What to Expect From the $1.3B Capitol Crossing Megaproject

[Renderings via Capitol Crossing]
This Tuesday, D.C. Mayor Muriel Bowser, Congresswoman Eleanor Holmes Norton, and Property Group Partners broke ground on the largest private development currently underway in Washington, D.C. The $1.3 billion Capitol Crossing project is expected to create 4,000 construction jobs, 8,000 permanent jobs, and, as Bowser put it, "more pathways to the middle class." The project, itself, entails 2.2 million-square-feet of development that will be built over Interstate 395. Capitol Crossing will span three blocks between the East End and Capitol Hill. The project will also create new I-395 entrance and exit ramps meant to improve traffic flows. Deputy Mayor Kenner described the project as creating Washington, D.C.'s first "eco-district" with buildings that will achieve a "beyond LEED Platinum" certification. The first building is expected to deliver 2017 with buildout planned 2019. A tax revenue of $40 million is expected once the project is completed.
· Capitol Crossing Will In Fact Be Built Over A Highway [Curbed DC]
· By 2030, D.C. Will Have an 'Ecodistrict' South of National Mall [Curbed DC]