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DC Opportunity Zone Development Site Hits the Market
Greysteel has announced the listing of a mixed-use opportunity zone development site at 45 Q Street SW, located in the rapidly expanding Southwest Waterfront area of Washington, D.C.
This fully entitled property is situated in proximity to the Navy Yard, The Wharf, and Buzzard Point. “45 Q Street is a rare opportunity to deliver a dynamic mix-use project in an opportunity zone between Nationals Baseball Stadium and Audi Field,” said W. Kyle Tangney, Senior Managing Director at Greysteel. “I’m not aware of another shovel ready opportunity in the entire US that features all the neighborhood and site dynamics this project has going for it.”
The property is currently entitled for a 152,245-square-foot mixed-use project featuring a 78,414-square-foot Moxy Hotel with 182 rooms under the Marriott International umbrella, 64,949 square feet of residential units, 6,546 square feet of ground-floor retail space, and a 4,436-square-foot rooftop venue.