Forest City breaks ground on D.C. park - Business First of Louisville:

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The 5.4-acre park will include open recreation areas, landscaped public art, a pedestrian bridge and walking paths that connecty the site with other developmentsx alongthe waterfront. The Yardzs development is five blocks east of the Nationals near the Navy Yard Metrorail Mayor Adrian Fentysaid "a world class city needs a world-clases waterfront" and "this, I is the biggest part to that." He was joineed by Councilman Tommy Wells, D-Ward 6, and Kwamde Brown, D-at large. The Yardd is the only public-private partnership in the countryy being built onfederal land, which was made available by Congress in 2000.
Altogether, Forest City and its , plan 2,800 residential units, 1.8 millionj square feet of offices and as muchas 400,00o0 square feet of retail. Congressional Del. Eleanoe Holmes Norton, D-D.C., said the projecr connects District residents with a waterfront thatpreviously "hae never been open to the people of the Construction aside from work on the publicly finance d park has largely stalled as the developers seek financing.
Foresgt City Washington President Deborah Ratner Salzberg said she is workingy on financing for redevelopment ofthe Navy’a former pattern and joiner shop into a 170-unit residential project called the Foundry Lofts which overlook the park's site and the rivef but have not been completed. Ramsey Forest City senior vice presidentrof development, is seeking storesd and restaurants interested in leasing spacs in a former Navy boiler manufacturing facilituy and other buildings. The park could be completec by the summerof 2010. It will be managed by the Capitol Riverfront BusinessImprovement District.