Rendering of the Italian Embassy residences.
After nearly seven years of stalled development and four property owners, the 135-unit residential complex at the former site of the Italian Embassy on 16th Street is expected to start leasing in 2018. On Wednesday evening, a representative of developer Mill Creek Residential shared the status of development at 2700 16th Street NW (map).
A planned-unit development was approved for the site of the Italian Embassy in 2010, but the site has gone through four different owners since, with Mill Creek taking over the site in June 2015. The building, designed by Whitney Warren and Charles D. Wetmore, who designed New York City’s Grand Central Terminal, has been vacant since 2002. The project broke ground last November and the building has since been gutted, leaving behind the neo-renaissance style exterior and other historical elements to be restored.
Construction will get underway within the next month, setting the apartments up to start leasing in the second quarter of 2018. Afterward, a newly-constructed nine-story building will be built behind the former embassy, with delivery planned for the second or third quarter of 2019. The entire development will furnish 135 luxury apartments from studios to three-bedrooms atop two levels of underground parking.
This article originally published at http://dc.urbanturf.com/articles/blog/the_italian_embassy_apartments_to_start_leasing_in_2018/12285
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