The proposed 1000 4th St., SW; Photo Courtesy of Torti Gallas Urban

On Dec. 14, developer PN Hoffman signed a Land Disposition Agreement agreement with the DC Office of Deputy Mayor for Planning and Economic Development (DMPED), marking approval for plans to build out the last undeveloped parcel within Waterfront Station, an 11-story mixed-use building.

The parcel, referred to as Waterfront Station II, is the District-owned 1000 Fourth St., SW site, which sits north of CVS. As detailed in the plans, the project will be LEED Gold designed, house approximately 450 residences of both market-rate and affordable units, and total 400,000 square feet. Additional features include:

  • 9,000 square feet devoted to AppleTree Institute, a DC public charter preschool;
  • 9,000 square feet of space intended for cultural use;
  • 11,404 square feet of market-rate retail space.

The agreement calls for the creation of approximately 135 affordable housing residences, which totals 30 percent of the apartments. The 135 units will be available to households earning at or below 30 percent and 50 percent of the area median income.

The project team comprised of PN Hoffman, Paramount Development, City Partners and AHC Inc. was awarded the rights to redevelop the lot by DMPED in March 2016 following a 2015 Request for Proposal process by Mayor Muriel Bowser’s office.

Construction is expected to begin in 2020 with an expected delivery date of 2022.

By Southwester Staff

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