Speed, an Anacostia Ventures Investment, Secures a $50 Million Corporate Credit Facility with CSC Leasing

Retrieved on: 
Monday, June 7, 2021

PALM BEACH, Fla., June 7, 2021 /PRNewswire/ -- Lux Speed, a Florida-based fiber and managed Wi-Fi provider announces a credit line of fifty million dollars with CSC Leasing.

Key Points: 
  • PALM BEACH, Fla., June 7, 2021 /PRNewswire/ -- Lux Speed, a Florida-based fiber and managed Wi-Fi provider announces a credit line of fifty million dollars with CSC Leasing.
  • Anacostia Ventures lead the discussions and ultimately secured the line for Lux Speed.
  • "CSC is a premier capital partner and a perfect fit for Lux Speed's advanced offering" said Steve Canton, Senior Partner at Anacostia Ventures.
  • "We have a fifteen-year relationship with the leadership team at Lux Speed and Anacostia Ventures" said John Corey, CEO at CSC Leasing.

Lux Speed, the leader in fiber and managed Wi-Fi to the multi-family space, Partners with Anacostia Ventures to Fast-Track Growth

Retrieved on: 
Thursday, June 3, 2021

Lux Speed Partners with Anacostia Ventures to Fast-Track Growth.

Key Points: 
  • Lux Speed Partners with Anacostia Ventures to Fast-Track Growth.
  • Lux Speed is quickly asserting itself as a dominate provider, now with the support of over 5,500 national partners.
  • "We are excited about the investment in Lux Speed", said Steve Canton, Senior Partner and Founder at Anacostia Ventures.
  • "Lux Speed is a leader in the fast-growing and rapidly evolving managed fiber and managed Wi-Fi space.

AvSight Announces Partnership with Anacostia Ventures

Retrieved on: 
Tuesday, May 18, 2021

b'BOONE, N.C., May 18, 2021 /PRNewswire/ --AvSight, aviation\'s most innovative software platform, is pleased to announce their partnership with Anacostia Ventures, Florida\'s premier private equity firm.

Key Points: 
  • b'BOONE, N.C., May 18, 2021 /PRNewswire/ --AvSight, aviation\'s most innovative software platform, is pleased to announce their partnership with Anacostia Ventures, Florida\'s premier private equity firm.
  • Anacostia Ventures has provided a significant cash investment that will allow AvSight to continue expanding their worldwide market share, as well as developing new features and integrations.\n"It was important to us to work with a company based in Florida."
  • "It\'s rare you see a company with a product as solid as AvSight that is so focused on continuing to become even better.
  • says Bertamini.\nMore information on AvSight and Anacostia Ventures can be found on the respective websites, avsight.net and anacostiavc.com\n'

DCHFA Finances First Development of 2021 in Anacostia

Retrieved on: 
Thursday, January 28, 2021

The construction of 2442 MLK will add 112 new apartments priced at 30 to 50 percent of area median income to Ward 8s Anacostia neighborhood.

Key Points: 
  • The construction of 2442 MLK will add 112 new apartments priced at 30 to 50 percent of area median income to Ward 8s Anacostia neighborhood.
  • The funding for the 2442 MLK project will facilitate a strong start in 2021 for DCHFA.
  • We are excited to have contributed to this transformational project, stated Christopher E. Donald, Acting Executive Director, DCHFA.
  • Mid-Atlantic Realty Partners and Taylor Adams Associates are the developers of the $52.6million community located only 500 feet from the Anacostia Metro Station.

The Menkiti Group Welcomes Capital One Café To MLK Gateway

Retrieved on: 
Thursday, August 13, 2020

The project is anchored by Enlightened Inc., an award-winning information technology and cybersecurity firm that will relocate its new headquarters to MLK Gateway.

Key Points: 
  • The project is anchored by Enlightened Inc., an award-winning information technology and cybersecurity firm that will relocate its new headquarters to MLK Gateway.
  • "Our vision for MLK Gateway has always been to create a community-oriented project that drives neighborhood impact," said Bo Menkiti, founder and chief executive officer, The Menkiti Group.
  • "The opportunity to have Capital One Caf join us as a tenant at MLK Gateway further delivers on our mission to enhance historic Anacostia with neighborhood offerings that support community engagement and economic vitality."
  • Capital One Caf will occupy approximately 3,700 square feet at MLK Gateway, bringing reimagined design and banking services to the space.

