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Jair Lynch Pulls Plug on Plans For 48-Unit H Street Project

  • February 27, 2013

by Shilpi Paul

Jair Lynch Pulls Plug on Plans For 48-Unit H Street Project: Figure 1
An early rendering for 501 H Street NE.

501 H Street NE (map) is back up for sale as developer Jair Lynch has decided not to move forward with previous plans for the building. ANC 6C Commissioner Tony Goodman tweeted the news on Wednesday morning and confirmed to UrbanTurf that H Street Development Corporation, which owns the building, is re-listing the property for sale.

In December, UrbanTurf reported that Jair Lynch was planning on creating a 48-unit residential project with ground floor retail at the site. A call to the developer looking into the reason for the change in plans was not immediately returned.

The property is located between two sizable projects. One block to the west is 360˚ H Street, a 215-unit apartment building with a long-awaited Giant Supermarket, that recently started leasing. And a 240-unit apartment project on the 600 block of H Street, also from Jair Lynch, is expected to start construction this year.

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This article originally published at http://dc.urbanturf.com/articles/blog/jair_lynch_pulls_plug_on_plans_for_48_unit_h_street_project/6719

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