Top 4 Developments: U And H Street Corridors
Portner Flats/1441 U St
Developer: Somerset Development Co, Jonathan Rose Cos, High Street Residential
Formerly the site of Section 8 housing, Portner Place will soon be reborn as Portner Flats. In July, Somerset teamed with JRCo to close on the financing of the project, which will feature 96 units of affordable housing in the 1400 block of U and V streets NW.
While Somerset and Jonathan Rose develop the affordable piece of the development, High Street Residential, a subsidiary of Trammell Crow Co, is developing 1441 U St NW next door, a 288-unit, market rate apartment project that will have 15k SF of retail on the ground floor.
13 | U
Developer: The JBG Cos
13 | U is a new residential building that will soon stand tall at the corner of 13th and U streets NW. The building will hold about 130 apartments and 15k SF of street-level retail.
The project, whose construction hasn't helped U Street's late night traffic—both pedestrian and the many cabs and Ubers ferrying the fêters—is the latest from JBG, which is the dominant presence on U Street, all the way down to its North End Shaw developments, The Shay and Atlantic Plumbing, on the east end of the corridor. The RiteAid it replaced will go back in the ground floor when it opens.
Anthology
Developer: Jair Lynch Real Estate Partners
As featured in our developer Q&A, this $100M development brings more than 300 residential units and 10k SF of retail to 625 H St NE.
Standing at nine stories, the luxury building reflects the upscale urban vibe the new H Street is trying to encapsulate. Residents can enjoy a rooftop pool and unobstructed views of the US Capitol. It's across the street from the next development in our list.
The Apollo
Developer: Insight Property Group
It's often said—both seriously and satirically—that the hallmark of a neighborhood on the rise is the arrival of a Whole Foods Market. Insight has made sure H Street fits that bill.
After acquiring 616 H St NE for $10M in fall 2011 and the adjacent parcel in spring 2014 for $12M, Insight set out to redevelop them into a high-end, mixed-use project that will offer the corridor about 430 residential units and 70k SF of retail.
A large portion of that retail will be dedicated to the incoming—and much anticipated—Whole Foods. The building just started pre-leasing, but the organic grocer won't open until next year.