Situated at the confluence of the Potomac and the Anacostia rivers and directly adjacent to the National Mall, the Southwest Waterfront beckons new residents and visitors with ten worldclass museums, seven performance venues, and a rapidly growing food and cultural scene.
The opening of the first phase of the $2 billion Wharf project brought new life to the
long-beloved Southwest neighborhood, and its popularity will only continue to grow in the coming years.
A Regional Destination
- Museums, hotels, and special events at The Wharf drew over 16 million visitors to Southwest in 2018.7
- Southwest is DC’s second-largest hotel submarket, with over 2,600 hotel rooms and another 600 in the pipeline.5
- The 430,000 SF Museum of the Bible opened in Fall 2017 and saw one million visitors in its first year.
- The International Spy Museum opens a new 140,000 SF museum at L’Enfant Plaza in spring 2019.
Initial phases of this 2.1 million SF mixed-use project at the heart of the Southwest Waterfront neighborhood have already opened, including 500,000 SF of office space, 85,200 SF of retail/restaurant space (anchored by a 55,000 SF Safeway grocery store), and 1,356 apartments. Another 1,300 apartments and 100,000 SF of Metro-adjacent retail space are in the near-term pipeline.
Continued Residential Growth
- 29% population growth within 0.5 miles (2010–2018)
- More than 2,000 new residential units were added to the area in the last two years (2017–18)
- Detailed demographics
- Phase I of The Wharf includes 500,000 SF of office space, 19 shops and 31 restaurants, 870 residential units, 690 hotel rooms, and 1,475 underground parking spaces.
- Construction of Phase II will begin in Q1 2019 (2022 delivery) and includes a new park, a Pendry hotel, 317 residential units, 965 parking spaces, 150,000 SF of retail/restaurant space, and 500,000 SF of office space anchored by law firm Williams & Connolly LLP.