What's Hot: The 5 Developments on the Boards For Buzzard Point | IKEA Opening Small Format, Delivery-Only Location in Pentagon City
Fundrise Wants Florida Avenue Parcel, Soliciting Interest From Investors

The Griffith.
Fundrise has their eyes on an in-demand Florida Avenue parcel and is calling out to potential investors to help make their case to purchase it.
965 Florida Avenue is a sought-after piece of DC-owned property; after seeking proposals, the city zeroed in on two potential development groups and are comparing plans now. One team consists of MRP Realty and Ellis Development Group, who have chosen to work with Fundrise to facilitate community investment in a project dubbed The Griffith. The other team includes The JBG Cos., and we recently published details of their plan, which includes 200 micro-units.
The property is now live on Fundrise’s website, and the Rise folks are calling out to potential investors to make their interest known. Like their previous “testing the waters” cases, the agreement is not binding, but Fundrise hopes that the interest expressed in dollar signs will add weight to their proposal. “Help us win the right to purchase 965 Florida Avenue NW by demonstrating demand for public investment in publicly-owned properties,” says the website. The offering size is $300,000, a small fraction of the total investment that the developers would be putting into the site.
The Griffith would be a 370,000-square-foot mixed-use project with an “indoor farmers market” on the ground floor and several stories of residential units above. Investors can buy shares at $100 a piece.
Similar Posts:
- Fundrise Launches Second Investment Opportunity on H Street
- Fundrise ‘Tests the Waters’ Before Moving Forward With Shaw Project
See other articles related to: 965 florida avenue, fundrise, shaw
This article originally published at https://dc.urbanturf.com/articles/blog/fundrise_wants_florida_avenue_parcel_soliciting_interest_from_investors/7078.
Most Popular... This Week • Last 30 Days • Ever

The Townhomes at Michigan Park and Riggs Park Place are now selling their final homes... read »

The 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »

The largest development on the boards for the H Street Corridor is planned for a fami... read »

The new development keeps humming along in DC's Buzzard Point.... read »

It is early in the year, but there are already a number of areas around DC where home... read »
- New, Move-In Ready Townhomes at EYA’s Northeast DC Neighborhoods
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- 200-Unit Apartment Project Planned For Autozone Site Along the H Street Corridor
- The Stacks, Brooklyn Bowling and a Vermeer: The 5 Developments on the Boards for Buzzard Point
- DC's 14 Million-Dollar Neighborhoods in 2023
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro