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Committee hears request to extend disposition authority for St. Elizabeths East Parcel 13 as developer transition proceeds
Summary
DMPED and a successor developer asked the Committee on Business and Economic Development for a multi‑year extension to retain the district's authority to dispose of Parcel 13 at St. Elizabeths East while a new developer finalizes a revised term sheet and addresses complex site conditions.
The Committee on Business and Economic Development on April 30 considered legislation to extend the mayor's authority to dispose of Parcel 13 at the St. Elizabeths East campus in Congress Heights while a new developer finalizes plans and pursues financing.
Bill Benitez (identified in the hearing as the founder and CEO of Dante's Partners) testified that Dante's Partners assumed development rights for Parcel 13 after Neighborhood Development Company (NDC) encountered financial headwinds. Benitez said that preliminary review shows the original plan for roughly 421 units would be difficult to finance in today's market and that Dante's Partners proposes dividing the site into two components, one serving seniors and…
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