1101 4th Street, SW

WASHINGTON, DC—DC Mayor Bowser announced the winning development team for relatively small parcel at 1000 Fourth St. SW during her March Madness event, held last week,

A team led by PN Hoffman, one of the developers of The Wharf, was selected to develop Waterfront Station II, a vacant site at that address. Specifically, according to the Washington Business Journal:

PN Hoffman, Paramount Development, ER Bacon Development, CityPartners and AHC Inc. have won the right to develop Waterfront Station II, a 59,000-square-foot lot at 1000 Fourth St. SW. Their winning plan, designed by Torti Gallas, includes 310 market-rate apartments, 133 affordable units (30 percent of the total), a 10,000-square-foot black box theater and roughly 22,500 square feet of neighborhood-serving retail.

One Piece of a Bigger PUD

This is clearly a laudable win for the developers, given all that is happening along the Anacostia waterfront, to say nothing of the prime location (the parcel is about one block from the Waterfront Metro Station, less than half a mile to the Southwest Waterfront and less than one-mile to the Nationals Park).

It also happens to be one of the last remaining parcels in this PUD that remains undeveloped, according [PDF] to the District's Request for Proposal.*

The site itself is a 59,044-square foot parcel that the District originally envisioned as well suited for a residential building with ground floor retail or municipal services. Also called the Northeast Building Site, the site is located on the east side of 4th Street, SW, between M and I Streets, SW.

In other words, it occupies the northeast corner of “record Lot 89 in Square 542” otherwise known outside of municipal circles as Waterfront Station, the two-stage Planned Unit Development that includes the construction or rehabilitation of eight buildings totaling 2.5 million square feet on land formerly occupied by the Waterside Mall and the US Environmental Protection Agency.

Most of the PUD has been developed, with commercial buildings located at 1100 and 1101 4th Street, SW and two residential apartment buildings located at 1150 and 1151 4th Street, SW, the RFP said.

There is also a residential building at 1001 4th Street, SW, currently under construction.

* An earlier version of this article stated this was the last undeveloped parcel in this PUD. In fact two of the eight original buildings remain undeveloped.

1101 4th Street, SW

WASHINGTON, DC—DC Mayor Bowser announced the winning development team for relatively small parcel at 1000 Fourth St. SW during her March Madness event, held last week,

A team led by PN Hoffman, one of the developers of The Wharf, was selected to develop Waterfront Station II, a vacant site at that address. Specifically, according to the Washington Business Journal:

PN Hoffman, Paramount Development, ER Bacon Development, CityPartners and AHC Inc. have won the right to develop Waterfront Station II, a 59,000-square-foot lot at 1000 Fourth St. SW. Their winning plan, designed by Torti Gallas, includes 310 market-rate apartments, 133 affordable units (30 percent of the total), a 10,000-square-foot black box theater and roughly 22,500 square feet of neighborhood-serving retail.

One Piece of a Bigger PUD

This is clearly a laudable win for the developers, given all that is happening along the Anacostia waterfront, to say nothing of the prime location (the parcel is about one block from the Waterfront Metro Station, less than half a mile to the Southwest Waterfront and less than one-mile to the Nationals Park).

It also happens to be one of the last remaining parcels in this PUD that remains undeveloped, according [PDF] to the District's Request for Proposal.*

The site itself is a 59,044-square foot parcel that the District originally envisioned as well suited for a residential building with ground floor retail or municipal services. Also called the Northeast Building Site, the site is located on the east side of 4th Street, SW, between M and I Streets, SW.

In other words, it occupies the northeast corner of “record Lot 89 in Square 542” otherwise known outside of municipal circles as Waterfront Station, the two-stage Planned Unit Development that includes the construction or rehabilitation of eight buildings totaling 2.5 million square feet on land formerly occupied by the Waterside Mall and the US Environmental Protection Agency.

Most of the PUD has been developed, with commercial buildings located at 1100 and 1101 4th Street, SW and two residential apartment buildings located at 1150 and 1151 4th Street, SW, the RFP said.

There is also a residential building at 1001 4th Street, SW, currently under construction.

* An earlier version of this article stated this was the last undeveloped parcel in this PUD. In fact two of the eight original buildings remain undeveloped.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.