The Morris & Gwendolyn Cafritz Foundation has landed two new retailers for its major Fort Totten mixed-use project, and the shape of its second phase is changing.
The Buccini/Pollin Group has completed the $105.1 million project capitalization for the 13-story, 235-room Washington Marriott Capitol Hill / NoMa hotel in Washington D.C.
The D.C. area’s wealth and stability have allowed its malls to weather the coronavirus pandemic better than many of their national counterparts. But several malls in the area have already been foreclosed on, and more pain is on the way, proving there is no safe harbor from this storm.
The Morris and Gwendolyn Cafritz Foundation has signed both Love and Care Development Center and Rocketship Public School to leases at Art Place, a mixed-use development project in Washington, D.C.’s Fort Totten neighborhood.