Public-private partnerships come together to find success at 3Tree Flats
Washington, DC -- JAIR LYNCH Development Partners and District of Columbia officials held a ribbon cutting ceremony for 3Tree Flats at 3910 Georgia Avenue NW today. The event included a tour of the $42 million mixed-use project that sits just 2 blocks from the Georgia Avenue-Petworth Metrorail station.
The mixed-use, mixed-income community includes 130 apartment homes and is now fully leased – 90 days after opening. The six-story development features a mix of studio, one, two and three bedroom homes including 11 two-story loft homes each with a private terrace. The ground floor houses a 28,000 SF neighborhood health care center owned and operated by Mary’s Center for Maternal & Child Care.
“Transit-oriented, sustainably built, efficiently operated and amenity-rich, 3Tree Flats is a leader in the Petworth neighborhood and in the District,” said Jair Lynch. “The development team should be commended for a well-orchestrated project from conception to delivery combining creative solutions, strong partners and multiple funding sources.”
The project has truly been a neighborhood effort to provide affordable, workforce housing in a mixed-use, transit-oriented development. Sources of capital from 10 different federal, local and private organizations included the US Department of Housing and Urban Development (HUD) through the Federal Housing Administration’s (FHA) 221(d)(4) mortgage insurance program, DC Housing Finance Agency (DCHFA) which provided funds through a McKinney Act loan and tax-exempt private activity bond volume cap, the Department of Housing and Community Development (DHCD) which provided a loan through the Housing Production Trust Fund, the Office of the Deputy Mayor for Planning and Economic Development (DMPED), Stratford Capital Group, which syndicated low-income housing tax credits to M&T Bank and Sherwin Williams, and the DC Primary Care Association (DCPCA), which provided funding for the Mary’s Center primary care facility.
3Tree Flats is 125,000 SF and certified LEED Gold ND (for Neighborhood Development). The amenities include a fitness facility, a green roof terrace and community room. The scenery from the rooftop provides a panoramic view of the US Capitol, National Cathedral, Washington Monument, and the National Basilica.
The apartment community is inspired by two commissioned artworks. One is a metal sculpture of three trees in the building’s interior courtyard visible from each floor. The work is called 3 Trees and was created by local artist Robert Cole. The second work was commissioned through a neighborhood input process led by the Cultural Development Corporation (CuDC) with a grant from the DC Commission on the Arts and Humanities. CuDC conducted a visual survey of Petworthians and from those results selected five artists to submit renderings. Petworth resident, Nekisha Durrett, was selected to create public art for the south facade of 3Tree Flats. The work is entitled “Sweet”.