Georgetown's Capital One Branch to be Converted to Retail
Capital One bank and parking lot at Wisconsin and Q Streets NW acquired by Roadside Development and Waterview Capital Management.
![1545 Wisconsin Ave NW](https://assets.thegeorgetowndish.com/files/featured-photo/2023-08/Capital%20One%20-%201.jpg)
Capital One branch (and highly desirable parking lot) at 1545 Wisconsin Avenue in Georgetown has been acquired by D.C. developer Roadside Development and partner New York-based Waterview Capital Management LLC for $3.15 million. They plan to redevelop the property as retail.
![Capital One](https://assets.thegeorgetowndish.com/files/2023-08/Capital%20One2%20-%201.jpg)
“We’re very excited to partner with Waterview on this exciting acquisition,” Roadside partner Jeff Edelstein said. “With our long history in urban retail, we feel this property is a perfect fit for our team and we look forward to re-energizing the building with new tenancy.”
Roadside specializes in adaptive reuse projects and recently, City Ridge mixed-use development, which includes the former Fannie Mae headquarters.