With Raze Application Filed For New York Avenue McDonald's, Is Big Development Next?

  • September 13th 2023

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Rendering of Capitol Point North.

An application filed with DC this week signals the end is nigh for a McDonald's location in NoMa. But what comes next for the prominent site is a bit of a question mark.

An application to raze the McDonald's at 75 New York Avenue NE was filed with the city earlier this week. JBG SMITH  has long had plans to redevelop 55 and 75 New York Avenue NE (map) into a two-phase development that could ultimately bring 800 new apartments to the area. 

Capitol Point North would consist of two phases -- an initial phase that would deliver 500 apartments above 13,130 square feet of ground-floor retail and a 5,250 square-foot rooftop bar/restaurant; and a second phase with 305 apartments above 9,125 square feet of retail, a 4,000 square-foot fast food restaurant, and pet boarding. Hord Coplan Macht is the architect.

Earlier this year, JBG SMITH filed for a two-year extension for the project with DC's Board of Zoning Adjustment, citing difficulty obtaining project financing due to economic and market conditions. UrbanTurf reached out to the developer to see if the raze application is an indication that financing has been obtained and the development is now moving forward, but did not immediately hear back. 

For a rundown of the large development projects in the works in the area around New York and Florida Avenues, click here.

See other articles related to: capitol point north, jbg smith, mcdonalds, noma

This article originally published at https://dc.urbanturf.com/articles/blog/with_raze_application_filed_for_new_york_avenue_mcdonalds_is_big_developmen/21459.

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!