Almost Sold Out: Seven Units Left at Waterfront Tower

• March 3rd 2011

by Mark Wellborn

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UrbanTurf has learned that Waterfront Tower, one of the largest and greenest new condo projects in Southwest, is close to selling out. The project is located at the intersection of 3rd and M Streets SW (map), around the corner from the Waterfront-SEU Metro station on the Green Line as well as some retail options that include a new Safeway.

Waterfront Tower has just seven of its 123 units left. The remaining units include four junior one-bedroom condos, all priced in the mid-$260,000s, and three one-bedroom units ranging in price from $294,900 to $329,900. To attract buyers, the project is offering $5,000 toward closing costs, and the next three buyers will receive free leased parking for one year.

Waterfront Tower’s blocky edifice was designed in the 1960s by world-renowned modernist I.M. Pei, the Chinese-American architect behind iconic structures like the glass pyramid at the Louvre Museum in Paris as well as the East Building of the National Gallery of Art. Local firm Torti Gallas & Partners gutted and updated the space with an eco-conscious flair, including low-VOC paints, Bentley Prince Street’s “Green Label Plus” recycled carpets, and high-efficiency appliances, windows, and lighting systems. Though the developer ultimately chose not to apply for LEED certification for cost reasons, Greg Rooney, VP for the project’s developer Bernstein Companies told UrbanTurf when we profiled the project back in 2009 that the building is “just as green as it would have been [with the certification], but we didn’t have to spend the extra $100,000.”

The building has a small gym, a Wi-Fi lounge, a bike storage room, and a party room off the lobby. Outside, there are couches and chairs fronting a large grassy courtyard.

For more on Waterfront Tower and the larger neighborhood of Southwest, see:

• Waterfront Tower: A Green Condo in The Little Quadrant That Could
• Southwest Waterfront: A Neighborhood Where A Change Is Gonna Come

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/waterfront_tower_on_the_verge_of_selling_out/3091.