A wave of new multifamily and retail development has moved forward around the Rhode Island Avenue Metro station, and the latest developer in the area plans to add office to the mix.
Jair Lynch Real Estate Partners and Wilkes Co. filed an application last week to rezone a series of properties along Rhode Island Avenue for high-density mixed-use development. The 2.8-acre site is directly to the west of the Metro station and across the street from MRP Realty’s massive Bryant Street project.
The application, which the Washington Business Journal first reported, didn’t detail the exact mix of uses planned for the project, but Jair Lynch Real Estate Partners CEO Jair Lynch told Bisnow the developers are including an office component in their mixed-use plans.
“The intent would be to develop office if the market would provide it, and hopefully this plan will give it the flexibility to land an anchor tenant,” Lynch said.
Click here to read the rest of the article written by Jon Banister over at Bis Now