A new apartment building in southwest Washington will provide affordable housing options in an area of town that tends to be expensive.
A new mixed-use, mixed-income development is under construction at 1000 Fourth Street SW. Known as Waterfront Station II, the development is one block from the Waterfront subway station and three blocks from the wharf, which offers a plethora of restaurants, music venues, shopping, and entertainment.
Designed by architect Torti Gallas, with interior fittings by Hickok Cole, Waterfront Station II is being developed by Hoffman & Associates, the developer of the Wharf. The residential component of the project consists of 449 apartments, of which 136 (30%) will be designated as affordable housing.
The project team for Waterfront Station II includes development partners AHC Inc., CityPartners, Paramount Development, capital partners Grosvenor Americas, Merchants Capital and The Richman Group, as well as the Deputy Mayor’s DC Office for Planning and Development. Economic Development, the DC Department of Housing and Community Development and the DC Housing Finance Agency.
In addition to apartments, the 12-story, 400,000-square-foot building will include space for the performing arts, a campus of AppleTree Public Charter School, which provides early childhood education; a neighborhood restaurant by Good Company Donuts; and 7,000 square feet of more retail space for lease.
The apartments are expected to be completed in the winter of 2023 and will include 68 units available to households earning 30% of the area’s median income and 68 units available to households earning 50% of the area’s median income. The area’s median income for a household of four was $129,000 in 2021.
Most apartments will include 150-200 square foot angular balconies with glass fronts and views of the Washington Monument, United States Capitol, and the Anacostia and Potomac Rivers. The building will be equipped with solar panels for energy efficiency.
Building amenities will include indoor and outdoor spaces such as a rooftop terrace and swimming pool, second-floor courtyard, coworking and communal gathering space, fitness center, library, and lounges for entertaining and get together. The outdoor spaces will be landscaped by Michael Vergason.