The second phase of the Bryant Street redevelopment just north of Rhode Island Avenue will include 695 units (66 affordable) in multiple buildings, a grocery store, retail, community investments, and an extension of the street grid. The project anticipates an additional $33.5 million in tax-increment financing to assist with site preparation, including removal and disposal of contaminated soil, which will require Council action. In the meantime, Kraken skating rink and art exhibitions temporarily occupy existing buildings.
The project builds on Bryant Street Phase 1 near the Metro station, now complete, includes 487 units, 91,287 square feet of retail (including Alamo Drafthouse Cinema, Metrobar, and Bryant Street Food Hall), and a pedestrian bridge to the Metro station. Phase 1 utilized $17.3 million in tax-increment financing. At full buildout, the Bryant Street project by MRP Realty will total 1,200 housing units and 250,000 square feet of retail across 13 acres.
September 2023: MRP Realty presents to ANC 5F, answering questions from the community. I voted for ANC5F-25-056 to request an extension of tax-increment financing to assist site preparation work.
February 2025: The Deputy Mayor for Planning & Economic Development (DMPED) reported to the DC Council that they continue to work with the Chief Financial Officer to prepare legislation to authorize tax-increment financing.