Metro stations have served as anchors of development in the D.C. area for decades, but over the last 13 months those stations have been quieter than ever.
The ridership drop caused by the coronavirus pandemic has yet to recover, and the increased prevalence of remote work leaves experts uncertain about how quickly it will rebound, but this isn’t stopping developers from planning new major projects around the stations.
Several developers and WMATA’s head of real estate, speaking Wednesday on Bisnow’s Connectivity and the Future of Greater D.C. Transit-Oriented Development digital event, said they still have enough confidence in the future of transit usage to move forward with billions of dollars worth of development around these stations.
Click here to read the rest of the article written by Jon Banister over at Bis Now
