What's Hot: 702,000: DC Sees Population Rise Again In 2024
New Condos Could Be on the Way For 14th Street
✉️ Want to forward this article? Click here.
Ground could be broken by the end of the year on new condos (or apartments) along the rapidly-transforming stretch of 14th Street between Logan Circle and U Street. The Washington Business Journal is reporting that a planned 120-unit residential project from JBG Companies could break ground on 14th Street between Swann and S Street in the fourth quarter of 2010.
The project, which will be designed by popular local architect Shalom Baranes, will offer primarily studios and one-bedroom units and have 18,000 square feet of retail, according to the Journal.
Given that the DC area could be experiencing a condo shortage in the coming months and a number of developments in the vicinity of this project have sold out or are on the verge of selling out, we imagine that these units will deliver as condos, not apartments. Evidence of this hunch is that a new condo project from Bonstra Haresign Architects is already in the works for the corner of 14th and R Streets.
The bigger question is will this project get financing; JBG sounds optimistic.
From WBJ:
“…JBG officials say they have talked with several financing brokers eager to get back to business. ‘There is certainly interest in this market,’ said Kai Reynolds, executive development officer at Chevy Chase-based JBG.”
Similar Posts:
- Logan Circle to Get New Condos
- CityScape Sells Out, Leaving Few New Condos For Sale in U Street
- The New Condo Market in the DC Metro: A Snapshot
See other articles related to: 14th street, condo shortage, dc condos, dclofts, jbg, shalom baranes
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/new_condos_could_be_on_the_way_for_14th_street/1844.
Most Popular... This Week • Last 30 Days • Ever
The federal government could be shut down by the end of today, and that shutdown coul... read »
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier... read »
Right on the heels of a $29 million home along Foxhall Road going under contract to T... read »
New data shows that DC continues to make up for population losses experienced during ... read »
Built almost a century ago, the five-bedroom estate will hit the market in Chevy Chas... read »
- How a Government Shutdown Could Affect Home Loans
- At $25 Million, This Is The Most Expensive Home Ever Sold In DC
- The Trump Effect Continues: $10 Million Georgetown Condo Goes Under Contract
- 702,000: DC Sees Population Rise Again In 2024
- The Most Expensive Home In Chevy Chase Will Hit The Market For Just South Of $10 Million
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro
