An established neighborhood with a solid housing stock and access to Metrorail’s Green, Red and Yellow Lines, Fort Totten/Riggs Park is well positioned for future business opportunities.
Envisioned as a “transit village” by the DC Comprehensive Plan, local and regional markets will be served by several mixed-use developments.
Fort Totten Square, Anchored by Walmart
The $120 million project delivered 345 apartments, 130,000 SF of retail space (anchored by a 120,000 SF urban-format LEED certified Walmart) and 750 parking spaces in 2015. Addition retailers include Petco, Subway and Five Guys.
$424K / 8%
Average home closing price in 2016 / year-over-year increase (2015-2016)
ART Place at Fort Totten (Phase I)
This new $125 million mixed-use development will deliver 105,000 SF of retail/restaurant space and 520 apartments in Q2 2017.
From 2013 – 2015 the 11-acre site of the former Medstar Nursing Home at 6000 New Hampshire Avenue was redeveloped into a mix of 110 single family dwellings (up to 2,700 SF) and townhomes (1,800 – 1,900 SF).
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*All demographic data is for within 0.5 miles.