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Two prominent DC districts chart different paths to shore up multifamily market

Office conversions are reshaping downtown, while Southwest-Navy Yard works through a decade of rapid growth
Willow Bridge is in the process of converting the Department of Homeland Security's former downtown headquarters, pictured center, into apartments. (CoStar)
Willow Bridge is in the process of converting the Department of Homeland Security's former downtown headquarters, pictured center, into apartments. (CoStar)
CoStar Analytics
August 17, 2026 | 3:12 P.M.

Two of Washington, D.C.'s most prominent urban districts are on the path to stabilizing their respective multifamily markets, albeit through different approaches.

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