[00:00:00] A whole new neighborhood is being created here at Hill East. It's the largest undeveloped parcel in the district. This is a blank canvas. We can create an oasis on this side of the river. We get to help a neighborhood to grow, to get more energetic. We gonna make sure that the whole Washington, DC is incorporated.
[00:00:23] It's the right thing for the city. It's the right thing to do. And really, it's just getting started.
[00:00:36] Donatelli Development has had a long history in partnering and working with the district government, and we also have great partners. We work with Blue Sky Development, GTM Architects, McCullough Construction. As a company, we've really focused on transit-oriented development. We have a great working relationship and a lot of experience working together, implementing what are very complex projects above metro stations in the city.
[00:00:59] I [00:01:00] think the key to our success as a team is how soon we come on board. Chris usually calls us about 12 to 18 months before he's ready to break ground. We work with all the consultants from schematic drawings through design development, up through the construction drawings. Blue Sky and Scotty, they have, uh, a lot of experience working with the leadership of the city and are really adept at getting us a lot of local workers to implement our projects.
[00:01:27] I look to make sure that we have small local minority businesses involved in all the projects that we do. Development in DC is a multi-billion dollar game, so if we can continue to spend millions of dollars employing individuals and putting them dollars back into our community, we have done a significant job.
[00:01:44] We have learned to give them the best product that we can do with the budget that we have. We want our buildings to be built, and we know to do that we need to collaborate with the general contractor and with the developer. Over the past 21 years, we've [00:02:00] completed every project we've started, and when we work with people like Donatelli and GTM, it's a slam dunk in terms of what we can accomplish.
[00:02:09] Hill East is a 68 acre parcel called Reservation 13. It's the largest undeveloped parcel in Washington, DC. The projects here were a long time coming. We worked very closely with the neighborhood groups in implementing this, these first two buildings here. So in this building, Park Kennedy, the neighborhood has been overwhelmed when they walk into this building and see what we've done with a plot of land that was just sitting here for 20 or thir- 30 some odd years.
[00:02:34] Park Kennedy is the jewel of 7F. You have a builder that's saying that I wanna build something for all Washingtonians, so the influent and the less influent can live harmoniously together. The Park Kennedy has 262 units, and it has a lot of amenity spaces, from the atrium to roof lounges, to game rooms, and a [00:03:00] wonderful looking courtyard.
[00:03:01] In the past, when you build affordable buildings, it was just a straight up and down building. Now they have the outdoor space, they have the gyms, they have entertainment in the building. This building is LEED Silver. This building has a green roof, the mechanical system is very efficient, and our envelope is very tight.
[00:03:20] All of that helps us to create a LEED building. The Ethel, which is just across the street, is 100 permanent support housing units. What The Ethel does is not only is it providing with the number one thing that people need in DC, which is housing, but in addition to housing, we're talking about vocational training, we're talking about mental health support.
[00:03:46] Game changing There's a general excitement to having new development in a historic neighborhood that is underserved in retail space, in restaurants, uh, grocery stores. All these things are much needed in the neighborhood and [00:04:00] they're things that we plan on delivering for the neighborhood. So the neighborhood will see three or four or five more buildings going up.
[00:04:06] It gives us the opportunity to tie them together with streetscapes and have them really communicate when you're on the street. To be again partnered up with Donatelli Development and to build these other five parcels is really wonderful because we get to help a neighborhood to grow, to get more energetic.
[00:04:28] A whole new neighborhood is being created here at Hill East, and really it's just getting started. We look forward to developing additional award-winning buildings and providing great returns to our investor partners, while at the same time delivering great product to the community