WASHINGTON, DC-The developer of the proposed Gateway Market Center project has eliminated the office component of its plan in favor of additional apartments, redesigned retail space and a possible hotel.
The project, spearheaded by South Carolina-based Edens Realty and landowner Sang Oh Choi, now calls for 170 to 216 residential units and 27,500 square feet of single-story retail. The developer is seeking the flexibility to replace the residential component with a 155,900-square-foot, 200-room hotel, according to the Washington Business Journal.
Edens is requesting a modification to a previously approved planned unit development "as a result of the changing real estate market in this area of the District." In 2008, the district's zoning commission approved a PUD that called for a single, 307,384-square-foot building with a two-story retail market hall, a glass curtain wall office section in the middle, and a glass and metal panel residential and office tower above. See story in the Washington Business Journal.
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