197 Market Rate Units, 125 Affordable Apartments Break Ground on 14th Street
Two new residential developments — one affordable and one market-rate — are headed to a corridor in DC that defined the development boom in the city over the last 15 years.
On Wednesday, The Faircliff, a 125-unit affordable housing project, and NOVEL 14th Street, a 197-unit market-rate development, broke ground at 2601 14th Street NW (map). The two side-by-side projects will replace the former 80-unit Faircliff Plaza East apartment complex, quadrupling the total number of housing units on site.
The Faircliff, from Somerset Development Company, Jonathan Rose Companies and Housing Up, includes 80 affordable replacement units for former Faircliff Plaza East residents as well as 45 new affordable units available to households with income at or below 50% of Area Median Income.
Designed by Eric Colbert & Associates, The Faircliff will be constructed to Passive House standards and feature a range of green design features, including a green roof, electric vehicle charging for 19 parking spaces, and carbon-injected concrete.
The 197-unit NOVEL 14th Street, developed by Crescent Communities, will feature studios, one-bedroom, and two-bedroom apartments, as well as amenities, including a rooftop pool and clubhouse, courtyard, a gym with a treadwall and yoga room, multiple co-working rooms, and library.
The first residences at the Hord Coplan Macht-designed building are expected to deliver in 2025.