Today, MRP Realty and The JBG Companies announced that construction of the first 323 residences of The Exchange at Potomac Yard is slated to start in the second quarter of 2012.
The total plans for The Exchange at Potomac Yard are extensive. The 1.9 million square-foot mixed-use project will include a town center with approximately 800,000 square feet of office and hotel space, two hotels totaling 625 rooms, 534 residences, and approximately 100,000 square feet of retail.
The new development will cover 17 acres in Potomac Yard, the sprawling 167-acre project that UrbanTurf reported on last week. The plans for Potomac Yard, bounded by Route 1 on the west, Potomac Avenue on the east and just south of Reagan National Airport (map), call for 1.8 million square feet of office space, 325,000 square feet of retail, 1,683 residential units, 300 hotel rooms, and possibly another Metro station.
This article originally published at http://dc.urbanturf.com/articles/blog/mrp_realty_jbg_to_start_construction_on_323_Potomac_Yard_Residences/5071
Most Popular... This Week • Last 30 Days • Ever
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
Just a month after setting a new high in March, the value of a house in DC skyrockete... read »
The National Capital Planning Commission will consider approval of the final master p... read »
A look around DC to see where home sellers are dropping their prices.... read »
The new five-level residential project is planned for the buildings at 1365-1375 H St... read »
Our guide for amateur landlords who don't really know what they're doing.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The eight-bedroom, 35,000 square-foot home known as The Cliffs hit the market Wednesd... read »
Brookfield Properties is moving forward with development plans for additional sites i... read »
The most detailed rendering yet has been unveiled for the 310-unit redevelopment of t... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... 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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro