Finally, some assurances that development along RIA is moving forward. Check out this excerpt from the Washington Business Journal article:
The District plans to finalize financing for Rhode Island Station, a transit-oriented mixed-use development near the Rhode Island Avenue Metro station, with A&R Development Corp. and Urban Atlantic, Deputy Mayor for Planning and Economic Development Valerie Santos told a D.C. Council committee Tuesday.
According to the article, developers are proposing 274 apartments, 70,000 square feet of retail and three parking garages next to the metro station by 2012.
Let’s hope that this momentum is carried further down RIA, so that we can get all of this completed soon!