Posts Tagged ‘ DC United ’

D.C. United picks PN Hoffman for Buzzard Point development site – Washington Business Journal

D.C. United has selected PN Hoffman to remake a pair of sites at the foot of Audi Field in Buzzard Point, setting the stage for additional street-level activity at the foot of the 20,000-seat stadium.

The District’s Major League Soccer franchise has tapped Hoffman to take on the project, final details of which are still being ironed out, according to a source familiar with the situation. Hoffman emerged as the winning bidder from what as said to be a short list including Hines, Toll Brothers (NYSE: TOL) and Cordish Cos. The District-based developer won out for several reasons including its portfolio of projects, notably its role as co-developer of The Wharf on D.C.’s Southwest Waterfront not far from the soccer stadium.

The site includes the 2-acre Parcel B, which could potentially support up to 600,000 square feet of commercial development or mixed-uses, and a smaller Parcel C, with a land area of about 10,000 square feet. Conceptually, Hoffman’s project is slated to include some sort of entertainment concept, possibly a sports bar with a stage for live music, with residential or maybe a hotel above it.

Source: D.C. United picks PN Hoffman for Buzzard Point development site – Washington Business Journal

D.C. United in talks with four developers for Audi Field-area project – Washington Business Journal

The more valuable Parcel B becomes, the more it will pay off for D.C. three decades down the road.

Source: D.C. United in talks with four developers for Audi Field-area project – Washington Business Journal

 

Mayor Gray, D.C. United reach tentative deal on soccer stadium for Buzzard Point

Mayor Gray, D.C. United reach tentative deal on soccer stadium for Buzzard Point - The Washington Post

D.C. United executives and District officials have reached a preliminary $300 million deal to build a 20,000-seat stadium for the team on Buzzard Point in Southwest Washington.

The agreement, team and city leaders said, could end a decade-long search by the Major League Soccer franchise for a new venue that would allow it to leave RFK Stadium, where D.C. United has played since its founding in 1996 but where its investors say the team loses money every year.

via Mayor Gray, D.C. United reach tentative deal on soccer stadium for Buzzard Point – The Washington Post.