Construction of the residential building planned for 11th and V Streets, NW, which DCMud reported last February, has added a few details to their plans. In April, Loford LLC selected Ellisdale Construction & Development as general contractor for the project, who is currently bidding subcontractors for the project (with the deadline one week from today). Now, Ellisdale has posted an image of what the 33-unit building may look like (very conceptual), and the owner has indicated that the project will be condominiums.
The $4.5 million project will consist entirely of new construction. A two-story building on site will be razed - although the permit has not been approved - to make way for a 6-story (plus underground garage), 38,160 s.f. building. The garage and first floor will be constructed using concrete and metal framing, above which there will be five floors of wood framing. The 33 units vary from 615 to 750 s.f. No architect has been selected for the project yet.
Developer Habte Sequar purchased the land in August of 2010 for $2.7 million. Sequar is in the midst of developing another condominium at 14th and R Streets, which began construction last month, as well as the Renaissance at Logan and the Josephine Condos at 440 Rhode Island Ave., NW.
Washington D.C. real estate development news