Thursday, August 18, 2016

Transpoint Building to be Redeveloped as Riverpoint

The former Coast Guard headquarters building at 2100 2nd Street in Buzzard Point is slated to be redeveloped as a mixed-use project with apartments, condos, and 80,000 SF of retail. Per the Washington Business Journal, a development team including Akridge Development, Western Development, Jefferson Apartment Group, Orr Partners, and Redbrick LMD will take on the Transpoint Building project, which has been renamed Riverpoint. From the article: 
Riverpoint is slated to include roughly 425 apartment units and 110 condo units, Orr said, though that mix could change, and the team is in the midst of screening architects. Early plans are to add a floor or two to the 609,265-square-foot building and to seek permission for some restaurants to extend onto the waterfront or even float on the Anacostia River, though those details are still being worked out. 
This is one of two office buildings in Buzzard Point that are planned to convert to residential. Earlier this year, Douglas Development filed plans with the Zoning Commission to convert an office building on Half Street to 462 apartment units and 24,032 SF of retail space. Riverpoint is located just to the south of 100 V Street, an empty lot owned by Akridge that was partially taken by the city through eminent domain to build the new D.C. United stadium. Previously, 100 V Street was envisioned as an office campus for a federal tenant; however, the changing dynamic of Buzzard Point and a soccer stadium next door will likely mean those development plans will be altered. With 100 V Street and Riverpoint, Akridge will have a large presence in Buzzard Point. 

Construction of Riverpoint could start within 12 months, adding to the bevy of construction activity coming to Buzzard Point over the next 2-3 years, including Douglas’ project, a new D.C. United stadium, Pepco substation, Marina View condos and a new Frederick Douglass Bridge and traffic oval.


Anonymous said...

They're going to have to cut quite a hole into the middle of that building to make salable residential units, and even still I wouldn't want to be at the bottom of that light well. I kind of like the E-shaped plan that Douglas has proposed just up the way -- maximizes water views.

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