Two new residential developments -- one affordable and one market-rate -- are headed to a corridor in DC that defined the development boom in the city over the last 15 years.
On Wednesday, The Faircliff, a 125-unit affordable housing project, and NOVEL 14th Street, a 197-unit market-rate development, broke ground at 2601 14th Street NW (map). The two side-by-side projects will replace the former 80-unit Faircliff Plaza East apartment complex, quadrupling the total number of housing units on site.
The Faircliff, from Somerset Development Company, Jonathan Rose Companies and Housing Up, includes 80 affordable replacement units for former Faircliff Plaza East residents as well as 45 new affordable units available to households with income at or below 50% of Area Median Income.
Designed by Eric Colbert & Associates, The Faircliff will be constructed to Passive House standards and feature a range of green design features, including a green roof, electric vehicle charging for 19 parking spaces, and carbon-injected concrete.
The 197-unit NOVEL 14th Street, developed by Crescent Communities, will feature studios, one-bedroom, and two-bedroom apartments, as well as amenities, including a rooftop pool and clubhouse, courtyard, a gym with a treadwall and yoga room, multiple co-working rooms, and library.
The first residences at the Hord Coplan Macht-designed building are expected to deliver in 2025.
This article originally published at https://dc.urbanturf.com/articles/blog/197_market_rates_units_125_affordable_apartments_break_ground_on_14th_stree/20510.
Most Popular... This Week • Last 30 Days • Ever
There are two new proposals to redevelop the center at 14th and U Streets NW that are... read »
Dupont Circle’s Swann House, a former 15-bedroom bed and breakfast, will be listed ... read »
A recent build in Anacostia made history as the first code-compliant bamboo building ... read »
The recently-filed amendment would help move redevelopment of a police and fire stati... read »
A recent filing with DC indicates that a large new residential development in Glover ... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
Why condo fees are high in some buildings and low in others can be a difficult questi... read »
Post Brothers has plans in the works to convert the Universal buildings into a sprawl... read »
The two-building project will include approximately 825 residential units, 151 lodgin... read »
The M Street building was built in the early 1980s.... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro