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MARKET INFO ONLY/Not listed by BDRE: Washington, DC Arbor Place is intended to redevelop 17 acres of used car lots and blighted space at NY Ave. and Bladensburg Rd., into a massive mixed-use community. The project is expected to include 3.7m s.f. of new buildings, mostly residential, anchored by retail along New York Ave., including a supermarket, and enough amenities to be self-sustaining while the blighted entryway to DC catches up with the revitalization. The buildings will sit on top of parking for the entire facility with a central, 3.5-acre park, and a new access road next to NY Ave to service the project. Number of residential units should be from 3500 to 4000, and will consist of eight 11-story towers, some overlooking the Arboretum, with completion not likely before 2009. Torti Gallas is the main architect, built by Abdo Development.
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