More than six months after announcing plans to sell its warehouses on the Old Town waterfront, The Washington Post named contract purchasers on its two properties late Friday afternoon.
Partnering firms JBG and EYA are the buyers for Robinson Terminal South, located at 2 Duke St. DC-based development firm CityInterests is the buyer of Robinson Terminal North, located at 1 Oronoco St.
Financial terms of the deals have not been disclosed. The city values the properties at a combined $30 million.
EYA has built a multitude of communities in Alexandria in recent decades, including Potomac Greens, the Old Town Commons redevelopment of The Bland in Braddock East, and The Oronoco Waterfront Residences, which are currently under construction next to Oronoco Bay Park.
“We look forward to working closely with the Alexandria community and the City to redevelop this one-of-a-kind property in accordance with Alexandria's recently adopted waterfront plan,” reads a press release from EYA.
Peter Farrell, a principal at CityInterests, said his company plans to build a boutique hotel with accompanying residential and retail, according to a story in the Saturday print edition of The Washington Post.
Past CityInterests projects include the Mandarin Oriental Hotel in Southwest DC and a 2.1 million-square-foot office and residential assemblage in District’s NoMa neighborhood.
The warehouses, which have long been used for storage, were not included in the sale of The Washington Post to Amazon founder Jeff Bezos.
The legal representative for all three contract purchasers declined Patch’s request for comment Saturday morning.