Mixed-Use Property Planned Near Nationals Ballpark
Washington, D.C.—Grosvenor Americas and Skanska USA Commercial Development have unveiled plans for a 650,000-square-foot mixed-use project directly north of the new Washington Nationals ballpark in the Capitol Riverfront district of Washington, D.C. The property will include two multifamily residential buildings, one of which will include affordable units.
The residential component of the property will have a total of 285 units, 23 of which will be affordable. The two structures, to be developed by Grosvenor America, will be separated by a courtyard and connected by a trellised glass bridge. Plans call for a green roof as well as a rooftop pool, spa and garden terrace, as well as 180 below-grade parking spaces.
The rest of the development will include a 224,000-square-foot office building, to be developed by Skanska, with direct access to the Metro station, and meeting LEED platinum certification criteria. Grosvenor America will develop a 170-room hotel directly south of the office building, and 43,000 square feet of retail space will be on the ground level of the office, hotel and residential buildings, as well as in a separate two-level structure.
Earlier in October, the D.C. Zoning Commission supported the companies’ plans, with minor modifications, for the mixed-use development, in conformance with the District’s Capitol Gateway Overlay District. In September, the project received support from Advisory Neighborhood Commission 6D.
Grosvenor is a privately owned property group with offices in 18 cities worldwide. It has a portfolio of about 1.6 million square feet of office, retail, and hotel space in metro Washington, and is currently developing other projects in the area, such as a mixed-use building with 125 apartments in the Logan Circle neighborhood, which is being built in partnership with the JBG Cos. Skanska USA is the U.S. arm of the Swedish construction and development giant Skanska.Tags: Mergers and Joint Ventures, mixed-use, New Development