Real Estate Developments

CityCenter DC

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Description

Located on the site of the old Convention Center, CityCenter DC is a mixed use development project located in the heart of Washington, DC. This site is bordered by New York Avenue and H Street (north and south) and 9th & 11th Street (east and west). The development plan include 520,000 sq ft of office space, 674 luxury housing units, 270,000 sq ft of retail, approx 2,000 parking spaces overall, and close to an acre of open space.

The first phase of this project is essentially the housing units (460 apartments and 216 condominiums) which is scheduled to be delivered in December of 2013. 92 units will be designated for affordable housing (60-80 percent AMI). All of the condominiums will offer "access to a balcony or Juliet balcony. Eleven of the homes will a true rarity, the exclusive use of private terraces. It is anticipated that sales of units will commence in the Fall of 2012 with the opening of the Sales Center."

There is a tentative agreement for Houston based Covington & Burling LLP to occupy 420,000 sq ft of office space. Del Frisco's, a Dallas based steakhouse is in the process of finalizing a lease to occupy 17,000 sq ft of retail space. The second phase of the this development project will be a 374 room luxury hotel scheduled to open in 2016. 

CityCenter DC is Pre-Certified LEED Gold Core & Shell.


Amenities & Features:
  • Eco-Friendly Bamboo Flooring
  • Stainless Steel Appliances
  • Quartz Countertops
  • European-style Cabinets
  • Outdoor Pool
  • Sun Deck & Outdoor Dining Area w/Grills
  • Electrical Charging Stations
  • Guest Suite
  • 24 Hour Concierge including home-away-from-home services such as plant watering and mail/package retrieval

Project Details

Type

Mixed-Use

Status

Completed

Address

Between 9th, 10th, 11th, H & I Streets, NW and New York Avenue

City

Washington

State

DC

Zipcode

20001

Amenities

Outdoor Pool, Sun Deck, Outdoor Dining Area, Grills, Electrical Charging Stations, 24 Hour Concierge

Construction

New Development

Start Date

April 4, 2011

Expected Completion Date

4Q 2013 (Phase 1)

Developer(s):

General Contractor(s):

Part of this Project?

Source(s):
Archstone, Hines, citycenterdc.com/news/citycenterdc-signs-letter-intent-covington-burling-llp-global-corporate-litigation-and
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Number of units for rent

458

Number of units for sale

216

Number of affordable housing units

92

LEED Designation

LEED Gold

Project Cost

950000000

Parking Spaces

2000

Zoning

DD/C-3-C

Hotel Rooms

0

Retail Space

270000

Office Space

520000

Square Footage

2000000

Lowest Housing Sales Price

0

Highest Housing Sales Price

0

Lowest Rent Price

0

Highest Rent Price

0

Neighborhood:

Northwest Washington

Housing Rental Price Range:

Housing Sales Price Range:

# of Residential Units in Progress:

82

Hotels Rooms in Progress:

618

Office Space in Progress:

191000

Retail Space in Progress:

52000

Closest Metro Station:

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          Engineer(s):

          Project Consultant(s):

          Project Financier(s):

          Sources:

          Archstone, Hines, citycenterdc.com/news/citycenterdc-signs-letter-intent-covington-burling-llp-global-corporate-litigation-and