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Multibillion-dollar mixed-use project nears completion in DC after almost four decades

Portals development team wraps up vertical construction at final tower
The 356-unit residential complex at 1301 Maryland Ave. SW is slated to begin leasing next spring. (Rendering courtesy of 1301)
The 356-unit residential complex at 1301 Maryland Ave. SW is slated to begin leasing next spring. (Rendering courtesy of 1301)
CoStar News
September 1, 2026 | 8:43 P.M.

Vertical construction wrapped up at a 356-unit luxury residential building in Washington, D.C., in one of the final steps toward bringing a multibuilding, multibillion-dollar mixed-use development to fruition after nearly 40 years.

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