30-Unit Condo Conversion Planned Near Meridian Hill
Madison Investments is planning to convert a multi-family building at 2327-2331 15th St NW (map) into 30 luxury condos, the developer announced last week.
The building is near Meridian Hill Park and situated about halfway between the Columbia Heights and U Street Metro stations. The company is planning one- and two-bedroom units as well as a roof deck, garden and two penthouse units. PGN Architects will design the project, and TTR Sotheby’s International Realty will handle sales.
Madison has been aggressively targeting DC’s luxury condo market of late, which has been heating up thanks to low supply and increased demand. The firm is planning a 49-unit building in southeast Capitol Hill outfitted with larger condos and a 32-unit project in Logan Circle.
The building was purchased by Madison recently, and the tenants vacated the property prior to the sale.
See other articles related to: 14th street corridor, condos, madison investments
This article originally published at https://dc.urbanturf.com/articles/blog/madison_investments_plans_30-unit_condo_conversion_in_meridian_hill/8916.
Most Popular... This Week • Last 30 Days • Ever
A Cathedral Heights condominium—located on Cathedral Avenue—with outstanding buil... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Two Bedrooms with Two Balconies on the Market in Amenity-Packed Cathedral Heights Condominium
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro