Situated at the confluence of the Potomac and the Anacostia Rivers and directly adjacent to DC’s world-famous National Mall, the Southwest Waterfront beckons new residents and new retail/restaurant establishments.
A keystone to DC’s waterfront revitalization efforts, the $2 billion, three-million-square-foot The Wharf development will become a regional attraction.
A Regional Destination
The Wharf’s entire development area will span nearly a mile along the Washington Channel. Attractions will include three new piers (District Pier, Transit Pier, and Market Pier), three hotels (Canopy by Hilton, Hyatt House, and Intercontinental), and The Anthem, a 6,000-person capacity concert & entertainment venue.
The initial phases of this 2.1 million SF mixed-use project have already opened, including 500,000 SF of office space and 85,200 SF of retail/restaurant space (anchored by a 55,000 SF Safeway grocery store) in 2010 and 528 apartments in 2014. Eliot on 4th will deliver 365 apartments in Q1 2017 and PN Hoffman will redevelop a DC government parcel into 443 residential units and 22,500 SF of retail.
New Destination Development
- Phase I of The Wharf (Q4 2017 delivery) will include 230,000 SF of office space, 190,000 SF of retail/restaurant space, 870 residential units, 683 hotel rooms, and 1,475 underground parking spaces.
- The International Spy Museum will open a new 140,000 SF museum at L’Enfant Plaza in Q3 2018.
- 16% population growth within 0.5 miles (2010 – 2016).
- Beyond The Wharf there are an additional 1,000+ residential units under construction as of December 2016.
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*All demographic data is for within 0.5 miles.