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1401 Penn

1401 Penn

1401 Pennsylvania Ave. SE Washington, DC 20003
February 20, 2023

1401 Penn is a completed EB-5 mixed-use residential development located at 1401 Pennsylvania Ave. SE, Washington, DC 20003, along one of Capitol Hill’s most recognizable corridors. The project introduced a modern apartment community with street-level retail space, high-quality resident amenities, and strong access to neighborhood services, transit, and downtown Washington, D.C.

The development is a seven-story Class A apartment building with approximately 20,000 square feet of ground-floor retail space. Public EB-5 project information identifies 1401 Penn as a mixed-use apartment and retail development in Capitol Hill, one of the largest historic districts in the United States.

The property is now known in the market as Blackbird, a contemporary apartment community at the same address. Public apartment listings describe the building as offering 167 contemporary apartments, with amenities such as a courtyard pool, fitness center, rooftop lounge, concierge service, and views toward the U.S. Capitol.

From an EB-5 project perspective, 1401 Penn represents an urban infill development in a strong Washington, D.C. residential market. The project combined multifamily housing with ground-floor commercial space, supporting construction activity, neighborhood retail activation, and long-term property operations.

Its Capitol Hill location gives the project a strong lifestyle and connectivity advantage. Residents benefit from access to restaurants, shops, public transportation, employment centers, and local landmarks, while the building’s rooftop and amenity spaces create an elevated residential experience within a historic urban setting.

Key project elements include

Project Type: Mixed-use multifamily and retail development

Location: 1401 Pennsylvania Ave. SE, Washington, DC 20003

Market: Capitol Hill, Washington, D.C.

Building Height: Seven stories

Residential Component: Class A apartment community

Retail Component: Approximately 20,000 sq. ft. of ground-floor retail space

Amenities: Rooftop lounge, pool, fitness center, terrace, clubroom-style spaces, and concierge services

Views: U.S. Capitol and surrounding Washington, D.C. skyline

Project Status: Completed

EB-5 Profile: Urban mixed-use development supporting construction, retail activation, and job creation activity

1401 Penn stands as a completed EB-5 mixed-use project that brought modern apartments, retail space, and lifestyle amenities to a highly visible Capitol Hill location.

Multifamily

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