Thursday, May 01, 2008
There's a new condo in town. Though that wouldn't have been so newsworthy a few years ago, the dearth of new construction makes us happy to be able to report that inventory doesn't just shrink. Drummond Development has come out of the ground with Privado, its most recent project, a 16-unit building on Chapin Street in Columbia Heights.
The project will sit on the crest of the Hill overlooking DC, reportedly providing rare views across the city from the upper floors. Developers hope that adjacent Meridian Hill Park, as well as the recently opened DC USA and newly revived Columbia Heights center, will be an attractant for condo sales, but aren't taking chances. According to Steve Schwat of Drummond, the condominium will feature "real wood stained entry doors, solid real wood floors...dove tail drawers, and Siedle full color video/audio entry systems with biometric fingerprint access." Not mincing words, Schwat says that interior details permeate the thought behind the building, including "super-silent powerful bath fans - not those cheap noise makers everyone else uses...even our garbage disposals are better. Its designed for those that appreciate true quality."
Drummond has seemingly not lost its footing in the current market, completing numerous apartment renovations throughout DC as well as having recently completed Meridian Heights, The Drummond, Archbold, Providence Square, and Penn Circle, all condo projects in or near downtown DC. The project is designed by PGN Architects., and should be complete late this year; the units will range in price from the high $300's to the $900's.