What is Neighborhood Development?
Founded in 1999 by Adrian Washington, Neighborhood Development Company (NDC) specializes in the development and operation of real estate within the Washington D.C. metropolitan area. The company's core strategy revolves around the revitalization of urban neighborhoods, with a commitment to creating vibrant residential and commercial spaces. NDC employs a methodical development approach, prioritizing community engagement and integrating sustainable design principles. With a seasoned development team boasting over 70 years of combined experience, NDC has a proven track record of delivering over 1.1 million square feet of commercial and residential developments and participating in over 2.0 million square feet of mixed-use projects. The company currently maintains ownership of over a quarter million square feet and has a development pipeline exceeding 500,000 square feet.
How much funding has Neighborhood Development raised?
Neighborhood Development has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Neighborhood Development
PPP
Public-Private Partnership
What's next for Neighborhood Development?
The recent strategic investment of $350K positions Neighborhood Development Company for significant expansion and continued impact in the Washington D.C. real estate landscape. As a company operating in a large-scale, late-stage funding environment, NDC is poised to leverage this capital for further development projects, potentially acquiring new sites, and enhancing its existing portfolio. The focus on urban revitalization and community integration suggests that future initiatives will likely continue to align with NDC's mission of creating value while respecting the cultural fabric of the neighborhoods it serves. This strategic backing will enable NDC to navigate complex market dynamics and solidify its role as a key player in urban renewal.
See full Neighborhood Development company page
