DC Developers Breaking Ground On New Projects

In the D.C. area, not only have ongoing projects been allowed to continue, developers are breaking ground on several new projects.


Residential Development Near Franconia Metro Approved

Plans for a development near the Franconia-Springfield Metro now include a 300-unit multifamily building.


Residential Moves into Liberty View Development

Monument Realty has the go-ahead to build a 300-unit residential building at its Liberty View development near the Franconia-Springfield Metro station.


NoMa Project Chosen by City Proposes Nearly 600 Apartments, Retail, and a Park

More than 575 rental units—over half of which would be priced at below-market levels—are planned for a one-acre lot in NoMa as part of a development project recently picked by D.C.


Monument Realty to Develop Nearly 900 Apartments on Adjacent NoMa Parcels

Mayor Muriel Bowser announced Monday that her administration selected the team of Monument, Morningstar Community Development, The May Firm and Community Housing Partners over several other competitors to develop the 1-acre lot at 2 Patterson St. NE.


Monument Realty-Led Development Team Selected to Deliver 577 Apartments to North Capitol Street Site

On Monday, Mayor Bowser announced the city awarded development rights for 2 Patterson Street NE to a team comprised of Monument Realty, Morningstar Community Development, The May Firm and Community Housing Partners.


Monument Realty Wins Rights to Build 577-Unit Project in NoMa

Monument Realty now has control of two adjacent NoMa sites that could yield nearly 900 residential units. Mayor Muriel Bowser announced Monday that Monument Realty's team was selected out of six finalists to develop on the 1-acre site the city owns at 2 Patterson St. NE.


Multifamily Owners Jump in the Short-Term Rental Game

WhyHotel operates temporary hotels within multifamily buildings during a lease-up phase of a new apartment building. Harold Wu's weeklong experience at 225 N Calvert ended up being the ultimate try-before-you-buy.


Monument Realty Plans 310-Unit NoMa Development

Monument Realty is competing with several developers to build on a D.C.-owned NoMa site, but it is already moving forward with a project next door. The developer Friday closed on the purchase of 40 Patterson St. NE, buying it in an all-cash transaction for $12.5M from an affiliate of the Choi Cos.


Monument Buys NoMa Lot as it Vies for the Bigger D.C.-Owned Property Next Door

Monument Realty is making its first push into NoMa, buying a 25,000-square-foot lot on Patterson Street NE while continuing its pursuit of a larger, D.C.-owned parcel next door.