“Westbrook Partners, a privately-owned, fully integrated global real estate firm, and MRP Realty, developers and operators of commercial, residential, and mixed-use real estate across the Mid-Atlantic region, announced today their selection as the George Washington University’s developer-partner for 2000 Pennsylvania Avenue. The 400,000 square foot mixed-use property is located at the nexus of the Central Business District and Foggy Bottom and at the front door of GW’s Foggy Bottom Campus.
“Investing in, enhancing, and preserving historic buildings in the District is a strategic challenge we seek. MRP looks forward to the opportunity to invest, enhance and reposition this iconic property” said Cristopher White, Senior Vice President of Acquisitions at MRP Realty “George Washington University is one of the most highly regarded universities in the region, and their reach is felt beyond the local students, faculty, and visitors to a more global forum. With our repositioning of 2000 Pennsylvania Avenue, we will ensure that reputation continues.”
2000 Pennsylvania Avenue includes a number of mid-to-late 19th century historic town house façades along I St that were carefully preserved and integrated to preserve the original row building streetscape. . To honor the building’s historic roots, Westbrook Partners and MRP Realty will renovate the interior retail mall, carefully curating an atmosphere that seamlessly flows between a modernized retail concourse and the well-preserved historic elements.
“2000 Pennsylvania Avenue is one of the most iconic mixed-use developments in Washington, D.C.,” said Paul D. Kazilionis, Founder and CEO of Westbrook Partners. “Westbrook is excited to partner with MRP Realty on the repositioning of this historic property located blocks from the White House and at the doorstep of the George Washington University.”
2000 Pennsylvania Avenue also boasts 52,000 square feet of retail space that will be selectively enhanced. Along with the existing tenants, including Paul and Bindaas, MRP will be welcoming new retail offerings, including the latest location of Duke’s Grocery.
The repositioned retail space will enhance the local retail experience with a dynamic retail mix supporting the needs of the student body, the working population, and the community, consistent with the I Street Retail corridor concept identified in GW’s Foggy Bottom Campus Plan.”