White House Putting City Market at O Street on the Fast Track
Whoa, the White House cares about D.C., you guys. Of the 14 projects nationwide that "will be expedited through permitting and environmental review processes," the District's own City Market at O Street (former home to a crumbling Giant supermarket) will be one. Quoth the White House:
Located in Washington, DC, City Market at “O” Street is a mixed-use property consisting of 400 market-rate residential units, 16,000 square feet of retail space and a 57,000 square foot supermarket with financing under the Federal Housing Administration (FHA) Section 220 insured mortgage program. In conjunction with this project and others, FHA has embarked on an effort to streamline the approval process for loans, including review of related federal permits and is working with the Advisory Council on Historic Preservation to expedite the National Historic Trust approval, subject to Section 106 of the National Historic Preservation Act.
The only other Housing and Urban Development project getting star treatment is a housing project in Colorado. Mostly, the Obama administration is fast-tracking transportation and agriculture developments.
Photo by dbking via Flickr/Creative Commons Attribution Generic 2.0 License