Madison Investments Plans 49-Unit Condo Building on Capitol Hill
✉️ Want to forward this article? Click here.
The Washington Auto Club on 11th Street SE, courtesy Google Maps.
Madison Investments is planning a 49-unit luxury condominium building on the site of the Washington Auto Club, Barry Madani told UrbanTurf on Wednesday.
The building planned for 912 11th Street SE (map) would be located right near an on-ramp to 395 at the southeastern edge of Capitol Hill. Madison Investments, which reportedly had plenty of competition for the site, plans large one-, two- and three-bedroom units. If all goes well, Madani said construction would begin in the first quarter of 2015.
The company plans to buck the trend of increasingly smaller units to aim for a more family-driven demographic, Madani said.
“We’re bullish on larger units at the moment,” he said. “We think Washingtonians are not ants. They need space and they need to have families, and people want to stay in the city. So we’re trying to fill that void.”
The building will also exceed parking requirements for the size of the project.
“Less units, lots of parking,” Madani quipped. “That’s how we roll now.”
The firm is working with PGN Architects on the design for the project, but no renderings have been finalized yet.
“We’ve had a couple of passes, and we’re working toward something more beautiful. We want to look at something contemporary that’s going to fit in with the neighborhood,” Madani said. “Frankly I think anything that goes on that site is going to be an improvement, but obviously we do our best to make sure our designs are something to write home about.”
See other articles related to: barry madani, capitol hill, dc condo market, dc condos, madison investments, washington auto club
This article originally published at https://dc.urbanturf.com/articles/blog/madison_investments_plans_49-unit_residential_building_on_capitol_hill/8602.
Most Popular... This Week • Last 30 Days • Ever
Today, we take a closer look at home insurance.... read »
Monument Realty and Mosaic Realty Partners redevelopment plans for a surface parking ... read »
A new report shows that apartment rents rose ever so slightly in DC over the last yea... read »
UrbanTurf is taking its semi-regular look at the areas around DC that have seen the h... read »
The near-term future for DC's Uptown Theater; an OpenAI lease; changing gears at Walt... 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