We like to keep an eye on major developments going on in the neighborhoods near Brookland, since the they will impact us in one way or another. We first wrote about NewCityDC in February 2016. At that time we were just getting the first look at the 15 acre development which borders New York Avenue, Bladensburg Road and Montana Avenue NE. We recently learned about a major investment in the development, via this story in the Washington Business Journal. Douglas Development recently acquired 9 parcels of land for $66 million to complete the development site (they spent $8.25 million already acquiring other parcels). From the article:
Within the triangle, the developer intends to build NewCityDC, a 1.5 million-square-foot mixed-use project just down the road from its Hecht Warehouse District. According to Douglas’ marketing materials, the vision for NewCityDC includes 422 apartments, 18 townhomes, 550,000 square feet of retail, 156 hotel rooms and 2,900 parking spaces.
The site plan includes a 130,000-square-foot grocery store, a separate 100,000-square-foot retailer, a five-story hotel, a host of restaurants and junior anchors and a movie theater.
We will continue to follow this development and let you know when we learn anything major.