Tishman Speyer has secured $150 million in construction financing from RBC Capital Markets, as well as the necessary permits, to proceed with its redevelopment of an outdated Washington, D.C., retail mall, where it plans to join the national trend of adding housing to shopping malls by building 320 apartments.
Tishman Speyer Gets $150 Million Loan To Redevelop Outdated DC Mall
Developer To Join Trend of Adding Apartments to Shopping Centers by Building 320 Apartments
By Linda Moss
CoStar News
June 15, 2023 | 9:54 P.M.
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IN THIS ARTICLE
- Properties
- Mazza Gallerie
5300 Wisconsin Ave, Washington, DC
- Commons West @ Fairfax Corner
11920 Grand Commons Ave, Fairfax, VA
- Companies
- Tishman Speyer
Real Estate
- RBC Capital Markets
Finance and Insurance