The City Ridge Project in Northwest, Washington DC is coming to fruition with the opening of the city’s first Wegmans and the development’s first apartment building. According to reporting from WTOP and personnel at the project, a Wegmans will be opening in July. Although Wegmans has 20 units in the DMV, according to WTOP, City Ridge Wegmans will be the first of the chain’s grocery stores to open within the city’s borders.
Construction on luxury residential units continues in the Northern Virginia Region despite the fact that apartment rental prices have been depressed during the pandemic-induced economic softening in the area. Northern Virginia rental rates dropped more than 7 percent, according to a Washingtonian report in October. Nonetheless, pivotal projects in the region are ongoing based on projected demand, particularly in neighborhoods that are being transformed into more walkable communities.
4040 Wilson Boulevard is getting closer to its planned summer opening. The tallest building in Ballston features retail, office space and luxury residences on the top floor. VIDA fitness and The Salt Line will be two of the earliest retail/restaurant tenants opening up shop in the building. The project was brought to life via a partnership between Shooshan Company and Brandywine Realty Trust in concert with Clark Construction.
The mixed-use Scotts Run development, which encompasses 6.5 million square feet in Tysons, Va., is taking shape. The project sits adjacent to the WMATA McLean Metro station and the Capital One Campus. Dolley Madison Boulevard divides Scotts Run South and Scotts Run North. An entertainment space, managed by Capital One, is emerging, along with corporate office and amenities space and a corporate hotel structure, to the north of the McLean Metro station tracks. Cityline Partners serves as the master developer for the entire Scotts Run project.
Bell Partners acquired the Vista apartment community Vista on Courthouse in Arlington, Va. As part of its acquisition strategy, Bell Partner continues to expand in the Metro-Washington, D.C. Region The 220-unit multifamily community will be renamed Bell at Courthouse. This acquisition follows the purchase of Bell Arlington Ridge in June.
Two new 22-story towers will emerge in Metropolitan Park as part of the first phase of Amazon HQ2. The buildings, open spaces and retail development adds up to 6.5 acres and were approved by the Arlington County Board this month, according to its announcement. The project also includes $20 million in an affordable housing contribution. The Board has discretion over the use of the contribution and it can receive it in the form of new affordable units built around the neighborhood.
The Batley luxury apartments in Washington, D.C. began leasing last month. La Cosecha Latin Market will be part of the retail space in the historic building near Union Station. The Batley kept is throwback look with a historic, brick-accented street-level facade, contrasting its modern template for the residences above. The project was finalized and delivered by Level 2 Development. A total of 432 luxury residential will lease up in the 11-story building.
Union Market is fast-becoming a destination that reflects some of the exciting facets of restaurant and real estate development that is reshaping Washington, D.C. La Cosecha brings a Lain experiential food and retail marketplace like no other. Edens, the retail developer of La Cosecha, revealed some of the details when it announced the first set of stores and eateries to open early this year. Now, additional restaurants have been unveiled for the food hall + retail venue.