NAVY YARD DEVELOPMENT

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New Condos at The Navy Yard

NAVY YARD DEVELOPMENT

Navy Yard development began during the real estate boom of the late 1990’s through early 2000’s, then halted abruptly during the market downturn. In 2012, however, many projects were revised or renewed and the Navy Yard and Yards Park have undergone a rapid transformation over the past 5 years. Forest City’s 48-acre The Yards development plan includes over 3,375 apartments, 1.8M square feet of office space and 400,000 square feet of retail over the next 18 years. The Navy Yard is on track to be one of DC’s most densely populated neighborhoods. More than 15,00 residents are predicted to move into Capitol Riverfront neighborhoods by 2020. It is DC’s fastest-growing area. At full build-out, the Capitol Riverfront will deliver nearly 40 million square feet of  residential, office space, hospitality and retail and four parks. This area is expected to continue its expansion and the probability is that additional condominium projects will go under construction during the next decade. Currently, many new residential projects are rental buildings, but PN Hoffman’s “The Bower,” a new condominium at the Navy Yard, is slated to start sales in early 2018 and deliver in late 2018.
THE BOWER

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Serving the neighborhoods of Northwest DC, Northeast DC, Southeast DC and Southwest DC including Dupont Circle, Logan Circle, Crestwood, Capitol Hill, H Street, Kalorama, Mount Pleasant, Columbia Heights, Georgetown, West End, Burleith, Foggy Bottom, Shaw, LeDroit Park, Bloomingdale, U Street, Penn Quarter, Mt. Vernon Triangle, Palisades, Chevy Chase, Friendship Heights, Barnaby Woods, American University Park, Observatory Circle, Forest Hills, Woodley Park, FoxHall, 14th Street Corridor, U Street Corridor, Meridian Hill, Hill East, Barracks Row, Eastern Market and portions of Northern Virginia including Arlington, Alexandria, McLean, Great Falls, Fairfax, Vienna and Falls Church.
Development and MRIS information on this site is deemed reliable but not guaranteed. Square footage and other details are as represented by sellers, their representatives and/or developers.
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