We thought neighbors would appreciate an update on some of the large development projects happening in the nearby NoMa neighborhood. We recently learned from an article in the Washington Business Journal that the recent purchase of a 98,000-square-foot warehouse property for $56.5 million will clear the way for the Market Terminal development. The land purchased is a couple of blocks west of Union Market and bordered by the Metro tracks, Florida Avenue NE and Morse Street NE. From the article:
Market Terminal is approved for more than 1,100 multifamily units, 52,000 square feet of retail, office and a hotel.
In another Washington Business Journal article, we learned that another large NoMa development has chosen a hotel and that construction will begin this year:
The 204-room boutique hotel will be only the fourth to carry The James brand. It will serve as the hotel component of the 780,000-square-foot Armature Works project, a mixed-use development to include a 465-unit apartment building, a 170-unit condominium building, outdoor public spaces and 42,000 square feet of street-level retail.
Between these and other developments in the NoMa area, it seems like we will barely recognize the place in a few years.