Magic Johnson in Petworth

Park Place Canyon-Johnson Visit 007, originally uploaded by Prince of Petworth.

Thanks to the many, many folks who sent me the Washington Business Journal article about Magic Johnson investing in Petworth. These are the condos going up above the Petworth metro. Above is a photo of Magic at the groundbreaking of the Park Place condos from 2007.

The article says: “The project, to be called Park Place, will include 161 residential units, both condominiums and rental apartments, 16,000 square feet of retail and an underground parking garage. The developers say 20 percent of the units will be dedicated as affordable units. The one and two bedroom apartments will average 860 square feet.”

Interesting that it says “both condominium and rental apartments”. Had anyone else heard about that? Anyway, great to have Magic Johnson involved with Petworth!

4 Comment

  • Magic Johnson has done a lot of development in Prince Georges County. All of his projects have a high quality feel to them. I think this condo building will be a “slam dunk”. Get it? He used to play basketball. Nobody? Nevermind.

  • Fast break Lakers… Thanks for investing in us, Magic.

  • Maybe I’m dense, but what is the “new” part of this “news” story? Is it just that Johnson is investing in the property? The story sounds like it could be a year old with phrases such as “will be built.” I think it’s great that Johnson will be involved; I’m just a bit unsure what that involvement is.

  • Magic has invested in DC before as well. the starbucks on GA avenue in Wonder Plaza is his. There are other investments as well, I believe.

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