Lowe, in partnership with FLGA and Davenport Group, has secured a 99-year ground lease from Howard University for an approximately 1.85-acre property in Washington D.C.’s Shaw neighborhood where it plans to construct an approximately 525,000-square-foot, ten-story building that will include up to 500 residential units, approximately 27,000 square feet of retail space and 246 below-grade parking spaces. The partnership is undertaking the development in collaboration with USAA Real Estate.