Washington, DC Mayor Muriel Bowser has unveiled a further expansion of the city’s efforts to convert commercial spaces into residential housing, with three new projects now joining the Housing in Downtown (HID) initiative. These developments reflect a broader effort to transform the city’s core into a space designed for both living and working. One of the newly announced conversion projects is the redevelopment of 1990 K Street NW, which will offer housing for more than 700 residents and bring new retail options to the area.
Marking the start of demolition at 1990 K Street NW—soon to be known as 1999 Eye Street NW—Mayor Bowser highlighted the project as a step toward a revitalized and dynamic future for the downtown area. According to a statement obtained by the DC Government’s official website, Mayor Bowser stated, “We have a beautiful Downtown, we have buildings that need people in them, and we have a need for more housing in our city — the Housing in Downtown program recognizes all of that, and it’s an important part of our Growth Agenda.” The $250 million project is set to deliver 434 residential units, including 44 designated as affordable housing, along with 17,000 square feet allocated for retail space to activate the surrounding streetscape.
Additional HID projects are underway at 608–624 Eye Street NW and 2401 Pennsylvania Avenue NW, set to add 176 residential units to the market, including a mix of standard and affordable housing. Monument Realty is leading the redevelopment of several smaller parcels at 608–624 Eye Street NW into a mixed-use project known as The Gallery, which will convert a public alley into an active space for both residential access and retail use. At 2401 Pennsylvania Avenue NW, three floors of an existing eight-story building will be converted from office space into 60 residential units, with six designated as affordable housing…