First Phase of Sheridan Station Completed

• December 7th 2011

by Shilpi Paul

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Sheridan Station

A ribbon-cutting ceremony was held on Wednesday marking completion of the first phase of Sheridan Station, a massive mixed-income residential development east of the Anacostia River. Congresswoman Eleanor Holmes Norton, Mayor Vincent Gray, Councilmember Marion Barry and HUD’s DC Director Marvin Turner, among other DC dignitaries, helped mark the completion of a 114-unit apartment building comprised of studios, one- and two-bedroom units. Rents range from $800 to $1,300 a month in the building, which is 95 percent pre-leased.

Just a block from the Anacostia Metro at 2516 Sheridan Road SE (map), the project, built on the site of the former Sheridan Terrace public housing complex, is one of the few large-scale developments in the area.

“Welcome to the new Ward 7!” Councilmember Barry exclaimed at the ceremony.

DC dignitaries from left: Congresswoman Eleanor Holmes Norton, DMPED Victor Hoskins,
Mayor Vincent Gray, DC Council Chairman Kwame Brown, Councilman Marion Barry

When complete, Sheridan Station will include both for-sale and for-rent townhomes, apartments, and condos, as well as a gym, business center, garden and a primary care center. The second phase, 80 townhomes priced from the low $200,000s to the mid-$400,000s, has started selling, and 22 will be ready by early 2012. The final phase is expected to deliver within the next two years.

The $100 million project moved forward thanks in part to a $20 million HOPE VI Grant, a HUD award that seeks to revitalize “severely distressed” public housing by turning it into desirable mixed-income housing, and $5.5 million from the American Recovery and Reinvestment Act. Sheridan Station is the seventh HOPE VI project in DC.

“DC is the pride of HOPE VI,” said Congresswoman Norton, who played a large role in making sure Sheridan Station got the grant. (The District is one of the largest beneficiaries of HOPE VI grants in the country, second only to Chicago.)

The DC Housing Authority was able to track down over 100 former residents of Sheridan Terrace, and many of them will be moving into the new, much improved development. “Sheridan Terrace was raggedy and looked awful,” remembered Councilman Barry.

Wendy Glover purchased the first townhouse to deliver at Sheridan Station. “I can remember growing up on Stanton Road [in Sheridan Terrace],” said Glover. “I’m excited to say I’m coming home.”

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/first_phase_of_sheridan_station_completed/4720.