According to the Washington Business Journal, the developers of the new Southwest Waterfront have submitted the stage one Planned Unit Development (PUD) application. It appears that the number of residential units has increased in the PUD submission from when the PN Hoffman-Madison Marquette Waterfront team met with the community in September to present their plans. From the article:
The application, filed Feb. 10 with the Zoning Commission, proposes roughly 3.2 million square feet of gross floor area, including 1,200 mixed-income residential units, 400,000 square feet of office space, 200,000 square feet of retail, 625 hotel rooms, 100,000 square feet devoted to cultural activities, 25,000 square feet for maritime activities and 12 acres of parks and open space. Those numbers, from the notice of the filing issued Friday by the commission, suggests the project's scope has changed in recent months to go heavier on residential and lighter on office. As recently as September, the development plan featured 560 dwelling units and 840,000 square feet of office.Back in December, the DC Council passed a bill to change the way affordable units will be divided at the Southwest Waterfront development. Under the new law, 30% of the first 500 units of housing will be set aside as affordable housing (half for those making 60% of Area Median Income, or AMI, which is about $109,000 for a family of four, and the other half for those making 30% of AMI). For the remaining 700 units, at least 20% will be set aside as workforce housing (for households making 80% to 100% of AMI). Construction is supposed to get underway on phase one, from 7th Street to 9th Street, by the end of 2012.
Update: The WBJ got outscooped by our local monthly paper...The Southwester!