The development plan calls for the construction of 126 condominiums and 6,000 square feet of ground-floor retail space, according to Metro. The site is now home to a Metro air conditioning facility that cools the air within the Navy Yard and Waterfront stations.
Metro said the developer would incorporate the cooling facility into the building and will use temporary equipment to keep the stations’ temperature comfortable during the construction.
Construction could begin in 2016, according to Metro.
The Post’s Jonathan O’Connell reported earlier this year that Metro has tried selling or leasing this site in the past and that one of the challenges for developers had been replacing the chilling facility.
The plan addresses residents’ calls for more condos in this part of the District, which has seen a boom of development in the past decade. The site is within steps of Nationals Park and in an area that will soon be home to a Whole Foods Market and a Harris Teeter.