Howard University to Build 400-Unit MXU Project in D.C.
A team of Capstone Development, Quadrangle Development Corp. and Edens have been tapped by Howard University to build a large-scale mixed-use project next to the school’s Northwest D.C. campus.
The project is slated to consist of more than 250,000 square feet of office and lab space as well as 430 multifamily units and retail. The development team plans to construct a 260,000-square-foot office and lab building on the northwest corner of Georgia Avenue and Bryant Street NW. The building will be branded as the National Research Center for Health Disparities and is aimed at attracting private pharmaceutical companies and biomedical research organizations focused on solutions to chronic illnesses affecting communities of color.
The project will also include an apartment property, which will house researchers graduate students, faculty and others. The building will include 40,000 square feet of retail and two outdoor plaza spaces. The project is slated to begin construction in 2023. Howard will retain ownership of the property and ground lease it to the development team.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.