NEWS

A rendering of the RiverPoint development
Courtesy of Akridge A rendering of the RiverPoint development on Buzzard Point.

The real estate industry has slowed down new groundbreakings during the pandemic, but a large number of D.C.-area projects are still under construction and preparing to open.

From Capitol Riverfront to Clarendon to College Park, developers are preparing to deliver thousands of new apartments, hundreds of thousands of square feet of office space, hundreds of hotel rooms and a host of new retail space in the D.C. area. These projects were spearheaded by some of the region’s biggest developers, such as Carr Properties, Douglas Development, Akridge and The Meridian Group.

The coronavirus pandemic will present these developers with new challenges they didn’t anticipate when they broke ground, from completing construction to receiving permits to leasing and managing the buildings. Bisnow took a look at nine D.C.-area projects preparing to break ground in Q4.

See the full article on BisNow

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