$42 Million Forest City Project Breaks Ground

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Excerpt:


WASHINGTON, DC-Ground was broken yesterday on a piece of one of the District’s largest development projects – a waterfront park overlooking the Anacostia River. The 5.4-acre development is being built for $42 million in a public private partnership with Forest City Washington. It is part of the District’s plan to transform 42 acres of the former Southeast Federal Center site into an urban waterfront destination.

The Park at the Yards will include a riverfront promenade, open lawns for community gatherings and outdoor events, gardens with benches and plants, a riverfront courtyard enclosed on three sides by retail pavilions, a canal basin and waterfall, a pedestrian bridge, and the restoration of the historic Lumber Shed building. The District’s Anacostia Riverwalk Trail will run through the park. It is being funded in part with proceeds from U.S. Department of Transportation Building PILOT Bonds.

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