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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.
- ◦Development
