Big changes are in the works in Washington DC's Ward 8 beginning this winter. Phase 1 of the highly anticipated Sheridan Terrace public housing redevelopment is slated to begin construction in January 
or February 2010 - depending on when the D.C. Housing Authority finally closes on financing for the project.
Located east of Sheridan Road and bounded by Howard Road, Sayles Place, Stanton Road, and Pomeroy Road, Sheridan Terrace’s 11 acres in Anacostia are owned jointly by the DC wHousing Authority and William C. Smith & Co. As lead developer, Smith partnered with Union Temple CDC and Jackson Investment Co. to form Sheridan Terrace Redevelopment LLC. Sheridan Terrace will comprise a small piece of the Barry Farm/Park Chester/Wade Road redevelopment planned for Ward 8. Smith will also work with the Housing Authority on a master plan for these surrounding communities. The project was designed by Bethesda's SK&I Architects, which furnished the seven different building designs that will include landscaped greenspace and a pedestrian trail.
Phase 1 of the 344-unit Sheridan Terrace construction will revolve around an initial 122 units. One hundred and fourteen Phase 1 units will be allotted as low-income rentals and eight will be available for home ownership. Look for a completed Phase 1 in August of 2011. Phases 2 and 3 of the redevelopment will begin once all units in Phase 1 are filled, but the entire project is expected to be complete by 2015.
When all three phases of Sheridan Terrace development are entirely completed, the 344 units will be almost double the amount of the original Sheridan Terrace - a troubled project that was torn down in 1997. As with the original, the new-and-improved Sheridan Terrace will contain 183 public housing rental units. An additional 161 units will go up for sale; 117 of these will be sold at market rate and another 44 will be sold as affordable units. Units will consist of a mix of townhouses, "manor houses" (i.e. three-bedrooms), and apartments with anywhere from one to three bedrooms.
At the completion of the project, Sheridan Terrace Redevelopment LLC will be reimbursed with a Low Income Housing Tax Credit equal to the cost incurred for the development of 73 of the low income housing units. Housing Authority Project Manager Kerry Smyser estimates the cost of the entire 
redevelopment at $21,477,853 - although this number has been on the rise ever since the DC Housing Authority won a nearly $6 million Hope VI Grant for the project back in March of 2008.
As a requirement of the Hope VI Grant, former residents will have first dibs on public housing units offered in this reincarnation. But as Ward 8 Commissioner William Ellis explains, luring old tenants back may not be easy. “The Sheridan Terrace community was really displaced” by the 1997 razing of the dilapidated, crime-ridden housing project. "It’s been a long time since many people from the original Sheridan Terrace have actually even lived in the neighborhood.”
The city has taken steps to avoid repeat circumstances by ensuring that at least 25 of the public housing units available in Phase 1 will be reserved for current 
Barry Farm residents—another Ward 8 redevelopment project on the horizon.
Other changes in the Ward 8 community, like the new Savoy Elementary School and planned renovations of neighborhood parks and recreation centers, are going a long way in reassuring Ward 8 residents that the newly developed Sheridan Terrace will play a positive part in changing the landscape of their community. “Now,” says Commissioner Ellis hopefully, “if we could just get some more restaurants.”
When all three phases of Sheridan Terrace development are entirely completed, the 344 units will be almost double the amount of the original Sheridan Terrace - a troubled project that was torn down in 1997. As with the original, the new-and-improved Sheridan Terrace will contain 183 public housing rental units. An additional 161 units will go up for sale; 117 of these will be sold at market rate and another 44 will be sold as affordable units. Units will consist of a mix of townhouses, "manor houses" (i.e. three-bedrooms), and apartments with anywhere from one to three bedrooms.
At the completion of the project, Sheridan Terrace Redevelopment LLC will be reimbursed with a Low Income Housing Tax Credit equal to the cost incurred for the development of 73 of the low income housing units. Housing Authority Project Manager Kerry Smyser estimates the cost of the entire redevelopment at $21,477,853 - although this number has been on the rise ever since the DC Housing Authority won a nearly $6 million Hope VI Grant for the project back in March of 2008.
As a requirement of the Hope VI Grant, former residents will have first dibs on public housing units offered in this reincarnation. But as Ward 8 Commissioner William Ellis explains, luring old tenants back may not be easy. “The Sheridan Terrace community was really displaced” by the 1997 razing of the dilapidated, crime-ridden housing project. "It’s been a long time since many people from the original Sheridan Terrace have actually even lived in the neighborhood.”
The city has taken steps to avoid repeat circumstances by ensuring that at least 25 of the public housing units available in Phase 1 will be reserved for current Barry Farm residents—another Ward 8 redevelopment project on the horizon.
Other changes in the Ward 8 community, like the new Savoy Elementary School and planned renovations of neighborhood parks and recreation centers, are going a long way in reassuring Ward 8 residents that the newly developed Sheridan Terrace will play a positive part in changing the landscape of their community. “Now,” says Commissioner Ellis hopefully, “if we could just get some more restaurants.” Washington DC commercial real estate
