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APRIL 24, 2019

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Grosvenor Americas–backed D.C. project breaks ground

by Released

Developers Urban Atlantic, Hines and Triden Development Group have broken ground on its The Vale apartments and The Brooks condominiums at the Parks at Walter Reed in Washington, D.C.

The new mixed-use, mixed-income neighborhood will include more than 3.1 million square feet of new construction and adaptive reuse of existing historic structures. The 66-acre redevelopment is a public-private partnership with the District of Columbia.

Since the Master Development Team took possession of the site in late 2016, campus development has been rapid:

More than $300 million has been invested across the campus already. Demolition of the 2.5 million-square-foot 1970s-era Brutalist-style hospital is nearly complete, which allows retail market plaza construction t
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