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Real Estate Company Mixes It Up Around New Nationals Stadium
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It took the Gallery Place area around the Verizon Center almost a decade to become a really vibrant commercial center. How long will it take Nationals Park/the Yards?
Currently, the area surrounding the Yards has more than 23,000 people working during the day, and that doesn't count the 40,000 plus who will attend sell-out Nationals games. We just need to provide the stores. By fall of 2009, we will be opening our first 170-unit residential building and the Boilermaker Shops, which will have 45,500 square feet of retail including restaurants, a bookstore and possibly a climbing wall. Simultaneously, our five-acre park will open to the public. All one has to do is head down to the ballpark and count the cranes to realize the baseball district will be the new D.C. neighborhood by fall 2009.
Even with the expansion of the Navy Yard metro station, it doesn't seem like there are enough roads, parking, Metro stations and other needs to accommodate a full-blown development in the area around the ballpark. Will the city need more Metro stations and buses and parking to get everyone to and from the area, even when there is no baseball being played?
Tom, I can tell from your question that you didn't go to the opening game for the Nationals. Traffic flowed and the Metro worked well. The Circulator [bus] is picking up routes in Southeast, and additional bus routes will be added as needed. It is actually faster for me to get to the Yards from Bethesda in the morning than it is to get to my office downtown.
[Editor's note: Heath went to the game.]
Will we see water transportation in the area, like the water taxi service that links parts of the boroughs in New York City?
The Yards park will have a series of beautiful piers, and we plan on having water taxi service.
Do you own Nationals tickets? Does Forest City have a box?
