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Douglas Development Getting Back Into the Rental Game

  • January 6th 2011

by Mark Wellborn

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Douglas Development Getting Back Into the Rental Game: Figure 1
Rendering for apartments at 2211 14th St. Courtesy of R2L.

Housing Complex reports that plans are moving forward for a new 200-unit apartment building from Douglas Development near New York Avenue and 6th Street. The news came out at an ANC meeting last night. From Housing Complex:

“A 200-unit, Shalom Baranes-designed rental building on the site where the Fringe Festival has been allowed to stage for the last few years is to be built in a joint venture with residential giant Kettler…[Douglas executive Paul Millstein] says he hopes to break ground within 12 months.”

Given the leasing success of 425 Mass and 401 Mass nearby, the timing of this project is fairly good (even though it won’t deliver for a few years).

The 200-unit apartment project is just the latest rental development that Douglas Development has in the works. The company is also hoping to build a six-story, 30-unit apartment project at 2221 14th Street NW (map) and earlier this year there was speculation that the firm would be converting the former Wonder Bread factory at 641 S Street NW (map) into 80 apartment units.

See other articles related to: douglas development, new york avenue

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/douglas_development_200-unit_apartment_building_set_to_go/2811.

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