49-Unit Condo Project To Be Built Behind Union Station

by Mark Wellborn

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Rendering of 300 L Street NE. Courtesy of PGN Architects.

Valor Development and Ellisdale Construction are collaborating on a six-story, 49-unit condo project at 300 L Street NE, H Street Great Street reports. The blog received news about the project from Capitol Hill North Neighborhood Association board member Tony Goodman, who said that in addition to the residences, there will be a 5,000 square-foot retail component on the ground floor, and that the developers would like at least a section of that space to be occupied by a restaurant.

As for the units, Jeff Goins, a principal at PGN Architects, told UrbanTurf that there will be eight studios and the rest will be one and two-bedroom condos, three of which will be reserved for those making 80 percent of the area median income (AMI). Goins said that the project could break ground as early as later this year, and is scheduled to deliver in the spring of 2013.

Both Valor Development and Ellisdale Construction have been in the DC residential real estate development headlines recently. Valor is working with Potomac Construction Group to convert the former Italian embassy at 16th Street and Fuller Street NW to condominiums. As for Ellisdale, they broke ground last week on a new 31-unit condominium project at the corner of 14th and R Streets. The project, from developer Habte Sequar will have around 18 parking spaces and a 3,000 square-foot retail space on the ground floor. No delivery date has been set, but sales will be handled by Urban Pace.

We will provide more information on the project at 300 L Street NE as we receive it.

See other articles related to: valor development, dclofts, dc condos, dc condo market

This article originally published at http://dc.urbanturf.com/articles/blog/49-unit_condo_project_to_be_built_behind_union_station/3655

10 Comments

  1. Julia said at 1:11 pm on Tuesday June 14, 2011:

    H Street is blowing up!

  1. SoFlo said at 2:16 pm on Tuesday June 14, 2011:

    The property is 1000 feet from the NY Ave Metro, not Union Station.

  1. Rel said at 2:25 pm on Tuesday June 14, 2011:

    Psyched to see these type of residences coming to the neighborhood! What will the 1-bds start at?

  1. @Rel said at 2:30 pm on Tuesday June 14, 2011:

    $300k for 1’s, 400’s for 2’s.

    The 3 affordable units will be around $220k.

  1. Rel said at 7:40 pm on Tuesday June 14, 2011:

    Thank you!

  1. h street landlord said at 12:25 am on Wednesday June 15, 2011:

    Love it.

  1. DCism said at 3:42 am on Wednesday June 15, 2011:

    How does this project define area medium income (AMI)? Is it based on one salary or two salaries? There’s most likely a big difference in these two figures for any DC resident(s). In Arlington, personal median income is around 73K and household income hovers somewhere around 110k. To make the price point consistent “affordable housing” would it be based on the former or the latter?

  1. Dave said at 10:14 am on Thursday June 16, 2011:

    This looks like a cheap hotel made of stucco (EIFS)transplanted from the outskirts of BWI. Sad architecture.

  1. Anon said at 12:17 pm on Thursday June 16, 2011:

    Agreed. The design is bleh.

  1. 9th Street said at 7:54 pm on Tuesday June 21, 2011:

    Take this prefab trash back to arlington.

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Julia Diaz-Asper

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