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RFEI for 450 K Street

CBRE has issued a Request For Expressions of Interest (RFEI) on behalf of Douglas Development for 450 K Street NW. The flyer crafted by CBRE markets the Square 0516 Lot 0061 property as an opportunity for residential development with ground floor retail.

I would presume this RFEI indicates that Douglas Development is looking for an apartment company to partner on the project – much the way Steuart Investment recently found Paradigm for their project on L Street. Responses to the RFEI are due by July 22nd.

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Comments

  1. 1

    mds says

    Speaking of which, what is the latest rumor about what businesses/retail or types of businesses are planning to occupy the ground floor of the almost completed 425 I Street. There’s no sign yet of any activity.

  2. 2

    Steven says

    In case anyone is confused, “I Street” on the map is really 5th Street.

    The brochure also claims that the Arts at 5th & I is scheduled to break ground this year. I assume that’s outdated information, though I would be happy to learn information to the contrary. =)