Construction of The Iris, which includes 86 affordable units, is near completion at the former site of the DCHA headquarters at 1133 North Capitol Street, NE.
Greystar Real Estate Partners is providing leasing and management for the 380,000-square-foot property. This DCHA-sponsored public-private partnership is the first phase of the three-phase redevelopment and reuse of the underutilized former DCHA headquarters site.
“The Iris strengthens the DC Housing Authority’s residential options to our residents by offering homes that are thoughtfully designed, modern and, most importantly, affordable in a central location,” said DCHA Executive Director Keith Pettigrew. “This phase is the first step in the substantial growth of affordable housing options in the NoMa neighborhood.”
“MRP has been active in the NoMa market for almost two decades and we have developed this property in keeping with the strong relationships and understanding of NoMa resident preferences we have come to know over the years,” said Bob Murphy, MRP Realty founding partner. “It’s the perfect opportunity to create a mixed-income community that provides both affordable and market rate housing in the same extraordinary building.”
The LEED Gold property, with an interior design emphasis on nature and an indoor/outdoor lifestyle, enjoys views of the Capitol and Washington Monument from the rooftop with pool, cabanas, and dog park. With nine-foot ceilings in every unit, home options include studio, one-, two-, and three-bedroom residences. Twenty percent of the unit mix is affordable for families at 60% of AMI and below.
Common area and exterior amenities include: double-height lobby with concierge; open space co-working area with private work pods; fitness center and yoga studio; sports bar; private dining room with stainless steel appliances for cooking and catering; outdoor kitchen with BBQ stations; reading library; courtyard rooftop lounges; multi-station dog-grooming facility; and a mail and package center.
There are two levels of below-grade garage parking, including spots with EV charging stations, as well as bike storage and resident storage units.
“The demand for this elevated lifestyle continues to grow in NoMa, and we have been pleased with the immediate positive reaction,” said Kim Horton, Greystar General Manager for The Iris. “The amenities at The Iris rival the best across downtown Washington, and this location remains highly sought after for both first time renters and those moving up to newer, larger floorplans.”
Residences, with floor-to-ceiling windows and many with spacious balconies, include: spa-inspired bathrooms with walnut vanities, black fixtures, tile shower wall and flooring with glass doors; spacious closets with custom shelving; kitchens with upgraded stainless steel appliances, Quartz countertops with custom cabinetry, subway tile backsplash, pendant lighting over kitchen islands; in-unit stacked full-size W/D; wide-plank wood-like flooring throughout; and smart keyless entry system.
CBG Building Partners is the construction company for The Iris, and Moya Design Partners is the architect.
Tours and lease applications for The Iris, a 430-unit mixed-income residence developed through a partnership of the District of Columbia Housing Authority (DCHA); MRP Realty (MRP), a Washington DC-based developer of commercial, residential, industrial and mixed-use real estate; CSG Urban Partners, LLC, a full-service real estate and business strategic planning advisory and development firm headquartered in DC; and Taylor Adams Associates, a real estate development and advisory firm that specializes in structuring and executing Public-Private Partnership projects, are now open.
