Transactions - APRIL 15, 2020

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Hines partnership adds land for Walter Reed redevelopment

by Released

Hines, Urban Atlantic, and Triden Development Group along with joint venture partner, Bridge Investment Group, have closed on one-and-a-half acres at The Parks at Walter Reed to develop The Hartley, a 323-unit luxury, multifamily property, anchored by natural and organic grocer Whole Foods Market.

Construction on The Hartley is expected to begin in May 2020 with completion of the project in early 2022.

The Hartley will be the third new construction phase to commence on site with The Brooks, 89 elegantly appointed condominium residences, and the Vale, 301 apartments and 18,000 square feet of retail, currently underway. Designed with 323 rental units, including 32 affordable units, and 58,000 square feet of retail, The Hartley is the centerpiece of the vibrant Town Center, which will feature 100,000 square feet of dining, shopping, and entertainment around an active plaza fronting Georgia Avenue.

“Bridge Investment Group is excited to be involved in this iconic

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