Commercial Activity

3220 Prospect Street, NW
Five-story, 45-unit residential development

OGB has approved plans for Prospect Place, a new five-story development from McCaffrey Interests and W.T. Weaver and Sons. The development is located across from Cafe Milano, Peacock Café, and Donsak restaurants.

For more information about Weavers Row, contact Morgan Ziegenhein for development inquiries [mziegenhein@McCafferyInterests.com, 703-351-9500] and Weavers Row [weaversrow@keenermanagement.com] for leasing inquiries.

3000 M Street, NW
100-room hotel with retail and restaurant space

Grunley/Thor Equities is redeveloping the former Latham Hotel at 3000 M Street, bringing new retail and restaurant space to M Street and a renovated boutique hotel with approximately 100 rooms. The project is tied to celebrity chef and humanitarian José Andrés and will be his first hotel. Construction is underway, with expected completion in June 2028. For more information about the 3000 M Street redevelopment, contact info@grunley.com.

1051-1055 29th Street, NW
72-unit Four Seasons condominiums and one-acre public park

A partnership group between The Levy Group, The Georgetown Co., and the Four Seasons will redevelop the former West Heating Plant into 70 luxury units and a one-acre public park along the historic C&O Canal. World-renowned architect David Adjaye is designing the new building and landscape architect Laurie Olin is designing the public park.

2715 Pennsylvania Avenue, NW
29,000 square feet, seven-unit building

Eastbanc, Inc. is currently redeveloping the old Valero gas station site across from the Four Seasons Hotel to bring seven luxury condominiums and a ground floor retail and restaurant space to Georgetown’s eastern gateway. For more information, contact Eastbanc at 202-737-1000.

3255 Prospect Street, NW
Five condos with ground floor retail

The Elliot is a new condo community by Pizzano Contractors and features five luxury residences, with the first-floor residence including its own terrace and garden, and a full floor penthouse that comes with a private rooftop. Each apartment has 10-foot ceilings with dedicated parking spaces as well as garage-level storage. While unit two and the penthouse have been sold, units one, three and four are still available. Sales are managed by Washington Fine Properties.

1023 31st Street, NW
107-room hotel

Canal House of Georgetown is a Tribute Portfolio hotel by Marriott Bonvoy with a total of 107 guest rooms. The hotel features 92 guest rooms, 10 specialty suites, three king terrace rooms and two attached town homes. All guest rooms are pet-friendly and feature views of the C&O Canal, Georgetown waterfront, or DC skyline. Near Georgetown University and its campus, Canal House is within walking distance of several notable restaurants in the area including Chez Billy Sud, Filomena, and Martin’s Tavern.

3401 Water Street, NW
230-room hotel with ground floor restaurant and bar

The citizenM Washington Georgetown Hotel, located at 3401 Water Street, is a seven-story hotel that incorporates a two-story building as its base structure. The hotel features 228 guest rooms, a fitness room, bar, lobby, reception area, and multi-purpose space and is operated by Marriott Bonvoy. The property opened in June 2026 and is the brand’s third location in the city.

1238 Wisconsin Avenue, NW
8,149 ground floor retail, 12,831 office, and 3,227 residential space

1238 Wisconsin Avenue, NW is a portfolio developed and managed by EastBanc, located at the corner of Wisconsin Avenue and Prospect Street. Designed by McInturff Architect, the project is approximately 29,618 square feet consisting of roughly 8,149 gross square feet of retail space, 3,227 square feet of residential space and 12,831 square feet of office space. The five-story, mixed-use building includes five residential units. Located in the heart of Georgetown, this redevelopment provides tenants visibility from M Street, Georgetown’s high street. Current tenants include Clare V, Outerknown, Blank Street Coffee, and Van Leeuwen Ice Cream.

1515-1517 Wisconsin Avenue, NW
6-unit apartment building with ground floor retail

The former home of the John Rosselli and Associates store was previously owned by the late developer and lawyer David Elliott (2021) and is now owned by 1515 Wisconsin Avenue, LLC. The space features HOSŪ Korea, a Korean skincare shop, as part of its ground floor retail offering as well as renovated apartments designed by Gronning Architects. The project includes a residential addition on 1517 Wisconsin Avenue.

1000-1050 Thomas Jefferson Street, NW
299-unit apartment building with ground floor retail and restaurant spaces

This project is breathing new life into the neighborhood as the first multifamily development to deliver 150+ units in Georgetown in more than 100 years. A joint venture by Potomac Investment Properties, Rockpoint, and LCOR, the two-building property, located at 1000 and 1050 Thomas Jefferson Street, NW, is slated to feature approximately 18,100 square feet of street-level retail as well as a ground-floor restaurant space. The luxury development is next to Baked & Wired as well as the Foundry office building and steps away from the neighborhood’s historic waterfront.

2900 M Street, NW
Newly restored historic Georgetown retail block; 800-30,000 square feet

This project was acquired by AGEM Property in June 2025, with a real estate block valued at $27M. Dochter & Alexander retail advisors are marketing and leasing the space, which features between 800-30,000 SF available to rent. The property includes a total of 10 units and creates a bespoke opportunity for complementary co-tenancy. Positioned at the entrance to Georgetown, 2900 M Street is adjacent to The Four Seasons Hotel and Residences, and steps away from the West End and Dupont neighborhoods.

It’s all about location, location, location. The BID’s annual State of Georgetown report compiles a wide range of data that can support decision makers, including:

• Employment data and industrial sector concentration

• Rental rate and vacancy trends

• Residential demographics

• Visitor profiles and psychographic data

• Hotel and hospitality statistics, including rates and vacancy

• Retail merchandising mix

• Pedestrian traffic patterns

• Traffic and transit counts

The BID can also provide custom research that elaborates on topics presented in the State of Georgetown in order to support a location decision.

Interested in learning how to form and operate a business in DC? Please consult the Washington DC Economic Partnership website.

(Note: The WDCEP is an independent, 501(c)(3) organization that promotes business opportunities throughout DC.)

To obtain a city permit, begin by visiting the DC Government website, www.dc.gov, which will direct you to the appropriate agency webpage. For permit advice, contact John Wiebenson, Georgetown BID Director of Operations, at jwiebenson@georgetowndc.com or 202-400-3691.

The moratorium on restaurant liquor licenses in Georgetown expired in 2016. There is no longer a cap on the number of Class C/R and D/R licenses for restaurants and multipurpose facilities in Georgetown. Some restrictions still apply within the Georgetown Historic District. Notably, no more than six Class C/T and D/T licenses (on-premises consumption) may be issued to taverns, and no Class C/N or D/N licenses may be issued to a nightclub.

In addition to city-wide building and construction codes, The Old Georgetown Act of 1950 (Public Law 81-808) designated the federal Old Georgetown Historic District and established the requirement for design review of proposed projects in Georgetown by the Commission of Fine Arts and Old Georgetown Board.

Signs, window, door, and storefront replacements, mechanical equipment, visible electrical wiring and lighting, and other changes commonly associated with exterior renovations require review by the OGB.

More Information:

Design Guidelines for Historic Commercial Buildings
Signs, Awnings, Canopies
Sign Regulations
Old Georgetown Board