Legislative proposal would eliminate contracting preferences for minority, women-owned businesses
May 10, 2026
JBG Smith Seeks To Replace Tysons Office Building With Apartments, Retail
May 10, 2026The transformation of 250 acres between the National Mall and D.C.’s southwest waterfront is poised to be one of the most impactful redevelopment efforts in the history of the nation’s capital.
The government this year has begun to sell some of the first of many brutalist midcentury behemoths that define the neighborhood in both their size and emptiness.
In March, the General Services Administration sold a nearly 1M SF structure near L’Enfant Plaza to a private developer. The next in line, the L-shaped Liberty Loan building at the Tidal Basin, is under contract, with the buyer reportedly looking for financing. And more big properties are slated to follow.
As the GSA starts to sell these buildings, no overarching plans have yet been released to dictate how the redevelopment of the neighborhood will take place and guide what it will look like decades from today.
But the government is moving forward with speed, and that’s causing concern among public and private leaders in D.C.’s urban development arena.
