loading...

Hines, Urban Atlantic To Redevelop Walter Reed

  • November 5th 2013

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Hines, Urban Atlantic To Redevelop Walter Reed: Figure 1
Walter Reed Army Medical Center

The team led by Hines and Urban Atlantic has been chosen by the city to redevelop Walter Reed Medical Center.

The winning team will act as master planner of the massive redevelopment project, which will include 3.1 million square feet of development, with housing, retail, and office space.

Hines, Urban Atlantic To Redevelop Walter Reed: Figure 2
Rendering of the Hines-Urban Atlantic plan.

The Hines-led proposal — “The Parks at Walter Reed” — includes 90 townhouses and duplexes, 502 condos and 1,287 rental apartments, along with a full-service senior center with 182 homes, called The Benjamin O. Davis Senior Village. Approximately 50 percent of the senior center homes will be held as affordable, and around 20 percent of the total housing units will be affordable as well.

The focus of their office sector will be a commerce and science center near the center of the site with M.I.T. and George Washington University as likely tenants. Other aspects of the plan include a Hyatt hotel and conference center, and an arts complex.

Hines, Urban Atlantic To Redevelop Walter Reed: Figure 3
Rendering of the Hines-Urban Atlantic plan.

Back in July when the competing teams presented their plans to the public, Hines-Urban Atlantic also spoke towards activating the site as soon as possible, by both turning over buildings that have already been allotted to specific users, like charter schools and So Others Might Eat (S.O.M.E.), and facilitating activities like a farmer’s market or outdoor movie area.

Much talk has been made of the possibility of a Wegman’s coming to the site, and NBC’s Scott MacFarlane reported Tuesday that the winning team will negotiate to bring the grocer to the site.

The Hines-led proposal was awarded the redevelopment over the competing bids from Roadside Development and Forest City Washington. The actual re-development of the site could be a ways down the road, as the city must wait on the approval of the plan from HUD and then acquire the land from the U.S. Army.

See other articles related to: hines, walter reed

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/hines_urban_atlantic_chose_to_redevelop_walter_reed/7784.

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!