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AHC Inc. and PN Hoffman Win Right to Develop Southwest DC Parcel

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March 30, 2016 –  The DC Office of the Deputy Mayor for Planning and Economic Development (DMPED) has selected AHC Inc., PN Hoffman and several other partners to develop Waterfront Station II, a 59,000-square-foot lot adjacent to the Southwest Waterfront Metro station in Washington, DC. This is the last of the Waterfront Station parcels in the Southwest community.

PN Hoffman is the senior partner and AHC is developing the affordable housing component. Other partners include ER Bacon Development, LLC; CityPartners; and Paramount Development LLC.

Designed by Torti Gallas, the 400,000 square-foot, mixed-income, mixed-use building will include 133 affordable apartments (30% of the total), 310 market-rate apartments, a 10,000-square-foot black box theater and cultural artist space, and approximately 20,000 square feet of neighborhood-serving retail. The project is being designed to achieve LEED Gold certification.

“AHC is delighted to provide the affordable housing piece of this vibrant project, which will bring much-needed quality affordable living opportunities to the Southwest community and help residents live closer to where they work, the Metro and retail opportunities,” said Walter D. Webdale, AHC President and CEO.”

The community-minded proposal won the neighborhood’s support earlier in the application process – thanks to its diverse housing for a mix of incomes, neighborhood-serving retail, and unique cultural offering that aims to continue building DC’s Southwest neighborhood as a premier arts and cultural destination.

“The Southwest Waterfront is experiencing a renaissance unlike anything else in the District,” said PN Hoffman founder and CEO Monty Hoffman. “We are confident that our plan to revitalize a key portion of 4th Street SW will enhance the livability and allure of the neighborhood.”

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Founded in 1975, AHC Inc. is a nonprofit developer of affordable housing in the mid-Atlantic region that provides quality homes and education programs for low- and moderate-income families. Based in Arlington, VA, AHC has developed more than 7,000 apartment units in 52 properties in Virginia and Maryland. AHC’s Resident Services program reaches 2,000 children, teens, adults and seniors each year through onsite education programs and activities.