WATERFRONT: MRP'S DOCK 79 Achieves Stabilization in 11 Months at Mixed-use Apartment Community

MRP Realty, developers of commercial, residential, and mixed-use real estate across the Washington Metropolitan region, and FRP Development Corporation today announced the mixed-use apartment community Dock79 in the Capitol Riverfront neighborhood of Washington, D.C. has achieved stabilization for the residential asset.
 
“The Capitol Riverfront is one of the most vibrant areas in Washington D.C.,” said MRP principal John Begert. “We entered this neighborhood with the intention of offering high-quality apartments and compelling, local retail and dining options to residents and neighbors, and we are overwhelmed at the response we have received. We are committed to contributing to this growth of the community as we enter Phase II of our multi development.”

Retail tenants for Dock 79 include The Salt Line, which is now open, with All Purpose and Dacha opening later this Fall and in the Spring. There is currently one remaining retail space available.

Dock 79 is phase one of a four-phase master development on the Anacostia River immediately south of Nationals stadium. Dock 79 is a 281,050-square-foot, nine-story, multifamily high-rise residential property housing approximately 305 units. More than three acres of open space will be directly accessible by all the residents, visitors and the community.

Residential amenities for Dock 79 include: a grand lobby with resident lounge and onsite leasing presence, a ground floor lounge with billiards, bar area, seating and gaming, as well as a state-of-the-art health club, rooftop swimming pool with open space and kitchen, Wi-Fi service and a business lounge and conference room. Also included is air-conditioned residential storage, retail bike and locker room facilities bike storage, 24-hour front desk service and a complete access controlled building.

Phase II will feature a 13-story, 255,000-square-foot mixed-use development that includes approximately 260 residential units and 9,000 square feet of ground level retail. Construction on Phase II is expected to commence in early 2018

To learn more, visit http://www.dock79.com