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Ground Lease Signed for 3M-SF Parks at Walter Reed

Hines, Urban Atlantic and Triden Development Group entered into a ground lease with the District of Columbia to develop 66 acres of the former Walter Reed Army Medical Center campus in northwest Washington D.C. The resulting project, the Parks at Walter Reed, will be a 3.1-million-square-foot mixed-use development, consisting of new construction and adaptive reuse of existing historic structures. The development team also includes Weingarten Realty Trust and Toll Brothers.

Initial infrastructure work and demolition of the 2.6-million-square-foot hospital is scheduled to begin next year. Build-out will take approximately 10-15 years and will include 2,100 rental and for-sale housing units; close to 250,000-square-feet of grocery-anchored retail, 185,000 square feet of office space, a 200-key hotel and conference center, and 20 acres of green space.

For comments, questions or concerns, please contact Amy Sorter


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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Development
  • ◦Lease