Who Will Re-Develop DC's Walter Reed Site?
Washington, DC government is looking for companies to transform the former military hospital into a mixed-use development, according to the Washington Business Journal.
The government of the District of Columbia is moving forward with plans to redevelop 67 acres of Walter Reed, former Army medical center, according to a report from the Washington Business Journal. Walter Reed is just south of Silver Spring, in the upper Northwest neighborhood of Shepherd Park.
The District envisions a plan for townhomes, condos and apartments along with retail and office space that will cost about $640 million.
A request for qualifications was issued, which invites development companies to the first stage of what will be a lengthy process to award the contract. The developer chosen will be announced in July.
“Thus far we’ve had an incredibly robust planning process, but we still have a vacant parcel,” Muriel Bowser, Ward 4 councilwoman and chair of the economic development committee, told the Journal. “We need to get going.”
Are you excited to see more housing south of Silver Spring? How will the development affect downtown Silver Spring?