First Residential Phase of The Stacks Complete with Apartment Buildings: Colette and Everly

732 Residences Across 2 Buildings Contribute to the Growing Buzzard Point Community, Including the City’s Largest Coliving Offering

Akridge and National Real Estate Development (“National Development”) announced the openings of Colette and Everly, two apartment buildings within The Stacks in DC’s Buzzard Point neighborhood. This milestone marks the completion of the project’s first phase, enhancing the dynamic walkable community, which spans nearly 1 million square feet, including:

• 1,116 residential units
• Over 90,000 square feet of shared amenities across the three residential buildings
• About 22,000 square feet of public parks
• Approximately 40,000 square feet of retail space
• 11,000 square feet of dedicated coworking space

Colette and Everly introduce an exciting mix of residences with panoramic waterfront views and standout amenities, enhancing the vibrancy and growth of the neighborhood. With first move-ins slated for April, these residential offerings mark an exciting milestone in The Stacks’ transformation into a premier destination for living, working and connecting in Washington, DC.

“The opening of Colette and Everly is a momentous milestone for The Stacks,” said Adam Gooch, Managing Principal and Chief Development Officer at Akridge. “Everly and Colette provide residents with some of the best water views in the region, as well as convenient access to the best of DC, including The Wharf, Navy Yard and downtown. Between these two new residential towers and their sister building, The Byron, which opened earlier this year, The Stacks offers three distinctive luxury living options to match residents’ needs.”

“With an ideal proximity to DC’s iconic landmarks, The Stacks is redefining waterfront living, creating a dynamic space for residents and visitors alike,” said Katie Hartley, Managing Director of Development at National Real Estate Development. “Designed by a renowned team of architects and designers, The Stacks reflects Buzzard Point’s deep-rooted history while embracing its evolution. As home to the largest coliving offering in the DC area, it’s pioneering a new era of urban living – one that blends flexibility and community. The neighborhood features a distinct mix of buildings, each with its own unique personality, ensuring there’s something for everyone. We’re excited to see this vision come to life and look forward to the next chapter.”

“From the beginning, this project was about staying true to the original vision for The Stacks—one rooted in connection, authenticity, and a strong sense of community. Everly brings that vision to life with a design that feels meaningful not just to the people who live there, but to the surrounding neighborhood,” said Robert Jaekel, Senior Associate and Regional Residential Leader at Gensler, the architecture firm responsible for Everly and the broader design coordination of The Stacks. “The residents’ journey from curb to home is full of surprises and moments of beauty, especially within the main entryway and along the corso, where design and experience come together in thoughtful, engaging ways. The collaborative spirit of Akridge, National Real Estate Development, and the rest of the team has been amazing and we’re grateful to have played a part in creating a place people will enjoy for years to come.”

The Stacks is bringing an extraordinary level of sophistication to DC’s Southwest Waterfront, and we’re thrilled to have had a hand in designing what will be a vibrant and pedestrian-focused neighborhood,” said Gary Handel, Managing Partner at Handel Architects. “At Colette, we’ve created beautifully appointed residences with a focus on modern living. The amenities are some of the best in the city and will create a wonderful sense of community within the building.”

Colette offers traditional apartments as well as the largest fully-furnished coliving community in the DC metro area. Coliving at Colette is a modern housing model where residents rent a private bedroom within a fully furnished apartment with shared common spaces and amenities designed to build community. With 319 residences across 13 stories, including 213 traditional apartments and 106 coliving units comprising 362 private bedrooms, Colette fosters a seamless urban lifestyle and instant connections within thoughtfully designed spaces and abundant amenities. Traditional apartment floorplans range from studio units to two-bedroom maisonettes that line a pedestrian-only cobblestone street, seamlessly connecting these homes to the heart of The Stacks. As part of the coliving offering, residents have access to fully furnished residences, housekeeping for unit common areas, onsite management and maintenance, and access to all The Stacks community amenities at Everly, The Byron, and Colette. Designed with a bohemian aesthetic, the interiors feature premium finishes, bold patterns and expansive city views. Notable amenities include:

• One of the highest rooftop pools in DC, featuring an outdoor kitchen and dining areas with expansive views of DC, MD and VA
• A penthouse-level fitness center with an outdoor terrace, plus a fireplace terrace equipped with grill stations and firepits
• Multiple coworking and social lounges, including an 11,000-square-foot Launch Workplace coworking space, opening in mid-2025
• A pet spa with professional-grade washing and drying equipment, automated secured package lockers, a bike room with resident storage, EV charging stations, and 24/7 concierge

