Common Clover co-living scheme opens at The Parks, Washington D.C.

Hines announces the official opening of Washington D.C.'s largest co-living development - Common Clover - at The Parks.

An apartment at the Common Clover co-living development | BTR News
An apartment at the Common Clover co-living development.

Real estate investor Hines, developer Urban Atlantic, Triden Development Group and joint venture partner Bridge Investment Group recently announced the official opening of Common Clover, a co-living scheme in Washington D.C.

Common Clover is situated within The Parks at Walter Reed; a 3.1 million-square-foot mixed-use development that has been transformed from a historic military medical campus into an innovative co-living development.

The vibrant 66-acre mixed-use community consists of 60 suites with 248 rooms – and is the largest fully furnished purpose-built co-living development, and Hines’ first in the US managed by Common.

“At Common, our mission is to create better living through convenience and community. In this increasingly mobile post-pandemic environment, where people of all walks of life are drawn to urban areas like Washington D.C., affordability and community are big challenges. We are thrilled to introduce Common Clover as part of The Parks at Walter Reed development and to offer co-living as an alternative and approachable housing option in D.C.”

Karlene Holloman, CEO, Common

The suites at Common Clover range from two to five private bedrooms each featuring beautifully designed living areas, high-end fully stocked kitchens, multiple bathrooms depending on suite size, and in-unit laundry.

Including 21,000 sq ft of ground-floor retail, the building features luxury amenities for residential use, such as a co-working space, a library, rooftop deck, large courtyard with BBQ areas, a fully equipped fitness centre, games room and club lounge with a bar.

“We are seeing an increase in demand for co-living and flexible housing options in popular cities, such as D.C., especially given the rising cost of living. Living with roommates is not a new phenomenon – at Common Clover we are elevating that lifestyle choice with a premiere and attractive community that meets the needs of residents while promoting a community atmosphere.”

Katie Wiacek, Managing Director (MD), Hines

Alongside Common Clover, The Parks at Walter Reed is home to several other residential buildings, outdoor entertainment, community events and a mix of green spaces.

In the heart of the development, Common Clover can be found near the Parks Marketplace, alongside a Whole Foods Market, Chase Bank, Jinya, Mezeh, Charmery, nail salon, and additional dining, shopping and entertainment.

The Parks is also close to the new Children’s National Research and Innovation Campus and the U.S. State Department’s new Foreign Mission Centre.