DEVELOPMENT PROJECTS IN GEORGETOWN
Several development projects are breathing new life into obsolete buildings and bringing new activity to underused spaces. These projects represent new opportunities for high-end residential units, flagship retail and restaurant space, and luxury accommodations for Georgetown visitors.
3220 Prospect Street, NW
28,000 square feet of retail space
Anticipated delivery 2021+
[Photo: McCaffrey Interests]
Prospect Place is a new two-story retail development from McCaffrey Interests, located across from Cafe Milano, Peacock Cafe, Morton's the Steakhouse and Mai Thai restaurants. The development features 28,000 square feet of rentable retail space and 101 parking spaces. For more information about Prospect Place, contact Morgan Ziegenhein for development inquiries [mziegenhein@McCafferyInterests.com, 703-351-9500] and Rory Cameron for leasing inquiries [rcameron@mcCafferyInterests.com, 703-351-9500].
3000 M Street, NW
30,000 square feet of retail space on M Street
88 hotel rooms
Anticipated delivery 2022+
[Photo: Thor Equities]
Thor Equities is redeveloping the former Latham Hotel at 3000 M Street, bringing new flagship retail space to M Street and a renovated boutique hotel. Demolition of the existing M Street retail space and renovation of the hotel building begain in August 2017, with expected delivery in late 2019. For more information about the 3000 M Street redevelopment or leasing opportunities, contact Kim Leone at 212-529-7412.
West Heating Plant
1051-1055 29th Street, NW
60 Four Seasons condominiums and a public park
A partnership group between The Levy Group, The Georgetown Co., and the Four Seasons will redevelop the former West Heating Plant into 60 Four Seasons condominiums and a public park along the historic C&O Canal. World-renowned architect David Adjaye is designing the new building and landscape architect Laurie Olin is designing the public park.
2715 Pennsylvania Avenue, NW
29,000 square feet with ground floor restaurant and seven luxury residential units
Anticipated Delivery 2020
[Photo: Eastbanc, Inc.]
Eastbanc, Inc. will redevelop the current Valero gas station cross from the Four Seasons Hotel to bring seven luxury condominiums and a ground floor restaurant space to Georgetown's eastern gateway. For more information, contact Eastbanc at 202-737-1000.
3255-3259 Prospect Street, NW
Demolition of existing Domino's Pizza
New construction of six residential units