366-Unit Apartment Project Planned For U Street

• February 27, 2014
• 2 Comments

by UrbanTurf Staff

Big potential U Street residential news came out at the ANC 1B Design Review Committee meeting earlier this week.

District Source reports that a new 11-story residential project that would connect to an eight-story building on V Street is planned for Portner Place at 1441-1449 U Street NW. The developers purchased Portner Place through the Tenants Opportunity to Purchase Act (TOPA).

From District Source:

The project would include 270 market rate residential units in the U Street building and 96 units affordable at 60 percent or less of area median income on the V Street side. Somerset Development Company with New Community Partners, Jonathan Rose Companies (“JRCo”), and the Rose Green Cities Fund purchased the 48-unit HUD Section 8 housing Portner Place Apartments next to the Reeves Municipal Center in September 2013.

The project is still in the early stages. The committee approved the initial concept, but District Source reports that the project will go before HPRB in March, and will require a planned unit development that will likely be filed in April.

This article originally published at http://dc.urbanturf.com/articles/blog/366_unit_apartment_project_on_boards_for_u_street/8179

2 Comments

1. charlie said at 9:36 pm on Thursday February 27, 2014:
   Removing the Reeves center and the rest of the section 8 housing on V st would do a lot to improve the area.

1. corey said at 2:50 pm on Friday February 28, 2014:
   i was literally just walking by this devlopment yesterday and said, wow i cant believe this hasnt been redeveloped. Cant believe the three story walk up is surviving on one of the most sought after intersections in the city. Good news! now knock both buildings down on both sides and we are in business.