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A Division of Cultivate Ventures
Mixed-Use Development
Sector:
Washington, DC 20020
Location:
December 2021
Investment Date:
2420 MLK Avenue
PROJECT HIGHLIGHT
INVESTMENT SNAPSHOT
Future AUM:
~$17 M
An adaptative reuse qualified opportunity zone investment to develop a 47-unit mixed use one- and two-bedroom condominium with small retail and parking components. Located in the Anacostia/Berry Farms neighborhood near the Anacostia metro redevelopment area, the development targets professionals seeking city access. The units will be available in late-2024, benefiting from the area's redevelopment and neighboring projects. Project led by CVGS and Perry Construction as the general contractor.
Project Status:
Live
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