Real Estate

3220 Prospect Street, NW
Five-story, 45-unit residential development

OGB has approved plans for Prospect Place, a new five-story development from McCaffrey Interests and W.T. Weaver and Sons. The development is located across from Cafe Milano, Peacock Cafe, Morton’s the Steakhouse and Mai Thai restaurants. For more information about Prospect Place, contact Morgan Ziegenhein for development inquiries [mziegenhein@McCafferyInterests.com, 703-351-9500] and Rory Cameron for leasing inquiries [rcameron@mcCafferyInterests.com, 703-351-9500].

3000 M Street, NW
100-room hotel with retail and restaurant space

Thor Equities is redeveloping the former Latham Hotel at 3000 M Street, bringing new retail and restaurant space to M Street and a renovated boutique hotel. Demolition of the existing M Street retail space and renovation of the hotel building began in August 2017, with expected delivery in 2025. For more information about the 3000 M Street redevelopment or leasing opportunities, contact Kim Leone at 212-529-7412.

1051-1055 29th Street, NW
72-Unit Four Seasons condominiums and one-acre public park

A partnership group between The Levy Group, The Georgetown Co., and the Four Seasons will redevelop the former West Heating Plant into 60 Four Seasons condominiums and a public park along the historic C&O Canal. World-renowned architect David Adjaye is designing the new building and landscape architect Laurie Olin is designing the public park.

2715 Pennsylvania Avenue, NW
29,000 square feet, seven-unit building

Eastbanc, Inc. will redevelop the old Valero gas station site across from the Four Seasons Hotel to bring seven luxury condominiums and a ground floor restaurant space to Georgetown’s eastern gateway. For more information, contact Eastbanc at 202-737-1000.

3255-3259 Prospect Street, NW
Four condos with ground floor retail

The project will ground floor retail with four condos above and 10 below-grade parking spaces and storage.

1023 31st Street, NW
90-100 room hotel

A planned office to hotel conversion would deliver a new 90-100 room hotel.

3401 Water Street, NW
230-room hotel with ground floor restaurant and bar

Dutch hotel brand citizenM gained the approval of the Old Georgetown Board to design a 230-room hotel.

1234-1238 Wisconsin Avenue
9,500 ground floor retail, 12,500 office, and 7,000 residential space

Work is ongoing for an adaptive reuse project at the corner of Wisconsin Avenue and Prospect Street. The project will deliver 29,000 square feet with 6 ground-floor retail bays, 2 floors of office space and 5 residential units above. The project is anticipated to deliver Fall 2022. EastBanc is the developer and McInturff Architects is the designer.

1515 Wisconsin Avenue, NW
6 unit apartment building with ground floor retail

The former home of John Rosselli and Associates store is undergoing additions and renovations that will deliver updated ground floor retail and 6 residential units above. Gronning Architects is the designer.

It’s all about location, location, location. The BID’s annual State of Georgetown report compiles a wide range of data that can support decision makers, including:

• Employment data and industrial sector concentration

• Rental rate and vacancy trends

• Residential demographics

• Visitor profiles and psychographic data

• Hotel and hospitality statistics, including rates and vacancy

• Retail merchandising mix

• Pedestrian traffic patterns

• Traffic and transit counts

The BID can also provide custom research that elaborates on topics presented in the State of Georgetown in order to support a location decision.

Interested in learning how to form and operate a business in DC? Please consult the Washington, DC Economic Partnership’s DC Doing Business Guide.

(Note: The WDCEP is an independent, 501(c)(3) organization that promotes business opportunities throughout DC.)

To obtain a city permit, begin by visiting the DC Government website, www.dc.gov, which will direct you to the appropriate agency webpage. For permit advice, contact John Wiebenson, Georgetown BID Director of Operations, at jwiebenson@georgetowndc.com or 202-400-3691.

The moratorium on restaurant liquor licenses in Georgetown expired in 2016. There is no longer a cap on the number of Class C/R and D/R licenses for restaurants and multipurpose facilities in Georgetown. Some restrictions still apply within the Georgetown Historic District. Notably, no more than six Class C/T and D/T licenses (on-premises consumption) may be issued to taverns, and no Class C/N or D/N licenses may be issued to a nightclub.

In addition to city-wide building and construction codes, The Old Georgetown Act of 1950 (Public Law 81-808) designated the federal Old Georgetown Historic District and established the requirement for design review of proposed projects in Georgetown by the Commission of Fine Arts and Old Georgetown Board.

Signs, window, door, and storefront replacements, mechanical equipment, visible electrical wiring and lighting, and other changes commonly associated with exterior renovations require review by the OGB.

More Information:

Design Guidelines for Historic Commercial Buildings
Signs, Awnings, Canopies
Sign Regulations
Old Georgetown Board