DC (Development) News Round Up: August 1

Summer might mean recess for Congress, camp for kid and weekends at the beach, but in DC, development and construction push on, summer or not. Here’s the latest on several new projects and updates on hotly anticipated developments.

H Street Whole Foods: Progress marches on at the Apollo on H Street. The apartment portion of the development is set to begin leasing this month with the first tenants expected in November. Whole Foods may open as early as November, but for now the team is playing it safe with a 2017 estimated opening.

Metro’s Building May be the Only Part of It Reliably Moving: Metro is moving forward with plans to sell its downtown office building and move to another, undetermined location, the Washington Business Journal reports. The agency estimates its downtown location could fetch anywhere between  between $56 and $132 million, depending on how they are able to re-zone the land.

Whoa! New City Doubles Down: The proposal for “New City” in Ivy City by Douglas Development, now includes more than 400 apartments, according to Urban Turf. The development plans call for more than half a million square feet of retail, 156 hotel rooms and 440 units of residential on a 15-acres site at New York and Montana Avenues. No joke.

Pressing Pause in Old Town: The team behind the Robinson Terminal North development in Old Town Alexandria announced that they are putting the project on hold and may go back to the drawing board. The project, which called for residential, hotel and retail, did not meet with success in the market, so the entire mix is now in question, the Washington Business Journal reports.

2016-10-18T19:04:15+00:00August 1st, 2016|