EJF Capital, Donatelli Development and Blue Skye Development today has plans to develop a 262-unit mixed-use, mixed-income, multifamily community in the Hill East neighborhood of Southeast Washington, D.C.
Hill East is a 67-acre master planned development in an area certified as an opportunity zone under the Tax Cuts and Jobs Act of 2017.
The approximately $95 million project is under construction and is expected to be completed in August 2020. Eagle Bank is providing $59.5 million of construction financing.
Located adjacent to the Stadium-Armory Metro station at the corner of 19th Street and Massachusetts Avenue S.E., the project is only 1.6 miles east of the U.S. Capitol and offers easy access to major employment areas throughout Capitol Hill and downtown Wa
