MHR Capital Group Unveils Plans for Kennewick Mixed-Use Development
MHR Capital Group unveiled plans for Phase II of its master-planned hospitality and entertainment district in Kennewick, Washington.
The firm introduced The District Residences, a large-scale mixed-use residential development designed to further transform the area surrounding the Three Rivers Convention Center and the new AC Hotel by Marriott Kennewick. The design outlines an urban-style development featuring approximately 436 residential units, integrated retail space, structured parking, rooftop amenities, and pedestrian-oriented gathering spaces within Kennewick’s growing entertainment district.
The proposed development includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences. Current conceptual plans envision approximately 642,000 square feet of development, including residential, retail, amenity, and parking components.
Strategically positioned adjacent to the Three Rivers Convention Center, Toyota Center, and the AC Hotel by Marriott, The District Residences represents the next phase in MHR Capital Group’s long-term vision for a mixed-use destination in the Tri-Cities region. The project is located within a federally designated Opportunity Zone, creating potential long-term tax advantages.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout