Another WC Smith property reached a milestone in our efforts to develop sustainable buildings.
Terrace Manor, a fully affordable property in DC’s Shipley Park neighborhood, became LEED® Gold certified by the US Green Building Council. This brings the total number of LEED-certified Smith projects to achieve that status to 14.
Terrace Manor opened in August 2024. It comprises 130 units, with rents based on 30%, 50% and 60% MFI. The building features modern systems and amenity spaces, including a gym, business center, community room, community gardens and a 24-hour front desk.
WC Smith acquired the property in 2017, in cooperation with the Tenants Association. The DC Office of the Attorney General had sued its former owner, Sanford Capital, in 2016 over a long-running pattern of neglect, dangerous living conditions, and extensive housing code violations.
LEED (Leadership in Energy and Environmental Design) is the most widely used green building rating system in the world. Available for virtually all building types, LEED provides a framework for healthy, efficient, and cost-saving green buildings. LEED certification is a globally recognized symbol of sustainability achievement and leadership.
WC Smith now has five affordable, LEED-certified residential properties in its portfolio: Sheridan Station (Platinum), Terrace Manor (Gold). Archer Park (Gold), City View (Gold) and 2M (Gold).
