Washington, D.C.’s Georgetown is slated for its largest multifamily project in more than a century.
Rockpoint, LCOR and Potomac Investment Properties are redeveloping 1000 and 1050 Thomas Jefferson Street NW in Georgetown through a joint venture, Multi-Housing News reported. The latter is the owner of the two properties, which span a combined 349,000 square feet, having developed them in the early 1980s.
The project is expected to net 299 rental units, split between a 10-story, 179-unit building and a nine-story, 120-unit building. It will be the first multifamily project in Georgetown to exceed 150 units in more than a century, according to the developers…