The former George Washington University dorm at 2601 Virginia Avenue NW is planned to become a brand new residential development with approximately 250 apartments and a rooftop pool.
Washington, D.C.-based real estate investment company Urban Investment Partners(UIP), the developer who purchased the site in August 2016 for $36 million, plans on adding a 5,000-square-foot, ground-level restaurant as well as a rooftop juice bar to the project. Washington Business Journal reported that the only way to get neighbor buy-in on these two plans was to promise to not to let anyone except residents patronize the juice bar and to never apply for a liquor license for a rooftop venue.
The delivery of the project is estimated to be the fall of 2018. One complete, the building will be known as Boathouse. The property was previously known as the Howard Johnson hotel. In 1972, it was the site where the "Watergate burglars" held the stakeout during the break-in at the Democratic National Headquarters.
• Converted GW dorm to get a new restaurant, possible rooftop juice bar [Washington Business Journal]
• Site of Watergate stakeout sold for $36M [Curbed DC]