What's Next: 12 Major D.C. Projects Expected To Deliver In 2018
D.C.'s residents, companies, sports teams and tourists will all celebrate the completion of new developments this year. From a new soccer stadium and a museum to retail centers, corporate HQs and numerous multifamily buildings, 2018 will be a big year for deliveries in the D.C. area. Bisnow took a look at 12 of the largest and most noteworthy projects expected to deliver this year.
Audi Field
- Location: Buzzard Point
- Developer: D.C. United, Turner Construction
- Size: 20,000-seat stadium, 14K SF of retail, 40K SF plaza
- Project Cost: $300M
- Expected Delivery: June
D.C. United waved goodbye to its longtime home, RFK Stadium, in October and will soon begin playing at a new 20,000-seat stadium at Buzzard Point. With Audi Field on pace for a June opening, the Major League Soccer team will likely have to play two of its early season home games at an alternate site.
The development will also feature a 14K SF retail corridor and a 40K SF public plaza. It is expected to spark a major transformation of Buzzard Point, the Southwest D.C. peninsula where the Potomac and Anacostia rivers meet. Developers such as Akridge, MRP Realty and Capital City Real Estate are planning projects in the area, which D.C. included in one of its Amazon HQ2 submissions.
Capitol Crossing's Phase 1
- Location: 200 Massachusetts Ave. NW
- Developer: Property Group Partners
- Size: 414K SF Phase 1
- Project Cost: $1.3B
- Expected Delivery: Q2
After building an elevated deck above Interstate 395, Property Group Partners broke ground in June 2016 on the first of five buildings at its Capitol Crossing megaproject. The 414K SF office building landed its first tenant in October, with PGP signing the American Petroleum Institute for 75K SF on the top two floors of the 200 Massachusetts Ave. NW building. The developer had been in talks with Italian marketplace concept Eataly to anchor the retail portion but that deal fell through. It later reached a deal with Shake Shack founder Danny Meyer to open the first location outside of New York City of his award-winning Manhattan restaurant Union Square Cafe.
Construction is also underway on the development's second building, a 559K SF office building with ground-floor retail at 250 Massachusetts Ave. NW, expected to deliver in 2019. After that, PGP plans to build a third office tower at 201 F St. NW, a residential building at 600 Second St. NW and a final office building at 200 F St. NW, each with ground-floor retail. The developer aims to complete the final phase in 2022.
Capital One's HQ
- Location: McLean, Virginia
- Developer: Capital One
- Size: 930K SF, 470-foot-tall office building
- Project Cost: Unknown
- Expected Delivery: 2018
The D.C. region will have a new tallest building when Capital One's new, 470-foot-tall office tower is completed this year. The bank's 937K SF McLean HQ is the first portion of a 24.5-acre, 5.2M SF mixed-use development.
Fairfax County in July approved Capital One's request to expand the development to include an 80K SF Wegmans grocery store, expected to open in late 2018, and a 125K SF performing arts center. The development is also approved for 1,230 residential units.
International Spy Museum
- Location: L'Enfant Plaza
- Developer: JBG Smith
- Size: 140K SF
- Project Cost: Unknown
- Expected Delivery: Fall
The International Spy Museum will more than double in size when it moves into its new 140K SF L'Enfant Plaza home this fall. JBG Smith, then The JBG Cos., secured a deal with the museum in June 2016 to move from its East End home at 800 F St. NW. The museum was designed by Hickok Cole Architects, Rogers Stirk Harbour + Partners and Gallagher and Associates. It will feature interactive exhibits, classroom space, a multifunctional event space, a lecture hall and a theater.
Also at L'Enfant Plaza, a major Southwest D.C. transit hub where five Metro lines intersect, JBG Smith is building a 121K SF HQ for the Urban Institute. The developer has two remaining development sites at the complex, for 300K SF behind the spy museum and a 200K SF site on the northeast parcel.
Midtown Center
- Location: 1100 15th St. NW
- Developer: Carr Properties
- Size: 812K SF of office, 50K SF of retail
- Project Cost: $680M
- Expected Delivery: Early 2018
Fannie Mae signed on with Carr Properties in early 2015 for 752K SF at Midtown Center, the largest private sector lease in D.C. history. At 1100 15th St. NW, the development is replacing the former home of the Washington Post. Designed by SHoP Architects and WDG Architecture, the $650M project will feature two 12-story office buildings connected by three 100-foot walking bridges over a public plaza with 45K SF of retail.
Fannie Mae's move will make way for another major mixed-use development in Northwest D.C. Roadside Development in May signed Wegmans to anchor its redevelopment of Fannie Mae's former HQ at 3900 Wisconsin Ave. NW, which is also planned to include 700 units and a hotel, plus office and cultural space.
