What's Hot: 702,000: DC Sees Population Rise Again In 2024
Development Team Selected for 4.3 Million Square Feet at Old Soldiers' Home
✉️ Want to forward this article? Click here.
Nearly 18 months ago, the General Services Administration (GSA) released a request for proposals (RFP) to kick off another attempt to redevelop part of the 272-acre Armed Forces Retirement Home (AFRH) campus off North Capitol Street.
Now, a future for the 80-acre portion of the nation's first veterans' retirement home is beginning to take shape.
GSA announced on Friday the provisional selection of Madison Marquette and Urban Atlantic to helm a roughly 4.3 million square foot mixed-use redevelopment northwest of Irving and North Capitol Streets NW (map). The development team will enter into a master ground lease for the project.
Overall, the project will include residential and retail; spaces for the arts, sports and wellness; and nearly 20 acres of publicly-accessible green and recreational space. Several of the buildings on site will be retrofit for other use; the campus is its own historic district, but it is not zoned.
While exact details of the future redevelopment remain unclear, the RFP suggested over 2.2 million square feet of residences (15 percent affordable); over 1.19 million square feet of office; 290,650 square feet of medical; 214,086 square feet of retail; 214,000 square feet of assisted living; 126,391 square feet of hotel space; 5,155 parking spaces; and a restored golf course.
Potential redevelopment of the AFRH has been teased throughout the years, as the financial sustainability of the campus has come under question.
“The selection of the Madison/Urban team marks a significant step towards raising funds necessary to sustain the Home’s trust fund and improve the physical infrastructure on our Washington, DC, campus,” James M. Branham, the Chief Operating Officer of AFRH, said in a statement.
Although there is the matter of whether the redevelopment will be able to circumvent the city's regulatory processes, the statement implies there will be review by the National Capital Planning Commission and DC’s Office of Planning and State Historic Preservation Office.
While Urban Atlantic is also busy co-leading redevelopment of the 66-acre Walter Reed campus three miles away, AFRH is also a stone's throw from the McMillan Sand Filtration site and another potential mixed use redevelopment at Michigan and Irving Streets NW, both of which have experienced several hiccups over the years.
See other articles related to: armed forces retirement home, gsa, madison-marquette, old soldiers' home, urban atlantic
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/development-team-selected-for-43-million-square-feet-at-old-soldiers-home/16097.
Most Popular... This Week • Last 30 Days • Ever
The federal government could be shut down by the end of today, and that shutdown coul... read »
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier... read »
Right on the heels of a $29 million home along Foxhall Road going under contract to T... read »
New data shows that DC continues to make up for population losses experienced during ... read »
Built almost a century ago, the five-bedroom estate will hit the market in Chevy Chas... read »
- How a Government Shutdown Could Affect Home Loans
- At $25 Million, This Is The Most Expensive Home Ever Sold In DC
- The Trump Effect Continues: $10 Million Georgetown Condo Goes Under Contract
- 702,000: DC Sees Population Rise Again In 2024
- The Most Expensive Home In Chevy Chase Will Hit The Market For Just South Of $10 Million
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