Northern Exchange

It was only about a month ago that the initial phase of Northern Exchange, the latest residential development from long-time DC developer PN Hoffman, hit the market and buyers were lining up to get a peek. Now that most of the first phase of condos are reserved, the project’s fourth floor units are selling, with model units on view at an open house this Sunday.

A living room at Northern Exchange.

Northern Exchange is located in the former Chesapeake & Potomac (C&P) Telephone Company building at 1401 R Street NW on the corner of 14th and R streets, NW (map). At one time the main switching station for Northwest and Northeast DC, the building has been carefully transformed over the last year with an emphasis on paying homage to its former life.

The second floor model units open this Sunday feature the building’s original terracotta ceilings, exposed brick walls, and the window openings from when the building was constructed in 1902, which means that every unit is flooded with light. Most of the units have raised sleeping spaces that look out on living and dining areas which, with the sky-reaching ceilings, amplify the loft feel. The original details are complemented by 21st century finishes, including Bosch and Fagor appliances as well as ample closet space, and sleek, modern bathrooms with Porcelanosa tile.

Every resident will also have access to outdoor space as the building has a modern rooftop deck with a residents’ lounge, fire pit, outdoor grilling area, and sweeping views of downtown DC. The lobby features a restored historic phone booth, as well as an enlarged photo of the building’s former raw, industrial interior by Colin Winterbottom. Halls are lined with framed original linen blueprints of the building’s former floor plans.

A unit at Northern Exchange.

Northern Exchange is located at the epicenter of the 14th Street Corridor, among some of the city’s trendiest boutiques, bars and restaurants, and just minutes away from Whole Foods and Metro. However, residents won’t have to go very far at all for a bite to eat. Bar Bari, an Italian restaurant and espresso bar from the people behind Drafting Table and TangySweet, has announced that it will open in Northern Exchange’s ground floor. Bar Bari will serve espresso, cocktails, gelato and food including charcuterie, lasagna, and cannoli, with indoor and outdoor seating for diners.

Prices at Northern Exchange start in the upper $300,000s. Attend the open house this Sunday, December 2nd from 1 to 4pm to tour the second floor model units. To learn more and see floorplans, visit the Northern Exchange website or call 202-803-5130.

Sales by PN Hoffman Realty.