Capitol Riverfront

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Take a look at D.C.'s fastest growing neighborhood.

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FEBRUARY 19, 2016

COVER STORY
BUILDING BLOCKS

Showplace
Icon Theatre

WORK, SHOP
AND PLAY ON
THE RIVER

Sports Field
ield

VE
EY A

8TH ST

HALF ST

JERS

Canal Park

695
6
95
5
NEW

10TH ST

M ST

SOUTH CAPITOL
OL ST

The Capitol Riverfront
is the fastest-growing
neighborhood in D.C.,
and here are just some of
the projects in the works
as the neighborhood
aims to become a great
entertainment destination
on the waterfront.

West Half
Street

N ST

Nats Park
O ST

Yards Park

Diamond
Teague Park

Frederick
Douglass
Bridge

h
at

Bo

Navy Yard

RIVERWALK TRAIL

United
Stadium
Site

ow

eR

s
ou

11th Street
Bridge

East Half
Street

800 New
Jersey
Ave. SE

One M St. SE

1 CAPITAL CITY SITE

D.C. Water HQ

Capital City Real Estate recently
acquired this half-acre waterfront
parcel for the construction of up to 107
condominiums and some retail. It is the
first major residential project slated for
Buzzard Point in decades.

ICON
10 SHOWPLACE
THEATRE

SOUTH
2 1244
CAPITOL ST. SE

Work will be underway this year on the
long awaited, 16-screen Showplace
Icon theater, an integral part of Forest
City Washington’s The Yards. The
70,000-square-foot premium multiplex,
located on D.C.-owned property
currently home to D.C. Water sewage
trucks, will deliver in 2018.

JBG has started site work on this striking
mixed-use development immediately
west of Nats Park. It will include 293
apartments and 26,000 square feet of
retail across two stories. The site was
formerly owned by Monument Realty,
which divested most of its Capitol
Riverfront property over the course of
the last two years.

11 PARCEL O

3 10 VAN ST. SE

Monument has held onto a couple
of properties, including this one. 10 Van,
a 163-unit residential (likely condos)
building, will feature two brick towers
that anchor a west-facing courtyard
and multilevel units reminiscent of
townhomes.

4

ONE M ST. SE

One M is the companion to
Monument’s 10 Van and will be the
future headquarters of the National
Association of Broadcasters. The
130,000-square-foot, 10-story office
building is expected to deliver in the fall
of 2018.

5 WEST HALF STREET

JBG plans 225 condo units and 200
apartments on the site as a companion
to its 290-unit 1244 S. Capitol St. JBG is
still in the process of seeking approvals

a 35,000-square-foot Whole Foods
Market, the retailer’s entry into Capitol
Riverfront. The project is one of three,
totaling 1,100 units, from WC Smith that
will deliver in the same general area.

for the project, which, when combined
with 1244 S. Capitol, will have between
85,000 square feet and 90,000 square
feet of retail space.

6 EAST HALF STREET

St. SE in March 2015 on this mixeduse project, slated to include 325
apartments, a 170-room Residence Inn
by Marriott extended-stay hotel and
about 25,000 square feet of retail space.

Jair Lynch Real Estate Partners, now
in control of this long-vacant parcel, has
an approved plan to develop it with 430
residential units and 60,000 square feet
of retail, and possibly a hotel. The first
phase — 350 apartments and 36,000
square feet of retail along Half Street —
is expected to deliver in 2018. Jair Lynch
acquired the site from Monument for
$34 million in the fall of 2014.

8 99 M ST. SE

7 F1RST

9 800 NEW JERSEY AVE. SE

Grosvenor Americas and McCaffery
Interests started site work at 1277 First

Skanska USA Commercial
Development Inc. broke ground
speculatively on this 234,000-squarefoot office-and-retail building, which
is slated for completion in late 2017.
Metropolitan Hospitality Group has
signed a lease to open a 5,000-squarefoot Circa on the ground floor of the
11-story building.

The Agora from WC Smith will
include 336 luxury apartments and

Forest City Washington and PN
Hoffman will launch the simultaneous
redevelopment of this 60,931-squarefoot lot at The Yards. On the northern
third of the parcel, PN Hoffman
will develop an 11-story, 142-unit
condominium building with street-level
retail. On the southern two-thirds will
be a two-tower, 190-unit apartment
building with ground-floor retail from
Forest City.

12 D.C. WATER HQ

D.C. Water is expected to start
work in 2016 on its $60 million,
167,000-square-foot headquarters
building on this 2.75-acre riverfront
site. The secure facility will be the most
sustainable in the utility’s portfolio,
featuring a glass and aluminum curtain
wall, rainwater collecting cistern and
wastewater recovery system. It will
house 350 employees, all of whom
will be relocated from the existing
headquarters at Blue Plains.

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