128 Affordable Apartments Proposed for Former Sanford Capital Complex
✉️ Want to forward this article? Click here.
Barely six months after the notoriously neglectful landlord Sanford Capital agreed in bankruptcy proceedings to sell the derelict Terrace Manor complex, a new development is in the works.
WC Smith has filed a zoning application that envisions replacing the 11 vacant buildings that comprise Terrace Manor at 2270-2272 and 2276 Savannah Street SE and 3341-3353 23rd Street SE (map) with a new affordable community. An L-shaped building with 128 affordable apartments would be built on the 2.3 acres across those sites.
story continues below
loading...story continues above
There would be 78 one-bedrooms, 39 two-bedrooms and 11 three-bedrooms, all of which would be for households earning no more than 60 percent of the median family income.
A special exception is required to construct new multi-family units on the site, which is zoned RA-2. WC Smith expects to seek funding from the Department of Housing and Community Development and low-income housing tax credits and bond financing from the DC Housing Finance Agency.
Stoiber and Associates is the architect on the project. A zoning hearing has not yet been scheduled.
See other articles related to: terrace manor
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/128-affordable-apartments-proposed-for-terrace-manor-redevelopment/13568.
Most Popular... This Week • Last 30 Days • Ever
Forest Hills Connection is reporting that the owner of the Days Inn along Connecticut... read »
The 67-room luxury hotel will be located at 3000 M Street NW, the site of the old Lat... read »
On Monday, the listing price for the 30,000 square foot home that was originally buil... read »
The eight-bedroom estate built by Banks Development along Chain Bridge Road will be l... read »
DC's Historic Preservation Review Board looks poised to approve changes for one of th... read »
- A Plan For More Development In Van Ness?
- Jose Andres Group Partners On New Georgetown Hotel
- The Price For Dan Snyder's Former Potomac Home Drops By $5 Million
- DC Home At Site Of Former Cafritz Mansion Set To List For $23.5 Million
- HPO Recommends Approval For Changes To 280-Unit Building At DC's Reservoir District
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro