The Dahlia Apartments is a 70-unit apartment building located on Georgia Avenue in Northwest Washington, DC, across from the former Walter Reed Army Medical Center. Since our acquisition in 2010, we’ve worked to enhance the historic qualities of the 1920s built structure while initiating a phased improvement program for the property, including both a repositioning of the asset and substantial physical plant improvements.
A key factor in the analysis of this project was the inherent quality of the real estate, and its proximity to Walter Reed, which sits directly across the street. Currently in the early stages of a master redevelopment, construction at the Walter Reed site is slated to begin in the near future and will include over three million square feet of housing, retail, and office space. As this development progresses, The Dahlia Apartments will serve as a key asset in bridging the existing neighborhood with the new Walter Reed community.