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June 1, 2009

Forest City in the News

GlobeSt.com, $42 Million Forest City Project Breaks Ground

WASHINGTON, DC-Ground was broken yesterday on a piece of one of the District’s largest development projects – a waterfront park overlooking the Anacostia River. The 5.4-acre development is being built for $42 million in a public private partnership with Forest City Washington. It is part of the District’s plan to transform 42 acres of the former Southeast Federal Center site into an urban waterfront destination.

AP (via Forbes.com), DC mayor breaks ground on waterfront park

Mayor Adrian Fenty has broken ground for a waterfront park to be located between Nationals Park and the historic Navy Yard on the Anacostia River.

The Park at the Yards is part of Washington's largest development project. Fenty broke ground for the $42 million park Thursday, along with officials from private developer Forest City Washington and the General Services Administration.

Washington Business Journal, Forest City breaks ground on D.C. park

The Yards is the only public-private partnership in the country being built on federal land, which was made available by Congress in 2000. Altogether, Forest City and its partner, MacFarlane Partners, plan 2,800 residential units, 1.8 million square feet of offices and as much as 400,000 square feet of retail.

Dallas Observer Blogs, Forest City's "Not Ready" For Mercantile Continental to Become Landmark. Or Apartments Either. Not Just Yet.

Forest City is dragging its heels in hopes that two of its historic properties in Dallas are not encumbered by protective landmark status.

Posted by lumi at June 1, 2009 5:03 AM