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Mayor Gray, E Street Development Group and District Officials Break Ground on Fire Station and Hyatt Place Hotel in Southwest

Friday, December 6, 2013

Mayor Gray, E Street Development Group and District Officials Break Ground on Fire Station and Hyatt Place Hotel in Southwest

Mixed-Use Building Will Include Community Space and Retail

(WASHINGTON, DC) – Mayor Vincent C. Gray, Deputy Mayor for Planning and Economic Development Victor L. Hoskins, Deputy Mayor for Public Safety and Justice Paul Quander, Fire and Emergency Medical Services Chief Kenneth B. Ellerbe, Department of General Services Director Brian Hanlon and members of the E Street Development Group gathered today to break ground for a new mixed-use building at 400 E Street SW.

The site will be the future home for the District’s second Hyatt Place Hotel and a new, state-of-the-art fire station that will replace Engine Company 13, now located at 450 6th Street SW.

“This project is another example of the collaborative spirit that we have tried to encourage between the public and private sectors in order to serve District residents and visitors,” said Mayor Gray. “It will provide job opportunities, spur economic growth in the community and improve our public-safety infrastructure by housing a new fire station.”

Upon completion, 400 E Street SW will be an innovative, mixed-use building designed to create the effect of two distinct buildings. The Hyatt Place lobby and parking entrances will be located on the 400 block of E Street SW. The fire station entrance and apparatus bays will be located on the 500 block of 4th Street SW.

“Engine Company 13 has been a part of this community for more than 100 years,” said Chief Ellerbe. “This new facility reinforces our commitment to stay in this neighborhood and to protect and serve its residents and visitors.”

A small retail venue will be located on the corner of 4th and E Streets. The Hyatt Place will have 214 guest rooms, a meeting space, an outdoor pool, a fitness center, and a rooftop bar.

“400 E Street SW is a complex, mixed-use project that will add to the vibrancy of this area,” said Geoffrey Griffis, a managing member of E Street Development Group. “We have already begun work on the second phase of this project, which will be a 310,000-square-foot office building with substantial ground-floor retail at 6th and E Streets SW, where the existing fire station is located, and which will finish off the new development in this area.”

The hotel and fire station are financed by a $65 million construction loan provided by Capital FireStation LLC, an affiliate of the federally designated DC Regional Center, which raises capital through the EB-5 Immigrant Investor Visa program.