Four Redevelopment Companies Changing The Face of DC

Washington DC has become an exciting place to live and is attracting quite a few celebrities and young professionals. Well known public figures such as Frank Haney, Ivonka Trump, Sylvester Stallone and Elizabeth Taylor have called the Washington DC area home. Young professionals are also finding the city very desirable. Residents have access to beautiful parks, historical sites and job opportunities. One of the main factors to creating a sustainable community in Washington DC is real estate redevelopment. The city has several long standing companies have who have transformed the DC landscape with governmental development and community properties.

Urban Vibe Developers is a Washington DC real estate developer located a short distance from the White House. This is an Innovative real estate company focused on developing condos and townhomes throughout the DC metropolitan area. Strategically, Urban Vibe Developers focuses on purchasing undervalued properties that have a high potential for return. One of the companies well known redevelopments is located in Dupont Circle. The company purchased a historical mansion and converted the building into four separate luxurious condo units.

Douglas Development Corporation is one of the largest and oldest real estate development companies in the Washington DC area. Founded in 1985 the company is well known for redeveloping historical buildings as well as creating mixed-use properties. Douglas Development Corporation is responsible for more than 180 real estate projects in the Washington DC area. The company recently won a government bid for the Cotton Annex in Southwest Washington D.C.

Founded in 1952 Learner Enterprise is full service real estate company. The company’s projects encompass commercial, retail, residential and hotel development. The company’s portfolio includes over 7,000 apartments and 22,000 private homes. Notable achievements include award winning projects such as the Washington Square and the Dulles Town Center. JBG Companies is a development company with over $20 billion of real estate. The private development company focuses on residential, and commercial property. JBG is dedicated to creating sustainable and affordable developments. The company has recently won the CREBA award for Developer of the Year in 2017.

Established in 1965, Peterson Companies is a real estate and management company. Leasing over 30,000 residential units as well as commercial and retail properties. As a long term investor, Peterson Companies focuses on building thriving and well planned communities. As a result, some of their developments may integrate commercial, retail and residential properties. Featured communities in the DC area include National Harbor and Downtown Silver Springs. The company has also owns The Dulles Discovery Office Park. The park consists of several government buildings and the National Security Agency.