Ground Broken on Multi-Billion Dollar Portals Development in Southwest D.C.

Ground has been broken on Republic Properties Corporation’s Portals IV project, the residential building located at 1301 Maryland Ave., Southwest. This project is the concluding phase of the Portals Complex development overlooking the Tidal Basin and Washington, D.C.’s iconic monuments and memorials. Balfour Beatty is serving as general contractor.

The Portals Complex, a landmark public-private partnership with the District of Columbia, represents a substantial real estate investment with an aggregate market value over $2 billion and totals approximately 3 million square feet upon completion. The complex already includes Class-A office buildings; the luxury Salamander Hotel will now feature two high-end residential buildings once 1301 (and its plaza) joins neighbor 1331.

1301 will be a 525,000-square-foot development with 356 market-rate residences and — similar to its sister building at 1331 Maryland Ave. — the new trophy apartment building will feature an expansive rooftop with an outdoor pool and other top-tier amenities. The luxury project will include a sky terrace with grills and firepits, clubroom entertaining areas including a piano lounge, coworking spaces, dog spa and park, fitness center and game lounge with sports simulator. The building was designed by WDG Architecture with interiors by Akseizer Design Group.

Images courtesy of Republic Properties Corporation

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