JV BREAKS GROUND ON TAYLOR STREET REDEVELOPMENT IN D.C.

WASHINGTON, D.C. — A joint venture between Federal Capital Partners and Self Storage Zone has broken ground on the redevelopment of 645 Taylor St. N.E. in Washington, D.C., formerly the Capital Area Food Bank. The property will be converted into a three-story, 78,600-square-foot self-storage facility. The fully climate-controlled property will include 1,034 units in the city's Brookland submarket, one block from Catholic University. The facility is scheduled for completion in the first quarter of 2014.