Chevy Chase, MD, January 18, 2017 — Federal Capital Partners® (FCP) has entered into a joint venture with Level 2 Development, LLC and Clark Enterprises, Inc. to develop The Highline, a $100 million apartment community at 320 Florida Avenue, NE in Washington, DC. The community will be comprised of 318 luxury apartment homes including four penthouse units and approximately 10,000 square feet of first floor retail space.
“The Highline is an exciting opportunity in one of the most vibrant and exciting submarkets of Washington, DC,” said Wade Casstevens, FCP Senior Vice President. “We are particularly pleased to be developing this extraordinary project with Level 2
Development and Clark Enterprises, both strong local companies who have done an exceptional job of designing and planning The Highline over the last few years.” Level 2 and FCP recently completed Takoma Central, comprised of 150 premium apartment units above Busboys & Poets and next to the Takoma Metro Station in Takoma, Washington, DC.