the Yards, a Forest City project. The Shed is set to be completed in the third quarter of 2013, according to a press release.
The Yards, which is one of the largest projects in Southeast D.C., has been named the best new public space by City Paper. Seven restaurants and a Harris Teeter were announced this past year in the boilermaker shops, and recently, the Alatmarea Restaurant Group of New York City announced a new Osteria Morini restaurant to open in The Yards in summer 2013.
The area was formerly the Navy Yard Annex then the Naval Gun Factory. Forest City Washington received the chance to redevelop the 42-acre riverfront property site in 2004, and construction began on several parcels within the yards in 2007.
When finished, the Yards will be a 5.5 million s.f. development, completed during three phases during the next 10 to 20 years.
The inclusion of Osteria Morini and Forest City’s offices means the building is 60 percent leased.
Washington D.C. real estate development news