News

WATCH: DC Preservation League Features Arch Square Redevelopment

April 27, 2015

DC Preservation League

The Washington DC Preservation League recently produced a short informative video on the redevelopment of 801 7th Street NW, now known as Arch Square. McCaffery Interests and Douglas Development partnered to redevelop this nearly-150 year old structure, and ultimately changed the face of one of DC's most trafficked intersections forever.

Arch Square Sold to AFIAA

March 2, 2015

Bisnow

As we reported in 2011, Douglas Development and McCaffery Interests had teamed to buy the building’s debt from its colorful landlord, Yeni Wong, then converted it to equity out of foreclosure. After a gut-rehab, they fully leased up the first and second floor retail space (to a state-of-the-art Walgreens, as well as Panera Bread and Sports Zone Elite) and the upper floor offices (mainly to Auto Alliance).

Washington DC Walgreens Flagship Store Opens

April 4, 2013

Slate.com article about the opening of the flagship Walgreens at McCaffery Interests'/Douglas Development successfully redeveloped Arch Square in Washington D.C..