YMCA of Metropolitan Washington has sold its Dupont Circle facility to a developer and will close on Dec. 31, the nonprofit announced today.
YMCA’s board of directors sold the building at 1711 Rhode Island Avenue NW to real estate developer Akridge, said YMCA spokeswoman Jackie Dilworth. The building has housed a YMCA facility for 37 years.
According to the press release, the sale is part of the nonprofit’s effort to “serve more region-wide residents and provide more volunteer and employment opportunities, thus increasing its impact in the region.”
Additionally, the nonprofit said proceeds from the sale will help fund the revitalization of other YMCA facilities in the District and help reinvest in family-facing programs, pay off debt and possibly help fund the opening of a new YMCA somewhere in the city.
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