On March 30, DC elected officials and members of the Southwest community celebrated the kick-off of construction for the second half of the mile-long waterfront redevelopment, The Wharf. The Wharf is a $2.5 billion, 3.2-million square foot waterfront redevelopment and the largest private development in the city.
At full build out, phase two of The Wharf will complete the remaining 1.25 million square feet of new mixed-use development, including office, residential, hotel, marina and retail space, as well as parks and public places.
Mayor Muriel Bowser, Congresswoman Eleanor Holmes Norton, Councilmember Charles Allen, and others joined the co-development partners of PN Hoffman and Madison Marquette in remarks which were followed by a free community celebration with a street fair complete with live music, a performance by the Amidon-Bowen Elementary School choir, children’s crafts, wine and beer gardens, and a community construction parade.
Phase one of The Wharf first opened in Oct. 2017 with water views, acclaimed restaurants, year-round entertainment and waterfront recreation. Currently, The Wharf features world-class residences, offices, hotels, retail shops, restaurants, cultural attractions, private event spaces, marinas and public places including waterfront parks, promenades, piers and docks.
At full build-out phase two will include:
- 625,000 Square Feet of Trophy Office Space (Parcels 6, 7, 10)
- 255 Apartment Residences (Parcel 8)
- 131 Hotel Rooms (Parcel 8)
- 96 Condominium Homes (Parcel 9)
- 109,000 Square Feet of Ground-Level Retail Shops and Restaurants
- 223 boat slips at The Wharf Marina
- 1.5-acre park at M Street Landing
- 2 underground garages with more than 1,000 Parking Spaces
The Wharf looks to build on the workforce successes of phase one construction—with 1,284 people hired for new positions, and 628 of those new hires being DC residents. At the completion of phase two, The Wharf will have generated approximately $70 million annually in taxes for the city.
Phase two of The Wharf is scheduled to deliver in 2022. For more information please visit www.wharfdc.com.
By Southwester Staff