D.C. United has reportedly selected a firm to develop sites at the foot of Audi Field, with PN Hoffman to redevelop the land.
Completed for United last summer, Audi Field is positioned as an anchor for future development on nearby sites. A few firms were apparently in the mix for the development project, but United is set to move forward with the DC-based PN Hoffman.
The firm would redevelop two properties, one two-acre site and another smaller parcel. Final details are still being sorted out, but the sites would likely be developed to feature offerings that compliment Audi Field while tying to other amenities in the area. More from the Washington Business Journal:
The District’s Major League Soccer franchise has tapped Hoffman to take on the project, final details of which are still being ironed out, according to a source familiar with the situation. Hoffman emerged as the winning bidder from what as said to be a short list including Hines, Toll Brothers (NYSE: TOL) and Cordish Cos. The District-based developer won out for several reasons including its portfolio of projects, notably its role as co-developer of The Wharf on D.C.’s Southwest Waterfront not far from the soccer stadium.
The site includes the 2-acre Parcel B, which could potentially support up to 600,000 square feet of commercial development or mixed-uses, and a smaller Parcel C, with a land area of about 10,000 square feet. Conceptually, Hoffman’s project is slated to include some sort of entertainment concept, possibly a sports bar with a stage for live music, with residential or maybe a hotel above it.
Representatives for the team and Hoffman declined to comment.
Audi Field is located in the District’s Buzzard Point neighborhood, within walking distance of Nationals Park. Plenty of new development has taken place in the surrounding area in recent years, and Audi Field was planned by United and District officials as a project to help continue the push for new development.