$700M Mixed-Use Development in Northwest DC

Located on the former Fannie Mae headquarters site at 3900 Wisconsin Avenue, this historic-preservation project by Roadside Development will provide 1.2 million square feet of mixed-use development in the heart of Washington's prestigious Northwest, DC neighborhood.  

City Ridge will have nine buildings, 750 residential units, 194,000 square feet of retail anchored by D.C’s first Wegmans. and 250,000 square feet of office space. 

The site sits directly adjacent to the city's popular Glover-Archbold Park, and within walking distance to some of the area’s most well-known schools and academic Institutions.

The City Ridge development will preserve the historically designated Fannie-Mae building, as well as the gracious front lawn, which will become an open and activated green space for the community to enjoy.

The project is expected to cost more than $700 million and completion is scheduled for 2023.

• 10-minute walk from Tenleytown metro station
• 2 metro stops from bustling downtown Bethesda
• 15-minute drive from downtown DC
• Down the street from National Cathedral
• Nestled against Glover Archibold Park’s trails and bike paths
• Steps from the city’s most popular eateries and shopping destinations

Giant Waterfront Station II Redevelopment in Southwest D.C.

PN Hoffman, a developer of urban communities across the Washington Metropolitan Area, has been selected to develop Waterfront Station II, a 59,000-square-foot lot at 1000 Fourth Street, SW. The District-owned property is the last residential parcel to be developed at Waterfront Station.

The redevelopment plans for the parcel include a 400,000-square-foot, mixed-use community of 443 units, in addition to 22,500 square feet of neighborhood-serving retail space and a 10,000-square-foot black box theater.

The mixed-income housing will be comprised of 310 market-rate apartments and 133 affordable units - 30 percent of the total.


The development team is comprised of PN Hoffman, Paramount Development, ER Bacon Development, CityPartners and AHC Inc.

The entire project is designed to achieve LEED Gold certification.

Site Features:

•   One block from Waterfront Metro Station (Green Line)
•   Adjacent to CVS and one block from 55,000-sq-ft Safeway grocery store
•   Across from Southwest Branch Library and Amidon-Bowen Elementary School
•   Four blocks from I-395 on-ramp
•   Daily traffic volume on I-395: 163,800
•   Three blocks from newly expanded 1,400-seat Arena Stage
•   Less than half-mile to Southwest Waterfront
•   Less than one mile from Nationals Park

“The Southwest Waterfront is experiencing a renaissance unlike anything else in the District,” said PN Hoffman CEO, Monty Hoffman. "We are confident that our plan to revitalize a key portion of 4th Street SW will enhance the livability and allure of the neighborhood.”

“We are excited for the opportunity to continue our work in Southwest, and we look forward to providing significant new mixed-income housing, cultural space and retail to help complete the transformation of 4th Street SW,” said Shawn Seaman, senior vice president of development at PN Hoffman.

The overall Waterfront Station project includes twin office buildings at 1100 and 1101 Fourth St. SW, the Lex and Leo apartments (formerly Sky House East and West) at 1150 and 1151 Fourth St., a new mixed-use building from Forest City Washington at 1001 Fourth St., and future office buildings at 375 and 425 M St. SW.

The Capitol Vista site at Second and H streets NW will be redeveloped as affordable housing and 3,000 square feet of retail by Voltron Community Partners (Dantes Partners and Spectrum Management).

At Truxton Circle, 1520-1522 North Capitol St. NW., Urban Green and Flywheel Development will build a net-zero, mixed-use, all-affordable project with a ground-floor restaurant.

PN Hoffman is investing heavily in Southwest DC. They are developing The Wharf, a 3.2 million square foot neighborhood on one mile of Washington, DC’s southwest waterfront, as well as 525 Water, a luxury condominium building adjacent to The Wharf, and Riverside Baptist Church.

Plans to Build Two of Region's Tallest Residential Towers

JM Zell Partners and Hines Ltd. are planning to construct the first building within the 6-acre Carlyle Plaza Two, a long-planned four-tower office and residential complex south of Eisenhower Avenue in Alexandria, Virginia.

A 382-unit apartment building, designed by Bernardo Fort-Brescia of Miami-based Arquitectonica International, will rise to 34 stories and 375 feet, offering virtually unobstructed views of Mount Vernon, MGM National Harbor and the Washington Monument.

The second residential tower in Carlyle Plaza Two, the closest building to the Capital Beltway to the south, may rise to 354 feet.

Both towers will be among the region’s five tallest residential buildings, rivaling those planned for Rosslyn.

The developers expect to break ground on the four-tower office and residential complex in late spring 2017.

The design features three rectangular blocks of nearly equal height, with the middle block slipped roughly 25 feet to the south to create a cantilever effect.

The result of the cantilever is two large outdoor terraces, one on the 16th floor and another on the 26th. There will be a fifth-floor amenity terrace, with pool, as well.

The unit breakdown: 22 studios, 238 one-bedroom apartments and 122 two-bedroom units.

“They want an iconic building,” Jeffrey Zell, JM Zell president, said of Alexandria. “They now have an iconic building.”

The development site is immediately east of The Alexan apartment building and north of the Alexandria Renew Nutrient Management Facility.

Alexandria approved the development plan for Carlyle Plaza Two in 2012 — for 755,114 square feet of office in two towers and 632,056 square feet of residential in two more towers.

The plan was later amended to offer the option of converting 325,000 square feet of office space to hotel and residential use.