Washington, DC (November 18, 2011) – Roadside Development, the community-focused Washington, D.C.-based real estate development firm, along with Mayor Vincent Gray, Acting Assistant HUD secretary and Federal Housing Administration (FHA) Commissioner Carol Galante, and District of Columbia Congresswoman and Eleanor Holmes Norton, officially commemorated the commencement of work on CityMarket at O, a one-million square-foot mixed-use development in the historic Shaw neighborhood at 7th and O Streets NW on Friday, November 18th.
The development will also include retail and restaurants, over 500 vehicle parking spaces, 300+ indoor bike parking stalls, a 270 linear foot rooftop dog park and a 182-room Cambria Suites hotel.
This Cambria Suites hotel will offer all-suite guestrooms, an expanded food and beverage area and a rooftop featuring a pool, fitness center and an outdoor patio with views of the U.S. Capitol and the National Monuments. Designed as a lifestyle hotel brand, Cambria Suites offers more than just a place to sleep at night.
It features a larger lobby (like this!) to give guests a more social atmosphere, all-suite rooms that are larger than standard hotel rooms and include separate living, working and sleeping space, providing business and leisure travelers a haven to relax, socialize and network.
CityMarket at O is one of 14 infrastructure projects around the country selected by the Obama administration to be expedited through the permitting and environmental review process. The project will generate over 2400 jobs.
The development project, a landmark project for Housing Urban Development (HUD), is the only mixed-use development (and non-infrastructure project) to be fast-tracked for funding by the Obama administration. A key component in the revitalization of the Shaw neighborhood, CityMarket at O will boast 635 residential units, 84 of which are set aside for seniors which will also be affordable, 401 market-rate apartments, and 150 high-end condominiums.