City Interests Pivots to Residential on Ward 7’s Parkside Development 

The Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet, has seen changes and now focuses more on residential development due to challenges in attracting office tenants, reported by Washington Business Journal.  

The Zoning Commission is reviewing a proposal to convert an office site back to residential. City Interests is now targeting neighborhood-serving retail tenants and engaging with the community. The project has faced differing opinions, but the developer continues community engagement.  

“We’ve amended it many times through the process, as opportunities came to us, and things that we thought were kind of intriguing that we wanted to do,” said Peter Farrell, managing partner at City Interests Development Partners, “This is what happens over 19 years. Life changes and conditions change. But we have this incredible community in the middle of a huge commercial environment. It’s fabulous.”