Tuesday, March 05, 2019

WBJ post - AFRH cancels plans for assisted living at historic Grant Building, but does not impact AFRH's pending RFP to develop 80-acres

Click on the link to read the entire Washington Business Journal:

Armed Forces Retirement Home spikes assisted living project


Daniel J. Sernovitz, Staff Reporter
Washington Business Journal

The Armed Forces Retirement Home has canceled plans to let a private developer convert the historic Grant Building on its Northwest D.C. campus into an assisted living facility, an initiative launched to generate additional revenue for the self-funded, executive branch agency.
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The decision to cancel the LOI does not impact the AFRH's pending request for proposals to developers to redevelop an 80-acre portion of its 272-acre campus by North Capitol and Irving streets NW. That process that has been delayed due to the federal shutdown but is expected to advance to the selection stage later this spring.
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