The District of Columbia's Office of the Chief Financial Officer and the Department of Consumer and Regulatory Affairs are scheduled to occupy 401 M St. SW in 2009.
The Waterfront project is jointly owned by Forest City Washington, Vornado/Charles E. Smith and Bresler & Reiner Inc., according to Forest City's website.
Forest City's other major DC initiative, the Yards or Southeast Federal Center as the project was formerly called, is also progressing, the company says. The 42-acre mixed-use project has now received approval for the master plan and expects to begin infrastructure development in late 2007 or early 2008. The $1.7-billion redevelopment project will include 2,800 residential units, 1.8 million sf of office, 400,000 sf of retail as well as a public park and river walk.
The company did not return calls in time for deadline.
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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.
