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Co-living Concept Takes Over One-Third of Units at Union Market Apartment Building

by Nena Perry-Brown

The Highline at Union Market. Click to enlarge.

A co-living concept is taking over one-third of a nearly-completed multifamily development in Union Market.

On Wednesday, QUARTERS co-living announced its largest location — and its first in DC: 67,000 square feet of the 315,000 square-foot Highline building at 320 Florida Avenue NE (map). Essentially, W5 Group bought out Clark Enterprises and signed a long-term lease with QUARTERS, giving the co-living company control of 99 of the 300-plus apartments. Those 99 units will be converted into two-, three- and four-bedroom co-living units, totaling 239 beds.

“This project is a perfect fit for the up-and-coming neighborhood of Union Market,” Ralph Winter, principal of W5 Group, said in a statement. “We are offering something that is quite unique: an opportunity, through your place of residence, to be a part of a community of likeminded individuals and share in the experience of home.”

The co-living units are expected to be available by the end of the year, and their residents will also enjoy access to the building's amenities.

This article originally published at http://dc.urbanturf.com/articles/blog/one-third-of-the-highline-at-union-market-converted-into-quarters-co-living/15840

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