WASHINGTON, DC-The Anacostia Waterfront Corp. has selected five development teams out of 17 original bidders for further consideration to redevelop 47 acres of publicly owned land along the Southwest Waterfront slated to be transferred to AWC. The Request for Expressions of Interest was issued by AWC with a May 1, 2006 submission deadline.

The short-list of developers consists of: EastBanc–LNR Waterfront Partners; Madison Marquette/KSI Waterfront Partners; PN Hoffman/Streuver Brothers Eccles & Rouse; SW Waterfront LLC; and the John Buck Co. The Southwest Waterfront Small Area Plan, developed as part of the Anacostia Waterfront Initiative, calls for the creation of an urban mixed-use neighborhood with residential housing, 14 acres of parks and open space and an expanded riverfront anchored by public plazas that provide access to the water. For previous coverage, click here.

“We plan to move expeditiously to complete the selection process so that the transformation of the Southwest Waterfront can begin,” says Adrian Washington, president and CEO of AWC. It is anticipated that the final selection process will be completed by the end of summer.

Kurt Ivey, senior vice president of marketing and communications for Madison Marquette, tells GlobeSt.com he believes the reason why Madison Marquette’s proposal made the cut is because its team included companies expert in retail, hotel and cultural development. Madison Marquette’s bid includes close to 300,000 sf of retail development, 87,000 sf of office development, 868,000 sf of residential, 360,000 sf of hotel and 150,000 sf of cultural development.

The next stages of AWC’s bidding process are unclear, Ivy adds. “This is an important development not only for the District but the entire region. We are anxious to determine what the next steps should be.”

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