October 12, 2016 Comments Off on Skanska Developing First D.C. Multifamily Views: 318 National News, Northeast

Skanska Developing First D.C. Multifamily

Swedish developer Skanska has arrived in Washington DC with Resa, its first multifamily development in the metro. The 12-story, 326-unit building is going north at a cost of $112 million.

The project at 22 M. St. NE is in DC’s NOMA area . Resa will include ground-floor restaurant and retail space, and Skanska is targeting the building for LEED Silver certification.

The apartment structure is the first phase of Tyber, a three-building, mixed-use development. Skanska is planning for Tyber to encompass 581,000 square feet of office space, 30,000 square feet of restaurant and retail, and an open-air courtyard.

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