Placemakr opens Navy Yard property in Washington DC

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Placemakr Navy Yard
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US: Tech-enabled hospitality and multifamily operator Placemakr has opened its 81-unit Navy Yard aparthotel in Washington DC.

Placemakr Navy Yard consists of two adjacent buildings (East and West) along Potomac Avenue. 

The property offers a range of accommodation from studios to two-bedrooms, equipped with full kitchens and in-suite laundry facilities. Luggage storage is available in the East Building. 

Contactless check-in and on-site support is available to all guests. The site is also pet-friendly.

“We’re thrilled to deepen our presence in our home city of Washington DC,” said Jason Fudin, Placemakr CEO. “The Navy Yard neighbourhood is exactly the type of location we look for when launching a new property, with incredible demand drivers that let us serve everyone from young professionals to families and so much in between.

“This is our second time partnering with MMg. They’ve been pioneers in the flex-use asset class in DC, and we couldn’t be more excited to continue working with Julio, Don, and team,” he added.

In March this year, the 62-unit Placemakr NoMa opened in partnership with MMg.

Julio Murillo, CEO of MMg, said: “After an incredible turnaround effort upon takeover at our property in NoMa, we’re committed to expanding our relationship with Placemakr with the conversion of our Navy Yard properties. They’ve built a platform that is laser-focused on asset profitability and guest satisfaction while responding to clear market demand, and we’re excited to work together to bring flex living to Navy Yard.” 

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