See this tweet exchange, which includes an image of one of Fundrise's first investment projects:
> @LeDroitParkDC & #BloomingdaleDC peeps: See this @WBJKatie article (behind a firewall -- sorry) -- the architectural rendering looks like it might be at 4th & Oakdale Place NW (but I could be wrong) https://t.co/ZVs8S013L7— Scott Roberts (@ScottRobertsDC) August 22, 2018
The image would appear to be an architectural rendering of a building at 4th and Oakdale Place NW. Who wudda thunk?Yes, Fundrise plans to renovate the LeDroit property into apartments and retail!— Katie Arcieri (@WBJKatie) August 22, 2018
Note that this location is outside of the LeDroit Park historic district, so there would be no review by the HPO/HPRB.
Aug 22, 2018, 3:14pm EDT Updated: Aug 22, 2018, 3:23pm EDTKatie Arcieri, Staff Reporter
Washington Business Journal
Fundrise, a D.C.-based real estate investor and one of the nation's fastest-growing companies, has launched a $500 million fund designed to inject capital and new development into lower-income communities.
One of Fundrise's first investments is an opportunity zone property on Fourth Street NW in LeDroit Park, where it plans to restore a historic building and transform it into a modern apartment complex with retail. Miller said the fund plans to buy up more property in areas such as Eckington and Buzzard Point.