Closed to make way for construction to begin on the new Giant, anchor of the long-anticipated CityMarket at O in Shaw, with excavation planned for November, said Susan Linsky, project manager at Roadside Development.
The new 71,000-s.f. Giant will be the first completed aspect of the project, as Roadside is contractually obligated to deliver a replacement within two years of closing the old store, meaning, by September 8th, 2013.
"We're really excited," said Linsky. "However, there is a lot of work to do in advance of excavation." Facade support, utilities prep, etc.
Construction, by Clark, will be in several phases and split between the east and west parcels. The east parcel, which is mainly comprised of the Giant, will be topped with affordable senior housing (84 units), and an apartment. Although the Giant will deliver first, the other two components of the east parcel will deliver last, likely in late fall 2014 or early spring 2015.
The second phase of the project, to deliver immediately following the Giant, will be the west parcel's 181-room hotel, a 400-unit apartment unit and several retail outlets (around 16,000 s.f. in all); likely completion date of these components is late fall 2013, or early spring 2014.
A condominium, also on the west parcel, will be included in the last phase.
The 1-million-s.f. urban infill project will be built on a parking podium consisting of over 500 spaces.
Roadside believes the project will “serve as a catalyst for the revitalization of the Shaw community, one of Washington's oldest commercial, residential, and cultural districts.”
Update: East and west parcels were transposed in an earlier version of this article.
Washington D.C. real estate development news