Fall 2023 Colvin Capstone Competition Winner - First Prize
The Residences at Harvard Court is a 144-unit, 115,000 SF assisted living and memory care community featuring studio, one- and two-bedroom units with kitchenettes and private bathrooms. The property features a plethora of amenities & services including activity rooms, commercial kitchen, health clinic, medication management, and transportation. As a residential healthcare community focused on dementia and assistance with activities of daily life, The Residences will be an enriching and accessible community that fosters senior wellness, social connections, and peace of mind in a diverse neighborhood of Washington, DC. This underutilized site provides a great opportunity to create a unique housing product in a resource-rich, transit-oriented location that also serves as an employment generator, bringing approximately 70 high-quality jobs to the area. As the US and DC populations age, life expectancies increase, and alternative care costs rise, assisted living becomes increasingly important. Residences delivers a sustainable, LEED standard product with competitive rates and high-quality staffing while providing strong returns to our investors.