30-Unit Condo Conversion Planned Near Meridian Hill
✉️ Want to forward this article? Click here.
Madison Investments is planning to convert a multi-family building at 2327-2331 15th St NW (map) into 30 luxury condos, the developer announced last week.
The building is near Meridian Hill Park and situated about halfway between the Columbia Heights and U Street Metro stations. The company is planning one- and two-bedroom units as well as a roof deck, garden and two penthouse units. PGN Architects will design the project, and TTR Sotheby’s International Realty will handle sales.
Madison has been aggressively targeting DC’s luxury condo market of late, which has been heating up thanks to low supply and increased demand. The firm is planning a 49-unit building in southeast Capitol Hill outfitted with larger condos and a 32-unit project in Logan Circle.
The building was purchased by Madison recently, and the tenants vacated the property prior to the sale.
See other articles related to: 14th street corridor, condos, madison investments
This article originally published at https://dc.urbanturf.com/articles/blog/madison_investments_plans_30-unit_condo_conversion_in_meridian_hill/8916.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
The residential pipeline in Adams Morgan has slowed in recent years, and now there ar... read »
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro