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    Joint Development Project

    Dr. Martin Luther King Jr. Plaza Metrorail Station

    Station Location: NW 62nd Street at NW 27th Avenue

    Project: Dr. Martin Luther King Jr. Plaza Office Building

    5-story, 172,000 sq. ft. office building housing County agencies, including 13,500 sq. ft. of ground floor retail
    Demolition of portion of parking structure and renovation of entire garage
    Covered walkway linking building with station

    Developer: BAC Funding Inc.

    How Initiated: Unsolicited bid from the Business Assistance Center, a not-for-profit agency; three agreements with BAC approved by the Board of County Commissioners in July 1999.

    Status: Groundbreaking occurred in March 2001.  Office building opened and garage reopened, August 2004.

    Financial: BAC leases land for project development.  County agencies lease office space from BAC.  County has option to purchase office building at a later date.

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