Howard University is adding another of its properties to the development pipeline.
The university announced plans this week to build a 260,000 square-foot mixed-use laboratory/office/residential project at the surface parking lots by the McDonald's at Georgia Avenue and Bryant Street NW (map).
Capstone Development, Quadrangle Development Corporation and EDENS would helm the project, which will deliver a National Research Center for Health Disparities intended to house a biomedical research or pharmaceutical tenant that is focused on chronic illnesses and their impact on people of color.
The development will also include 430 apartments that will be marketed to the general public as well as grad students, faculty, and researchers; there will also be 40,000 square feet of ground-floor retail and two plazas. The university will retain ownership of the site via a ground lease.
“With significant Georgia Avenue frontage reimagined as an activated pedestrian friendly street with opportunities for community engagement, outdoor dining and open spaces, this project will occupy a prominent place within Howard’s Southwest Campus development initiative and integrally connect the main campus to the amenities and public spaces emerging within this burgeoning community,” Howard University Real Estate Executive Anthony Freeman said in a statement.
The project is expected to break ground in 2023.
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- Howard University Seeks Developer for Georgia Avenue’s Wonder Plaza
- Howard University Students Study Potential Futures for Divinity School Site
- On-Campus and Off-Campus: The Howard University Rundown
This article originally published at http://dc.urbanturf.com/articles/blog/430-apartments-and-a-biomedical-research-center-in-the-works-for-georgia-av/18573
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