DC received seven, count ‘em, seven different proposals from development companies for developing the half acre lot at the corner of 5th and Eye Streets, NW. According to the press release:
The various proposals for the site include boutique and high-end hotels, restaurants, spas fitness clubs, cafes and coffee shops, jazz clubs and live entertainment venues. Some proposals included apartments and condos, which would include affordable housing. All the proposals included at least 100 underground parking spaces.
Separately, Walnut Street Development will be developing the low slung buildings on the right into the Eye Street Lofts. PQ Living covered Walnut’s plans in a post almost one year ago. Walnut did not present a
proposal proposal as primary contractor for the 5th and Eye lot.
DC Metro Urban Diary has a nice write up too. Next up will be a meeting where the seven companies will pitch their proposals to the public. Given the list above, what would bring the most value to the community?