Hines, Urban Atlantic To Redevelop Walter Reed
✉️ Want to forward this article? Click here.
Walter Reed Army Medical Center
The team led by Hines and Urban Atlantic has been chosen by the city to redevelop Walter Reed Medical Center.
The winning team will act as master planner of the massive redevelopment project, which will include 3.1 million square feet of development, with housing, retail, and office space.
Rendering of the Hines-Urban Atlantic plan.
The Hines-led proposal — “The Parks at Walter Reed” — includes 90 townhouses and duplexes, 502 condos and 1,287 rental apartments, along with a full-service senior center with 182 homes, called The Benjamin O. Davis Senior Village. Approximately 50 percent of the senior center homes will be held as affordable, and around 20 percent of the total housing units will be affordable as well.
The focus of their office sector will be a commerce and science center near the center of the site with M.I.T. and George Washington University as likely tenants. Other aspects of the plan include a Hyatt hotel and conference center, and an arts complex.
Rendering of the Hines-Urban Atlantic plan.
Back in July when the competing teams presented their plans to the public, Hines-Urban Atlantic also spoke towards activating the site as soon as possible, by both turning over buildings that have already been allotted to specific users, like charter schools and So Others Might Eat (S.O.M.E.), and facilitating activities like a farmer’s market or outdoor movie area.
Much talk has been made of the possibility of a Wegman’s coming to the site, and NBC’s Scott MacFarlane reported Tuesday that the winning team will negotiate to bring the grocer to the site.
The Hines-led proposal was awarded the redevelopment over the competing bids from Roadside Development and Forest City Washington. The actual re-development of the site could be a ways down the road, as the city must wait on the approval of the plan from HUD and then acquire the land from the U.S. Army.
See other articles related to: hines, walter reed
This article originally published at https://dc.urbanturf.com/articles/blog/hines_urban_atlantic_chose_to_redevelop_walter_reed/7784.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
The residential pipeline in Adams Morgan has slowed in recent years, and now there ar... read »
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!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro