WASHINGTON, DC-The District of Columbia has launched its search for a master developer to transform the storied Walter Reed Army medical center complex into a massive mixed-use community.
The District has released a request for qualifications for potential developers that would acquire the 67-acre property and develop residential, retail, office and institutional space there.
“At this point we’re just looking at qualifications,” Martine Combal, director of the Walter Reed Local Redevelopment Authority, said of the issuance of the RFQ,
Interested developers have until March 15 to respond to the RFQ and later respond to a request for proposals by June. The District expects to select a winning developer by July and start negotiations on the terms of a long-term ground lease, according to the Washington Business Journal.
The District’s reuse plan for Walter Reed calls for 90 townhomes, 1,864 apartments or condominiums, 767,000 sf of office, 212,000 sf of retail and 176,400 sf of other uses. See story in the Washington Business Journal.