With a financing package that settled today, construction of the 33-acre Capitol Quarter in Southeast is now set to begin. Spurred by a Hope VI grant from HUD in 2001 that has been leveraged from $34.9 million to $700 million, the DC Housing Authority is partnering with Forest City Enterprises, Mid-City Urban, and EYA Associates, Inc. to create Capitol Quarter on the site of the now-demolished 707-unit Arthur Capper and Carrollsburg Dwellings public housing projects in Near Southeast. DCHA closed today on the first of three phases; construction will now begin on a 158 townhouse segment that will deliver at the end of 2009.
Until this point, construction was being done on the infrastructure of the area as part of an agreement with the District government to install new underground utilities, sanitary and water lines, and a new storm management system. These improvements were financed by a $36.7 million bond approved by the District Council and backed by new real estate taxes generated from new developments.
A mixture of affordable and market-rate rental and for-sale townhouses, the site, located officially at 1023 4th Street, SE, will include 395 public housing units, 162 rental units for seniors, 139 rental units for workforce housing, 410 affordable rental units, 42 voucher for-sale units, 171 for-sale workforce units, and 144 market-rate units when the project reaches completion in 2013. Located near the Navy Yard, the development will also offer 702,00 s.f. of office space, 51,000 s.f. of retail space, and an 18,000 s.f. LEED-certified community center.
“The retail will be neighborhood serving but will also serve the office portion because this will be a large residential community, but it is also right on the Navy Yard, and that huge office complex is right there. It is also caddy-corner to the stadium,” said Dena Michaelson, Director of Public Affairs for DCHA.
The 33-acre site is within walking distance of the Navy Yard Metro, and was vacated in phases starting in 2001. The project was fully demolished in 2006, and has since completed the senior independent-living building. The second phase, which will include another 158 townhouses, will deliver between 2011 and 2012. The third and final phase will deliver 52 townhouses between 2012 and 2013. The townhouses, handled mainly by EYA were designed by Lessard Group.