Monday, December 09, 2019

Valor Development Moving on New Residential near H Street Corridor

Developers are set to break ground this month on an $11 million dollar residential project that will bring 84 new condominiums to DC's H Street Corridor.  The five story building will  replace vacant church buildings at 1350 Maryland Avenue NE, at the intersection with 14th Street and south of H Street.

1340 Maryland Ave. - Rendering: Valor Development
Will Lansing of Valor Development, project developer, told DCMud plans call for one and two-bedroom units and a roof deck.  Former plans called for a mix of retail and residential, but the latest of the iteration of the project is residential only.  Eichberg Construction is the general contractor on the project and the architectural firm is PGN Architects.  Launched under the moniker The Maia, the name of the project has also changed, Lansing said.  The building's new name is The Maryland.

"I think it will be a nice [building] for that neighborhood," Lansing told DCMud.  "For the most part, that neighborhood is all row houses, a scattered bunch of small condo buildings, but otherwise mostly apartments, so we’ll be pretty much the only condo inventory coming online in that neighborhood for a while."

DC's District Department of Transportation (DDOT) says it expects to start streetcar service with 10 stops along a two mile stretch of H Street by 2014.  The city also says this first of several lines in the proposed future $1.5 billion DC Streetcar project, when it goes online, will raise property values all along the H Street corridor.  Now, two retail clusters anchor the east and west ends of the corridor, and The Maryland is on new developments are sprouting up beyond the street too.

*Amanda Abrams contributed reporting for this story.



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