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Friday, November 01, 2019

WBJ: "Armed ForcesRetirement Home picks new development team for overhaul of its D.C. campus"

Click on the link to read the entire Washington Business Journal post:

Armed ForcesRetirement Home picks new development team for overhaul of its D.C. campus


Alex Koma, Staff Reporter
Washington Business Journal        

The Armed Forces Retirement Home has tapped Madison Marquette and Urban Atlantic as its private partners for the massive redevelopment of an 80-acre section of its D.C. campus.          

The AFRH, the nation's oldest retirement home for veterans, announced Friday that it was provisionally selecting the two developers for the project, which is now more than a decade in the making.                     

AFRH said in a release that the developers are pitching about 4.3 million square feet of new, mixed-use development and the reuse of some old buildings as part of its plan. The project will include residential, retail, art spaces and “sports and wellness venues,” according to the release. The development team also plans to overhaul the historic power plant and hospital complex on the property, which sits adjacent to Catholic University.


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