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Final concrete pour completes the 14-story building’s vertical structure, with leasing expected to begin in spring 2027
WASHINGTON, D.C. (August 28, 2026) – Republic Properties Corporation celebrated the topping out of 1301, the 356-unit luxury residential building under construction at 1301 Maryland Avenue, SW, on Thursday, Aug. 27. The milestone was marked by the final concrete pour for the top level of the 14-story building, completing its vertical structure and bringing the landmark Portals development one step closer to completion.
Republic Properties Corporation joined general contractor Balfour Beatty, project team members, and members of the construction team for a ceremony recognizing the milestone.
“Topping out 1301 represents an important milestone not only for this building, but for the vision Republic and the District began developing together nearly four decades ago,” said Steve Grigg, president of Republic Properties Corporation. “We are grateful to Balfour Beatty, our construction and design partners, the District of Columbia and, especially, the men and women whose work has brought us to this moment. With its extraordinary location, thoughtfully designed residences and extensive amenities, 1301 Maryland Avenue will deliver a distinctive residential experience and complete the Portals as a vibrant mixed-use destination in Southwest Washington.”
1301, formerly known as Portals IV, is 356 market-rate residences. The building will offer an expansive rooftop with an outdoor pool and sweeping views of Washington, along with a sky terrace featuring grills and firepits. Additional resident amenities will include entertaining areas, coworking spaces, a dog spa and dog park, a fitness and wellness center, and game lounges including a sports simulator.
Balfour Beatty is serving as the project’s general contractor. The building was designed by WDG Architecture, with interiors by Akseizer Design Group.
"This milestone reflects the strength of the partnerships that have driven this project forward from day one," said Art Malacarne, Balfour Beatty senior vice president of Mid-Atlantic operations. "We are grateful to Republic Properties, our trade partners and our project team whose hard work, expertise and commitment have made this achievement possible. As we look ahead to completion, we remain focused on delivering a project that fulfills the long-term vision for the Portals development and creates lasting value for the Southwest D.C. community."
Bozzuto will manage the property and lead residential leasing, which is expected to begin spring 2027. The first resident move-ins are anticipated summer 2027.
"We are pleased to join Republic Properties Corporation in bringing the vision for 1301 Maryland Avenue to life,” said JoLynn Scotch, managing director at Bozzuto. “Through Bozzuto’s thoughtful approach to hospitality and property management, we look forward to delivering the exceptional service and experiences to this incredible new development. Our team is excited to welcome residents and create a true sense of community.”
Republic Properties Corporation broke ground on the $260 million project in June 2025. Republic contributed $65 million in sponsor equity and worked with CBRE’s Mid-Atlantic Debt & Structured Finance team to secure $137 million in construction financing from Kennedy Wilson and $58 million from Pearlmark.
1301 will join 1331 Maryland Avenue, SW, its neighboring 373-unit luxury residential building. Together, these properties will establish a significant residential presence within the Portals, which also includes Class A office building and The Potomac Hotel, Autograph Collection.
The Portals represents one of the largest public-private real estate partnerships in the nation’s capital. Once 1301 is completed, the mixed-use development will encompass approximately 3 million square feet and have an aggregate market value exceeding $2 billion.
The District of Columbia Redevelopment Land Agency first identified the vacant Portals site for development in the 1980s. In 1987, the agency competitively awarded Republic Properties Corporation and its partner, Eastcoast Development Corporation, the right to master plan and develop the approximately 3 million-square-foot site. Republic and the District, through the Office of the Deputy Mayor for Planning and Economic Development, have continued to collaborate on the planning and development of the property.
Images from the topping out ceremony and renderings of 1301 can be found HERE. Photo credit: Courtesy of 1301
For more information, please visit 1301Maryland.com
Republic Properties Corporation, a division of the Republic Family of Companies along with its affiliates Republic Land Development LLC and Republic Urban Properties LLC, is a privately owned, full-service real estate investment, management and development enterprise based in Washington, D.C. For more than 40 years, Republic and its principals have focused on institutional-quality real estate, actively managing partnerships and other fiduciary relationships that result in successful real estate investments throughout the United States. Republic’s senior management team has more than 150 years of combined experience and has successfully developed and invested in real estate transactions valued in excess of $8 billion. For more information, visit www.republicfamilyofcompanies.com.
Balfour Beatty plc (LSE: BBY)is a leading international infrastructure group with 27,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.
For over 100 years, we have created iconic buildings and infrastructure all over the world. Currently, we are working to deliver Hinkley Point C, the first UK nuclear power station in a generation; constructing the world-class arts and cultural facility, the Lyric Theatre, in Hong Kong; and designing, building, financing, operating and maintaining the Automated People Mover superstructure at the fifth busiest airport in the world, Los Angeles International Airport.
In the US, Balfour Beatty is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the United States. Headquartered in Dallas, Texas, the company performs heavy civil, rail and a broad variety of vertical construction in select local geographies. Balfour Beatty US is ranked among the top domestic building contractors in the United States by Engineering News-Record. To learn more, visit www.balfourbeattyus.com.
Bozzuto is an experience-focused real estate company distinguished by its innovative developments, dedicated customer service and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction and management, Bozzuto is devoted to delivering extraordinary experiences for those it serves.
Since its founding in 1988, Bozzuto has developed, acquired and built more than 62,000 homes and apartments. Celebrating 38 years of creating sanctuary, Bozzuto currently manages 150,000 apartments and 4 million square feet of retail space across the United States. For more information, visit Bozzuto.com.
