LinkLinksOpinion Michael Neibauer in Washington Business Journal: Viewpoint: The lesson in the Fifth and Eye debacle By Editor On Apr 2, 2019 Last updated Apr 2, 2019 43 Share In May 2014, the administration of then-Mayor Vincent Gray selected a team led by the Peebles Corp. to develop the D.C.-owned lot at Fifth and Eye streets NW. Peebles was chosen in part, the announcement declared, because it bid the highest amount for the land — we later learned $28 million for half an acre, $10 million more than its appraised, as-is value — and promised the largest number of affordable units. DevelopmentLawsuitsPeebles Corp. 43 Share FacebookTwitterReddItWhatsAppEmailPrint
Comments are closed.