4 Metro-Friendly Mixed-Use Projects to Watch
In the next seven months, four developers plan serious headway on projects within blocks of a Metro station. From a giant renovation of a decades-old mall to a Bethesda development that comes with well over 1,000 underground parking spots, the mixed-use boom is real, and it's spectacular.
1. City Market at O
Developer: Roadside Development
Architect: Shalom Baranes Associates Architects
Residential: 143 apartments and three townhouses
Lead tenants: Convivial, Bacaro wine bar
The above conceptual rendering was released exclusively to Bisnow and shows the final piece to this development's puzzle, which will hold 2,400 SF of retail when finished. The final phase of Roadside's mixed-use project at 880 P St NW in Shaw starts construction this summer. The luxury building will feature a baby grand piano, outdoor fireplaces, a boardwalk and an herb garden. Convivial, owned by the same group as Adams Morgan's Mintwood, and Bacaro occupy a combined 6,200 SF of retail space next door.
2. The View at Waterfront
Developer: Mill Creek Residential
Residential: 260 new units on top of 256 existing units
Retail: 5,220 SF
Mill Creek and John Hancock are adding to the two towers they already own at the iconic corner of 6th and M Streets SW. Mill Creek’s Josh Posnick says the partnership purchased the property last October, and plans to construct a residential and a mixed-use tower, each 85-feet tall. They will be built on the adjacent surface parking lots next to the two I.M. Pei, 1960s-era existing structures. Posnick said he expects approval to reduce the existing plan’s overall density later this year, with shovels in the ground in Q2 2016.
3. Ballston Quarter
Developer: Forest City Washington
Residential: 393 units in a 29-story tower
Retail: Overhaul of 360k SF of retail space in existing Ballston Common Mall
The high-profile, inside-out redevelopment of Ballston Common Mall in Arlington will reinvent the space as an open-air town center, complete with the tallest residential building in Ballston. Forest City expects approval later this year and to start digging in 2016, but Ballston residents will still be able to eat at Panera Bread and Noodles and to catch a movie at Regal Cinemas during construction.
4. The Darcy/The Flats
Developers: StonebridgeCarras, PNHoffman
Architects: ForrestPerkins, SK+I
Residential: 162 apartments, 88 condos
Lead tenants: Pottery Barn, Chop’t, Paul Bakery
These two adjacent buildings have been under construction for years in what used to be two Montgomery County-owned surface lots. The two residences are expected to open next month on Bethesda Avenue, blocks from the Metro. The new development brings 1,300 underground parking spaces—almost 3.5 acres, StonebridgeCarras’ Doug Firstenberg tells us—and 40k SF of retail that’s 90% pre-leased.