Jair Lynch Development Partners' 9-story apartment at 15th and V Street, NW, in the U Street District, was given the go-ahead by the Historic Preservation Review Board this morning, after lead designer Sungjin Cho with WDG Architecture presented a new design (above) reflecting the changes that the Board had requested in September.
The apartment's original design (below) has been tweaked to become more sympathetic in scale to the surrounding historic district. In order to do so, WDG increased the percentage of masonry (to glass) on the facade, reduced the height of the corner tower (by one foot on V Street and 4 feet on 15th), decreased the size of all windows, created slimmer bay projections (by a foot-and-a-half), and added more masonry between the ground-floor glass and the tower. Two kinds of glass will now be used in the bays, clear and "fritted" (i.e. enameled).
Included in the development will be two levels of underground parking, 95 apartments - 87 market rate units and 8 subsidized (at 50 to 80% of AMI) - a fitness room, club room, shared interior courtyard, and roof deck.
The property, located at 2005 15th Street, will overtake an existing parking lot that serves the adjacent Paul Laurence Dunbar Apartment (formerly Campbell Heights) at 2001 15th Street, a 10-story, 171-unit apartment designated as affordable senior housing, which is property owned in large part by Jair Lynch. Lynch acquired majority ownership of the Dunbar apartment last year - as the website states - after having "structured a complex package of debt and equity totaling $43.3 million to facilitate the rehabilitation of the property." According to the U Street Neighborhood Association, "The [15th and V Street] project subsidizes a portion of the renovation work being performed on the ... Paul Laurence Dunbar Apartments."
Washington D.C. real estate development news