The multi-family sector has shown its resilience, with most of the key indicators showing a positive trend. From a development perspective, the Washington, DC subway continues to be more active than most: nearly 40,000 units across 122 properties were under construction in August, according to Yardi Matrix data.

Some 7,700 units delivered from the start of the year through August, including PTM Partners’ Watermark at Buzzard Point, a community of 453 units in southwest Washington, DC This year, the developers inaugurated more than 6,700 units spread over 28 properties. Here are the five biggest multi-family developments underway in the Washington DC subway, based on data from Yardi Matrix.

Rank Property name Number of units City Owner Planned completion
1 Loudoun Metro 4,128 Ashburn, Virginia. Soave companies Q2 2022
2 DC crossing 818 Washington DC Tishman Spire Q4 2022
3 1900 Crystal Drive 808 Arlington, Virginia. Properties of JBG SMITH Q1 2024
4 861 New Jersey 750 Washington DC Oxford Property Group Q4 2022
5 Carlyle crossing 700 Alexandria, Virginia StoneBridge Investments Q4 2022

5. Carlyle Crossing in Alexandria, Virginia.

Carlyle crossing. Courtesy of StoneBridge Investments

In September 2019, StoneBridge Investments and Creek Lane Capital inaugurated the construction of Carlyle Crossing, a community of 700 units located at 2501 Mandeville Lane in Alexandria, Virginia. The project, which includes three 18-story towers, is expected to be completed in the last quarter of 2022. Pacific Life Insurance Co. has funded the $ 400 million development with a $ 253 million construction loan.

Carlyle Crossing will include a 210,000 square foot retail element with the mainstay of a Wegmans grocery store, as well as a 1,550-space parking garage. Facilities include a private 3-acre patio, coworking space, demonstration kitchen, and presentation stage. The development is within walking distance of two of Alexandria’s largest employers: the National Science Foundation and the US Patent and Trademark Office.

4,861 New Jersey to Washington, DC

A joint venture between Oxford Properties Group, JP Morgan Asset Management and Greystar is currently developing 861 New Jersey, a community of 750 units near the Washington Navy Yard. The partnership paved the way for the assets of two buildings in March 2020, with completion slated for October of next year.

The project is located at 861 New Jersey Avenue SE on land owned by rail freight company CSX. When complete, the property will also include 42,000 square feet of coworking space, 70,000 square feet of amenity space and a two-story parking garage.

3. 1900 Crystal Drive in Arlington, Virginia.

1900 Crystal Drive. Image courtesy of JBG Smith

Earlier this year, JBG SMITH Properties opened 1900 Crystal Drive in Arlington, Virginia. The 808-unit community will include a 27-story tower with 471 apartments and a 26-story tower with 337 units. Rising to 300 feet, the buildings will include a total of 40,000 square feet of retail space on the ground floor. The completion of the project designed by COOKFOX and Torti Gallas + Partners is scheduled for early 2024.

The development is taking shape on the site of a former office building in the National Landing District, which is home to Amazon’s second headquarters. JBG SMITH plans to include a series of neighborhood-focused improvements, such as a pedestrian street connecting 18th and 20th Streets, improved streetscapes, cycling facilities and a grand staircase connecting open public space.

2. Crossing from DC to Washington, DC

Crossing DC. Rendered courtesy of Handel Architects

In March 2019, Tishman Speyer inaugurated Crossing DC, a community of 818 units in Washington, DC. square feet, as well as 30,000 square feet of retail space on the lower floors. Wells Fargo Bank financed the construction with a loan of $ 122 million. Completion is scheduled for late 2022.

Handel Architects designed the project, Clodagh Design takes care of the interior design and James Corner Field Operations acts as a landscape architect. The development team also includes Clark Construction as a general contractor. The property spans a full block at 949 First St. SE in the emerging Capitol Riverfront neighborhood, which encompasses a wide range of new and upcoming multi-family, office and retail projects.

1. Loudoun metro station in Ashburn, Virginia.

Detroit-based Soave Enterprises began construction on one of the largest developments in the county’s history in August 2020. Spanning 158 acres between the Ashburn and Loudoun Gateway subway stations of the Silver Line, in At the junction of Loudoun County Parkway and Shellhorn Road in Ashburn, Va., the project will consist of a total of 4,128 units, with commissioning expected in the second quarter of next year.

Soave Enterprises, which developed the planned 2,800-acre Brambleton community 4 miles west, plans to set aside 8 acres for an elementary school, designate a 23-acre public park, and set aside land for offices and additional retail space.