The Geneva

Address

1875 Connecticut Avenue, NW
Washington, DC 20009

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Details

Mayor Muriel Bowser broke ground on The Geneva, the largest office-to-residential conversion project in Washington, DC’s history. The project will deliver 532 new homes, including 60 permanently affordable units, as part of the Bowser Administration’s continued work to bring more residents Downtown, stabilize the commercial office market, and deliver housing across all eight wards.

The Geneva received support from the District’s Housing in Downtown (HID) program, which is designed to catalyze new residential development and add thousands of new residents to Downtown DC through a 20-year tax abatement for commercial-to-residential conversions. Through a $41 million investment, the District estimates that HID will help deliver 6.7 million square feet of new residential use, or 8,400 new housing units. The Geneva represents a major milestone in the District’s Comeback Plan and underscores DC’s position as a national leader in converting underutilized office space into vibrant residential communities.

Located at 1825–1875 Connecticut Avenue NW, the 604,000-square-foot property will be converted into a 15-story, LEED-certified residential building featuring 57,000 square feet of ground-floor commercial space. The project is also backed by a record-setting $465 million in Commercial Property Assessed Clean Energy (C-PACE) financing from Nuveen Green Capital and a $110 million senior loan from Mavik, bringing total project financing to $575 million.