MRP Details Phase 2 Of Capitol Riverfront Project
MRP filed a zoning application with partner Florida Rock Properties for a 253-unit building, 71 Potomac (center), the Washington Business Journal reports.
The project, designed by SK&I Architecture, is scheduled to break ground in Q1 2018 with an early 2020 delivery. It will have 12,500 SF of ground-floor retail across the street from Dock 79's 20k SF. It will also have 274 underground parking spaces that will be partially used for the ballpark.
MRP is not the only developer expecting a surge in residential demand near Nats Park. Just last week, Tishman Speyer bought a site previously planned for an office building, instead choosing to build 800 apartment units. MRP will be represented later this week at Bisnow's Capitol Riverfront event. [WBJ]