S2 Development
11–50 employees 9 principals
Last updated
About S2 Development
S2 Development is a real estate operator. S2 Development operates in Washington DC. Its investment focus is on Condominiums, Industrial and Logistics.
S2 Development is a private real estate investment, development, and asset management enterprise headquartered at 1509 Rhode Island Avenue NE in Washington, D.C. Established in 2009 by Co-Founder and Principal Philip Simon, the company maintains 17 years of continuous operational history within the regional housing and commercial property sectors. The firm operates through an agile, vertically integrated platform supported by a lean team of real estate, construction, and property management professionals. The enterprise specializes in site acquisition, municipal zoning entitlements, permitting, architectural design integration, turnkey construction management, and in-house asset oversight. Historically focused on residential transformation through townhome renovations, boutique condominium conversions, historic adaptive reuse, and mid-rise multi-family construction, the firm expanded its operational focus into strategic industrial real estate investments to capture regional growth opportunities. Geographically, the organization concentrates its activities across high-demand urban corridors in the Washington, D.C. metropolitan area and neighboring mid-Atlantic growth markets. Having successfully delivered over 80 for-sale residential units, 100 apartment units, and commercial retail space, its portfolio features notable urban developments such as The Jacob, Highline Condominiums, The Lucille, The Skyline, The Jackson, and Huntress Coal Oil.
Principals at S2 Development
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Recent activity at S2 Development
1 recent signal from the real estate trade press · latest
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S2 Development's project portfolio
8 projects on file · Multifamily (7), Mixed-Use (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets S2 Development operates in
Investment themes at S2 Development
- Condominiums
- Industrial
- Logistics
- Multifamily - Core
- Multifamily - Ground-up
- Multifamily - Value-Add
- Single-Family Homes
- Workforce Housing
Capabilities
- Construction Management
- Custom Homes
- High-Rise
- Luxury
- Site Development
- Technology-forward
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Frequently asked questions about S2 Development
- What does S2 Development do?
- S2 Development is a private real estate investment, development, and asset management enterprise headquartered at 1509 Rhode Island Avenue NE in Washington, D.C.
- What markets does S2 Development operate in?
- S2 Development is active in Washington DC.
- How many employees does S2 Development have?
- S2 Development has 11–50 employees.