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Wednesday, October 08, 2008 —Mayor Adrian M. Fenty, along with executives of Florida Rock Properties, on Monday unveiled plans for more than a million square feet of development, including the first of four parks in the Capitol Riverfront neighborhood, at the foot of Nationals Park along the Anacostia River.

In May, Florida Rock received zoning approval to redevelop its concrete plant along Potomac Avenue, SE into more than a million square feet of housing, office, retail and hotel space as well as a large waterfront plaza and promenade. As a condition of the zoning approval, Florida Rock agreed to donate $800,000 to the District to help pay for the construction of Diamond Teague Park, which will be built alongside the concrete plant site, providing a green gateway between Nationals Park and the Anacostia River. Park construction begins in November and will open for next spring's 2009 baseball season.

Florida Rock's "Riverfront on the Anacostia" will include approximately 560,000 square feet of residential and hotel space - with 29,000 square feet reserved for affordable housing. It will also include about 545,000 square feet of commercial office space, at least 80,000 square feet of retail and a large waterfront plaza with a waterfront promenade. Construction could begin as soon as 2011.

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