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Margarite is a LEED Silver, Class-A, multifamily rental development comprising 260 units, 29 of which are below market rate. Located in Washington, D.C.'s vibrant Union Market, residents have direct access to transit, an expansive amenity package including a third floor garden and fitness center, and over 50% of units include private outdoor space.
Margarite will meet Grosvenor's 2030 Commitment to achieve Net Zero Operational Carbon through solar panel arrays, electric vehicle charging stations, and energy efficient systems designed to reduce electricity and gas consumption. In addition, we will purchase a small amount of carbon credits to meet the requirement.
"A proactive approach to environmental and social sustainability is embedded within the Margarite project."
Tanja Milosevic, Associate Vice President, ESG
Energy & connectivity
Biodiversity & landscape
Arts & Culture
Environmental objectives in North America
Certain information contained in this page, including, but not limited to, the environment, social and governance targets set within, are forward-looking statements regarding Grosvenor’s goals and objectives, and are based on current expectations, assumptions, estimates, projections, opinions and beliefs. Forward-looking statements are inherently uncertain, and actual results may differ materially from those reflected within. Grosvenor does not assume any obligation to update such information, whether as a result of new information, future developments or otherwise, except as required by law.