Monday, July 31, 2006

Groundbreaking for Donatelli's Petworth Project

On Monday, July 31, Donatelli Development will break ground on Park Place, its latest project, to be built above the Petworth Metro Station at Georgia and New Hampshire Avenues. When completed in mid-2008, Park Place will offer 156 units in a 6-story building designed by Torti Gallas of Silver Spring. Donatelli Development - the builder formerly known as Donatelli & Klein - teamed up with Torti Gallas for the two anchor residential projects in the center of Columbia Heights, inviting speculation that Petworth is the leading edge of the boom that engulfed 14th St. Park place will offer underground parking and private rooftop terraces for prices starting at $320,000 for a 1- bedroom condo and $480,000 for 2 bedrooms. Reservation agreements are currently being taken, hard sales should start in October when final condo certification is issued by the DC government; the general contractor has not yet been selected.

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