Forest City Unveils Vision for 3 Million-Square-Foot Second Phase of The Yards in D.C.

The second phase of The Yards will feature an additional 3 million square feet of development, including 150,000 square feet of retail and dining space. The second phase of The Yards will feature an additional 3 million square feet of development, including 150,000 square feet of retail and dining space.

Washington, D.C. — Forest City Washington has unveiled plans for the second phase of The Yards, a master-planned mixed-use development in Washington, D.C.

Phase II of the waterfront development will include an additional 3 million square feet on the western side of the property. Planned elements include 1,200 residential units, 1.5 million square feet of Class A office space and 150,000 square feet of retail and dining space. Phase II will be organized around a pedestrian-friendly street with ground-level retail and dining, extended green spaces and public gathering areas. The six-block area will begin at the intersection of New Jersey Avenue and M Street S.E., and will extend to the Anacostia River at Diamond Teague Park. The second phase of the project is expected to break ground in 2019 and deliver in 2030. At full build-out, The Yards will span 48 acres and will feature 1.8 million square feet of office space, 400,000 square feet of retail and dining and up to 3,400 residential units. In addition, The Yards will be home to the 225-room Thompson D.C. hotel, slated to open in 2020.

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