 |
Maritime Plaza, as indicated by the adjacent aerial photo, is a 12-acre site ideally located at the East End of the Washington, D.C. Naval Yard. Maritime Plaza has ten-minute walking access to Building 197 on the Navy Yard. The site is in the heart of a superb network of transportation arteries including I-395 (6th/7th Street exit), I-295 (11th Street Bridge exit), M Street and South Capitol Street. As the Washington Navy Yard submarket grows, Maritime Plaza (Phase I-IV and the on-site hotel) will become the preeminent site for defense contractors who need to co-locate with NAVSEA. Other ongoing activity in the submarket includes: The M Street Beautification Program - The D.C. Government has completed a ten million dollars restoration and beautification project of M Street in addition to a large percentage of the side streets. These improvements have been extended past the 11th Street Bridge in front of Maritime Plaza. Marine Corps Barracks - The Marine Corps has purchased a former housing project adjacent to I-395 near the 6th Street / 7th Street exit. The Marine Corps is converting these abandoned buildings into barracks for enlisted Marines. Southeast Federal Center - Approximately 65 acres of federally owned land adjacent (west) to the Navy Yard. Southeast Federal Center, once part of the Navy Yard, will become a mixed-use project including one or more large federal agencies and museums. The Department of Transportation has signed a lease for 1.2 million square feet that will deliver in 2006. The department of transportation recently announced that it will be relocating 1.35 million square feet of office space from southcast federal center in several years.
|
