The Southwest Waterfront is a 47-acre site along the Washington Channel that stretches from the historic Fish Wharf to Ft. McNair. The District is negotiating with a team of developers to redevelop the site. The redevelopment program will follow the Southwest Waterfront Small Area Plan, approved unanimously by the DC Council in 2003. The plan calls for a true urban destination that mixes maritime activity and commerce with culture and housing to create a vibrant neighborhood within easy walking distance to the National Mall. The vision includes restaurants and shops with new residences located above, a new hotel, a cultural anchor, marinas, 14 acres of parks and open space, and an expanded riverfront promenade anchored by major public plazas and new piers to increase public access to the water.

Development team: Hoffman-Stuever Waterfront (PN Hoffman and Struever Bros. Eccles & Rouse)

Neighborhood Investment and Economic Opportunities:

• $100 million in infrastructure upgrades, including new parks
• New neighborhood-serving and regional retail
• Expansion and improvements to the existing fish market to include public seating
• Maritime education opportunities
• Creation of 1,300 permanent jobs in a variety of industries
• Creation of 3,000 construction jobs
• Estimated $400 million in total contracts during the next seven years, including $140 million in contracts for certified local, small and disadvantaged businesses (LSDBEs).

• $25 million in annual tax revenue will be generated from sales, income, real estate, hotel and parking taxes.
• Improved infrastructure connecting the waterfront to the National Mall will encourage tourist foot traffic.
• Approximately 300 units of affordable housing.