Now leasing: Novel South Capitol has 42 penthouses, coworking space

WASHINGTON — Novel South Capitol, a new luxury apartment development sandwiched between Capitol Hill and Capitol Riverfront, with an on-site coworking space, has begun leasing with first move-ins expected in February.

The 539-unit apartment building, at 2 I Street SE, has 42 penthouses and includes studio to three-bedroom units from 500 square feet to 1,800 square feet. Rent ranges from $1,777 to $5,652 a month.

First move-ins to the new luxury apartment nestled between Capitol Hill and Capitol Riverfront are expected in February. (Courtesy Crescent Communities and RCP Development)
Image shows the drive-in courtyard with two-level waterscape at Novel South Capitol. (Courtesy Crescent Communities and RCP Development)
The luxury apartment development includes 42 penthouses and a rooftop pool with views of Nats ballpark and the Capitol. (Courtesy Crescent Communities and RCP Development)
Image shows the clubroom with billiards at Novel. There's an on-site cafe that serves as morning coffee shop and evening cocktail bar as well as a shared coworking center with conference rooms. (Courtesy Crescent Communities and RCP Development)
A rendering of the lobby at Novel. There will be two Novel towers. The second tower is expected to deliver at the end of 2019. (Courtesy Crescent Communities and RCP Development)
The apartment complex has 539 units and 42 penthouses. (Courtesy Crescent Communities and RCP Development)
Novel has studios to three-bedroom units from 500 square feet to 1,800 square feet. (Courtesy Crescent Communities and RCP Development)
Rent ranges from $1,777 to $5,652 a month. What residents get for that kind of rent includes a plethora of social amenities. (Courtesy Crescent Communities and RCP Development)
Crescent Communities and RCP Development Company are marketing Novel as a bit of a rebel in D.C.’s recent crop of new luxury apartment developments with what it calls principals of inclusivity and a neighborhood philosophy as a place for both residents and its neighbors. (Courtesy Crescent Communities and RCP Development)
“The open ground floor and extensive social spaces will continue to activate and connect the dynamic South Capitol Hill Community, creating a lasting neighborhood presence that enhances the surrounding historic community offerings and thriving waterfront destinations,” said Steve Etminani, founder of RCP Development. (Courtesy Crescent Communities and RCP Development)
Novel South Capitol is at the corner of I and South Capitol Streets in Southeast, about three blocks from the Navy Yard-Ballpark Metro station. Many floor plans include balconies, many with Capitol or ballpark views. (Courtesy Crescent Communities and RCP Development)
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What residents get for that kind of rent includes social amenities like an on-site cafe that serves as morning coffee shop and evening cocktail bar, drive-in courtyard with two-level waterscape and a shared coworking center with conference rooms.

Per new luxury construction in D.C., there is also the requisite rooftop pool (this one with ballpark and Capitol views), a dog park with a watering station and play area, an on-site fitness suite with a yoga room, a clubroom with billiards, 24-hour concierge services and car charging stations as well as lockers for packages, refrigerated lockers and dry-cleaning lockers.

It is the first of two towers. The second tower is expected at the end of 2019. Ground was broken on the 13-story project in February 2017.

Crescent Communities and RCP Development Company are marketing Novel as a bit of a rebel in D.C.’s recent crop of new luxury apartment developments with what it calls principals of inclusivity and a neighborhood philosophy as a place for both residents and its neighbors.

It may also appeal to residents who want to blur the lines between work, recreation and home with its social spaces and extensive coworking facilities.

“With a distinct emphasis on experience and lifestyle, Novel South Capitol will deliver the next phase in elevated apartment living,” said Steve Etminani, founder of RCP Development.

“The open ground floor and extensive social spaces will continue to activate and connect the dynamic South Capitol Hill Community, creating a lasting neighborhood presence that enhances the surrounding historic community offerings and thriving waterfront destinations.”

Novel South Capitol is at the corner of I and South Capitol Streets in Southeast, about three blocks from the Navy Yard-Ballpark Metro station.

Take a look at Novel South Capitol floor plans, some with balconies and many with Capitol or ballpark views.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

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