LCOR Chosen for Tenley Project
The District has chosen LCOR to develop the 3.6 acre Tenley Library/Janney Elementary School development site. Mayor Adrian M. Fenty made the announcement at a news conference this morning.
"We've got a real opportunity to leverage this site to help pay for the cost of improving Janney Elementary, enhance the existing open space and add both market-rate and workforce housing - all atop a Metro station," Fenty said in a statement. "LCOR is a highly capable developer. They know how to make public-private partnerships work."
LCOR has proposed building between 120 and 130 units of housing, much of it above the planned new library. The rest of the housing would be on land between the library and Janney Elementary.
The city has pledged that the project will not mean a loss of green space for the school, a concern of some residents in the area. The city also said some of the housing will be set aside as affordable housing.
July 10, 2008; 3:33 PM ET
Categories: Economic Development , Education , Mayor Fenty
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