Thursday, August 16, 2007

Flats at Blagden Alley Back to Life


When we last visited the Flats at Blagden Alley in July 2006, developer Walnut Street Development had canceled sales of the condo project before breaking ground, with sources saying only one of the 45 units had gone under contract, with the developer stating a likelihood of pursuing residential rental space in the near future. The Flats are indeed coming back, again as condos, but this time as ‘affordable’, to be built by North Carolina-based Self Help, a non-profit whose mission is to “create ownership and economic opportunity for minorities, women, rural residents, and low-wealth families.”

The Flats will front M St., the alley and 9th St., one block from the Convention Center in the heart of Shaw and directly across from the Whitman. WSD’s version, designed by Eric Colbert, had been priced from the high $200’s to the $800’s; the new plan calls for one-bedroom units to start in the upper $100’s to mid $300’s, with target incomes from the mid $30,000’s to the mid $80,000’s. The original project was designed to be a mix of 45 residential condos, ground floor retail, artist lofts, and office space for associations and small businesses; the revised plan calls for 49 one-bedroom condos and 14 two-bedroom condos. Self Help says it expects completion in late 2008.

1 comments:

Shaw Rez on Aug 17, 2007, 9:45:00 AM said...

Great post on an exciting project for Shaw and D.C.! Self-Help and the neighborhood are very excited about this project; workforce housing is desparately needed in D.C., and to bring it with style, beauty, and in a centrally located place is such a coup.

My understanding is that there will still be ground floor retail on the 9th Street component of the project. Also, the general look of the beautiful Colbert design is still being used and only slightly modified. Finally, note that the 9th Street building is directly across from the convention center.

 

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