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April 5, 2011

US Developers Break Ground on $700m Mixed-Use Project

US-based developers Hines and Archstone have broken ground on CityCenterDC, a $700m mixed-use project in Washington DC, US. The master plan for CityCenterDC was drawn up by global architectural firm Foster + Partners. The first phase of the development will see the constru

By cms admin

US-based developers Hines and Archstone have broken ground on CityCenterDC, a $700m mixed-use project in Washington DC, US.

The master plan for CityCenterDC was drawn up by global architectural firm Foster + Partners.

The first phase of the development will see the construction of six buildings housing 458 rental apartments and 216 condominiums, over 17,000m² of retail space and around 48,000m² of office space.

Plans also include the construction of 1,555 below-grade parking spaces, a new street grid and public open spaces.

The second phase of the project will include a 350-room hotel that will include over 10,000m² of retail space.

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