A landmark project for HUD, CityMarket at O is the only mixed-use development (and non-infrastructure project) to be fast-tracked for funding by the Obama administration, officials said. A component in the revitalization of the Shaw neighborhood, CityMarket at O will boast 635 residential units. Of those, 84 units will be set aside for seniors and affordably priced, 401 will be market-rate apartments, and 150 will be high-end condominiums.
Restoration and reconstruction of the historic 1881 O Street Market building – part of the District's original network of food markets, which included Eastern Market – is the centerpiece of the CityMarket at O project. The historic brick structure will be restored to house a flagship 72,000-square-foot Giant Food supermarket. The development also will include retail and restaurants, a 182-room Cambria Suites hotel, over 500 vehicle parking spaces, 300-plus indoor bike parking stalls, and a 270-linear-foot rooftop dog park. Officials also said CityMarket at O will bring an estimated 1,000 new residents to the Shaw neighborhood.
Construction on the Giant Food supermarket is slated to be complete by the summer of 2013. The 182-room hotel and 401 units of market-rate rental housing will open in early fall 2013. Completing the project, the 84-unit affordable senior housing building and 150-unit condominium building will be delivered in fall 2014.
In addition to Bernstein Management Corporation, Roadside Development teamed up with the District, Giant Food, D.C. Regional Center and EB5 Capital to produce the project. Other team members include Clark Construction, Bozzuto Management, Shalom Baranes and Associates, Concord Hospitality and Choice Hotels.