After putting out a request for proposals (RFP) to develop the site, the Office of the Deputy Mayor for Planning and Economic Development (DMPED) spent the fall considering the options, all of which contained residential and retail aspects. As the RFP had requested community-serving features, proposals included public space, local business incubators, an art gallery and a police substation. (Check our previous article for the details.)
The winning proposal.
As stated in a press release from Fundrise, they believe that the community investment model helped their proposal stand out.
Our readers seem to have the same taste as DMPED: in a poll comparing the six choices, the Fundrise and H Street CDC option also came out on top.