Home | Newsletter | Advertise
loading...

Sold Out: First Major Townhome Development by the Ballpark

  • April 1st 2010

by Will Smith

✉️ Want to forward this article? Click here.

One of Capitol Riverfront’s most recognized new projects, Capitol Quarter, has officially sold out. Capitol Quarter is a seven-block development of colorful townhomes near Nationals Park. Centered around K and 4th SE (map), the project includes 77 market-rate and 36 workforce homes. (Workforce homes are the housing tier between low income and market rate units. In order to qualify, the household income must be 80-120 percent of the area median income.) Capitol Quarter started delivering in early 2009, with buyers moving in by April.

Sold Out: First Major Townhome Development by the Ballpark: Figure 1

The sell-out is actually for Phase I of Capitol Quarter. Phase II is set to break ground toward the end of this year. With 77 market-rate and 34 workforce homes, it will be about the same size as Phase I. It will also include nine 24-foot-wide corner homes, a model type that wasn’t available in Phase I but which developer EYA thinks will be very popular.

“The rooftops of those units will have some of the best views in the area,” EYA vice president of sales and marketing Preston Innerst told UrbanTurf.

EYA plans to begin sales of Phase II properties this summer, with the first move-ins occurring next spring or summer. Innerst estimates that once both phases are complete, Capitol Quarter will have brought about 600 new residents to the ballpark area, a sizable contribution given that the neighborhood’s entire population currently stands at about 2,700.

See other articles related to: capitol quarter, capitol riverfront, dclofts, sell outs

This article originally published at https://dc.urbanturf.com/articles/blog/sold_out_first_major_townhome_development_by_the_ballpark/1931.

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse