Development Near Nationals Park May Actually Be Resuming

So remember when Nationals Park was supposed to be the key to revitalizing the neighborhood around Half Street? I do too. Then, the economy crashed, and all the development firms who were investing in the area had to put their efforts on hold due to a lack of resources. The end result is that fans continue to seen endless "coming soon" signs as they made the trek from the metro to the stadium.

But here's some good news: there's one group that's resuming their building efforts. Forest City Washington, a local branch of a Cleveland development firm, will reportedly resume building a $60 million, 170-unit luxury apartment complex that they stopped doing in 2008, according to the Washington Post.

The luxury apartments will fill a former Navy industrial building a few blocks east of the ballpark, part of a planned 42-acre Forest City development called the Yards on the site of the former Southeast Federal Center. Ultimately, the apartments will be surrounded by office buildings, retail outlets and more than 2,000 other housing units. The city is near completion on a 5.5-acre public park there.    

Before we go crazy, this is the only project that is supposed to resume in the area. Not all projects can receive a $47.7 million bond from the D.C. Housing Finance Agency, and there are currently no plans for any other projects to resume. But it's a start, and as anyone who followed the revitalization of Chinatown knows, it's not something that happened overnight. 

Here's hoping this is the start the area needs. 

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation DC

You must be a member of SB Nation DC to participate.

We have our own Community Guidelines at SB Nation DC. You should read them.

Join SB Nation DC

You must be a member of SB Nation DC to participate.

We have our own Community Guidelines at SB Nation DC. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.