Howard University partners with private real estate development team to create National Research Center for Health Inequality

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Aerial view visualizationWASHINGTON – Howard University selected a team of private development companies to build a 260,000 square foot laboratory and office building located on the northwest corner of Georgia Avenue and Bryant Street in the northwest, next to Howard’s main campus in Washington DC. IN National Research Center for Health Inequalities will be a privately designed and funded project designed to engage pharmaceutical companies and biomedical research organizations that are focused on finding solutions to chronic diseases, especially those affecting communities of color.

“Howard has a long history of training problem-solving professionals who are prepared to meet and overcome the world’s greatest obstacles,” said Howard University President. Wayne A.I. Frederick… “This national research center will support Howard Forward’s strategic plan by empowering us and creating a community where the world’s best minds, thought leaders and academics can work together to address historical and contemporary health challenges and make our world healthier and healthier. … a safer place. “

The location of the research center next to Howard University College of Medicine will allow private sector companies to partner with Howard University faculty to research and develop innovative solutions, including new drugs and advanced therapies. In addition, the location of the center in the Duke District commercial corridor of Howard University will allow pharmaceutical companies located in this location to have greater access to Howard’s numerous and talented alumni.

After a thorough and exhaustive competitive selection process, the university sought to move forward with a program that brought an overarching vision of job growth and housing with significant local and national impact. The project development team consists of Capstone Development, Quadrangle Development Corporation and EDENS… Howard University and its development partners are currently in talks with potential tenants and plan to begin construction on the project in 2023.

In line with its strategy of leveraging long-term lease structures, Howard University will maintain simple ownership of the property and contribute to the development’s financial success. The project also fulfills Howard’s desire to revitalize the Georgia Avenue corridor and create significant opportunities for diverse, equitable and inclusive business participation. As a result, the African American development firm will own a significant stake in the project, and in addition, contractors and consultants from different owners will be involved in the planning, design and construction of the property.

“We are constantly pushing boundaries by developing innovative products and structuring deals to optimize value for Howard University. With a sizable Georgia Avenue façade reimagined as an active pedestrian street with opportunities for community interaction, outdoor dining and open spaces, this project will feature prominently in Howard’s Southwest Campus Development Initiative and seamlessly connect the main campus with amenities and emerging public spaces. … in this fast growing community, ”said Howard’s Real Estate CEO Anthony Freeman… “Howard is proud to work with a team of highly skilled developers to realize this transformative vision.”

In addition to the laboratory and office building, the project will include approximately 430 rental apartments intended to accommodate researchers, university faculty, graduate students and the general public, as well as approximately 40,000 square feet of neighborhood-oriented street-level retail space and two open space for university and social events. In addition, the project will contribute to the reintegration of the area’s street network by expanding Bryant Street west to 8th Street.

About Howard University

Howard University, founded in 1867, is a private research university made up of 14 schools and colleges. Students complete over 140 study programs leading to bachelor’s, master’s and professional degrees. The University works with a commitment to excellence in truth and service and has produced one Schwartzman Fellow, three Marshall Fellows, four Rhodes Fellows, 12 Truman Fellows, 25 Pickering Fellows, and over 165 Fulbright Fellows. Howard also graduates several more African American PhDs on campus. recipients than any other university in the United States. For more information on Howard University visit www.howard.edu

Media Contact: Misha Cornelius, misha.cornelius@howard.edu

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