Construction in progress as of June 30, 2026 and December 31, 2025, is composed of the following:
| | | | | | | | | | | | | (Dollars in thousands) | June 30, 2026 | | December 31, 2025 | | Twinbrook Quarter - Other (1) | $ | 87,418 | | | $ | 86,516 | | | Ashland Square Phase II (2) | 16,738 | | | 12,620 | | | Hampden House (3) | 708 | | | 776 | | | | | | | Other | 11,552 | | | 10,038 | | | Total | $ | 116,416 | | | $ | 109,950 | | | | | | (1)Other includes infrastructure and site work necessary to support current and future development phases, and includes capitalized interest of $6.1 million and $5.6 million, as of June 30, 2026 and December 31, 2025, respectively. (2)Includes capitalized interest of $0.6 million and $0.3 million, as of June 30, 2026 and December 31, 2025, respectively. (3) Includes capitalized interest of $0.1 million as of each of June 30, 2026 and December 31, 2025. |
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