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Real Estate Near New AAMC Building

The new Association of American Medical Colleges (AAMC) building at 655 K Street in the Mount Vernon Triangle of Northwest DC will serve as the new headquarters for the organization. The site is part of a development by Douglas Development Corporation east of the Washington Convention Center and north of the current National Public Radio headquarters in Ward 2.

The Douglas Development Corp. site overlooks Mount Vernon Square and is a huge development between L, K, 6th and 7th Streets. The plan calls for 1.2 million square feet of office, retail, residential, and hotel space.

The new AAMC building on Square 451 marks the first occupant of the Douglas development. The building will be LEED Gold certified with 287,500 square feet of office, conference, and ground-floor retail space. The site was originally comprised of 13 lots plus an alley, and will incorporate four existing structures that feature masonry from the 1900s. By renovating the existing buildings and restoring the facades, the project will preserve a bit of the historic streetscape. AAMC broke ground on their new building in June 2012, with plans to move into the space in early 2014.

In addition to the new AAMC building, Square 451 may also be home to 100,000 square feet of residences, but plans have not been announced. Various businesses will be displaced from Square 451: District Crossfit will move to a new location, the auto garages will be razed, and other businesses will be moved to ground-level retail locations in the development.

While the new AAMC building in Square 451 will be on the south side of New York Avenue, an apartment building with 200 units will be on the north side in Square 450. The apartment building will be designed by Shalom Baranes and sits on the site used by the Fringe Festival for the last few years. It is also the former site of A V Italian Restaurant next to the Eritrean Cultural Civic Center. The apartment building will also house ground-level retail and restaurants, including the Waffle Shop and Hodges Sandwich. 

Douglas Development also owns the site to the west of the planned apartment building in Square 450, but details for that area are still undefined; it could be office, residential, or hotel space. But Douglas Development does have plans for the site on the northwest corner of 6th and L Streets, Northwest -- a 40-unit apartment building. 

There’s lots of new real estate coming to the area near the new AAMC building!

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