Chapman Stables. Photo: Jonathan Rogers.
A report out late last week from the city revealed that 90 percent of the residential units under construction in DC will be rentals, not for-sale units, despite the low inventory of new condos in the city. Now, it appears that one major project in Truxton Circle will help bolster the city’s condo supply.
Truxton Circle resident Jonathan Rogers tweeted Tuesday morning that the 110-unit project in the works at a former garage and stables on N Street NW will deliver as condos. The units will be priced between $300,000 to over $1 million.
Four Points is leading the development at Chapman Stables that will combine two lots, one the historic stable and the other a vacant lot at 57 N Street NW (map).
A rendering shows the historic building from the street level
Chapman Stables was built in stages between 1906 and 1916 and was used as a coal yard, a stable and a garage. It’s the former home of the Brass Knob warehouse, which vacated the space in 2010.
The historic building will have an additional glassy third floor and new construction behind it will rise to five stories. Originally, 120 residential units were proposed but the Historic Preservation Review Board requested a lower roof addition on the historic building, which reduced the total number of units.
This article originally published at http://dc.urbanturf.com/articles/blog/110-unit_chapman_stables_development_in_truxton_circle_goes_condo/11913
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