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Paxton Update 09/02/22

Foulger-Pratt Acquires Benning Road Development Site for $18M

Foulger-Pratt has closed on the development site at 1603 Benning Road for $18,530,073. Plans for the site call for a multifamily building to include for 148 affordable units along with 5,300 sf of amenity space. The project provides an opportunity to extend the rapid development of the H Street Corridor eastward along Benning Road. The location provides immediate access to the retail shops on H Street as well as the recently completed streetcar providing access to Metro via Union Station.

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