22 Capital Partners Launches $500 Million Gramercy District Mixed-Use Project Near Washington, D.C.

by Katie Sloan

Chantilly, Va. — 22 Capital Partners has announced plans to build the $500 million Gramercy District, a “smart city” mixed-use project in Chantilly, just outside of Washington, D.C.

The 2.5-million-square-foot development will include a residential, retail, hotels, offices, outdoor plazas and public spaces. Phase I of Gramercy District will include a 268-unit apartment building, 25,800 square feet of ground-floor retail space and 25,000 square feet of open plaza space for pop-up retail stores. The project will eventually include a 250-room hotel and two office buildings.

Trinity Group Construction and the Tishman Construction unit of AECOM will build the project, which DVA Architects will design. Greystar will provide pre-construction consulting and property management services. The four firms join existing development partners, including Bowman Consulting Group, McGuire Woods, Benton Potter & Murdock, Microsoft, the Center for Innovative Technology and the George Washington University.

This announcement follows the formation of 22 CityLink, a technology company developing the “smart city” platform that will be used for the development of Gramercy District.

—   Nellie Day

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