Dive Brief:
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A mixed-use project led by Akridge, Western Development and Orr Partners is planned for Washington, DC’s Buzzard Point on the site of the former U.S. Coast Guard headquarters, according to Curbed Washington DC.
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The full-block building is slated to include 485 residential units as well as 70,441 square feet of retail space. Amenities include a rooftop deck with a pool and terraces, below-grade garage parking, as well as possible co-location with a grocery store and pharmacy.
- The building will be located near D.C. United’s new $300 million Audi Field, currently under construction, and will offer views of the stadium from its top floors. Developers are set to work with city officials to bring the building out of the 100-year floodplain.
Dive Insight:
The proposed scheme joins several new or planned projects for the southwest quadrant of Washington, DC, located north of the Anacostia River.
In January, The Murillo Malnati Group unveiled plans for a mixed-use project that includes a 75-unit apartment block and retail space, while Douglas Development lodged proposals last March for a mixed-use redevelopment that will provide 462 apartments and 24,032 square feet of retail space. It will also feature an infinity pool and rooftop deck.
Other areas of Washington are also seeing a boom in activity as developers attempt to redevelop existing neighborhoods with mixed-use schemes that provide housing as well as retail and other amenities.
In February, developers lodged plans for a $650 million residential, retail and office project in the suburb of Rockville, MD, while Hoffman-Madison announced the second phase of its $2 billion mixed-use project in the District.
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