Georgetown Four Seasons Residences Selling For Above $3,000 A Square Foot, Per Report
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The conversion of the Georgetown West Heating Plant into luxury residences may be the most expensive condo building in DC, according to a new report.
Axios is reporting that buyers of the Four Seasons Private Residences at 1051-1055 29th Street NW (map) are paying in excess of $3,000 a square foot for the homes, which started selling in October. The average price of a unit is $5.4 million.
To put that price per square foot in perspective, it is more than three times higher than the top square-foot price that we saw condos selling for in West End back in March.
The Georgetown Companies and the Levy Group officially broke ground on the Four Seasons-branded homes back in 2023. The heating plant is being retrofit into 64 Four Season-branded condominium units, and a one-acre elevated public park to the two-acre industrial site. The redevelopment is designed by architect Sir David Adjaye, and the park is designed by landscape architect Laurie Olin. Completion is expected next year.
See other articles related to: four seasons private residences, georgetown, georgetown condos
This article originally published at https://dc.urbanturf.com/articles/blog/georgetown_four__seasons_residences_selling_for_above_3000_a_square_foot_pe/23652.
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