The Wharf condos in southwest Washington D.C. at the waterfront are aiming to be one of the city’s more environmentally friendly developments. The Wharf condos, at 690 Water Street, SW, are part of Hoffman-Madison Waterfront’s overall mixed-use development, a massive revitalization effort of 3.2 million square feet now in the works.
The Wharf condos will number about 225, with about 650 apartments a 280-room hotel, 140,000 square feet of retail space and 220,000 square feet of office space. There will be about 135,000 square feet of cultural space and about 1,325 underground parking spaces, according to D.C. Urban Turf. About 60% of the land near Wharf condos is planned to be open space, with a three-acre waterfront park and with 9th Street extending out to become “District Pier.”
The pier near The Wharf condos will include about 400 to 500 marina slips for boats, as well as boardwalk with a long bench where pedestrians can sit and dangle their feet into the water. Retail space will house cafes, restaurants, shops and bars. The entire Wharf project is expected to cost $2 billion and may take up to a decade to complete.
As for the environmental factor, developers are aiming to achieve LEED Silver certification for the buildings and LEED Gold for the neighborhood, which should be very pedestrian-friendly. A 675,000 gallon cistern under the boardwalk is designed to capture 25 million gallons of water per day.
Current listings near the Wharf condos in Southwest Waterfront include a $92,000 studio in River Park, a $72,200 studio, also in River Park that “needs a little TLC,” and a $159,000 studio at 1250 4th Street SW. All these properties, along with the Wharf condos, are just a few blocks from the Southwest Waterfront Metro.
The Wharf project is just entering groundbreaking and a timeline has not been set for the completion to the Wharf condos.
For more information:
Rock Creek Realty:
The Wharf: http://www.swdcwaterfront.com/index.htm
D.C. Curbed: http://dc.curbed.com/tags/hoffman-madison-waterfront