One of the most dramatic revitalizations of the DC area is the growth and development of the South West area of DC. With construction underway on multiple projects of epic proportions, the question should probably be “What isn’t happening in South West DC?” This smallest quadrant of the city will soon be home to some of the biggest projects around.
Many date the renewed interest in South West DC to the 2010 reimagining of Arena Stage into the Mead Center for the Performing Arts. This home of American Theatre dates from 1950 and has nurtured some of the most important plays in the American theatrical canon. Its award-winning 2010 revitalization and expansion was a precursor to the current interest in South West DC and the possibilities of further development there.
One of the current development projects is the Buzzard Point suite of projects. The cornerstone is the DC United’s new Audi Field, which broke ground in February 2017 and is slated for a 2018 opening. The soccer-specific stadium will also host an array of concerts, events, and and other sporting activities. With a capacity for 20,000 fans, 31 luxury suites, and a bike valet, this is truly an exciting addition to the roster of DC venues.
An adjoining block-long mixed-use development is planned through renovation of the former Coast Guard headquarters. Featuring almost 500 residential units above more than 70,000 square feet of retail, the reimagined space will also include underground parking for both automobiles and bikes, as well as structural changes to accommodate alterations in the floodplain since its construction.
Nearby Buzzard Point Park has also been reimagined, with river access featuring a kayak launch, green spaces including grass dunes, and a pedestrian promenade. The National Park Service is spearheading the development and is currently conducting environmental impact studies of the plan.
The other huge news in South West is, of course, The Wharf. Dubbed the largest development project in DC history, and one of the largest construction projects on the East Coast, phase one is scheduled to launch in October 2017, with grand opening celebrations and activities planned on a rolling basis all the way through April 2018. That should give you some idea of the scale of the project, and of the excitement surrounding it.
At full build-out, the plan is for 14 unique, “signature” buildings, each spearheaded by a different architect. The 24 acres of land contained in the development includes 10 acres of public space. There are plans for 1,400 waterfront residences as well as shops, restaurants, hotels, and more. The 50 acres of water in the plan includes the Washington Channel, where some 500 boat slips are expected.
Previously unattainable waterfront views and luxury amenities and finishes are expected to fetch record-setting prices per square foot in the high-end apartments and condos of the development. However, the first phase is expected to help ameliorate the affordability factor for the area, with some lower-cost rentals available.
Commercial leases have been in high demand, with a number of firms preparing to move or expand into office space in what is expected to be one of the hottest areas of town. Phase Two planning, in fact, expanded the commercial space available in order to meet demand.
One of the biggest and most anticipated commercial spaces in The Wharf, of course, will be The Anthem. The $60 million concert venue will open in October 2017 with an opening night concert featuring Foo Fighters. The unique design will allow for space adjustment from 2500 to 6000 and the stellar talent lineup over the first few months promises to make this one of the most exciting spaces in DC for some time to come.
Waterfront living, shopping, dining, entertainment, sports–whatever part of the South West DC redevelopment you are most excited for, we want to help put you right in the middle of the action. Sign in at our website and let your Eng Grant Garcia real estate agent know where you want to be in South West, or anywhere in the DC metro area. We’re here to help you feel right at home in DC and to find the perfect place to live, work, and play.