Friday, November 22, 2024
HomeBusiness$109 Million Property With 202 Affordable Apartments Coming Up in DC

$109 Million Property With 202 Affordable Apartments Coming Up in DC

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Anacostia Economic Development Corp. and Flaherty & Collins Properties have started work on a 252-unit community which is planned to include 202 affordable apartments in Washington, D.C.

The $109 million development at St. Elizabeths East will be built jointly by two developers in partnership with the Office of the Deputy Mayor for Planning and Economic Development, the D.C. Department of Housing and Community Development, and the D.C. Housing Finance Agency.

The development will be located at 1201 Oak Drive in the Congress Heights neighborhood in Ward 8, next to the new Entertainment and Sports Arena on the site of the former St. Elizabeths Hospital.

At St. Elizabeths East, the residences will have studios, one, two and three-bedroom units. About 50 apartments can be purchased at market rents, and 19 units will be available for those earning between 0 and 30 percent of the median family income. A fitness center, clubroom, secured parking, playground and outdoor grilling area are also planned to be part of the design within the property.

The project will mark the first phase of redevelopment of the 183-acre St. Elizabeths campus which was previously a site of psychiatric facility.

Construction work also began this summer on the 80-unit Abrams Hall Senior Apartments, which is part of the 66-acre redevelopment of the former Walter Reed Army Medical Campus.

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