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Formally the Walter Reed Medical Center, “The Parks” is a 66-acre redevelopment located in Washington, D.C.. The mixed-income development notably includes 2,100 units of housing, of which 400 are affordable. Furthermore, 77 units permanently support veterans who have previously experienced homelessness. Using REMI’s dynamic PI+ and SEI model, we will analyze the socioeconomic impact of the mixed housing development, particularly the impacts on the veteran population.

We will consider construction costs, companies hired, employer demographics, and the economic benefits and detriments of the Walter Reed Project. We will also discuss the long term implications of this housing development with the goal of reducing socioeconomic disparities.