Work has begun on the 66-acre The Parks at Walter Reed mixed-use development in Washington, D.C. The project is being constructed at the site of the former Walter Reed Army Medical Center and, when completed, will total over 3.1 million sf of new construction and adaptive reuse.
The site was freed up for the project in 2005 when the U.S. Army vacated the base as a result of the Base Realignment and Closure Act and moved to the former National Naval Medical Center in Bethesda, Md.
Over the next 10 to 15 years, The Parks at Walter Reed will undergo multiple phases of construction resulting in the creation of the following:
- Over 2,100 units of rental and for-sale housing, 431 of which will be designated as affordable;
- 230,000-250,000 sf of grocery-anchored retail;
- 185,000 sf of office space;
- A 200-key hotel and conference center;
- 30,000 sf of arts and cultural uses;
- 116,000 sf of ambulatory medical care provided by Howard University Hospital;
- Two language immersion charter schools (one middle-high school and one elementary school);
- Almost 20 acres of open space, parks, and plazas.
The District of Columbia selected Hines, Urban Atlantic, and Triden Development Group as master planner with Weingarten Realty Trust and Toll Brothers also on the development team as component developers.
Initial infrastructure work and the demolition of an existing 2.6 million-sf hospital will begin in 2017.
Related Stories
MFPRO+ News | Apr 18, 2024
Marquette Companies forms alliance with Orion Residential Advisors
Marquette Companies, a national leader in multifamily development, investment, and management, announces its strategic alliance with Deerfield, Ill.-based Orion Residential Advisors, an integrated multifamily investment and operating firm active in multiple markets nationwide.
MFPRO+ New Projects | Apr 16, 2024
Marvel-designed Gowanus Green will offer 955 affordable rental units in Brooklyn
The community consists of approximately 955 units of 100% affordable housing, 28,000 sf of neighborhood service retail and community space, a site for a new public school, and a new 1.5-acre public park.
Mixed-Use | Apr 13, 2024
Former industrial marina gets adaptive reuse treatment
At its core, adaptive reuse is an active reimagining of the built environment in ways that serve the communities who use it. Successful adaptive reuse uncovers the latent potential in a place and uses it to meet people’s present needs.
Multifamily Housing | Apr 12, 2024
Habitat starts leasing Cassidy on Canal, a new luxury rental high-rise in Chicago
New 33-story Class A rental tower, designed by SCB, will offer 343 rental units.
Mixed-Use | Apr 9, 2024
A surging master-planned community in Utah gets its own entertainment district
Since its construction began two decades ago, Daybreak, the 4,100-acre master-planned community in South Jordan, Utah, has been a catalyst and model for regional growth. The latest addition is a 200-acre mixed-use entertainment district that will serve as a walkable and bikeable neighborhood within the community, anchored by a minor-league baseball park and a cinema/entertainment complex.
MFPRO+ New Projects | Apr 8, 2024
Construction complete on The Station Apartments in Minneapolis
Big-D Midwest recently completed construction on The Station Apartments at Malcolm Yards, an innovative and unique housing property in Minneapolis.
Mixed-Use | Apr 4, 2024
Sustainable mixed-use districts: Crafting urban communities
As a part of the revitalization of a Seattle neighborhood, Graphite Design Group designed a sustainable mixed-use community that exemplifies resource conversation, transportation synergies, and long-term flexibility.
Multifamily Housing | Mar 18, 2024
YWCA building in Boston’s Back Bay converted into 210 affordable rental apartments
Renovation of YWCA at 140 Clarendon Street will serve 111 previously unhoused families and individuals.
Sustainability | Mar 13, 2024
Trends to watch shaping the future of ESG
Gensler’s Climate Action & Sustainability Services Leaders Anthony Brower, Juliette Morgan, and Kirsten Ritchie discuss trends shaping the future of environmental, social, and governance (ESG).
MFPRO+ Special Reports | Feb 22, 2024
Crystal Lagoons: A deep dive into real estate's most extreme guest amenity
These year-round, manmade, crystal clear blue lagoons offer a groundbreaking technology with immense potential to redefine the concept of water amenities. However, navigating regulatory challenges and ensuring long-term sustainability are crucial to success with Crystal Lagoons.