Urban Atlantic, Hines and Triden Development Group have financial closed and transferred two parcels of land for 400,000 square feet of new construction at The Parks, a new mixed-use, mixed-income neighborhood totaling more than 3.1 million square feet of new construction and adaptive reuse of existing historic structures in Washington, D.C. The 66-acre redevelopment is a public-private partnership with The District of Columbia.
The Parks celebrates city living in a park setting and exemplifies advances in energy efficiency and green technology. The largest privately held historic district in Washington, D.C., the new community is connected by gracious, bucolic open spaces — the “parks” — adjacent to Rock Creek Park, bringing the outdoors within easy reach.
On a 2.25-acre site, Urban Atlantic, Hines and Triden, in partnership with PGIM Real Estate, will build The Vale, a 301-unit apartment building with 18,300 square feet of retail along Georgia Avenue. The tr
