All the new apartment construction in-and-around the convention center in Washington DC is another example of sterile neighborhood development sweeping through our cities in a rush to create profitable 24-hour environments. You can see the same approach in downtown Toronto and downtown Los Angeles, in Houston and Atlanta as well as other major markets. The idea prompting this new development is to build high-end apartments near office districts and satisfy demand for convenient lifestyles sought by upwardly mobile millennials and well-heeled older executives looking for pied-a-terres. In fancily appointed apartments with various gym amenities and providing concierge services you can be steps from work instead of stuck in traffic during time-sucking daily commutes.

At Washington’s City Center, condominium residences in sleek mid-rise boxes start selling in the million dollar range. Filling adjacent office buildings, major law firms and lobbyists have moved east from redoubts in the traditional K Street corridor now closer to where they can conduct business on Capitol Hill. The likes of Burberry and Hermes showcase stores here, stylish restaurants with signature chefs draw lunch and dinner crowds, and the nearby Metro stops are some of the busiest in the city.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.