Big Brooklyn Bowl Lease To Boost Burgeoning Buzzard Point

Rendering of the double-sided retail venue at Parcel B on Audi Field
Courtesy of Hoffman & Associates
The Double-Sided Retail Street Near Audi Field Envisioned By Hoffman & Associates, Featuring The 38K Sf Brooklyn Bowl Venue

The developer of a multifamily project next to Buzzard Point's Audi Field has landed a major entertainment tenant to anchor its new project.

Brooklyn Bowl signed a 38K SF lease to occupy two floors of retail space at Parcel B, a 500K SF mixed-use development from Hoffman & Associates, the developer announced Wednesday.

“We are excited we found the right partner in Hoffman & Associates," Brooklyn Bowl co-founder Peter Shapiro said in a statement. "Their experience developing three successful live music venues in the city’s Wharf neighborhood make them the perfect fit for us."

The concept, founded in Brooklyn in 2009, is slated to feature a 14-lane bowling alley in addition to a concert and event space run by Live Nation. It is also expected to include a craft bar and menu from New York's Blue Ribbon Restaurant Group.

The Parcel B development, located next to the stadium's Gates A and B, is set to deliver 455 residential units in 2026. That includes 110 senior affordable units backed by Volunteers of America and D.C.'s Housing Production Trust Fund.

Brooklyn Bowl will anchor a two-sided retail corridor fronting the stadium, operated by Major League Soccer team D.C. United.

"When we made the decision to invest in a stadium in downtown Washington, DC we were very intentional in our efforts to acquire additional land surrounding Audi Field to further develop the Southwest neighborhood of the city," D.C. United CEO and co-Chairman Jason Levien said in a statement. "Brooklyn Bowl is one of the most vibrant destinations for entertainment in the marketplace and we’re excited to introduce them to the community as a neighbor to Audi Field."

Hoffman & Associates has been working with D.C. United to ensure the area around Audi Field could become "more than just a stadium" since agreeing to a deal with the team in 2019, Mathew Steenhoek, vice president of development at Hoffman & Associates, said at a Bisnow event earlier this year.

The development is slated to join another 2M SF mixed-use community spearheaded by a team of Akridge, National Real Estate Advisors, Blue Coast Capital and Bridge Investment Group in Buzzard Point. That development, branded as The Stacks, secured a $367M construction loan from Bank OZK in April.

Steenhoek said he believes Buzzard Point, a neighborhood once dominated by industrial space and the U.S. Army's Fort McNair, can become the connective tissue sewing together The Wharf, which his firm co-developed, with the broader Navy Yard and Capitol Riverfront area.

"When I look at it on a map, I'm like this is the hub," Steenhoek said in August. "There's a huge nexus of opportunity for that space to play off of all these things."

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

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

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

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

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

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

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

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