Monday, October 3, 2016

Buzzard Point Update

Over the weekend, the District transferred control of the D.C. United stadium site in Buzzard Point to the team, according to The Washington Post. The District was responsible for assembling the land, razing the existing buildings, and utilities upgrades. A revised PUD application was released over the summer and the team will be facing the Zoning Commission in November. If the stadium plan receives approval, construction can begin in early 2017. As a result, the scheduled opening of the new stadium has now slipped a few months to at least June 2018. The team will likely have to plan an extended road trip in the first part of the 2018 MLS season before they can play their first match in their new home since they intend to leave RFK at the end of the 2017 season. 

Meanwhile, construction continues at the new Pepco Waterfront substation, with the steel frame of the south side of the building now up. Road closures around the construction sites of the stadium and the substation are now in effect, limiting access to the area. The substation is scheduled to be completed in 2017. 

Akridge has revived their marketing for 100 V Street, the seven-acre site they own just south of the stadium site (the site was originally nine acres – two acres were taken by eminent domain for the stadium project). 100 V Street is now planned as a 2.4-million SF mixed-use development (it previously was planned as an ideal location for a federal tenant pre-soccer stadium). The site is just north of the former Coast Guard headquarters building, which will be redeveloped by a team of developers including Akridge to a mixed-use project called Riverpoint with rental apartments, condos, and retail. 

The new owner of the site to the east of the Riverpoint project has renamed the proposed condominium Peninsula 88. A press release was sent last month stating the new name and that plans were submitted to the Zoning Commission (the plans are not yet available online). Even though the architect remains the same as what it was under the previous owner, the design has been changed. Part of the site is currently being used as a flower farm, which was featured in The Southwester. Construction on the condo project is expected to start in 2017.

Renderings courtesy of D.C. United and Akridge

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