Raze Application Foreshadows Fannie Mae Redevelopment

  • August 16th 2018

by Nena Perry-Brown

✉️ Want to forward this article? Click here.

Raze Application Foreshadows Fannie Mae Redevelopment: Figure 1
New rendering of the Fannie Mae redevelopment. Click to enlarge.

A raze application has been filed for the parking garage at 3900 Wisconsin Avenue NW (map) in perhaps the first concrete step paving the way for the Fannie Mae campus redevelopment. Concept plans for a nine-building mixed-use redevelopment across the ten-acre site have been approved by the Office of Planning and the Historic Preservation Review Board.

The Shalom Baranes designed-campus will deliver up to 700 residential units, a Wegmans grocery store, a movie theater, offices, retail, hotel and cultural space, and up to 1,400 below-grade parking space.

Raze Application Foreshadows Fannie Mae Redevelopment: Figure 2
Fannie Mae campus existing site plan; garage is structure at top. Click to enlarge.

The 123,000 square-foot, 458-space parking garage that will be razed is on the west end of the campus. An addition made to the back of the Equitable Life building will also be razed as part of the redevelopment, although the current application is only for the garage.

Approval of the razing would keep the development team, led by Roadside Development and Sekisui House, on schedule to break ground in the fourth quarter of this year, putting eventual completion in the third quarter of 2022. Fannie Mae is expected to finish moving from the campus to a downtown headquarters by November.

See other articles related to: fannie mae, fannie mae redevelopment, raze application

This article originally published at https://dc.urbanturf.com/articles/blog/a-raze-application-foreshadows-fannie-mae-campus-redevelopment/14326.

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!