Monday, June 12, 2006
In an otherwise bleak and desolate neighborhood, the first new residences near DC’s new ballpark are expected to be occupied this week. Capitol Hill Tower, the first large residential project to commence near the site of the future home of the Nationals, where nearly 2000 condominium units are currently in development, is set to settle on the first of its 334 coops this week, according to the sales office for the project. Bucking the trend of condo development, developer Valhal Corporation of New York - where coops are far more common - chose cooperative ownership, one of only 2 large projects in the DC area to go coop. CHT will offer an indoor year-round pool and fitness center. With few buildings yet completed in the area, views from any floor are likely to be impressive. For now.