On the doorstep of the Takoma Park Metro Stop (Red Line), a new, exciting project broke ground on Thursday, November 18, 2021. With remarks by Drew Hubbard, the Interim Director of the D.C. Department of Housing and Community Development, Geoff Bromaghim, SMD- ANC 4B07, Adrian Washington, CEO & Founder of Neighborhood Development Company. This groundbreaking event for The Arbor at Takoma Park is the latest in a long line of successes for the Neighborhood Development Company.
In keeping with its 3 P’s approach to development (People, Planet, Profit), NDC will be contributing to the vibrant Takoma Park community with this 4-story, mixed-use project that includes 36 condominiums and more than 9,000 square feet of Class A commercial space. With a focus on sustainability, The Arbor construction will utilize the latest technology to deliver an environmentally friendly building. The project follows a well-tested approach that has resulted in excellent financial outcomes for investors.
NDC will proceed using the Platform Method™, which addresses construction inefficiencies and delivers finished projects on a faster timeline, at less expense, and with superior results. This revolutionary new system integrates the many moving parts of a major project like The Arbor, capitalizing on the expertise of NDC and its partners to simplify and streamline production.
In keeping with its commitment to raise up existing communities by offering opportunities for its members to reside and thrive in a central, accessible location, NDC partnered with private investors as well as Congressional Bank and Capital Impact Partners to include Affordable Dwelling Units (ADUs) as part of The Arbor. The number exceeds the minimum Inclusionary Zoning housing requirement, and will contribute to Mayor Muriel Bowser’s 2025 housing goals of 36,000 new housing units, including 12,000 ADUs.
According to NDC CEO & Founder, Adrian Washington, “This groundbreaking is emblematic of the industry’s determination to rise above pandemic-driven setbacks and move ahead with projects that maximize construction efficiencies and help answer crisis-level housing needs in the nation’s capital.” The Arbor groundbreaking is the first step towards the completion of a vision for a wonderful contribution to Takoma Park.