New Condos Could Be on the Way For 14th Street
✉️ Want to forward this article? Click here.
Ground could be broken by the end of the year on new condos (or apartments) along the rapidly-transforming stretch of 14th Street between Logan Circle and U Street. The Washington Business Journal is reporting that a planned 120-unit residential project from JBG Companies could break ground on 14th Street between Swann and S Street in the fourth quarter of 2010.
The project, which will be designed by popular local architect Shalom Baranes, will offer primarily studios and one-bedroom units and have 18,000 square feet of retail, according to the Journal.
Given that the DC area could be experiencing a condo shortage in the coming months and a number of developments in the vicinity of this project have sold out or are on the verge of selling out, we imagine that these units will deliver as condos, not apartments. Evidence of this hunch is that a new condo project from Bonstra Haresign Architects is already in the works for the corner of 14th and R Streets.
The bigger question is will this project get financing; JBG sounds optimistic.
From WBJ:
“…JBG officials say they have talked with several financing brokers eager to get back to business. ‘There is certainly interest in this market,’ said Kai Reynolds, executive development officer at Chevy Chase-based JBG.”
Similar Posts:
- Logan Circle to Get New Condos
- CityScape Sells Out, Leaving Few New Condos For Sale in U Street
- The New Condo Market in the DC Metro: A Snapshot
See other articles related to: 14th street, condo shortage, dc condos, dclofts, jbg, shalom baranes
This article originally published at https://dc.urbanturf.com/articles/blog/new_condos_could_be_on_the_way_for_14th_street/1844.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
On Thursday night, developer EYA outlined its plans at a community meeting for the 26... read »
Chris Hughes and husband Sean Eldridge are putting their Kalorama home on the market ... read »
If the walls of 1222 28th Street NW could talk, they'd have nearly three centuries wo... read »
The plan to replace the longtime home of Dance Loft on 14th Street with a mixed-use ... read »
Even with over 1,100 new apartments delivering in the last 18 months, the new develop... read »
- A First Look At Friendship Commons, The Big Plans To Redevelop Former GEICO Headquarters
- Facebook Co-founder Lists DC Home For Sale
- One of DC's Oldest Homes Is Hitting the Market
- Plans For 101 Apartments, New Dance Loft On 14th Street To Be Delayed
- The Nearly 2,000 Units Still In The Works At Buzzard Point
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
