Completion of $189 million urban mixed-use project set for early 2017.
Arlington, Virginia-based multifamily developer Insight Property Group and institutional investors advised by J.P. Morgan Asset Management announced today that construction has begun on the Apollo mixed-use apartment project in the heart of DC’s dynamic H Street NE corridor. The Apollo will include luxury apartment units, an urban Whole Foods Market plus other exciting retail that will add to the vitality of the project and its neighborhood. This LEED-certified project will also feature state of the art amenities including a green roof with Capitol views. The Apollo project will be served by Metro, Amtrak at nearby Union Station, the City’s new streetcar line and an on-site Capital Bikeshares facility.
According to Insight Partner Trent Smith, “The Apollo is located about midway between Union Station to the west and H Street’s Atlas District to the east. That central location,” he says, “helps tie the corridor together and will make the Apollo a destination.” Smith adds that the project concept was built on three years of collaboration with neighboring residents, ANC’s and City planners: “All of us envisioned a pedestrian-friendly, urban village and a visible focal point for the Street and neighborhood.”