The 1920s-era industrial property was most recently rented to restaurant and entertainment tenants but is now slated to become a seven-story hotel. (CoStar)
While it's sad that The Berliner closed, hopefully this new hotel will fill the void given it is slated to have a new restaurant and bar! They will be adding and additional 4 floors to the building
Dutch Firm To Redevelop Georgetown Warehouse Into 230-Room Hotel
By Katherine Hamilton CoStar News
December 12, 2022 | 2:00 P.M.
A 1920s-era warehouse being used for retail in Washington, D.C.’s Georgetown neighborhood has been approved to become a 228-room hotel.
Amsterdam-based hospitality firm citizenM proposed the seven-story hotel to the Old Georgetown Board at a meeting on Thursday. Located at 3401-3403 K St. NW, also known as Water Street, the project would redevelop a 30,000-square-foot mill built in 1926 into an 80,000-square-foot hotel with a fitness room, bar, and lobby, according to applications documents submitted by citizenM.
The Dutch hotelier bought the Georgetown property in November 2021 for $18 million, according to CoStar data. The seller was The IDI Group Cos., an Arlington, Virginia-based firm that bought the property in 2019 with plans to convert it into a seven-story, 54-unit condominium complex. The project gained approval but evidently fell through.
Over the course of its history, the property has been used as a flour mill, coal warehouse, and icehouse for the Richmond, Virginia-based Crystal Ice Co., according to citizenM’s application. Most recently, it was occupied by French restaurant Malmaison and live music venue Gypsy Sally’s, both of which have closed.
The Georgetown hotel would become citizenM’s third location in D.C., along with one near the L’Enfant Metro station near Capitol Hill and one in NoMa, which opened in September. The company has around 30 locations in Asia, Europe, and the United States; it aims to reach 40 operational properties globally by 2024, according to its website.
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