Thursday, September 06, 2007

JPI Adds to its Stadium Collection


Developer JPI has added to its holdings near the new stadium with the purchase of one acre of land between K, I, and Half Streets, the latter being the major pedestrian entrance to the future ballpark. JPI, a nationwide developer of apartment buildings and, to a lesser extent, condos, says it intends to build the Jefferson at the Ballpark, a mixed-use project with ground floor retail and 416 units. The site is currently occupied by a Wendy's restaurant, groundbreaking is likely to take place next summer.

JPI already owns 901 New Jersey Avenue, one block away, on which it is currently constructing a 240-unit mixed-use apartment building, to be completed late next year; JPI has also begun construction on 70 and 100 I Street, SE (448 and 246 apartment units, respectively), designed by WDG Architecture.

2 comments:

poo poo said...

old story.
for the real deal check this blog:

http://www.jdland.com/dc/index.cfm

Ken on Sep 15, 2007, 9:09:00 AM said...

JD has great information on near Southeast, no one is nearly as detailed there as she is, including us. The JPI story was newly announced even if we don't have the same level of coverage, but since we do the entire DC region that would be hard to accomplish. Thanks for the note.

 

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