Mar 6 2007
One National Harbor, the first condominium building at the National Harbor, is now under construction. The luxury residences will include 253 upscale condominiums, 40,000 square feet of first-class retail space, underground parking, a rooftop pool and terrace, an exercise room, spectacular views, and other high-level features.
Designed by WDG Architecture of Washington, D.C., the building is being constructed by Clark Residential of Bethesda, Md. Sales of the condominiums, which will be managed by McWilliams/Ballard, are expected to begin in the summer of 2007, with prices for one bedrooms starting in the $300,000s, for two bedrooms starting in the $400,000s and for penthouses starting in the $600,000s.
Rising from the banks of the Potomac just south of the Woodrow Wilson Bridge in Prince George's County, Md., National Harbor is a 300-acre, mixed- used development that will include five hotels (including the Gaylord National Resort and Convention Center, the largest such facility on the East Coast), thousands of residential units, tree-lined promenades with scores of shops and offices, a marina and much more. Developed by Fairfax, Va.-based The Peterson Companies, the project will command a mile and a quarter of the Potomac.
The Peterson Companies and its affiliates have had a major impact on real estate development in the Washington, D.C., area for more than 30 years. The firm is one of the largest privately owned development companies in the region.