Thursday, March 12, 2009

The Residences Delivering on Georgia Avenue


The Neighborhood Development Company’s Residences at Georgia Avenue just finished construction, thanks to Hamel Builders. The 72-unit "affordable" apartment building sits in the heart of Petworth at 4100 Georgia Avenue, NW.

Financed by $28 million from a laundry list of contributors, including the District of Columbia Housing Finance Agency, the District of Columbia Department of Housing and Community Development, the Wachovia Affordable Housing Community Development Corporation and MMA Financial, NDC founder Adrian Washington says, “The Residences is a shining example of what can be accomplished when the private sector works hand in hand with the community and the District government to move neighborhoods forward.” The project was designed by local architects, Wiencek and Associates.

The project, which broke ground in September 2007, will also be home to the District’s second Yes! Organic Market in as many years (the first opened at PN Hoffman’s Union Row development in November). The new, 10,000 square foot Yes! - Petworth’s first boutique grocer – will open this coming summer following completion of its own independent, interior build-out.

In the meantime, the Residences at Georgia itself will become an official addition to the Georgia Avenue corridor after a ribbon-cutting ceremony – to be attended by Mayor Adrian Fenty and Ward 4 Councilmember Muriel Bowser - on March 31st at 10:30 AM.

Washington DC real estate development news

7 comments:

iammrben said...

Great news, thanks for the update!

Any idea when the Shell gas station a few doors down will be torn down? If I'm not mistaken, a CVS or something similar was slated to go in there...?

Also curious about the abandoned building between the Geo Ave residences and the Safeway -- I believe PoP said something about a health center going there?

Love the blog :)

Justin on Mar 13, 2009, 11:53:00 AM said...

Just a note:

I believe this is the 4th Yes! The Adams Morgan and Brookland locations were in business way before the 14th St location...

Anonymous said...

Am I wrong to be worried? Is there too much affordable housing being crammed onto Georgia Avenue? Will this be a bad thing in a few years?

Hunter on Mar 13, 2009, 1:16:00 PM said...

Justin,

You are correct! Thanks for the heads up.

IMGoph on Mar 16, 2009, 9:39:00 AM said...

justin's not exactly right either. there's also the capitol hill yes!, which has been open for quite a while as well.

c on Mar 16, 2009, 3:25:00 PM said...

how does one apply to this type of housing? what are the qualifications?

Anonymous said...

For those interested in leasing info of these aparments visit the ndc real estate or call (202) 722-4646


http://www.ndcrealestate.com/new3/Apartments/VA%20and%20DC/Residences/Georgiaave.htm

 

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