Home | Newsletter | Advertise
loading...

A New Residential Development is in the Works for Friendship Heights

  • January 6th 2021

by Nena Perry-Brown

5500 Wisconsin Avenue

It looks like the Maryland side of Friendship Heights has more development in the works than the DC side.

Carr Companies and The Donohoe Companies have announced their purchase of 5500 and 5520 Wisconsin Avenue (map) in preparation for a mixed-use redevelopment of those sites. The property consists of 44,700 square feet of retail, which will be redeveloped as residential-over-retail, and a Courtyard by Marriott hotel, which will get a refresh and will be operated and managed by Donohoe Hospitality. 

“5500 Wisconsin offers the ability to create a truly outstanding mixed-use center, with hotel, retail, and residential components working in harmony,” Matt Buhts, CFO of Carr, said in a statement. The properties were originally built in 1970, and the hotel was previously a Holiday Inn before being repositioned under its current brand in 2009.

The hotel component was acquired in partnership with Argosy Real Estate Partners, and SpringHarbor Financial Group and Kruger Real Estate will be development partners for the residential portion. Construction is expected to begin in late 2022. 

This article originally published at https://dc.urbanturf.com/articles/blog/a-residential-development-is-in-the-works-for-friendship-heights/17713.

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. Visit guides.urbanturf.com or start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse