MRP Realty and CAS Riegler, both located in Washington, DC, have been selected to build a mixed-use development on the transit agency's property outside the Brookland station. The Metro's Board of Directors will still need to approve the team selected by the joint venture, but construction is expected to start as early as 2016. The joint venture will negotiate a development agreement with Metro for 2 acres at the Brookland Metro, to include 280 residential units and 9,000 square feet of retail for the Metro property, and must also include a new, 35-space Kiss and Ride lot, according to a Washington Business Journal report.
The site is attractive to developers in part because of the Red Line station and its location across the street from one of the biggest developments under construction in the District, the $200 million mixed-use Monroe Street Market, according to a Washington Post article. Developed by Jim Abdo, Pritzker Realty Group and the Bozzuto Group with Catholic University, Monroe Street Market is well on its way to becoming home to a bevy of new restaurants, a new book store for Catholic University and artists' housing. Some restaurants and stores are already open and artists are now occupying studios along a pedestrian Arts Walk.
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