News from Jair Lynch tonight that they've purchased 501 H NE (current HSCDC HQ) for new mixed-use building.
— Tony T Goodman (@TonyTGoodman) September 14, 2012
Back in March Housing Complex discussed possible plans by the H Street CDC to expand its squat one story headquarters to a much grander five story 29,440 sqft structure with affordable housing (rendering accompanies the article).
3 comments:
What plot just thickened? Not being snarky -- I just don't understand. Is there a backstory here to which this applies?
i think Inked was just making a joke. jair lynch owns an even bigger chuck of h street now now. so in turn, the plot thickens, and he is an even bigger swagger jacker than he was before.
Yeah, that was just my way of saying things were getting more interesting. We've introduced a new character to the redevelopment story of 501 H Street. This change in ownership could speed up development of that parcel, and it absolutely gives Jair Lynch a bigger share on H Street generally(increasing the developer's sway there as well).
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