45 Q St SW Immeuble residentiel 60 lots À vendre Washington, DC 20024

SHOVEL-READY DEVELOPMENT:
45 Q Street boasts full entitlements, including site plan approval, allowing new ownership to bypass the lengthy and costly D.C. entitlement process. The reduced timelines from acquisition to groundbreaking, enables developers to immediately move to completion and revenue.
FAVORABLE TAX INCENTIVES: OPPORTUNITY ZONE, QUALIFIED CENSUS TRACT, & SDDA DESIGNATIONS:
45 Q Street SW is strategically positioned within a trifecta of advantageous designations: an Opportunity Zone (OZ), a Qualified Census Tract (QCT), and a Small Difficult Development Area (SDDA), as identified by HUD. These designations present substantial financial incentives and tax benefits that enhance the project’s appeal and offer compelling opportunities for investors.
FASTEST GROWING NEIGHBORHOODS:
The site benefits from its strategic location at the nexus of Navy Yard, The Wharf, and Buzzard Point—three of the fastest-growing neighborhoods in the District. Over $3 billion in public and private investment has transformed these vibrant areas into premier mixed-use communities, driving a 12% surge in population growth over the past five years. The ongoing development of The Wharf’s $2.5 billion second phase and the Buzzard Point revitalization are adding millions of square feet of new office, retail, and residential space. This dynamic growth, combined with top-tier dining, retail, and entertainment options, positions 45 Q Street SW at the heart of D.C.’s most exciting and rapidly evolving submarket.
SECURED MOXY HOTEL FLAG ENHANCES PROJECT APPEAL:
45 Q Street SW features a partnership with Moxy Hotels, a dynamic brand by Marriott International known for its experiential, lifestyle-focused design. This secured flagship relationship provides immediate brand recognition, leveraging Marriott’s extensive Bonvoy loyalty network to drive occupancy. The Moxy’s energetic, social atmosphere is a perfect fit for the vibrant Southwest Waterfront, enhancing the mixed-use development’s appeal and offering a strong competitive advantage in attracting both guests and investors. This strategic branding elevates the project, solidifying its position as a premier destination in Washington.
LAST BALLPARK & AUDI FIELD ADJACENT DEVELOPMENT OPPORTUNITY:
45 Q Street SW presents an extraordinary opportunity for a developer to acquire a shovel-ready site in the thriving Southwest Waterfront submarket of Washington, D.C., located between Nationals Park and Audi Field. Nationals Park attracts over 1.8 million fans annually, with an average game attendance of 23,000, while Audi Field, home to D.C. United, hosts capacity crowds of up to 20,000. In 2023, Washington, D.C. welcomed a record 25.95 million visitors, surpassing pre-pandemic levels and marking a 17% increase from 2022. This influx of visitors, combined with the strong attendance at nearby sports venues, highlights the area’s dynamic activity and underscores the site’s potential for a high-impact.
EXPLOSIVE GROWTH & STRONG DEMOGRAPHICS IN SOUTHWEST D.C.:
Southwest D.C. has transformed into one of the city’s most desirable residential markets, driven by over $3 billion in public and private investment, including The Wharf and new Class A office buildings. New developments are achieving rental rates above $4.50 per square foot and condominium sales exceeding $1,000 per square foot, signaling strong demand for high-quality residential projects. The area’s demographics feature affluent young professionals and government employees, with median household incomes over $130,000. Population growth is projected at 8% over the next five years, bolstered by continued job creation and the expansion of The Wharf, making 45 Q Street SW ideally positioned to capture this sustained demand.
EXCEPTIONAL CONNECTIVITY & ACCESSIBILITY:
45 Q Street SW boasts unparalleled connectivity, positioned directly at the Frederick Douglass Bridge with immediate access to I-295, linking seamlessly to I-495, I-95, Northern Virginia and suburban Maryland. This prime location provides residents and visitors with swift vehicular access across the metropolitan area, making it one of the most car-friendly developments in Washington, D.C. Additionally, the site is a 10-minute, “two turn” drive from the Ronald Regan National Airport offering unparalleled convenience for those whom need to travel. Lastly the site is within a 10-minute walk of two Metro stations, Waterfront and Navy Yard-Ballpark, connecting riders directly to Downtown.
?D.C. RECORD VISITATION & TOURISM GROWTH:
In 2023, Washington, D.C. welcomed a record 25.95 million visitors, surpassing pre-pandemic levels with a 17% increase from 2022. This surge places D.C. among the top U.S. travel destinations, consistently ranked in the Top 10 Best U.S. Cities by U.S. News & World Report. While major cities like New York and Miami dominate international tourism, Washington, D.C. remains a top choice for both domestic and international travelers, driven by its iconic landmarks, vibrant cultural scene, and dynamic neighborhoods. Continued investments in infrastructure and tourism initiatives are expected to sustain this upward trend, reinforcing the demand for quality mixed-use developments like 45 Q Street SW, ideally positioned to capture this growing visitor base.