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Developer trio inks complex deal for thousands of new apartments by Nats Park, Audi Field

By November 9, 2022December 22nd, 2022No Comments1 min read
This article originally appeared on November 16, 2022, published by the Washington Business Journal.


A trio of developers has struck a complex deal for multiple new phases of work across Capitol Riverfront and Buzzard Point that could deliver thousands of new residential units.

Jacksonville, Florida’s FRP Holdings Inc. (NASDAQ: FRPH) and D.C.-based MRP Realty, the duo behind three fairly new developments by Nationals Park and Audi Field, have formed a joint venture agreement with landowner Steuart Investment Co. to potentially develop another seven mixed-use buildings in the same general area. The totality of the joint effort could near 3 million square feet.

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