As one local neighborhood blog proclaims in its moniker, Southwest…The Little Quadrant That Could, DC’s sleepiest quarter is stirring. Evidence of this awakening can be seen in the area’s latest condo-conversion project, Waterfront Tower, which opened its sales office in September and hopes to be move-in ready by December.
We recently toured the place and, quite frankly, were more than a little impressed with the project’s mod style, convivial common areas, and attention to high-quality—and green—details.
Though not directly on the waterfront, Waterfront Tower is located at 3rd and M Streets SW (see map here) sandwiched between future waterfront development and Nationals Stadium. Next door is a soon-to-be-razed Safeway grocery store (long a point of contention among the neighborhood) and the site of the coming-in-March Waterfront Station complex, which will include a new 55,000-square-foot Safeway, CVS, Bank of America, and four or five restaurants.
Waterfront Tower’s blocky edifice was designed in the 1960s by world-renowned modernist I.M. Pei, the Chinese-American architect behind iconic structures like the glass pyramid at the Louvre Museum in Paris as well as the East Building of the National Gallery of Art.
Now, the architects at Torti Gallas & Partners have gutted and updated the space with an eco-conscious flair, including low-VOC paints, Bentley Prince Street’s “Green Label Plus” recycled carpets, and high-efficiency appliances, HVAC, boilers, windows, and lighting systems. Though the developer ultimately chose not to apply for LEED certification for cost reasons, Greg Rooney, VP for the project’s developer Bernstein Companies says the building is “just as green as it would have been [with the certification], but we didn’t have to spend the extra $100,000.”
The Bernstein Companies, in collaboration with Abdo Development, have taken care to follow historical preservation guidelines while breathing new life into the property and neighborhood. And the 123-unit building seems to be selling well: Roughly 42 percent of the units are sold; studios are sold out.
Kitchen in Unit
Though the condos aren’t huge, space is used efficiently, and even the studios and junior one-bedroom floor plans feel quite livable. (Extra storage space in the basement is available for purchase.) Most units include wenge cabinets, Ceaserstone counters, white oak hardwood floors, and recycled carpet in the bedrooms. Larger units include combination washer-dryers, and for everyone else, the high-tech basement laundry room has 10 sets of units that will email you when your cycle is complete.
The Glossy White Lobby
The building has a small gym, a Wi-Fi lounge, a bike storage room (with plans to also stock rental bikes), and a party room off the lobby. The glossy white lobby includes a tile mosaic by local youth over the elevator, courtesy of Arts on the Block. Outside, residents can lounge in comfy couches and chairs fronting the large grassy courtyard. Coming soon: BBQ pits and a pergola.
Price Range for Available Units
- Junior One Bedrooms — Starting at $250,900, condo fees $277/month
- One Bedrooms — Starting at $320,900, condo fees $354/month
- Executive One Bedrooms: Starting at $370,900, condo fees $446 to $462/month
- Two Bedrooms: Starting at $518,900, condo fees $570/month
Parking & Transportation
Waterfront Tower sits just a block from the Waterfront-SEU Metro station on the Green Line. There are 33 uncovered parking spaces available for purchase ($19,800 apiece) or 90 rental spaces out front ($80 per month).
Say what you will about new construction woes in Southwest, but as this project hums toward completion, it’s hard not to feel optimistic about the area’s potential.
This article originally published at https://dc.urbanturf.com/articles/blog/waterfront_tower_a_green_condo_in_the_little_quadrant_that_could/1472.
Most Popular... This Week • Last 30 Days • Ever
Harry Wardman is responsible for developing huge swaths of northwest DC, from row hou... read »
The neighborhoods where prices have risen the most have one thing in common.... read »
UrbanTurf reached out to a local economist to see which direction home prices are hea... read »
Here are some precautions to take before buying real estate with a buddy.... read »
An updated look at the residential units on the boards at Union Market.... read »
With interest rates reaching their highest levels in 14 years, it is critically impor... read »
Before deciding to build an addition to your rowhouse, find out whether you'll need t... read »
A stately five-bedroom Woodley Park house has been home to not one, not two, but thre... read »
A look at the residential projects in the works within a block or two of Dave Thomas ... read »
The most active developer in the Union Market has more plans on the boards.... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro