Walker Group: Peebles Corp., Walker Group selected to redevelop Fifth and Eye into a hotel, branded residences

The District has selected the Peebles Corp. and the Walker Group to redevelop the D.C.-owned parcel at Fifth and Eye streets NW into a hotel and branded residences. The team, which also includes WDG Architecture, proposed a 13-story, 198-key hotel from Standard International and 59 market-rate residences for the 21,000-square-foot Mount Vernon Triangle lot at 901 Fifth St. NW, plus 100 affordable units off-site to those earning 60 percent or less of the area median income. Where those off-site…