The District of Columbia's Office of the Chief Financial Officerand the Department of Consumer and Regulatory Affairs are scheduledto occupy 401 M St. SW in 2009.
The Waterfront project is jointly owned by Forest CityWashington, Vornado/Charles E. Smith and Bresler & Reiner Inc.,according to Forest City's website.
Forest City's other major DC initiative, the Yards or SoutheastFederal Center as the project was formerly called, is alsoprogressing, the company says. The 42-acre mixed-use project hasnow received approval for the master plan and expects to begininfrastructure development in late 2007 or early 2008. The$1.7-billion redevelopment project will include 2,800 residentialunits, 1.8 million sf of office, 400,000 sf of retail as well as apublic park and river walk.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
