Capital Insights: March 14, 2025

Developer Tishman Speyer announced Monday that its reimagination of the Mazza Gallerie mall (map) as a residential development has begun pre-leasing. UrbanTurf has also learned that Total Wine & More and TJ Maxx will be opening at the 7-story, 321-unit apartment project along Wisconsin Avenue at the end of the summer.

It’s great to see things at Maza Gallerie underway. You can check out some renderings here.

The Wharf, a $3.6B megaproject that reshaped the waterfront of the nation’s capital over the last decade, is close to being taken over by its Canadian backer.

The Ottawa-based pension fund has been a minority investor in The Wharf since its first phase began construction more than a decade ago. The talks to buy out Hoffman-Madison, a joint venture of local firms Hoffman & Associates and Madison Marquette, also include a potential refinancing of the project’s debt.

 

PSP’s deal would be one of the largest capital transactions in D.C. commercial real estate history …

The Washington area’s population grew 1.4% between 2023 and 2024 … the total U.S. population rose by 1% during that time.

Acclaimed chef Elias Taddesse, who’s cooking up something big at the Bridge District in Southeast D.C., is nearly ready to start serving up his popular Ethiopian fried chicken and dry-aged burgers from a new spot in Shaw.

Taddesse’s Mélange Foods Inc. plans new outposts of Doro Soul Food and Mélange — dueling concepts to share the same roughly 1,800-square-foot space space at 2108 Eighth St. NW in the Atlantic Plumbing development. Carryout orders for Doro, Taddesse’s fried chicken concept, will begin later this month, and the two restaurants are slated to open for dine-in service in the next month or two.

 

Taddesse is also working on a taco concept that will also operate from the space …

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