What's Hot: Arlington County Approves Missing Middle Zoning | Move-In Ready Townhomes at EYA's Northeast DC Neighborhoods
Metro Puts Penn Quarter Headquarters Building on the Market for Ground Lease

A year ago, WMATA hinted at plans to sell its current headquarters as it sought a map amendment for the Penn Quarter parcel. Now, months after the map amendment was approved, the current headquarters site seems to be inching closer to redevelopment.

Today, Metro announced that the agency is offering its 1.1-acre headquarters site at 600 5th Street NW (map) for a 99-year ground lease to facilitate redevelopment. Since the map amendment, the site is zoned D-5-R, which would permit by-right residential (with inclusionary zoning), hotel, office or mixed-use development up to 120 feet tall (plus penthouse) on the site.
story continues below
loading...story continues above

"Maximizing the value of our downtown property is in the best interest of Metro, the District, our employees and our riders," Metro General Manager Paul J. Wiedefeld said in a statement. "While the Jackson Graham Building has been our home for more than 40 years, the revenue that will be generated by the redevelopment of this property is an investment in Metro's future."
Last fall, the agency announced plans to relocate headquarters to an office building in L'Enfant Plaza. WMATA is expected to vacate the current headquarters by December 2022.
This article originally published at https://dc.urbanturf.com/articles/blog/metro-puts-penn-quarter-headquarters-building-on-the-market/15210.
Most Popular... This Week • Last 30 Days • Ever

The 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »

The new development keeps humming along in DC's Buzzard Point.... read »

It is early in the year, but there are already a number of areas around DC where home... read »

Today, UrbanTurf is taking a look at the tax benefits associated with buying a home t... read »

If you are tired of getting lost in their stores, IKEA has a new location planned tha... read »
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- The Stacks, Brooklyn Bowling and a Vermeer: The 5 Developments on the Boards for Buzzard Point
- DC's 14 Million-Dollar Neighborhoods in 2023
- A Look At The Tax Benefits of Buying a Home Through a Trust
- IKEA Opening Small Format, Delivery Only Location in Pentagon City
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro