{"id":1004606860,"date":"2022-10-14T03:18:09","date_gmt":"2022-10-14T11:18:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004606860"},"modified":"2022-12-09T00:03:17","modified_gmt":"2022-12-09T08:03:17","slug":"the-wharf-completes-phase-2-of-3-6b-dc-megadevelopment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-wharf-completes-phase-2-of-3-6b-dc-megadevelopment\/","title":{"rendered":"DC\u2019s $3.6B Waterfront Project Wraps Phase 2"},"content":{"rendered":"
\"The<\/a>

The Wharf. Image by Matthew Borkoski, courtesy of Hoffman-Madison Waterfront<\/p><\/div>\n

Hoffman-Madison Waterfront<\/strong>, the development partnership behind the $3.6 billion, 3.5 million square-foot megadevelopment on the waterfront in Southwest Washington, D.C., is celebrating the fifth anniversary of The Wharf\u2019s first phase<\/a> and completion of the second phase of the mixed-use complex.<\/p>\n

This week HMW unveiled an additional 1.5 million square feet of mixed-use space including 547,000 square feet of Class A and trophy office space and 300,000 square feet of retail space including 20 new retail and restaurant concepts. There is now more than 1 million square feet of office space at The Wharf. Retail space is 94 percent leased and new dining and retail options will be opening on a rolling basis starting this fall. Among the new restaurant concepts are two from celebrity chef Gordon Ramsey\u2014Gordon Ramsey Fish & Chips and Gordon Ramsey\u2019s Hell\u2019s Kitchen. There will also be three live music venues.<\/p>\n

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READ ALSO<\/strong>: Return to Office Sentiment Heats Up: BOMA<\/a><\/p>\n

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Bar Pendry will be opening in November at the new Pendry hotel, a boutique brand from Montage International<\/strong> that will have 131 keys, including 34 suites, as well as three bar and dining concepts. There are three other hotels operating at The Wharf for a total of 821 keys.<\/p>\n

Two new residential properties have opened\u2014a 12-story, 96-unit condominium building and a 12-story, 255-unit apartment building. The development now has a total of 1,490 residential units between condos and rentals.<\/p>\n

New office space<\/strong><\/h2>\n

Amer Hammour, chairman of Madison Marquette<\/strong>, said in a prepared statement the property, a decade in the making, has grown into a must-see destination in Washington, D.C., and essential gathering place for city residents. He said The Wharf has been incredibly resilient and continued to grow throughout the pandemic and economic turmoil. Hammour said the best tenants, users and clients are attracted to The Wharf and its trophy office buildings, diverse restaurants, hotels and music and performance venues.<\/p>\n

The new office buildings are:<\/p>\n