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Long-Stalled Capitol Hill Oasis Project Moves Forward

Photo courtesy of Google Maps.
Work has restarted on one of the longest stalled residential projects in DC.
Capital Hill Oasis, located at 12th Street and K Street NE (map) in Trinidad, started going up way back in 2005. The developers planned for ten luxury, five-bedroom, four-story townhouses with elevators, intended for well-heeled buyers.
They also planned a second phase of 16 condos. Though construction was progressing, a series of unfortunate events, well documented by Frozen Tropics, eventually led to the foreclosure of the property. (The events included digging out the foundation in such a way that the wall of a neighboring building collapsed, eventually leading to a fire in that building.)
Since then, the fenced-off project has been an eyesore. But now, reports Housing Complex, Premier Bank (which owns the property) has obtained permits and started construction about a month ago. They hope to be able to deliver the units in either July or August.
Trinidad has proven this year that it can attract high-end buyers. We’ll keep you updated as this project moves forward.
See other articles related to: trinidad, capitol hill oasis
This article originally published at http://dc.urbanturf.com/articles/blog/long-stalled_capitol_hill_oasis_starts_work_again/6973
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