As one of the largest redevelopment proposals in Washington, D.C., developer MRP Realty is planning on razing a retail center near the Rhode Island Avenue Metro station to construct 1.56 million-square-feet of residential, 245,000-square-feet of retail, and 1,992 parking spaces. The retail center, known as Rhode Island Center, will be razed to construct seven buildings with ground-floor retail, covering roughly six blocks of space. Washington Business Journal reported that the planned unit development that was filed on Wednesday calls for 1,555 residential units with eight percent set aside for affordable housing. The units will range from studios to three-bedrooms. The first of the six-phase project will redevelop two buildings into 345 units, reported the Washington Business Journal. No reports yet on when construction is expected to begin.
· MRP proposes massive development for Rhode Island Avenue Metro [Washington Business Journal]