Tuesday, September 30, 2014

Development Update: Progress at Atlantic Plumbing Condos

Courtesy Slate Properties 
Slate cameras caught a birds-eye view of the nearly completed 2030 Atlantic Plumbing Condominium at 8th and V St NW. The 65-unit project is part one of the phased Atlantic Plumbing development that will include a larger rental property with a movie theatre and other ground floor retail.  The condominiums featuring 9 ft ceiling heights and floor-to-ceiling windows.  

From the project website:  Customized interior finishes capture the industrial edge of the original Atlantic Plumbing Supply building and reflect the buildings character at the center of the arts, entertainment, and cultural landscape. 

Courtesy of 2030ap.com 

Courtesy of 2030ap.com 


Monday, September 29, 2014

Frager's to Return to Permanent Home

Everyone surely remembers the fire in June 2013 that took down long-standing hardware store, Frager's of Capitol Hill.  Since the fire, the store has had to move to three different locations in order to stay open.  But plans are now being finalized for a move back to its permanent home.  The Washington Business Journal reported that Frager's will be moving back to its 1101-1117 Pennsylvania Ave. SE address with the help of Roadside Development.  Roadside will rebuild the store within its original footprint along with the second floor (not occupied by Frager's) and add additional floors of residential on top. 

Richard Lake, a founding partner of Roadside Development, said "Our goal is to restore in place, refurbish where necessary, but to honor the integrity of the existing structure."

The parties are hoping to close on the deal within 180 days.  Construction will take at least 18 months after that.

Sunday, September 28, 2014

FEATURED RENTAL: MODERN U STREET 2BR/2B CONDO

Available Immediately 

2120 Vermont Ave, NW #306
Washington, DC 20005 

2BR/2B / Parking 
$3395/Month 


Friday, September 26, 2014

Explore Your City: Rock Creek Park Bike Tour Oct 4

Explore Your City! 

Join the Rock Creek Conservancy and guide, David Cottingham, for an eight-mile bike ride tour of the beautiful Rock Creek Park.  The guided tour will be held on October 4 and will begin at 9AM.  Participants will meet and begin the ride at Thompson's Boat Center and continue to Boundary Bridge - along the Rock Creek Trail.  What a great way to explore the park and enjoy this oasis in the heart of Washington! 

To learn more about the Rock Creek Conservancy and this event, click here. 

From the Events Website: 


When: Saturday, October 4th from 9:00-12:00 p.m. Rain date will be the following day, Sunday, October 5th from 9:00-12:00 p.m. The rain date will only take place if it is raining at the start of the event.
Location: We will meet in the parking lot of Thompson’s Boat Center located at 2900 Virginia Avenue NW, Washington, D.C., 20037. Heading South of Rock Creek and Potomac Parkway, pass K Street NW and make right turn onto Virginia Avenue NW into parking lot. The meeting location is Metro accessible from the Foggy Bottom Metro Station.
Gear Needed for the Event: Bike, Helmet, Water, Snacks, and Sunscreen. A metro card will be helpful if you plan on taking public transportation back to the meeting location.
Getting Back: From the end point at Boundary bridge, participants will disperse and can ride back to Thompson's along the bike trail or take the Metro back to Foggy Bottom Metro. The leader will guide people to Silver Spring or Bethesda Metro stops and tell them how to ride other places.
                                                                    Click Here to Sign Up


Thursday, September 25, 2014

Eisenhower Memorial Approval and Controversy

There has been a lot of controversy surrounding the design of the Eisenhower Memorial so it should come as no shock that this controversy is continuing.  Kansas Senator Jerry Moran resigned from the Eisenhower Memorial Commission days before they voted on the new design.  Senator Moran said he wanted to pay homage to Eisenhower's home state of Kansas but including that in the design has become a stumbling block for the concept and caused considerable delays.  The design originally included a large metal tapestry that depicted the landscape of Eisenhower's childhood in Kansas.  The family opposed the tapestry and called for a simpler design.


Frank Gehry, the memorial architect, presented a revised design this month after listening to the objections and got rid of two tapestries on the sides of the park, leaving one as a backdrop to keep the Kansas motif. Gehry has said the heartland is central to the war hero and president's legacy as Eisenhower said he was most proud to be from Kansas.

Depsite all the controversy, the commission voted in favor of the revised design 8 - 2.  The next step will be the approval by the National Capital Planning Commission, which will be presented the plans on October 2nd.






Wednesday, September 24, 2014

DC to Get Most Expensive Condos in District Condo History

Wardman Tower
Just when you thought the DC Real Estate market hit a new record….we receive news like this….

According to an article in the Washington Post, Maryland-based JBG Companies is in the process of transforming the eight-story Wardman Tower (currently part of the Marriott complex) into 32 ultra-luxury residences.  The Wardman Tower, organically built in 1928 and named after architect, Harry Wardman, will be the most expensive condominiums to date with prices ranging from $2M-$8M.

Designed by NY Firm, Deborah Berke Partners, the residences will range in size from 2200SF to 4600SF with the average size around 3300SF.

According to the article, construction has commenced and sales are expected to begin late this year.  The Marriott Hotel will remain open during the construction of the Tower building.

New Retail Center to Georgetown


One of Georgetown's few parking lots will be turned into a new retail hotspot.  The parking lot is on Prospect Street across from CafĂ© Milano.  But don't fear, that parking won't be going far--plans call for 101 spaces in an underground garage which is 20% more than the current 82 spaces.  On top will be two levels of retail totaling 27,600 SF.  McCaffery Interests has been tapped for the redevelopment.