Washington D.C.'S Northwest Quadrant to Gain 234 Rental Homes With Modera Lady Bird Mixed-Use Project
Key Takeaways The Modera Lady Bird project will add 234 new rental units to Washington D.C.'s Northwest Quadrant. This development is expected to provide some relief to the city's challenging rental market conditions. Despite this addition, developers and investors may still experience a high demand for affordable housing options. New Developments in D.C.'s Real Estate Market The Northwest Quadrant of Washington D.C., home to landmarks like the National Cathedral, is set to gain 234 new rental units through the Modera Lady Bird mixed-use project. This development aims to alleviate some pressure in D.C.'s suffocating rental market. With occupancy rates already sky-high, this may only scratch the surface of the crisis. Developers and investors could still face unyielding demands for affordability. Discover how this project could potentially reshape the local real estate scene. D.C.'s Rental Crisis Intensifies The Washington D.C. rental market is at a boiling point. Wi...