WASHINGTON (DC News Now) -- There's an exciting development in D.C. planned for East of the river. Mayor Muriel Bowser announced the District selected Therme Group’s proposal to bring a massive health and wellbeing complex to Poplar Point in Ward 8. It's expected to bring 5,000 temporary con struction jobs and 700 permanent jobs. Leaders in Anacostia say it's a big deal for the economy. "You can experience art, culture, well-being and have incredible food all in one place," said Robert Hammond, President of Therme US. Cherry blossoms reach stage 4, inching closer to peak bloom That's the promise of Therme DC, developing 15 of the 110 acres at Poplar Point. Therme Group has locations across Europe and this is the first investment in the U.S. "It's really like a state-of-the-art oasis, an urban oasis for people of all ages and all walks of life," Hammond said. The project is expected to bring in $27 million a year in tax revenue and two million visitors a year to Historic Anacostia. "We envision a Poplar Point that creates jobs for residents and opportunities for businesses, and helps us draw visitors from around our region, our nation and the world," said Bowser. "People are energized by this and what it means for the future of Ward 8," said Kristina Noell, executive director of the Anacostia Business Improvement District. Noell said she visited the Therme facility in Bucharest, Romania and could imagine how an experience like that would serve her community. Therma DC will have an indoor water park with slides fit for adults and kids, multiple pools and swim-up bars, steam rooms and saunas. "This is the kind of investment that I and the Anacostia BID have been working for years to bring to our community," Noell said. Are you earning enough to ‘live comfortably’ in your city? Here’s what it takes The site is expected to include a 70-acre riverfront park and trail system and 25 acres for mixed-use development. Hammond is excited to bring Therme to Anacostia. "Everything that is happening there is already so fascinating and so exciting, so to be a part of that is a real honor," Hammond said. "And that people have said that they want us to come there is really exciting for us." It's not a done deal just yet. The District is currently working to complete the federal transfer of Poplar Point from the National Park Service to the District. That process includes a land use plan and an environmental assessment to consider uses on the site. ...read more read less