High-End Theater May Join MRP’s Massive Rhode Island Center Project

MRP Realty

The proposed massive redevelopment of the 13-acre Rhode Island Center in Edgewood is inching towards the end of the review process, but a new wrinkle has been added to the mix for Phase 2 of the project.

MRP Realty, along with Sandrock LP and landowner B & R Associates, has plans in place for a seven-phase project that will span six blocks, and include 1,500 residential units and as much as 250k SF of retail and commercial space. The team is in talks to bring a high-end theater, which would be constructed as a stand-alone, to Phase 2, the Washington Business Journal reports.

There’s no word on which theater chain the group is in discussions with, but it’s slated to be a nine-screen multiplex with table service. High-end theaters are becoming more prevalent in the DC area, with chains such as Angelika, Landmark and iPic having a presence.

Phase 1 is set to begin in 2017, and will include three buildings totaling 412 units and about 60k SF of retail. The Rhode Island Avenue Center is the latest in a string of major projects for MRP, which has a knack for developing in up-and-coming areas. [WBJ]

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

DCHA Taps Executive Director: The D.C. Deal Sheet

The Multifamily Boom Is Putting HVAC Decisions Back In The Spotlight

Austin's Office Slump Is Fueling Mixed‑Use Projects

Gould Starts $25M East End Office Renovation, Seeks Tenants For Top Floors

Elme Finishes Liquidating With 3 D.C.-Area Sales

What It Takes To Build For A Thriving Prince William County

INSIDE THE SPACE: 8821 Preston Ct., Jessup, Maryland

Robotaxi Firms Quietly Growing Real Estate Footprint, Even Where They're Not Yet Legal

Court-Appointed Receiver Takes Over Jemals' Historic Woodies Building

500-Unit Mixed-Use Project Wins Rezoning Approval Near Raleigh

FOR LEASE: Maryland Industrial Property Offers Purposeful Design And A Desirable Location

Stockdale Sells MOBs For $98M: The D.C. Deal Sheet