WTOP News: First City Ridge apartment building opens

CATEGORY: NEWS, RESIDENTIAL

Thank you to WTOP News for featuring City Ridge! Read the original article here.

City Ridge, the 1.1 million-square-foot redevelopment of the former Fannie Mae headquarters on Wisconsin Avenue in Northwest D.C., which broke ground in late 2018, has completed the first of four residential buildings, with residents beginning to move in.

The Branches is a 157-unit building that is actually two connected towers, with one- to three-bedroom apartments, almost half of which have private outdoor spaces. Rents range from about $2,600 a month for a 600-square-foot one-bedroom to more than $11,000 a month for a 2,000-square-foot penthouse.

Three other residential buildings — The Coterie, Crescendo and Botanica — start move-ins later this summer and fall. There are 690 apartments across the four buildings.

An unusual perk for residents is access to all amenities across all four buildings, including six rooftop areas, a 24-hour fitness studio, coworking space, a studio for classes and workshops, a lounge with a multisport simulator, a residents-only playground, and a shared rooftop greenhouse where residents can grow their own plants.

City Ridge, at 3900 Wisconsin Avenue NW, is spread across 10 acres, including a 1-acre park.

A Wegmans grocery store opens this July, the first in D.C., built under the original Fannie Mae headquarters building.

In addition to Wegmans, tenants include King Street Oyster Bar, Tatte Bakery & Cafe, the largest Taco Bamba location in the city, KinderCare and an Equinox fitness club.

Construction proceeded uninterrupted through the pandemic, with D.C.-based Roadside Development and North America Sekosui House (NASH) as partners.

Roadside and NASH acquired the property in 2016 for $89 million, after Fannie Mae announced plans to relocate its headquarters to 1100 15th Street, NW.

The original headquarters building was built by Equitable Life Company in 1958 and 1962.

The developers chose the name City Ridge because of its location at a Ridgeline that separates the two stream valleys of Rock Creek Park to the east and Foundry Branch to the west. It is one of the highest points in D.C.