Four bid to remake Hill East in D.C.
Four real estate teams are bidding to be named master developer of the 67-acre Hill East project, formerly known as Reservation 13, which would connect Capitol Hill to the Anacostia River waterfront just south of RFK Stadium with 5 million square feet of new development.
The respondents are:
• EastBanc Inc., which remade the West End and Georgetown with luxury retail, housing and hospitality, including two Ritz-Carlton hotels.
• Franklin L. Haney Co., which developed more than 15 million square feet of space made a failed bid to buy the Washington Nationals. The company has partnered with Bethesda-based Donatelli Development, Chapman Development, Combined Properties Inc., Banneker Ventures LLC and Tudor Holdings.
• Hunt Development Group. is partnering with Mosaic Urban Partners. The team also includes four D.C.-based developers, which have all worked on mixed-use projects in partnership with the city: William C. Smith & Co., Abdo Development LLC, EYA Development and the Jair Lynch Cos.
• Urban Atlantic leads another team that also includes nine other partners: Vornado/Charles E loans until payday. Smith, Trammell Crow Co., Elm Street Development, Blue Skye Development LLC, Brickstone Development, Eagle Vision Ventures LLC, Dynamis Advisors, Sun Edison and Ellis Denning Development.
The 67-acre project has been pegged as a chance to create a model neighborhood for environmentally responsible development, one that would minimize stormwater runoff — the source of 75 percent to 90 percent of pollutants entering the Anacostia River — and possible include a source of renewable energy.
D.C. officials in the office of Neil Albert, deputy mayor for planning and economic development, hoped to lure teams with a “track record of developing projects at the forefront of sustainable design initiatives,” according to the request for expressions of interest the city issued in May.