239-Unit Live/Work Loft Development in Downtown DC Put on Hold
✉️ Want to forward this article? Click here.
A new live-work concept pitched for a downtown DC office building has been put on hold.
Madison Highland Live/Work Lofts, a partnership between Wharf developer Madison Marquette and Highland Square Holdings, has withdrawn its application filed with DC to convert the 12-story office building at 700 11th Street NW (map) into a new development with 239 live/work lofts.
story continues below
loading...story continues above
"Unfortunately we have run into a capitalization challenge that has resulted in the need to withdraw the BZA application," Highland Square CEO Rob Seldin told UrbanTurf in an email.
The concept for the office building is essentially loft-style apartments that can be rented as an apartment, an office or a live/work space. The company has two similar projects in the works in Merrifield and Bailey's Crossroads.
700 11th Street NW has been vacant since last year when law firm Williams & Connolly completed its move down to The Wharf.
See other articles related to: live-work lofts
This article originally published at https://dc.urbanturf.com/articles/blog/239-unit_livework_loft_development_in_downtown_dc_put_on_hold/21732.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we review five potential red flags you may enc... read »
The three office-to-residential conversion projects have been conditionally awarded t... read »
The new project will take the place of an obsolete office building in Courthouse.... read »
The plans for one of the final parcels at DC's St. Elizabeth's East campus are beginn... read »
Post Brothers purchased the building at 2100 M Street last year.... read »
- Five Red Flags to Look For During Condo Document Review
- Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements
- 16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard
- 500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths
- A 400-Unit Office-To-Residential Conversion Pitched in DC's West End
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