MRP Buys H Street Site, Plans 112-Unit Mixed-Use

MRP Realty and Kruger Real Estate are planning to build a 93k SF apartment building with 6k SF of retail on a newly acquired H Street NE site.

The JV bought the vacant, three-parcel site at 315 H St NE, which sits in front of a stop on the H Street streetcar. The 112-unit residential building with ground-floor retail, rendered above, is expected to deliver in spring 2018.

“H Street is one of the most historic streets in Washington and over the course of the past decade our government and business leaders have returned it to its roots as an energized commercial and creative hub in the midst of an authentic urban neighborhood,” MRP principal John Begert said in a release.

Two blocks away, Insight Property Group has begun pre-leasing for its 430-unit Apollo on H condo building, anchored by a ground-floor Whole Foods, slated to open next year. H Street will be a main topic of discussion at Bisnow's Hottest Corridors event Oct. 6.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

BXP Execs See Better Returns In Building Offices Than Buying Them

The Las Vegas-Style Sphere Just Outside D.C. Is A Go

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market

Coffee Shop Signs Lease At Downtown Trophy: The D.C. Deal Sheet

Oliver Carr Jr.'s Firm Sells Alexandria Project To His Son's Company

Developer Pitches Massive Hospitality, Makerspace District South Of Austin

Bill Barr's Law Firm Expands Footprint In Move To Pennsylvania Avenue

Towers On The Edge: How Austin Is Redefining Vertical Density At The Waterfront

Amazon Ditches Ashburn Data Center Plan, Shifts To Mixed-Use Vision