, First & M Streets, SE
Developer Name: McCaffery Interests / Grosvenor / Skanska
Status of Project: Planned
Anticipated Completion: 2015+
Square Footage Retail: 43,000
Square Footage Office: 224,000
Number of Residential Units: 325
Number of Hotel Rooms: 170
Retail Leasing Contact
Square 701 will be a 650,000 square foot mixed used project developed by McCaffery Interests, Grosvenor Americas and Skanska USA Commercial Development. Skanska will develop a 224,000 class A office building at the corner of First and M Streets, SE and will attempt to achieve LEED Platinum certification. The office building will sit just one block from both exits/entrances to the Navy Yard station on Metro's Green Line and also include 140 below grade parking spaces.
McCaffery Interests & Grosvenor Americas will develop a 170-key hotel in the middle of the block fronting on First Street, SE between M Street and N Street as well as 325 residential units. The residential building will also include 180 below grade parking spaces.
The entire project will feature a total of approximately 43,000 square feet of ground floor retail space.
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