“The Japanese developer likely will pay 10 billion yen to 20 billion yen ($88 million to $176 million) for the building and roughly 40,000-sq.-meter property located 10 minutes or so from the White House by car. Sekisui House plans to remodel the 60-year-old brick structure into a shopping center while maintaining its stately facade, as well as build luxury condominiums on vacant land.”
Update Full press release:
“Roadside Development, a privately held commercial real estate firm and its joint venture partner NORTH AMERICA SEKISUI HOUSE, LLC (NASH), are pleased to announce the purchase of the iconic Fannie Mae Headquarters located at 3900 Wisconsin Avenue in Washington, DC. The acquisition includes a 228,000 square foot building and approximately 10 acres of land. (more…)
On a personal note, thank you God. This is the long vacant dry cleaners that was once planned to be a Pie Five Pizza Co. in between Cava Grill and Nando’s Peri Peri. And now fantastic news (for those who live/work nearby) from Jessica Sidman:
“Sushi burritos are coming to Tenleytown. Buredo is opening at 4235 Wisconsin Ave. NW.”
4600 Wisconsin Avenue, NW at Brandywine courtesy District Taco
From a press release:
“District Taco is opening its eighth restaurant on Monday, October 17th, 2016. The restaurant is located at 4600 Wisconsin Avenue NW in Washington, D.C.
Regular business hours start at 11 am. District Taco expects a positive turnout so it is best to arrive prior to the opening time. The first 50 customers in line will receive a District Taco goodie bag of swag.
As a company that encourages philanthropic outreach, District Taco actively partners up with non-profits located near the restaurant sites. For the Tenleytown grand opening, District Taco is hosting a fundraiser for the Friendship Place Community Center. (more…)