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