Crystal City will soon have more than 800 new residential units.
This is after the County Board on Saturday(March 21) approved a plan for a new redevelopment at 1900 Crystal Drive. Developer JBG SMITH plans to tear down an old office building and build two residential towers with ground-floor retail space in its place.
The project, which also includes two towers at 223 23rd Street with residential, office, and retail space, and a new office building at 101 12th Stree S., was approved as part of a Phased Development Site Plan (PDSP). The final approval of each of those site plans will likely follow in 2021.
In the press release, JBG said that given the coronavirus outbreak they will evaluate the overall market conditions, construction costs, and other capital allocation opportunities of the 1900 Crystal City project before beginning construction. However, a company rep said at the meeting that work will likely start shortly after approval, with construction expected to take 2-3 years.
“With Amazon employees already arriving in the area and many locals who want to live in a vibrant downtown, we are thrilled to reach this important milestone in National Landing’s ongoing development and transformation,” Tony Greenberg, Executive Vice President of Development at JBG SMITH, said in a statement.
“New apartments and street-level retail are essential for cultivating a thriving 18-hour environment where people can walk from their home or office to their favorite restaurants and amenities,” he said.