The redevelopment of 1050 31st Street, NW, entailed conversion of the property from office to hotel use.  The hotel is one of the first urban US hotels operated under a six-star “Capella” flag and provides an ultra-luxury hotel product suitable for the top tier of business and leisure travelers, currently a significantly underserved segment in Washington, DC. 

Capella’s choice of this project as their North American flagship further underscores the importance and desirability of the project to the brand as well as their senior management’s assessment of its anticipated operating and financial performance.

The property includes 48 rooms, premium dining and lounge facilities, as well as a private board room for hotel guests, and is located on what is arguably the most desirable site in Georgetown, a market filled with historic structures and known for scarce development opportunities.

A complete renovation of the core and shell including new elevators, new mechanical equipment, and totally new finishes on the interior was accomplished on an accelerated schedule in just under 18 months from pencil on paper to occupant-ready opening.