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Capitol Riverfront

2007 establishments in Washington, D.C.Anacostia RiverBusiness improvement districts in the United StatesNeighborhoods in Southeast (Washington, D.C.)Washington Navy Yard

The Capitol Riverfront is a business improvement district (BID) located just south of the United States Capitol between Capitol Hill and the Anacostia River in Washington, D.C. It was created by the District of Columbia City Council and approved by Mayor Fenty in August 2007. The BID is a mixed-use neighborhood. It was a former industrial area transformed into a business center, urban neighborhood, entertainment district, and waterfront destination. The project involves adding over 9,000 new apartments, condominiums, lofts, modern office towers, 1,200 hotel rooms, one million square feet of retail amenities, two grocery stores, new restaurants, shops, and cafes. Over 33,900,000 square feet (3,150,000 m2) of office, residential, hotel, and retail space, as well as four new parks, were planned over 10–15 years. The new 5-acre (20,000 m2) riverfront Yards Park opened in fall 2010. The BID is governed by a board of directors composed of twenty property and business owners and seven non-voting community stakeholders. The BID's FY2009 budget was approximately $1.5 million and was funded by an assessment that applied to commercial property (including land and parking lots), residences of ten or more units, and hotels.

Excerpt from the Wikipedia article Capitol Riverfront (License: CC BY-SA 3.0, Authors).

Capitol Riverfront
M Street Southeast, Washington

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N 38.877 ° E -77.001 °
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300 M Street SE

M Street Southeast 300
20003 Washington
District of Columbia, United States
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The Yards (Washington, D.C.)
The Yards (Washington, D.C.)

The Yards is a 42-acre (17 ha) development on the Anacostia River waterfront in Washington, D.C. The area is at the center of the Capitol Riverfront Business Improvement District and was originally an annex of the Washington Navy Yard. The development is part of the larger Navy Yard neighborhood. In 2004, the U.S. General Services Administration awarded the property to Forest City Washington, Inc. for redevelopment into an area with 2,800 new residential units and 2,200,000 sq ft (200,000 m2) of office and retail space. The development is situated in the Navy Yard neighborhood, located just west of the historic Washington Navy Yard and east of Nationals Park. It is served by the Navy Yard – Ballpark station on the Green Line of the Washington Metro. The Navy Yard neighborhood was Washington's earliest industrial neighborhood, situated at the natural deepwater port along the Anacostia River. One of the earliest buildings was the Sugar House, built in Square 744 at the foot of New Jersey Avenue SE as a sugar refinery in 1797-98. In 1805, it became the Washington Brewery, which produced beer until it closed in 1836. The brewery site was just west of the Washington City Canal in what is now Parking Lot H/I in the block between Nationals Park and the historic DC Water pumping station. The centerpiece of the development is the Yards Park, which forms a portion of the Anacostia Riverwalk. It is a waterfront recreation area, boardwalk, and outdoor performance space at the center of The Yards development. It was built as a public-private partnership between the District government, the General Services Administration, and Forest City Washington development company. The park is operated by the Capitol Riverfront BID and has won several design and urban planning awards since it opened in 2010. Yards Park was designed by landscape architect M. Paul Friedberg.