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Exclusive: A 54-Unit Condo Project Planned For Georgetown's Water Street
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An aerial rendering of the proposed development at 3401 Water Street NW.
The biggest residential development in recent memory for Georgetown would bring 54 condos to DC’s oldest neighborhood.
UrbanTurf has learned that IBG Partners and Wilco Residential with architecture firm BBGM has plans to transform the warehouses below Whitehurst Freeway at 3401 Water Street NW (map) into a condominium community. The address is currently home to the cafe Malmaison and live music venue Gypsy Sally’s.
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The two-story warehouses on the 20,320 square-foot site would be partially demolished, with most of the exterior shell restored and an additional four stories plus penthouse built atop. Plans call for a 60 foot-tall building with 54 residences, comprised of two bedrooms and one bedroom- and two bedroom-plus-dens, ranging in size from 958 to 2,063 square feet. The design for the building looks similar to 3303 Water Street NW, a luxury residential building just down the block.
A rendering of the proposed development as seen from Whitehurst Freeway
There would be one level of underground parking with 34 spaces accessible from Water Street; two vehicle elevators will transport residents to and from the garage entrance. An entry terrace and lobby will be accessible on 34th Street, which will be the second floor of the building based on the varying street elevation. The roof deck will have deck and green roof areas, along with both a swimming pool and a soaking pool.
A rendering of the proposed development as seen from the 34th and Water intersection
Georgetown is a notoriously difficult neighborhood in which to get new development approved, so the project has a ways to go before becoming a reality. It is scheduled to go before the Old Georgetown Board and Historic Preservation Review Board in the coming months.
See other articles related to: bbgm, georgetown, georgetown condos, georgetown development, georgetown luxury real estate, ibg partners
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/54_condos_proposed_adjacent_to_whitehurst_freeway/11742.
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