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Sales at The Floridian Start This Thursday

  • February 22nd 2010

by Mark Wellborn

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Sales at The Floridian Start This Thursday: Figure 1
The Floridian

The Floridian is kicking off sales this week with a grand re-opening on Thursday night. To register for the event, click here.

The FHA-approved development in the U Street Corridor consists of two eight-story towers at 919 and 929 Florida Avenue (map). Eighty-six condos will hit the market on Thursday, including studios, one-bedrooms, two-bedrooms and three-bedroom units. One-bedrooms average 750 to 900 square feet and two-bedrooms average 900 to 1,250 square feet.

The project will be closely watched in the U Street Corridor, where new condo inventory has dwindled to just a handful of units.

Recall that The Floridian was acquired recently by Bethesda-based investment firm The Goldstar Group, who announced new pricing a few weeks ago in anticipation of re-introducing the project to the market. “We’ve changed the pricing structure to make it more affordable for the area and for new prospective purchasers,” The Goldstar Group founder Michael Brodsky said in a statement. “We are now well-positioned to meet the market.”

Below is the price sheet for the development.

Studios Starting at $227,000
One-bedrooms Starting at $333,000
Two-bedrooms Starting at $392,000
One-bedroom penthouses Starting at $389,000
Two-bedroom penthouses Starting at $432,000
Three-bedroom penthouse $1,000,000

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See other articles related to: dc condos, dclofts, the floridian, u street corridor

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/sales_at_the_floridian_start_this_thursday/1801.

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