646-654 H Street NE. Google Maps.
The residential projects keep coming to the H Street Corridor.
Rock Creek Property Group and Cornerstone Development Group have acquired 646-654 H Street NE (map) and plan to develop a 30-unit condo project at the address, the two firms announced on Monday. The project will have 6,000 square feet of ground-floor retail and is expected to deliver in 2017.
The properties at 646-654 H Street were previously owned by Pilgrim Baptist Church. Cornerstone and Rock Creek Property Group went under contract on the five buildings in May, and the deal closed last week for $4.525 million.
Rock Creek and Cornerstone will demolish “large portions” of the existing properties at the addresses, and hope to start construction on the new project within the next nine to 12 months.
To get a sense of the other residential projects coming to the H Street Corridor, check out our slightly outdated development rundown for the neighborhood here.
This article originally published at http://dc.urbanturf.com/articles/blog/30-unit_condo_project_planned_for_h_street_corridor/8586
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