Fivesquares Development partners with non-profit organizations to unlock the value of their real estate holdings to further their missions and create value.

Fivesquares is passionate about shaping transformative real estate that inspires a unique sense of community through imaginative design, exhilarating gathering spaces, and powerful partnerships.


We are a real estate development company passionate about transforming cities and promoting transit oriented development in ways that generate public and lasting value for the communities in which we work.


ANDY ALTMAN, Managing principal

Andy was most recently CEO of the Olympic Park Legacy Company in London where he led the transformation of the 500-acre London 2012 Olympic Park - the largest regeneration project in the United Kingdom.  Andy first established himself as an internationally recognized urban planner as the Director of Washington, DC's Office of Planning where he created and directed the Anacostia Waterfront Initiative that resulted in the complete transformation of Washington's waterfront.



RON KAPLAN, principal

Ron was formerly Chief Investment Officer for ten years at Federal Realty Investment Trust and was instrumental in creating their pedestrian oriented retail division responsible for Santana Row, Bethesda Row, and Pentagon Row.  He has been involved in some of the most high profile real estate developments in the DC area in recent years including the $1 billion mixed-use redevelopment of the former DC Convention Center site and the redevelopment of the Southwest Waterfront corridor.




Paul was most recently Senior Vice President of Development as the head of design and construction for all of Vornado/Charles E. Smith’s development projects.  Prior to joining Vornado in April 2003, he spent fifteen years at The Kaempfer Company, a development firm specializing in trophy projects in the D.C. and metropolitan area. As partner and Executive Vice President of the firm he oversaw design and construction for all projects. Throughout his career, Paul has overseen over fifteen million square feet of Class A base building office and residential construction and associated interior and tenant work. He has a B.S in Civil Engineering from the University of Maryland, College Park.         


Whitman-Walker Health

Fivesquares Development is Whitman-Walker's development partner for their site located on one of the last remaining large development parcels on DC's 14th Street Corridor.  The project will house a mix of uses in its developable envelope of over 160,000 square feet.  The project received unanimous approval from the DC Historic Preservation Review Board on June 2, 2016.  

Apartments, Retail, and Office delivering Summer 2019.



Strathmore Square

Fivesquares has been designated by WMATA to develop a Transit Oriented Development community on five acres located at the Grosvenor Metro Station. 




Located in Logan Circle at the corner of 11th and M Streets NW, 10Eleven is a condominium project with 71 units, a rooftop terrace, and 4,200 square feet of ground floor retail.  Each facade has been designed to complement the surrounding buildings in the Historic District.  Delivered 2017.


Fivesquares In The News

April 1 2019 - Howard University Newsroom - “Development Team Selected For Howard University’s Highly Competitive Bond Bread / WRECO Project”

April 1, 2019 - NBC 4 Washington - 'Liz': DC Redevelopment Honors Late Actress

January 3, 2019 - Washington Post - “Why developers are offering ‘experiences’ to attract suburbanites”

August 27, 2018 - Bisnow London - "The Olympic Legacy’s White Elephant Is So Successful It Is Turning Away Tenants"


July 2, 2018 - Bethesda Magazine - "Developer Submits Garage Expansion Plan as Initial Step in Strathmore Square Project"


June 26, 2018 - Washington Post - "Do posh waterfronts make a city world-class? D.C. is betting hundreds of millions on it."


May 21, 2018 - Washington Business Journal - "Just about every major D.C.-area developer is vying to develop historic Howard U. properties"


May 8, 2018 - Falls Church News-Press - "F.C. Leaders Delighted by 6 Initial Bids on West F.C. Project"


December 5, 2017 - Bisnow - "Montgomery County Council Approves Plan For 1,500 Units At Grosvenor-Strathmore Metro"


December 5, 2017 - Washington Business Journal - "Massive development at Grosvenor Metro picks up Montgomery County approval"


August 10, 2017 - Washington Business Journal - "The forgotten peninsula: How D.C.'s Buzzard Point is primed for a makeover"


July 30, 2017 - Washington Post - "How one nonprofit is using D.C.’s luxury rental market to serve its low-income clients"


July 27, 2017 - Bethesda Magazine - "Planning Board Looks To Increase Max Building Density at Grosvenor-Strathmore Site"


July 12, 2017 - Washingtonian - "The Story Behind 14th Street’s Massive “Work It, Gurl” Mural"


June 30, 2017 - Bethesda Magazine - "Developers Push for More Housing Density in Grosvenor-Strathmore Plan"


May 17, 2017 - Bethesda Magazine - "New Pop-Up Shops Unveiled at Grosvenor-Strathmore Metro"


May 17, 2017 - NBC Washington - "Old Metrorail Car Gets Second Life as Shopping Destination"


May 17, 2017 - WTOP - "Metro car ‘kiosks’ make debut at Grosvenor-Strathmore station"


April 20, 2017 - Washington Post - "In sculptor’s hands, Metro’s old rail cars become kiosks"


February 24, 2017 - Bisnow - "Proposed Grosvenor-Strathmore Development Takes a Step Forward"


February 23, 2017 - Bethesda Magazine - "Metro Board Agrees To Allow Development Next to Grosvenor-Strathmore Station"


July 28, 2016 - Building.co,uk - "Olympic Games: Keeping the legacy alive"


July 27, 2016 - The Brookings Institution - "In Buenos Aires, a city commits to a long-neglected neighborhood"


July 13, 2016 - Bethesda Magazine - "Sketches Show Early Plans for Grosvenor-Strathmore Metro Redevelopment"


July 12, 2016 - The Brookings Institution - "The reimagination of downtown Los Angeles"


June 3, 2016 - Urban Turf - "Annabelle Selldorf-Designed 14th Street Development Receives Historic Approval"


April 27, 2016 - Washington Business Journal - "Whitman-Walker releases details on 14th street project"


April 27, 2016 - Urban Turf - "A First Look at Annabelle Selldorf-Designed 14th Street Mixed-Use Development"


March 8, 2016 - Wall Street Journal - "Going for the Revitalization Gold Around London's Olympic Park"


January 22, 2016 - Urban Turf - "Annabelle Selldorf-Designed 14th Street Mixed-Use Development Aims For 2019 Delivery"


January 19, 2016 - Dezeen - "Selldorf Architects to redevelop Washington DC HIV clinic named after Liz Taylor"


January 13, 2016 - Whitman-Walker Health - "Architect Selected for Elizabeth Taylor Medical Center Redevelopment"


January 13, 2016 - Washington Business Journal - "With new architect hire, Whitman-Walker Health officials say not to expect 'typical 14th Street retail development'"


January 23, 2015 - Bisnow - "Andy Altman is Back!"


January 23, 2015 - Washington Post - "Former D.C. planner Andy Altman returns to a neighborhood he dreamed up"


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(202) 640-4445



1 Thomas Circle, Northwest

Suite 200

Washington, D.C. 20005