Earlier this week DCMud published a recap on the SeVerna project that could potentially begin development this summer. The SeVerna is an affordable housing development sponsored by Golden Rule just east of the Triangle in Northwest One at 1st and L Streets NW. Much of the information on this project is sourced from The Henson Development Company website including renderings and a more substantial narrative (see below) than the one we shared in January.
From the Henson Development Company:
Golden Rule Apartments, Inc. (GRA), in partnership with THC and MissionFirst Development as developers for this project, plans to redevelop its former Golden Rule Center site under current zoning into The SeVerna: a 100% affordable 60-unit rental development in the first phase of development at First and K Streets, NW. The site is located in the Northwest One/Sursum Corda Superblock, a highly visible and significant New Communities planning area for Washington, DC.
The former Golden Rule Center site (all buildings at the site were demolished in early 2009), is located in the rapidly gentrifying area of the Mount Vernon Triangle/Northwest One. Several major market rate condos and multifamily developments have been recently completed, as development has spread from downtown and Gallery Place to this area.
The SeVerna will consist of a five story building along First Street, connecting to two-over-two townhouses along L Street. The townhouses will contain larger three and four bedroom units in an environment more suited to families, while the mid rise will have studio, one, two, and three bedroom units. A community room will be located on the ground floor of the building. Phase two will be a mixed income high rise along K Street of approximately 120 units. The second phase will commence as the market shows it is ready to accept these units.