At Westside, we develop more than just strategic real estate opportunities. We enhance neighborhoods, we forge meaningful relationships and create a foundation for long-lasting value. It doesn’t just make a difference to the bottom line. It makes a difference in people’s lives.
About
Westside Development Companies was formed in 2015 by James Anderson and George T. Webb to acquire and develop multi-family and commercial real estate in the Washington, DC area.
Both seasoned developers, James and George have developed a total of more than $250 Million worth of real estate. Since forming Westside, they have acquired several single- and multi-family residential buildings and development sites. The largest of these is 816, 820 Potomac Avenue, SE, which will yield 72 residential condominiums in the burgeoning Capitol Riverfront area of Capitol Hill.
Philosophy
Westside’s core philosophy is formed by two equally important concepts: real estate is both a financial and relationship endeavor.
We seek development opportunities that can make a difference in people’s lives, in buildings, in neighborhoods and in communities. Westside’s goal is to prosper through fostering mutually beneficial relationships with owners, brokers, investors, partners, contractors and their tenants.
We understand and accept the notion that we are transforming neighborhoods and communities. That is why it is so important that we get it right the first time and it drives us to relentlessly pay attention to the details.
Founding Partners
George T. Webb
Founding partner of Westside Development Companies, recently formed to develop multi-family properties in the metropolitan Washington, DC area. George is a veteran commercial real estate professional in the DC area, with eight years as a leasing and sales broker with Cushman & Wakefield and 24 years as a developer. His experience is primarily with multi-family residential, office and mixed-use properties. As a principal, George has been involved in the acquisition, asset management, property management, leasing and disposition of Washington, DC area real estate worth in excess of $100 million.
James Anderson
Founding partner of Westside Development Companies. James is also a founding partner of NOVO Development Corporation and has been involved in real estate acquisitions, development, construction and management for the past 25 years. James was instrumental in all aspects of NOVO’s growth strategy to acquire, reposition and manage value-add multifamily units in DC, Chicago, Philadelphia, and Charleston, SC, growing the portfolio to 1,600 units. Being an Engineering student at Duke University, and with a keen interest in construction, James began with the renovation and restoration of high-end single-family homes for others, and then for himself. The projects continued to increase in size, with a focus on multi-family residential. The management arm was created, and the geographic range increased. In 2015, when James sold his interest in NOVO, the managing entity of the properties, the company had acquired and managed 32 projects totaling more than 1,800 apartment units, worth in excess of $150 Million.
Development Partners
After acquiring 816/820 Potomac Avenue, Westside Development partnered with CAS Riegler and with May Development to deliver the project.
Kevin Riegler and his organization have developed, singly, or in partnership with others, more than $600 million worth of real estate in the metropolitan Washington, DC area.
Eric T. May, President of May Development, is also an accomplished developer of multi-family residential apartment and condominium buildings in Washington, DC.
Location
810 Potomac Avenue, SE
Washington, DC 20003
202.210.7100
