Home | Newsletter | Advertise

Adams Morgan Office Building Sells, Larger Residential Development Planned

  • October 18th 2016

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Adams Morgan Office Building Sells, Larger Residential Development Planned: Figure 1
The Transcentury Building today, via Google Maps.

Last year, the Murillo Malnati Group filed plans to turn the Transcentury Building in Adams Morgan into a 47-unit residential development. Now, those plans have changed a little bit.

On Monday, it was announced that Murillo Malnati Group sold the vacant office building at 1724 Kalorama Road NW (map) to Bellevue LLC. UrbanTurf has learned that the new owner plans to redevelop the building into a project with 48 to 55 residential units, four parking spaces and a two-story addition. Marcus & Millichap arranged the sale and Greysteel is handling the financing.

When Murillo Malnati filed plans with the Board of Zoning Adjustment the team noted that they couldn’t feasibly add underground parking to the structure, which doesn’t have a basement, so it will be interesting to see how parking is incorporated into the new development.

If you are interested in being kept abreast of the status of 1724 Kalorama Road NW, let us know by submitting your email below:

This article originally published at https://dc.urbanturf.com/articles/blog/adams_morgan_office_building_sells_55-unit_residential_development_planned/11798.

Pipeline: New Condos & Apartments Coming to the DC Area

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse