What's Hot: Total Wine Coming To Friendship Heights | 256-Unit Project Proposed to Replace Rosslyn Buildings Moves Forward
128 Affordable Apartments Proposed for Former Sanford Capital Complex
✉️ Want to forward this article? Click here.
Barely six months after the notoriously neglectful landlord Sanford Capital agreed in bankruptcy proceedings to sell the derelict Terrace Manor complex, a new development is in the works.
WC Smith has filed a zoning application that envisions replacing the 11 vacant buildings that comprise Terrace Manor at 2270-2272 and 2276 Savannah Street SE and 3341-3353 23rd Street SE (map) with a new affordable community. An L-shaped building with 128 affordable apartments would be built on the 2.3 acres across those sites.
story continues below
loading...story continues above
There would be 78 one-bedrooms, 39 two-bedrooms and 11 three-bedrooms, all of which would be for households earning no more than 60 percent of the median family income.
A special exception is required to construct new multi-family units on the site, which is zoned RA-2. WC Smith expects to seek funding from the Department of Housing and Community Development and low-income housing tax credits and bond financing from the DC Housing Finance Agency.
Stoiber and Associates is the architect on the project. A zoning hearing has not yet been scheduled.
See other articles related to: terrace manor
This article originally published at https://dc.urbanturf.com/articles/blog/128-affordable-apartments-proposed-for-terrace-manor-redevelopment/13568.
Most Popular... This Week • Last 30 Days • Ever
One of the critical factors in determining whether refinancing is a wise decision is ... read »
The one-of-a-kind residence was built out of two expansive classrooms, an office, two... read »
As the redevelopment of the Mazza Gallerie mall in Friendship Heights heads towards c... read »
As we head towards the end of the year, UrbanTurf is wrapping up its coverage of larg... read »
Designed by visionary Travis Price Architects, 3623 R Street NW is a light-filled mas... read »
- What Is The Best Spread To Refinance Your Mortgage?
- 13 Foot Ceilings, 5,800 Square Feet in a Historic Schoolhouse: A Rare DC Loft Hits the Market
- Total Wine Coming To Friendship Heights
- The 6 Large Developments on the Boards From Anacostia to the Bridge District
- A Rare & Striking Modern Home in the Heart of Georgetown Hits the Market
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro