THE FORMER WALTER REED ARMY MEDICAL CENTER re-opened its historic gates to the public in 2017 with celebratory events, the opening of the DC International School, and outdoor community ﬁtness classes.
The joint venture of Hines, Urban Atlantic, and Triden Development plans to actively integrate the 110-acre campus with surrounding neighborhoods, which will ultimately lead to ﬁve million SF of redevelopment.
CHILDREN’s NATIONAL RESEARCH + INNOVATION CAMPUS
Children’s National Hospital is building the ﬁrst pediatric research & innovation campus in the U.S. on 12 acres on the former Walter Reed campus. The ﬁrst phase is set to open in Q4 2020 and will be home to a Johnson & Johnson J-Labs and Virginia Tech’s Biomedical Research Institute.
THE PARKS AT WALTER REED + WHOLE FOODS
67 acres of the former Walter Reed Hospital campus will be redeveloped into 2,240 residential units, 170,000 SF of retail (anchored by Whole Foods), 185,000 SF of office, 20 acres of open space, a hotel/conference center, art, and educational and medical uses.
NEW INVESTMENTS + RESIDENTIAL GROWTH
- The Brooks & The Vale is under construction and will deliver 390 residential units (89 condos) and 18,000 SF of retail space on The Parks at Walter Reed campus in Q4 2020.
- Target opened a 27,000 SF small-format store at Georgia & Eastern Avenues in 2019.
- Georgia Row at Walter Reed is a 63- unit stacked townhouse condominium project that opened in 2018 in the 7200 block of Georgia Avenue.
GREAT STREETS RETAIL SMALL BUSINESS GRANTS
Georgia Avenue is a designated Great Streets corridor. As funds become available small businesses can apply for grants to cover capital improvements and certain soft costs. In 2019, up to $50,000 was awarded per location. The corridor is also supported by the Upper Georgia Avenue Main Street program through community- based economic development.