Capital Insights: August 4, 2025

DC Council Approves RFK Stadium Deal!

The biggest news of the week arrived on a Friday, when the DC Council approved the RFK stadium redevelopment deal.

Mayor Bowser put it best

The era of a crumbling sea of asphalt on the banks of the Anacostia is finally coming to an end. In its place, we will bring our team home and deliver a state-of-the-art, Super Bowl ready stadium for our Commanders, more than 6,000 new homes for DC residents, a SportsPlex for our kids, parks and recreation space for the community, and so much more. With the Commanders as our partner, we will deliver jobs and opportunity when our city needs them most. And we will build a campus that makes our city proud for generations of Washingtonians to come.

We can’t wait to see this become a reality. Check out Axios DC’s look at what the neighborhood could become.

The Washington Area Community Investment Fund has finalized the designs for a major renovation of the Anacostia Arts Center and says it’s raised sufficient funds to advance the project.

To date, WACIF has raised 76% — or roughly $8.4 million — of its $11 million goal, which CEO Shannan Herbet said is sufficient to cover the planned changes across the 18,000-square-foot property.

Construction will begin in November and the project is estimated to take between 9-12 months. The center will be closed during the work

JLL has been tapped to find a buyer for 301 Seventh St. SW, the first major federal office building in the District to receive such treatment under the Trump administration. The ROB, formerly home to the GSA’s National Capital Region, has been vacant since March.

The historic building, sitting on 3.4 acres in L’Enfant Plaza, is being positioned by the marketing team as a redevelopment or conversion play to residential, part of a broader vision to reimagine the Southwest Federal Center as a new mixed-use neighborhood. The building, originally constructed as a warehouse between 1929 and 1932, could also be converted to a storage facility because of the floorplate design and ceiling heights, according to marketing materials.

The existing D-8 zoning on the property allows for by-right residential, retail or commercial development.

“7th & D represents a prime opportunity to reimagine one of the best-located assets in the entire D.C. Metro region,” JLL marketing materials say.

New York’s Small Door Veterinary is plotting its next move in Greater Washington, armed with a fresh $55 million to expand its chain of clinics across the country — and double down on this market.

The 6-year-old membership vet practice, which offers primary care and telemedicine across five D.C.-area sites and 13 in total, is “actively looking to expand” in the D.C. region

Small Door has three sites in the District, a fourth in Bethesda and a fifth in McLean that went live in June.

Small Door is looking first to expand within its existing markets, which also include Boston and New York, Peyre said. It’s shooting to add a fourth market on the East Coast likely in 2027, he said.

The company would also use the funding to make operations more efficient and grow its membership. It counts roughly 30,000 members, including 10,000 locally.

That work requires Small Door to invest more in its technology and bulk up its team, he said. The company has more than 250 employees, including 80 providers across its D.C.-area clinics.

 

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