The 725,000-square-foot building, the former headquarters of the U.S. Coast Guard, has been remade into 480 luxury apartments that overlook the confluence of the Potomac and Anacostia Rivers.
Some apartments have 10-foot balconies and terraces, and 75% of the units have water views.
Studio apartments start at around $1,900 a month and two-bedroom apartments for as much as $4,000 a month.
For those lofty rents, tenants will have access to a long list of amenities, including four landscaped courtyards with fire pits, grilling stations and a bocce court, a roof deck with heated pool and 360-degree views of the water and the National Mall, a coworking lounge, club room with pool tables and a private pet spa.
The building will have a market and two restaurants.
RiverPoint has direct access to the waterfront and the 20-mile-long Anacostia Riverwalk Trail.
While the final stretch of construction is still under way, Akridge, Western Development and Orr Partners expect the first move-ins at RiverPoint, at 2121 First St., SW, to begin in early-October.
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.