Nationals

Park
BUZZARD POINT: THE PLANS
South of Q Street SW, Buzzard Point is largely spoken for. Heres what coming.

South C
1 TIBER CREEK ASSOC. Acquired: 1932

6 1 Plan: TBD

apito
Size: 0.68 acres
Acquired: 1989 Details: Multiple developers have said

l St
Plan: Hostel/hotel concept the historic power plant could be reused

SW
as an art gallery, much like the Tate
Q St SW Details: Tiber Creek earned zoning
Modern in London. Pepco will only say
approval in 2010 for a 109-room,
that it is evaluating all opportunities.
400-plus-bed C Hostel and Hotel.
The property owner has since picked Timeline: TBD, though remediation
SW alone will take years
Ave up multiple extensions on its zoning
c
7
a

Half St SW
approval, but it has not filed for permits.
2nd St SW

tom

1st St SW
Po CAPITAL CITY REAL
2
Timeline: Unclear
9 ESTATE
Size: Just shy of a half-acre
PEPCO
2

South Capitol St SW
Size: 2.88 acres Acquired: December 2015 for $9.8M
Acquired: In batches since 1974, Plan: 110 condos, 1,700 square feet of
totaling at least $3.74M retail
Plan: New substation Details: The site backs up to Buzzard
Point Park, creating what Capital
Details: Pepcos modern substation
R St SW City has said will become a spa-like
will pump power to the Southwest
atmosphere in the midst of what will
waterfront, Buzzard Point and Navy Yard.
become D.C.s hottest neighborhood.
Timeline: Deliver 2018 The project is called Peninsula 88.
Timeline: 2019 delivery
D.C. UNITED
3 Size: 8.73 acres STEUART INVESTMENT
10 Acquired: Largely 2015 via sales and
eminent domain for $84.86M
10 Size: 4.08 acres
Acquired: 1969 to 2002
Plan: 19,000-seat soccer stadium
Plan: None yet
Details: The future home of D.C.
Details: Chairman Guy Steuarts parcels
Uniteds Audi Field is driving the wave
on either side of South Capitol are
of development across Buzzard Point.
3 The club will lease the stadium itself and
ground zero in a construction zone
for several years between the new
S St SW develop mixed-use on its outskirts.
Frederick Douglass Bridge and D.C.
Timeline: Stadium opening mid-2018,
Fort McNair

United stadium. When those projects

ancillary development TBD are complete, the site will be a terrific
opportunity to create a remarkable
W

AKRIDGE
St S

development on the waterfront, he said.

11 12 4 Size: 6.77 acres Timeline: TBD
er
Wat

Acquired: 2005, from Pepco, for $75.1M

Plan: Multiple-phase, mixed-use project
totaling perhaps 2.4 million square feet
Details: The 7 acres that Akridge did not
T St SW give up for the soccer stadium are now
T St SW the subject of a master-planning effort.
Expect a mix of multifamily, creative
office, hotel and perhaps school users.
Timeline: Under construction in 2018
Half St SW
MRP REALTY
11 Size: 0.85 acres
Acquired: Under contract
Plan: MRP is expected to eventually
acquire and develop these parcels.
Details: None yet, though MRP is likely
to redevelop this square, which includes
the Ziegfelds/Secrets nightclub, into a

residential-over-retail project.
AKRIDGE-WESTERN
13 5 DEVELOPMENT
Timeline: TBD

8 Owner: Partnership of Akridge and FLORIDA ROCK

Western Development Corp.
Size: 2.65 acres, including
12 Size: 2.1 acres
Acquired: N/A
609,265-square-foot office building
Plan: Will be integrated into MRPs
Acquired: August 2016 for $49.3M
future Half Street development.
Plan: 425 apartments and 110 condos
Details: Vulcan Materials relocated
over 70,000 square feet of retail
4 Details: Akridge and Western, with
from the opposite side of South Capitol
to allow for development of Dock 79.
partners Jefferson Apartment Group, Orr Florida Rock partner MRP envisions
Partners and Redbrick, plan to carve a the combined development of Half
waterfront metropolis out of the former Street and Florida Rock in the range of
U.S. Coast Guard headquarters. The 750,000 square feet.
14 project will be called Riverpoint.
Timeline: TBD
2nd St SW

1st St SW

Timeline: 2019 or later

DOUGLAS

6 DBT DEVELOPMENT
Acquired: 2016 for $4.63M
13 DEVELOPMENT
Size: 2.5 acres, including
Plan: Residential 665,928-square-foot building
V St SW Details: DBT and TM Associates have Acquired: 2005 for $35.6M
filed plans for 76 affordable units and Plan: 415 apartments, 15,000 square
ground-floor retail. feet of retail
Timeline: Starts 2018 Details: Douglas has an approved plan
Anacostia to adaptively reuse this vacant nine-
River story waterfront office building.
JAMES PEDAS TRUSTEE
9 7 Size: 1.5 acres Timeline: Estimated delivery in 2019
Acquired: 1986
NATIONAL PARK
5
rd
P oin
t
Plan: None
Details: Capitol Building Supply is one 14 SERVICE
Size: 7.75 acres (3-plus acres on land)
z za r i n a of the few businesses on Buzzard Point
Bu M a that has no clear path to some other use, Acquired: N/A
though it is hard to imagine the current Plan: Under development
owner not monetizing it at some point. Details: NPS released its Buzzard Point
Timeline: TBD Park concept plan featuring a revived
connection to the Anacostia waterfront.
PEPCO Timeline: NPS must still conduct an
8 Size: 9.13 acres environmental impact study.