25 Potomac Avenue, SE Rendering courtesy MRP Realty
From a press release:
“MRP Residential, a division of MRP Realty (MRP) and Florida Rock Properties, Inc., a full service development company, announced that it has closed on $82 million of construction financing for its Capitol Riverfront mixed-use project on the banks of the Anacostia River.
The construction loan for Phase One of a four phase development, was provided by First Niagara Bank in the amount of $65 million, includes an additional $17 million in preferred equity financing through a joint venture with EB5 Capital. Phillips Capital Realty structured both transactions with MRP and First Niagara Bank.
“This development will not only provide Washington, D.C. with an exciting iconic development but it will also provide the general public, its residents, tenants and patrons a unique and exciting open space and a destination dining environment where people can enjoy the riverfront and where retailers can thrive,” said Frederick Rothmeijer, principal of MRP Realty.
“This site is one of a few sites in the city that is highly accessible to the public with mixed-use open space located directly on the waterfront. We are thrilled to begin construction on the first phase with MRP Realty,” said David deVilliers, president of Florida Rock Properties.
The 305-unit, 281,050 square foot high-rise multifamily project will include 19,000 square feet of ground level retail space, 40,000 SF of public realm open space, rooftop lounge, a public plaza, a boardwalk with bike and pedestrian trails, dramatic river views throughout, media hub and art gallery.“
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Potomac Harmony is Back! Following a gap year of competing, then virtual rehearsals during the pandemic, followed by the well-earned retirement of our long-term director, a year of a director search, Potomac Harmony hit the regional contest stage in Concord, North Carolina in March for the first time since 2018! It was exhilarating, reaffirming, and rewarding!
The chorus hit all of its goals, the biggest of which was to have fun and sing our best on contest stage — we did both! Because we earned a score over 400 points, our new Director, Allison Lynskey, was awarded the Novice Director award, photo above. Additionally, one of our charter members, Jackie Bottash, was nominated for and honored with the Leadership Excellence award. It was a celebratory weekend!
What’s next? So much! We now look forward to upcoming performances, growing our membership, and expanding our musical product with new arrangements and an education component each week. It’s an exciting time to be part of this ever-growing ensemble!
St Mary Armenian Church Annual Spring Food Festival
Come hungry and leave happy! Experience culture, community, and cuisine all in one place. See you at the festival!!!!
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