What's Hot: Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
430 Apartments, Research Center in the Works Beside Georgia Avenue McDonald's Site
✉️ Want to forward this article? Click here.
Howard University is adding another of its properties to the development pipeline.
The university announced plans this week to build a 260,000 square-foot mixed-use laboratory/office/residential project at the surface parking lots by the McDonald's at Georgia Avenue and Bryant Street NW (map).
Capstone Development, Quadrangle Development Corporation and EDENS would helm the project, which will deliver a National Research Center for Health Disparities intended to house a biomedical research or pharmaceutical tenant that is focused on chronic illnesses and their impact on people of color.
story continues below
loading...story continues above
The development will also include 430 apartments that will be marketed to the general public as well as grad students, faculty, and researchers; there will also be 40,000 square feet of ground-floor retail and two plazas. The university will retain ownership of the site via a ground lease.
“With significant Georgia Avenue frontage reimagined as an activated pedestrian friendly street with opportunities for community engagement, outdoor dining and open spaces, this project will occupy a prominent place within Howard’s Southwest Campus development initiative and integrally connect the main campus to the amenities and public spaces emerging within this burgeoning community,” Howard University Real Estate Executive Anthony Freeman said in a statement.
The project is expected to break ground in 2023.
Similar Posts:
- Raze Application Makes Way for 90 Apartments Near Howard University
- Howard University Seeks Developer for Georgia Avenue’s Wonder Plaza
- Howard University Students Study Potential Futures for Divinity School Site
- On-Campus and Off-Campus: The Howard University Rundown
See other articles related to: capstone development, edens, georgia avenue, howard university, quadrangle development
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/430-apartments-and-a-biomedical-research-center-in-the-works-for-georgia-av/18573.
Most Popular... This Week • Last 30 Days • Ever
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
Washingtonian is reporting that the national bookstore chain will open its doors the ... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro