Joint Venture Breaks Ground on $600 Million Northeast Heights Redevelopment in Washington, D.C.
A joint venture between Cedar Realty Trust (NYSE: CDR), Asland Capital Partners and the Goldman Sachs Urban Investment Group has broken ground on the first phase of Northeast Heights. The $600 million mixed-use office and retail development is located in the Minnesota and Benning submarket of Washington D.C.’s Ward 7 neighborhood. The property is located at 3924 Minnesota Ave.