MMD was part of the winning development team for the redevelopment of the Old Wax Museum site at 5th and K Streets, NW in Washington, D.C. The site, located in the Mount Vernon Triangle area of the city, was formerly a parking lot. The project was advertised and awarded through the RLA Revitalization Corporation (RLARC). The project was a key feature in the city’s plans to attract new residents and create a vibrant city life near the convention center. The $133 million redevelopment program called for a Safeway store, a Starbucks coffee shop, a dry cleaners, a bank, retail space, and condominium and apartment units. Twenty percent of the space would be set aside for affordable housing and parking.

The development team — led by Lowe Enterprises Mid-Atlantic, Inc. — included CIM Urban Real Estate Fund LP, a California-based pension fund, Bundy Development Corporation, and the Neighborhood Development Company. MMD collaborated with Torti-Gallas and Partners as architects.