Ward 7 Parkside Development: City Interests Shift Focus to Residential

The Washington Business Journal reported on the Parkside redevelopment project in D.C., which covers 26 acres and 3.1 million square feet, noting a shift to focus more heavily on residential development due to challenges in attracting office tenants. The Zoning Commission is currently reviewing a proposal to convert an office site back to residential use, while City Interests Development Partners are targeting neighborhood-serving retail tenants and engaging with the community despite differing opinions from stakeholders. Managing partner Peter Farrell commented that “We’ve amended it many times through the process…Life changes and conditions change…It’s fabulous.”