Metropole Has Five Units Remaining

• August 25, 2010
• 0 Comments

by Mark Wellborn

UrbanTurf recently learned that the Metropole condominium in Logan Circle has just five units left to sell.

The five remaining condos are two-bedroom and two-bedroom-plus-den units ranging in size from 1,155 square feet to 2,123 square feet. Prices start at $709,900 and go up to $1,999,900.

Metropole is a project that has faced its fair share of troubles and criticism over the past two and a half years. From delayed construction to disgruntled buyers, the luxury condo development was constantly in the limelight and not always because of the upscale finishes and high-end design that it offers.

The view of 15th Street from a Metropole unit

Things came to a head in April 2009 when the project was taken back by its lenders from the original developer, Metropolis Development. With Metropolis out of the picture, the current ownership group hired the Alexandria-based sales and marketing team of McWilliams|Ballard to start anew.

The project’s turnaround has been noteworthy. Sales at the 90-unit luxury development on the corner of 15th and P Street NW were brisk in the first few months after McWilliams|Ballard took over, and in late October 2009, it was reported that two-thirds of the condos had sold.

This article originally published at http://dc.urbanturf.com/articles/blog/metropole_has_five_units_remaining/2420

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