Gilbane JV Lands Financing for DC Redevelopment, second phase of a larger development, the affordable project will encompass more than 200 units

A partnership of Gilbane Development Co., MED Developers, Equity Plus Manager LLC and Housing Help Plus has financially closed on the second phase of the Barnaby & 7th’s redevelopment in Washington, D.C.—set to comprise 229 mixed-income units. The project is expected to break ground in February.

Phase two will comprise four buildings. Soto Architecture provided design services, while Bozzuto Construction will serve as the general contractor for two of the structures. The duo is expected to debut in March 2026, according to Soto.

Gilbane Development Company
Alastair Jenkin | SVP, Mulitfamily

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