861 New Jersey Avenue Update


650K SF Mixed-Use Project Planned for 7.3 Acre Site in Capitol Riverfront

Oxford PropertiesGreystar, and J.P. Morgan Asset Management are planning a 650,000 square foot mixed-use project on the 7.3-acre site purchased from CSX Transportation last month for $67.5M. The project would include around 750 rental units and 42,000 square feet of coworking space between two 13-story buildings. The development would also include 70,000 square feet of amenity space and a parking garage with 357 spaces. The development team hopes to start construction before the end of the year. 

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