Short-term stays in luxurious apartment-style units at The Byron, available for a limited time
WASHINGTON, March 20, 2025 -- Placemakr, a flexible-use hospitality and multifamily operator, today announced the launch of Placemakr Buzzard Point open first days beginning March 27th. The new pop-up hotel is located at The Stacks, a nearly 7-acre waterfront development in DC's growing Buzzard Point neighborhood. The apartment-hotel will be available for nightly, weekly, and monthly stays beginning in March for a limited time. Placemakr's unique experience provides guests with the opportunity to stay in modern apartment-style accommodations while enjoying hospitality-level service.
The Stacks is jointly owned by Akridge, Bridge Investment Group (Bridge), Blue Coast Capital (BCCAP), and National Real Estate Advisors (National). It is being co-developed by Akridge and National Real Estate Development.
Placemakr Buzzard Point will offer over 120 fully furnished studio, one-bedroom and two-bedroom units with expansive waterfront and monument views spanning DC, Maryland, and Virginia. The neighborhood will boast a vibrant selection of shops, restaurants, and more. Situated one block from Audi Field and in close proximity to Nationals Park, the apartment-hotel offers a vibrant community hub for sports fans and athletes alike. This lively, convenient destination fosters a sense of community with abundant outdoor spaces with engaging public events, outdoor eateries, and serene areas for relaxation. A short distance to The Wharf or The Yards offers Placemakr guests endless additional dining and entertainment opportunities. It is also adjacent to Fort McNair and near Washington Navy Yard.
The apartment-hotel is located within The Byron, an elegant yet bold building professionally managed by Greystar that provides a well-crafted living experience with airy interiors and curated community amenities. With over 23,000 square feet of lobby and amenity space, guests have access to a range of thoughtfully designed features. The recently opened 10,000-square-foot FLEX gym offers a cold plunge, sauna, recovery room, and outdoor workout spaces. On the penthouse level, guests can enjoy a multisport simulator, sleek coworking and lounge areas, a game room with billiards, and indoor and outdoor terraces with firepits, creating a dynamic and inviting environment for work, play, and relaxation.
"The growth of the Capitol Riverfront in Southwest DC is something that's been a long time coming," said Jason Fudin, CEO and co-founder of Placemakr. "We're excited to be a part of this dynamic neighborhood alongside our partners Akridge, BCCAP, Bridge, and National."
Placemakr's unique pop-up experience operates a select number of units in newly constructed luxury apartment buildings as nightly suites on a temporary basis. This launch comes on the heels of the launch of a pop-up experience in Santa Clara, CA, as well as permanent hospitality living locations in San Antonio, TX, Pittsburgh, PA, and Atlanta, GA. Placemakr plans to continue national expansions of both its pop-up and permanent offerings throughout 2025 and beyond.
"At The Stacks, we are shaping a dynamic waterfront neighborhood that seamlessly blends vibrant city living with thoughtfully designed spaces. Placemakr is the ideal partner to bring this vision to life and help the public discover all that this neighborhood has to offer," said Adam Gooch, managing director and chief development officer for Akridge.
"This innovative partnership will provide an expanded opportunity for locals and visitors to experience The Stacks firsthand. We are excited to welcome many new faces to our dynamic neighborhood in the heart of Buzzard Point," said Katie Hartley, director of development for National Real Estate Development.
Those interested in booking a stay at Placemakr Buzzard Point can visit https://www.placemakr.com/locations/washington-dc/buzzard-point/. Stay tuned for additional new property announcements at https://www.placemakr.com/.
About Placemakr
Placemakr is a tech-enabled operating company and real estate investor. The company transforms multifamily properties into a unique blend of apartment living and hospitality and has been the pioneer of the flexible living asset class. Placemakr's innovative tech-enabled platform provides an unmatched experience for its guests and residents, combining the advantages of apartment living with the services and reliability of a hotel, all within a single building. Placemakr's thoughtfully curated spaces in carefully selected neighborhoods offer guests and residents the flexibility to stay for a night, a year, or any duration in between.
About Akridge
Akridge serves every aspect of the real estate business through high-quality investment, development, 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.
About Blue Coast Capital
Blue Coast Capital, headquartered in London, England, with offices in Europe and the United States, owns, operates, and manages a diverse portfolio of real estate, private equity, hotels & leisure, and consumer-driven businesses. Working directly and with partners, it maintains a diverse spread of assets that allow it to balance opportunities and exposures in geography, property type and risk across two separate portfolios - income and opportunistic. With a track record spanning 50 years, including 35 years in the United States, the company remains a privately owned business with the financial strength to make decisions based on unique opportunities as well as long-term trends. For more information, please visit www.bccapusa.com and www.bccap.com.
About Bridge
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $38.8 billion of assets under management as of March 31, 2021. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.
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