Ballston Quarter
- Location: Ballston
- Developer: Forest City
- Size: 360K SF of retail, 406-unit residential tower
- Project Cost: $330M
- Expected Delivery: September
When its redevelopment of the Ballston Common Mall opens in September, Forest City will bring a host of new dining options to the Arlington neighborhood.
Ballston Quarter, as the project has been branded, will be anchored by Punch Bowl Social, an entertainment restaurant concept with a bowling alley, arcade and bar that signed on for a 25K SF space. The developer recently announced nine new dining options that will open in its Quarter Market food hall, including Mexican restaurant Bartaco and Italitan eatery Cucina Al Volo. The food hall will have 18 total operators and Forest City plans to announce the rest in the months ahead of its September opening.
The development will also include a 22-story, 406-unit residential tower, set to deliver in Q1 2019. The Regal Cinemas on the site recently underwent a $3.5M renovation.
The Advisory Board/EAB HQ
- Location: 655 New York Ave. NW
- Developer: Douglas Development, Brookfield Property Partners
- Size: 756K SF
- Project Cost: $185M
- Expected Delivery: Q2
Healthcare and education consulting firm The Advisory Board signed on in 2016 to stay in D.C. and move its HQ to a new Douglas Development project at 655 New York Ave. NW. Douglas is partnering with Brookfield Property Partners and brought on Shalom Baranes Associates and NBBJ to design the 756K SF office building, slated to deliver in Q2. The Advisory Board leased 532K SF, leaving a chunk of the building available, and received $60M in incentives from D.C.
After signing onto the project, The Advisory Board last year announced a merger with Minnesota-based Optum. Under the terms of the $2.58B deal, The Advisory Board will sell off its education business to Vista Equity Partners, though the new stand-alone company, EAB, plans to keep its HQ at the 655 New York Ave. NW building.
Capitol Riverfront's 99 M
- Location: Capitol Riverfront
- Developer: Skanska
- Size: 234K SF
- Project Cost: $55.7M
- Expected Delivery: Spring
Skanksa will soon complete its Capitol Riverfront spec office project at 99 M St. SE. Sitting in between the Navy Yard Metro station and Nationals Park, the 12-story office building will have ground-floor retail tenants Circa and Open Road. Skanska also recently signed its first two office tenants, with Pyxera Global taking 17K SF and Credit Union National Association occupying 22K SF.
The Lydian
- Location: Mount Vernon Triangle
- Developer: Wilkes Co. and Quadrangle Development
- Size: 324 units, 13K SF of retail
- Project Cost: Unknown
- Expected Delivery: March
Construction is nearly complete on Mount Vernon Triangle's latest multifamily building, with residents moving into The Lydian in March. In addition to 324 units, the project will have 13K SF of retail, where the developer hopes to sign locally owned businesses. Wilkes Co. and Quadrangle Development, the two partners on the project, have built several developments in the neighborhood and have at least three more planned.
Chapman Stables
- Location: Truxton Circle
- Developer: Four Points LLC
- Size: 114 condo units, 1,200 SF of retail
- Project Cost: Unknown
- Expected Delivery: Spring
Condo buyers will soon be able to live in a former Truxton Circle horse stable. Four Points LLC broke ground in November 2016 on Chapman Stables, a redevelopment of a historic horse stable building at 57 N St. NW. Of the 114 condos, 36 will be inside the restored horse stable, with the remaining in an adjacent five-story building Four Points is constructing. The condos will range from 540 SF to 1,100 SF and will be priced from $300K to more than $1M.
The Bower Condos and Parcel O2 Apartments
- Location: Capitol Riverfront
- Developer: PN Hoffman, Forest City
- Size: 138 condos, 191 apartments, 19K SF of retail
- Project Cost: Unknown
- Expected Delivery: Q3
Capitol Riverfront's first new condo building since 2012 will deliver this fall when PN Hoffman completes The Bower, a 138-unit project at The Yards. Next to the condo building, Forest City is constructing the 191-unit Parcel O2 apartments. With 19K SF of combined retail, the new multifamily buildings will sit across from the Bluejacket Brewery in the heart of the booming neighborhood.
Five New NoMa Multifamily Buildings
Northeast D.C.'s fast-growing NoMa neighborhood will welcome five new multifamily buildings this year.
In Q1, Wood Partners will complete The Belgard, a 346-unit apartment building at 33 N St. NE with a 5K SF space for a restaurant tenant.
This spring, Toll Brothers will deliver its 525-unit Union Place project at 200 K St. NE.
The Lexicon, a 182-unit condo building at 72 Florida Ave. NE will also deliver early in the year.
Later this year, Skanska will deliver RESA, the 326-unit first phase of its Tyber Place development at 22 M St. NE.
A few blocks east, near Union Market, a 432-unit project from Edens, Level 2 and Trammell Crow Residential with a 20K SF Latin marketplace on the ground floor will deliver in Q4.