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WMATA selects firm to redevelop 5-acre College Park lot with 400-plus units, retail

By WTOP Staff

The Washington Metropolitan Area Transit Authority has selected a Providence, Rhode Island-based developer to transform a surface parking lot by the College Park Metro station into a 400-plus unit apartment project.

The WMATA board on Thursday is expected to approve a motion to negotiate and execute a term sheet with Gilbane Development Co., the firm chosen over three other bidders to develop the lot sandwiched between the Metro tracks and River Road.

Gilbane’s specific proposal calls for 430 units over 11,900 square feet of retail. A neighboring parcel will be improved as open space fronting a pedestrian plaza, while the project will leave room for the incoming Purple Line tracks and station. The developer has offered a $14.2 million payment for the site in addition.

“This is a great opportunity for transit-oriented development and particularly on this WMATA site, just steps from the College Park station as well as the future Purple Line stop right there,” said Eric Olson, executive…

First Wharf apartments open for leasing in less than a week

By Washington Business Journal
Two apartment buildings within The Wharf on the Southwest D.C. waterfront, totaling nearly 650 units between them, will begin leasing, by appointment only, on May 15. Both are expected to welcome their first tenants in the fall, if not sooner. The Channel, the largest apartment building under construction in Greater Washington at 501 units, and Incanto, a luxury, 148-unit building, are both expected to open at roughly the same time as the rest of The Wharf's 12-acre first phase — although the Incanto website suggests its first residents might be able to move in by summer.
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