What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
440 Residential Units Now Planned For Ivy City's New City
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Douglas Development is shepherding much of the renaissance transforming Ivy City from a semi-industrialized neighborhood with a smattering of residences into a densely-developed corridor. The 15-acre triangular site at the intersection of New York and Montana Avenues and Bladensburg Road NE (map) will be one of the largest and most pivotal developments in this neighborhood — and plans have evolved to more than double the amount of housing planned for the site.
Originally, 550,000 square feet of retail, 108 hotel rooms, 200 apartments and 2,800 parking spaces were planned at the project being dubbed New CityDC. Those plans have now been expanded to 156 hotel rooms, 422 apartments and 18 townhouses fronting Montana Avenue and Bladensburg Road, per marketing materials.
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The 550,000 square feet of retail would include two anchor tenants occupying 130,000 and 100,000 square feet apiece at a building on New York Avenue. There will be over 2,400 parking spaces over three levels atop that retail.
The remaining retail and restaurant space will be spread across six retail buildings surrounding a pedestrian plaza. The hotel will be a four-story building behind a bank fronting New York Avenue. Over 400 additional parking spaces will be spread across two partially below-grade levels in the retail building at the southernmost tip of the site.
Portions of the nine-building development, designed by Antunovich Associates, could deliver by the third quarter of 2018.
See other articles related to: antunovich associates, douglas development, ivy city, ivy city dc, newcity dc
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/more_housing_headed_for_newcity_dc/11517.
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