Developer William C. Smith & Co., which acquired the parcel from the District five years ago, will construct the 112,000-sf shopping center, as well as 75 single-family residences on the site. The entire project will carry a price tag of $51 million. William C. Smith, lead developer, is facilitating the retail portion of the project as part of a joint venture, CHR LLC, that includes East of the River Community Development Corp.

Located in the underserved southeast neighborhood of Congress Heights, Camp Simms sits near Alabama Ave. and 13th Street. The property had been part of a larger 169-acre parcel that served as an encampment and firing range for the National Guard from 1904 to 1958. The city later came into possession of 25 acres of the parcel and just recently officially sold the land to William C. Smith for the mixed-use endeavor. The Shops' biggest claim to fame as yet is the Giant grocery store that, about one year ago, committed to opening a 63,000-sf anchor at the site.

"We know that providing quality housing is not enough to create healthy, sustainable neighborhoods," company chairman and CEO W. Christopher Smith Jr. tells GlobeSt.com. "We were fortunate to be able to add the cultural arts and recreation component this year with completion of the Town Hall Education Arts & Recreation Campus. Adding the retail opportunities brings another vital element to the community."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.