Right next door, Everly offers a refined and tranquil living experience. With 413 apartments across 14 stories, Everly employs a Scandinavian-inspired design aesthetic that prioritizes simplicity and comfort, featuring clean lines, natural wood and a neutral color palette. Interiors feature sophisticated finishes, keyless entry systems and premium appliances that enhance resident convenience. Residences range from studios to two-bedroom penthouses and two-story maisonettes just across the cobblestone street from Colette, all featuring expansive floor-to-ceiling windows that offer stunning panoramic views. Key amenities at Everly include:

• Panoramic water and monument views throughout the residence, complemented by a rooftop lounge featuring a resort-style lap-length pool and landscaped penthouse terraces with grilling stations
• A library lounge, co-working space, cozy seating nooks and a penthouse fitness center with an outdoor terrace for relaxation
• A penthouse lounge with an indoor/outdoor fireplace offers the perfect space for both socializing and unwinding
• A landscaped community serenity garden and a rooftop outdoor dog run provide peaceful spaces for residents and their pets

The project’s first phase includes over 90,000 square feet of shared community amenities across all three buildings–The Byron, Colette and Everly. Additional community amenities that are available to all residents at The Stacks include a 10,000-square-foot FLEX DC gym with a cold plunge and sauna, a virtual sports simulator, WiFi access throughout the neighborhood and a Capital Bikeshare station. The Corso, a pedestrian-only cobblestone street at the heart of the development, connects residents and visitors to restaurants, retail, green spaces and plazas.

At full buildout, The Stacks will feature 2 million square feet of mixed-use space, including apartments, retail, hotel, office, extensive open space and a curated selection of shops and restaurants. Located at the convergence of the Potomac and Anacostia rivers, The Stacks provides a distinctive connection between DC’s most exciting riverfront developments. Just a block from Audi Field and a half mile to Nationals Park, the neighborhood is emerging as the heart of DC’s sports scene for sports fans and athletes alike. The Stacks is jointly owned by Akridge, Bridge Investment Group (“Bridge”), Blue Coast Capital (“BCCAP”) and institutional funds managed by National Real Estate Advisors (“National”).

Leasing for the Colette and Everly is now available. For more information, please visit www.livecolettedc.com and www.liveeverlydc.com. To learn more about The Stacks, please visit www.thestacks.com.

####

ABOUT AKRIDGE

Akridge serves every aspect of the real estate business through high-quality investment, development, and operations. Guided by a leadership team with decades of industry experience, Akridge real estate professionals apply an owner’s perspective in order to build long-term value and success. They provide design and construction management, development, finance and asset management, investment, leasing, and property management services. With offices in Washington, DC and Charlotte, NC, Akridge continues to anticipate the needs of the industry and its clients by delivering exceptional real estate experiences. For more information on Akridge, please visit www.akridge.com.

ABOUT NATIONAL REAL ESTATE DEVELOPMENT

National Real Estate Development, LLC (National Development) is a real estate development firm focused on developing innovative, high-quality projects throughout the country. Since its inception in 2013, National Development’s direct development projects that are completed or under construction have totaled nearly 6.3 million square feet in major markets such as Philadelphia, Washington, D.C., Los Angeles, and San Francisco. National Development specializes in multi-faceted projects across the country. With a proven track record of creating dynamic, vibrant spaces designed to foster connections, National Development’s talented professionals actively seek out unique, challenging, and forward-thinking ventures. From land acquisition to delivering the final project, the team possesses a diverse skill set and extensive expertise, which we believe ensures the highest standards in quality and design. National Development has expertise developing across all major real estate asset classes, including mixed-use, apartments, traditional and medical offices, and retail. Notable projects include East Market in Philadelphia, The Stacks in Washington, D.C., and The Bloc in Los Angeles. National Development is the wholly owned, full-service development subsidiary of National Real Estate Advisors, LLC. To learn more, visit www.natrealestatedevelopment.com.

ABOUT NATIONAL REAL ESTATE ADVISORS
National Real Estate Advisors, LLC (“National”) is an investment manager developing, operating, and managing commercial real estate projects across the United States. National’s mission is to create lasting value through projects that produce solid, long-term returns for our clients while improving the communities in which we invest and develop. Since 2000, National’s investment team has been constructing investment portfolios of diverse property assets — primarily multifamily, data centers, office, healthcare, and medical buildings. National manages separate accounts and multiple commingled investment vehicles. National seeks to create value for investors by adhering to a rigorous investment process and development principles guided by profits, integrity, community, and collaboration. National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a pension trust with assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.