Renderings Reveal Market-Rate Component of New 15th and U Apartments

• Feb 6th 2017

by UrbanTurf Staff

Two year ago, plans were announced for the redevelopment of Portner Place, an affordable apartment complex near the intersection of 15th Street and U Street NW. Now, we are getting a sense of what the market-rate portion of the project will look like.

The development will consist of two towers — Portner Flats, with 96 affordable apartments (which will replace the 48 affordable units on site) at 1440-1450 V Street (map) developed by Somerset Development, Jonathan Rose Cos., and New Community Partners, and an 11-story tower with 288 market-rate apartments, 15,000 square feet of retail and 120 underground parking spaces at 1441-1449 U Street NW developed by Trammell Crow subsidiary High Street Residential.

The project architect is Eric Colbert & Associates. Current Portner Place residents will be relocated to the newly constructed affordable apartments.

The market-rate tower will be named Sonnet and have amenities including a lounge, first-floor courtyard, fitness center, and an expansive roof deck with a pool and seating areas. Delivery is anticipated for next year.

When Portner Place was sold, the tenants, through the Portner Place Tenant Association, exercised their right of first refusal through the Tenant Opportunity to Purchase Act (TOPA). They then assigned those rights to the new owners.

High Street Residential is also working on a development in NoMa at the Central Armature Works site that will include a boutique hotel, 200 condos, 425 apartments and a public park.

This article originally published at https://dc.urbanturf.com/articles/blog/renderings_reveal_market-rate_component_of_new_15th_and_u_apartments/12126.