The District of Columbia Master Development Agreement (MMA) is a contractual agreement between the District of Columbia government and a private entity, outlining the terms and conditions for the development and revitalization of certain areas within the district. The agreement aims to foster economic growth, enhance infrastructure, and improve the overall quality of life for residents. The MMA typically identifies a specific geographic area, known as the development site, where the proposed redevelopment projects will take place. It often includes detailed provisions regarding land use, zoning regulations, construction plans, and the allocation of financial resources. These agreements are entered into with the goal of attracting private investment, creating jobs, and promoting sustainable development. In the context of the District of Columbia, there are various types of Master Development Agreements that have been implemented to address the unique requirements of different areas. Some notable types include: 1. St. Elizabeth's East Campus MMA: This agreement pertains to the revitalization of the former St. Elizabeth's Hospital campus, located in Southeast D.C. It aims to transform the site into a vibrant mixed-use community, focusing on creating affordable housing, job opportunities, and community amenities while preserving the historic structures. 2. Southwest Waterfront MMA: This agreement focuses on the redevelopment of the Southwest Waterfront area, which encompasses The Wharf, a mile-long stretch along the Potomac River. It aims to revitalize the waterfront, enhancing public spaces, introducing retail and entertainment venues, and promoting a mix of residential and commercial properties. 3. Walter Reed Adaptive Reuse MMA: This specific agreement outlines the redevelopment plans for the former Walter Reed Army Medical Center site. It aims to transform the area into a mixed-use campus, featuring housing, office space, retail establishments, healthcare facilities, and recreational areas. These examples demonstrate the diverse applications of the District of Columbia Master Development Agreement, each catering to the unique needs and opportunities of different neighborhoods within the city. Through these agreements, the District government collaborates with private entities to drive economic growth, infrastructure development, and community improvement initiatives, making the District of Columbia an attractive place for business, investment, and urban renewal.
District of Columbia Master Development Agreement
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How to fill out District Of Columbia Master Development Agreement?
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