{"id":1004111124,"date":"2015-01-13T08:30:35","date_gmt":"2015-01-13T16:30:35","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=313154"},"modified":"2020-05-19T04:26:10","modified_gmt":"2020-05-19T12:26:10","slug":"mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/","title":{"rendered":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-313156\" title=\"Riverfront\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg\" alt=\"\" width=\"300\" height=\"168\" \/><\/a>MRP Realty and Florida Rock Properties broke ground last month on Phase One of the mixed-use Capitol Riverfront development. D.C. mayor-elect Muriel Bowser attended the ceremony, along with Fred Rothmeijer, founding principal of MRP; David deVilliers, president of FRP Development Group; and other government officials.<\/p>\n<p style=\"text-align: justify;\">The Riverfront is one of the few developments located on the District\u2019s waterfront. The 5.8-acre site is bounded by Potomac Avenue S.E. to the north, First Street to the east, south Capitol Street S.E. to the west and the Anacostia River to the south. The project will be developed in phases.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-313157\" title=\"Riverfront (2)\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront-2.jpg\" alt=\"\" width=\"300\" height=\"168\" \/><\/a>Phase One calls for the construction of a high-rise residential building with 281,050 square feet of space. It will have 321 units, 18,650 square feet of ground-floor retail space and 40,000 square feet of public open space. The nine-story building will also include 286 parking spaces on two below-grade levels. According to MRP, residential amenities will include a grand lobby, a club with game room, a state-of-the-art fitness center, a rooftop pool and bike storage. Phase One is expected to be completed in late 2016.<\/p>\n<p style=\"text-align: justify;\">In November, MRP and Florida Rock announced they had closed on $82 million in construction financing. First Niagara Bank is providing $65 million, with an additional $17 million in preferred equity financing through a joint venture with EB5 Capital.<\/p>\n<p style=\"text-align: justify;\">The developers plan four phases. At full build out, the mixed-use development will include 1.1 million square feet of residential, commercial and retail space designed to achieve LEED certification. It will have 600 residential units, 50,000 square feet of retail space, 325,000 square feet of office space and 325 hotel rooms.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credit: <\/em><a href=\"https:\/\/www.mrprealty.com\" rel=\"nofollow\" ><em>MRP Realty<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, December 9, MRP Realty and Florida Rock Properties celebrated the official groundreaking of Phase One of the mixed-use Riverfront development. D.C. Mayor-elect Muriel Bowser was attended the ceremony together with Fred Rothmeijer, founding principal of MRP Realty, David H. deVilliers, president of FRP Development Group, and other government officials.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1615],"tags":[],"class_list":["post-1004111124","post","type-post","status-publish","format-standard","hentry","category-washington-dc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront\" \/>\n<meta property=\"og:description\" content=\"On Tuesday, December 9, MRP Realty and Florida Rock Properties celebrated the official groundreaking of Phase One of the mixed-use Riverfront development. D.C. Mayor-elect Muriel Bowser was attended the ceremony together with Fred Rothmeijer, founding principal of MRP Realty, David H. deVilliers, president of FRP Development Group, and other government officials.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-13T16:30:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-19T12:26:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront\",\"datePublished\":\"2015-01-13T16:30:35+00:00\",\"dateModified\":\"2020-05-19T12:26:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/\"},\"wordCount\":283,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Riverfront.jpg\",\"articleSection\":[\"Washington D.C.\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/\",\"name\":\"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Riverfront.jpg\",\"datePublished\":\"2015-01-13T16:30:35+00:00\",\"dateModified\":\"2020-05-19T12:26:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Riverfront.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Riverfront.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\",\"name\":\"Adrian Maties\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"caption\":\"Adrian Maties\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adrianmaties\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/","og_locale":"en_US","og_type":"article","og_title":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront","og_description":"On Tuesday, December 9, MRP Realty and Florida Rock Properties celebrated the official groundreaking of Phase One of the mixed-use Riverfront development. D.C. Mayor-elect Muriel Bowser was attended the ceremony together with Fred Rothmeijer, founding principal of MRP Realty, David H. deVilliers, president of FRP Development Group, and other government officials.","og_url":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-01-13T16:30:35+00:00","article_modified_time":"2020-05-19T12:26:10+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg","type":"","width":"","height":""}],"author":"Adrian Maties","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/"},"author":{"name":"Adrian Maties","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"headline":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront","datePublished":"2015-01-13T16:30:35+00:00","dateModified":"2020-05-19T12:26:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/"},"wordCount":283,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg","articleSection":["Washington D.C."],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/","url":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/","name":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg","datePublished":"2015-01-13T16:30:35+00:00","dateModified":"2020-05-19T12:26:10+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Riverfront.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/mrp-realty-florida-rock-properties-break-ground-on-phase-one-of-capitol-riverfront\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"MRP Realty, Florida Rock Properties Break Ground on Phase One of Capitol Riverfront"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109","name":"Adrian Maties","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","caption":"Adrian Maties"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/adrianmaties\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/925"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004111124"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111124\/revisions"}],"predecessor-version":[{"id":1004448778,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111124\/revisions\/1004448778"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004111124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004111124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004111124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}