Nearly two years after an Austrian wellness concept started its search for a water park oasis in Washington, D.C., Therme Group has found its spot.
The District selected Therme — which operates giant, water-centric wellness oases in Europe — to anchor a mixed-use development at Poplar Point on the south side of the Anacostia River, Mayor Muriel Bowser announced Thursday at D.C.’s annual March Madness economic development event.
Therme would offer thermal baths, saunas, wet rooms, mineral pools, water slides, immersive art and restaurants among a biophilic landscape. It says it would keep the facilities “affordable and accessible” by offering discounted entry fees to seniors, students, athletic clubs and local residents.
Therme officials previously said it would cost $500M to build the project. The mayor’s office said it would generate 5,000 local construction jobs during development and 720 permanent jobs upon its completion, as well as a projected $1.5B in tax revenue for the city over 25 years.
Click here to read the rest of the article written by Emily Wishingrad over at Bisnow