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Three Teams Left To Bid On Walter Reed Site

  • June 24th 2013

by Shilpi Paul

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Three Teams Left To Bid On Walter Reed Site: Figure 1
Walter Reed Army Medical Center

Three teams are now in the running to mastermind the redevelopment of the Walter Reed site, Washington Business Journal reported on Monday.

Two teams — Western Development and Walter Reed Associates, made up of The Wilkes Co., Capstone Development and Quadrangle Development — dropped out recently, leaving behind Roadside, Forest City Washington and Hines Interests LP/Urban Atlantic Joint Venture.

The extensive plans for the property include 3.1 million square feet of development, including 90 townhomes, 1,864 multifamily units and more than 100 homes for homeless veterans.

It has long been rumored that Wegman’s may be coming to the site; in recent months, it has been announced that Wegman’s is working with bidder Roadside and seems serious about the proposal.

The three short-listed developers are to respond to the city’s Request For Proposals by July 12th.

See other articles related to: walter reed

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/three_teams_left_to_bid_on_walter_reed_site/7241.

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