Investor Presentaiton
CAPITOL CROSSING
WE ARE
WASHINGTON
DC
Project Background:
Capitol Crossing is a multi-phased, master planned
development located in Washington's supply-constrained
Central Business District bordered by Massachusetts
Avenue to the North, E Street to the South, Third Street
to the West and Second Street to the East. Capitol
Crossing is located just a few blocks from both Union
Station and the Verizon Center, and is walking distance to
the Capitol.
The seven and a half acre site of will create three new city
blocks by developing a platform over the highway. There
Project Snapshot
ADDRESS: Massachusetts Ave. & 3rd Street NW,
Washington DC 20001
GROSS SQ. FOOTAGE: 2.2M SF
TRANSIT CONNECTIONS: 2 blocks from Union
Station & Judiciary Square Metro red line stations, 3
blocks from Gallery Place Metro (red, yellow, and green
lines).
NEIGHBORHOOD: Three new city blocks connecting
Capitol Hill and the East End.
will be a new direct entrance and improved exit ramps on
and off of I-395. Over 1,100 parking spaces will make
visiting the Central Business District easier, and 440
bicycle parking spaces decrease traffic congestion.
The state-of-the-art development will offer 2.2 million
square feet of primarily commercial office and ground
floor retail space. Large public promenades will surround
new, innovative, and exciting retail concepts for the
surrounding communities.
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Project Benefits
Construction jobs: 4,000
Permanent jobs: 8,000
$1.3 billion project (no District funding)
7 acre site
1100 Parking spaces
5 mixed-use buildings
State-of-the-art upgrades to a 19th century utilities
grid increase reliability for the neighborhood and
create new infrastructure benefits for the future.
3rd Street Tunnel will align with post-9/11 safety and
security standards
Project Benefits
PROJECT STATUS: Under construction
MILESTONES:
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December 2012: Closed
May 2015: Groundbreaking
June 2015: Major construction underway in the
highway
Upcoming
First building to deliver in 2017
Infrastructure complete Summer 2018
Project completion targeting 2019View entire presentation