EB5 Capital’s 1900 Half Street Project Begins Leasing in Washington, DC

Retrieved on: 
Tuesday, August 11, 2020

WASHINGTON, Aug. 11, 2020 (GLOBE NEWSWIRE) -- EB5 Capital joins Douglas Development Corporation and PTM Partners in celebrating the launch of leasing at 1900 Half Street, one of the first multifamily developments in Washington, DCs Buzzard Point neighborhood.

Key Points: 
  • WASHINGTON, Aug. 11, 2020 (GLOBE NEWSWIRE) -- EB5 Capital joins Douglas Development Corporation and PTM Partners in celebrating the launch of leasing at 1900 Half Street, one of the first multifamily developments in Washington, DCs Buzzard Point neighborhood.
  • 1900 Half Street is located directly on the riverfront, which provides rare panoramic views of the Potomac and Anacostia Rivers.
  • More than one-third of our EB-5 raise came from India, said Anubhuti Dhand, EB5 Capitals Investor Relations Manager.
  • 1900 Half Street is a few blocks away from Dock79, another multifamily project financed by EB5 Capital in 2014.

In D.C., Diabetes is Twice the National Average East of the River

Retrieved on: 
Wednesday, June 19, 2019

WASHINGTON, June 18, 2019 /PRNewswire/ --Statistics for type 2 diabetes in Washington, D.C., neighborhoods East of the Anacostia River (Wards 7 and 8) are quite alarming.

Key Points: 
  • WASHINGTON, June 18, 2019 /PRNewswire/ --Statistics for type 2 diabetes in Washington, D.C., neighborhoods East of the Anacostia River (Wards 7 and 8) are quite alarming.
  • D.C. Health suggests that 13.4 percent of residents living in Wards 7; and 19.7 percent of residents in Ward 8 have diabetes (highest in the city).
  • Comparatively, only 3.6 percent of residents living in Ward 2 have diabetes; and 4.2 percent of residents in Ward 3 (lowest in the city).
  • In fact, African American D.C. residents have some of the highest mortality rates (twice the national average)from type 2 diabetes and its complications.

Tetra Tech Wins $25 Million Anacostia River Sediment Contract

Retrieved on: 
Tuesday, May 28, 2019

Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the District of Columbia (DC) Department of Energy and Environment (DOEE) awarded the Company a $25 million contract for technical support services for assessment and remediation of contaminated sediments in the tidal portion of the Anacostia River, a heavily urbanized river flowing through the nations capital.

Key Points: 
  • Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the District of Columbia (DC) Department of Energy and Environment (DOEE) awarded the Company a $25 million contract for technical support services for assessment and remediation of contaminated sediments in the tidal portion of the Anacostia River, a heavily urbanized river flowing through the nations capital.
  • Under this five-year contract, Tetra Tech will further define areas of sediment contamination in the Anacostia River and begin design of the remedy using predictive modeling, field sampling, and data analytics.
  • Tetra Tech has provided outstanding technical support to the DOEE for the past six years, said Dan Batrack, Tetra Tech Chairman and CEO.
  • For more information about Tetra Tech, please visit tetratech.com , follow us on Twitter ( @TetraTech ), or like us on Facebook .

A Big Hit: Washington, DC Knocks It Out of the Park All Summer Long

Retrieved on: 
Tuesday, May 22, 2018

Destination DC (DDC), the official destination marketing office for the nation's capital, is primed to help travelers with vacation itineraries.

Key Points: 
  • Destination DC (DDC), the official destination marketing office for the nation's capital, is primed to help travelers with vacation itineraries.
  • Watch "The Arts District" videos that map DC neighborhoods through the experiences of five creative Washingtonians.
  • On Facebook , Twitter and Instagram , DDC shares real time inspiration from visitors and local experts through #MyDCcool.
  • "DC is embracing both its waterfronts: Paddleboard on the Anacostia River, hop a water taxi to Georgetown for lunch and retail therapy.