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Condos at The Wharf Join The $1,000 Per Foot Club

by UrbanTurf Staff

Condos at The Wharf Join The $1,000 Per Foot Club: Figure 1
VIO at The Wharf

There are only a handful of areas in DC, specifically a handful of buildings, that can boast sales prices that exceed $1,000 per square foot. Those developments are located where one might expect, in neighborhoods like Georgetown, West End and in the highest-end buildings in Logan Circle.

Now, The Wharf can boast inclusion in this group.

UrbanTurf has learned that a limited release of residences at VIO, a new 12-story, 112-unit condo project being developed on Parcel 4B at The Wharf, has found buyers that are willing to pay above $1,000 per square foot.

Condos at The Wharf Join The $1,000 Per Foot Club: Figure 2
A rendering of a unit at VIO.

“We’ve offered 25 residences to the market, and they sold out immediately,” a Wharf spokesperson told UrbanTurf. “The offering included a variety of units with the average unit price exceeding $1,000 per square foot. Some of the three-bedroom units facing the water fetched higher prices.”

Designed by Handel Architects and WDG Architects, VIO has a number of high-end features including concierge services, water views, a gym with a yoga studio and a rooftop saltwater infinity pool. Select condos will have private elevators that include access to the restaurants, bars, cafes and retail on the Wharf promenade.

VIO

This article originally published at http://dc.urbanturf.com/articles/blog/condos_at_the_wharf_break_the_1000_per_square_foot_mark/10499

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