Student Housing, the Newest D.C. Real Estate Boom?
The rendering of the new dormitory/classroom building by
Okay, maybe "boom" is going a little too far. But between the huge expansion of George Washington University over the years, the $38 million student facility being built in NoMa, and now this New York University news, it seems student housing is presenting some great building opportunities here.
The Washington Business Journal is reporting today that NYU plans to build its first "U.S. study-away campus" dorm at 1307 L St. NW, in the heart of downtown, roughly a block north of Franklin Square.
is designing the 75,000-square-foot mixed-use facility that is targeting Gold Leadership in Energy and Environmental Design (LEED) certification and will include space for classes, support staff, lobbyists and student dorms.
The five floors of student living space will feature four-person suites, and one challenge the architects encountered was creating equitable living spaces in the narrow, 60’ wide site.
Just last month, The Washington Center (TWC) broke ground on its 140,000 square foot, 95-unit NoMa dorm (the same project mentioned above). According to DCmud, developer Greenbaum & Rose Associates once planned to build a 112-unit condo building at the site, but "the project never got off, or out of, the ground." And now we know what did!
Image by Jpellgen, Flickr Creative Commons