DCUSA will be the largest retail development
in the District of Columbia, and the first urban location
for Target Corporation, reflecting a major strategy shift
by the nation's large-scale retailers. A host of political,
business and civic leaders attended DCUSA's official Groundbreaking
Ceremony on May 5th (Read
the May 3 Press Release).
The 500,000 square foot center is expected to produce 1,000
jobs and $12 million per year in taxes for the District of
Columbia. The $149.5 million, 500,000 square foot pedestrian
oriented complex with 1,000 car below-grade parking facility
will occupy a 5-acre site at 14th and Irving Streets NW in
Columbia Heights, approximately 2.5 miles north of the White
House |
| |
DC USA is being developed jointly by Grid
Properties Inc and Gotham
Organization Inc in conjunction with Joseph
Searles III and the Development
Corporation of Columbia Heights (DCCH).
The land was acquired by the developers from RLA Revitalization
Corporation (RLARC),
a subsidiary of National
Capital Revitalization Corporation (NCRC). |
Phone
202-483-4986