Shopping Center and Luxury Condos Slated for Fannie Mae's Old Headquarters
✉️ Want to forward this article? Click here.

The former Fannie Mae headquarters on Wisconsin Avenue.
Over two years ago, government-operated mortgage buyer Fannie Mae announced that it would sell its headquarters at 3900 Wisconsin Avenue NW (map) and move downtown. Now, we have an idea what the future holds for the old site.
story continues below
loading...story continues above
The Nikkei Asian Review reports that Japanese developer Sekisui House plans to purchase and redevelop the roughly 430,000 square-foot property, restoring the 60-year old brick building to create a shopping center and constructing luxury condominiums on the surrounding land. Sekisui House is anticipated to pay $88 million to $176 million for the property, which is part of the company’s strategy to make investment inroads in the U.S. This past summer, the Washington Business Journal reported that Roadside Development had emerged as the buyer for the headquarters, and it appears that the DC-based firm will partner with Sekisui House on the development.
Fannie Mae will continue using the building on Wisconsin Avenue for the next 2-3 years while their future home in the old Washington Post headquarters is constructed.
UrbanTurf will continue to monitor this development as it moves forward.
See other articles related to: fannie mae, foreign investors, japan, sekisui house
This article originally published at https://dc.urbanturf.com/articles/blog/shopping_center_and_luxury_condos_slated_for_fannie_maes_old_headquarters/11932.
Most Popular... This Week • Last 30 Days • Ever

The mortgage interest deduction allows homeowners who itemize their taxes to reduce t... read »

Today, UrbanTurf takes a look at the latest with the residential (and some of the com... read »

A raze application has been filed in DC for the 63 year-old hotel along I Street SW.... read »

Canal House, a Tribute Portfolio hotel, will open near the C&O Canal later this month... read »

The DC Zoning Commission approved map and text amendment applications that would crea... read »
- How Does The Mortgage Interest Deduction Work?
- Jose Andres, Heating Plants And The 10 Developments Coming To Georgetown
- The End For Capitol Skyline? Raze Application Filed For DC Hotel
- Marriott Set To Open 105-Room Boutique Hotel in Georgetown This Month
- The Zones That Could Lead To More Development in Chevy Chase DC Have Been Approved
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