450K
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Multi-Family

450K

Washington, DC
$80M
Project Cost
133
Residential Units
13
Stories
141
Parking Spaces

Project Overview

450K is a landmark mixed-use residential development located in Washington, DC's vibrant Mount Vernon Triangle neighborhood. This 13-story concrete high-rise represents the pinnacle of urban living, combining sophisticated residential spaces with activated ground-floor retail.

The project achieved full stabilization over a 10-year period and was recognized with a PACE Award for Lease-Up, while commanding the highest rents per square foot in the submarket. The development was sold pre-lease to a family office in 2015.

Project Highlights

  • PACE Award for Lease-Up excellence
  • Highest rents PSF achieved in submarket
  • 7,000 SF ground floor Busboys and Poets retail
  • Pre-lease building sale to family office
  • Full stabilization over 10-year period