Greysteel Lists Opportunity Zone Development Site in Washington, D.C.
Greysteel has announced the listing of a prime mixed-use, opportunity zone development site located at 45 Q Street SW in the rapidly growing Southwest Waterfront area of Washington, D.C.
This fully entitled and shovel-ready site is strategically positioned at the nexus of the city’s most dynamic neighborhoods, including Navy Yard, The Wharf, and Buzzard Point. “45 Q Street is a rare opportunity to deliver a dynamic mixed-use project in an opportunity zone between Nationals Baseball Stadium and Audi Field,” said W. Kyle Tangney, Senior Managing Director at Greysteel. “I’m not aware of another shovel-ready opportunity in the entire U.S. that features all the neighborhood and site dynamics this project has going for it.”
The property is currently entitled for a 152,245-square-foot mixed-use development that includes:
– A 78,414-square-foot Moxy Hotel featuring 182 rooms under the Marriott International brand
– 64,949 square feet of residential units
– 6,546 square feet of ground-floor retail space
– A 4,436-square-foot rooftop venue
This listing adds to the momentum of investment and transformation unfolding in the Southwest D.C. corridor, making it a standout opportunity for developers and investors alike.