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DC is a top city for apartment conversions

By October 15, 2021March 8th, 2022588 Comments1 min read
This article originally appeared on October 15, 2021, published by WTOP.

Not all new apartment development is new construction, and a report says D.C. is the No. 2 city for apartment conversions, topped only by Philadelphia.

Since 2020, Rent Cafe says D.C. has redeveloped 1,762 new units by repurposing older buildings.

But it hasn’t all been former office buildings. It includes the old Walter Reed Army Medical Center on Georgia Avenue, Northwest, where three buildings have been converted to residential so far at what is now The Parks at Walter Reed. Six other residential buildings at The Parks are either under construction or will be soon.

Of the total number of conversions in D.C., 1,100 new units have been created by repurposing old office buildings, the highest number of office-to-apartment conversions in the country.

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