Mayor Fenty, Norton and District Leaders Kick-Off New NoMa BID
“The creation of the NoMA Business Improvement District is a significant step forward for this exciting neighborhood,” Norton said. “I have been a strong supporter of NoMA from the beginning working to fund a new metro station at New York Avenue and helping to bring ATF and EEOC to this up-and-coming neighborhood. The NoMA BID will further accelerate the transformation of the area.”
NoMA BID President Elizabeth Price noted that 4 million square feet of new development representing over $1 billion in private sector investment is expected to break ground in NoMA by first quarter 2008, including four office projects, 1,500 apartments, two hotels and 150,000 square feet of retail. This summer, she continued, employees will start moving into the new Bureau of Alcohol, Tobacco, Firearms and Explosives headquarters and leasing will continue in the BID’s two recently completed office buildings, the fully renovated One NoMA Station and brand-new Capitol Plaza. The Federal Equal Employment Opportunity Commission signed NoMA’s largest new lease last week and will relocate 700 employees to One NoMA Station in 2008.
The BID was approved by the D.C. Council in March, 2007. It is bounded generally by Massachusetts Avenue on the south, North Capitol Street on the west, and Q and R Streets on the north; it also extends eastward just beyond the CSX/Metrorail tracks. For more information, see the BID Website at nomabid.wpengine.com.