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The National Capital Revitalization Corporation (NCRC) is a publicly chartered corporation charged with spurring the revitalization of underserved and emerging neighborhoods in the District of Columbia through strategic business partnerships and real estate development that attracts and retains businesses, enhances job creation, provides community amenities, and empowers citizens.
The RLA Revitalization Corporation (RLARC) is a subsidiary of NCRC charged with the management and disposition of a portfolio of more than 80 parcels of real property located in the District of Columbia.
Together with its affiliates, NCRC is helping to attract up to $1 billion in private sector investment to District neighborhoods. This investment includes the development of more than 3.4 million sq. ft. of retail and office space, 1,400 new homes and 7,000 jobs.
| Development Project | Estimated Value | | Waterfront | $650,000,000 | | City Vista | $177,000,000 | | DC USA | $140,000,000 | | Broadcast Center One | $128,000,000 | | Skyland Shopping Center | $125,000,000 | | Republic Square Phase I | $110,000,000 | | Highland Park | $70,000,000 | | Washington Gateway | $67,000,000 | | Kenyon Square | $60,000,000 | | Republic Square Phase II | $58,600,000 | | Town Center Redevelopment | $47,000,000 | | City Vista | $44,000,000 | | Georgia Commons | $30,000,000 | | Parcel 42 | $28,000,000 | | The Solea | $22,700,000 | | Anacostia Gateway | $22,000,000 | | The Heights of Columbia | $22,000,000 | | Tivoli Square(commercial) | $20,000,000 | | Tivoli Square(residential) | $17,000,000 | | 4427 Hayes Street | $5,200,000 | | Dance Institute of Washington | $4,400,000 |
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