Allen Investment Partners Buys Greyhound Station for $19.8M

Allen Investment Partners entities purchased the former Greyhound station property at 2910 N. Arthur Ashe Blvd for $19.8 million, according to city property records. The purchase was completed through two deals: 3 acres for $14.9 million on April 2 and 2 acres for $4.9 million on April 3.

The 5-acre site is planned to be redeveloped into a 7-story complex with 386 apartments, 14,000 square feet of retail, a 388-space parking deck, 55,000 square feet of amenities, and three courtyards. Plans also include a potential second future building that could bring total units to over 630. Work is scheduled to begin in Q2 2026, with the project team including Pointsfive, Madison Realty Capital, and Walker & Dunlop, plus local design and construction firms.