The $38 million dollar project will transform a NOMA parking lot at Third and K Streets, NE into a 345-bed dormitory complex, just around the corner from the Northeast BID’s only other ongoing residential projects thus far: the Cohen Companies’ Union Place.
The development will be sufficient to provide for approximately 80% of the thousand plus interns drafted by the TWC each year, who are currently housed in sundry apartment buildings throughout the area. Current plans call for the usual college-style accoutrements like shared kitchens, high speed internet and the nostalgia-inspiring “common area.” Though Paradigm representatives were unwilling to divulge the architects or general contractor attached to the project, they did say that “groundbreaking is imminent” and could begin before the end of the month.
The rise of the TWC’s student housing center does, however, signal the death knell for another project once planned for the same site: Greenbaum & Rose’s Capitol Cab Condominiums. Once slated to deliver another 112 residential units to the NOMA corridor, the project never got off, or out of, the ground. Greenbaum & Rose did not respond to DCmud’s inquiries regarding the project.
UPDATE: Washington Center representatives have confirmed that the architect on the project will be Davis Carter Scott and that a groundbreaking ceremony will be held on April 14th.