Saturday, April 21, 2007

Beating Swords into Condos

It may be an ironic time for a peace dividend, but the conversion of the Navy Yard into a downtown destination is starting to take shape - condos of course, not plowshares. PN Hoffman is leading the conversion with a 250-unit condominium project in the Navy Yard, or rather, Southeast Federal Center (pictured), beginning next Spring. The former naval gun factory will metamorphose into one of the coolest projects in DC, according to the developer, which intends to fully renovate the interior space, leaving the existing shell and giant six-story atrium - to become the amenities center, encircled by the residences. There will be "nothing like this" in the District or its environs, according to Dave DeSantis of PN Hoffman. Certainly its location one block from the water will be unique to DC's condo buyers. Architects SK&I are working on the plans for the site, which also sits next to the new DOT headquarters, but too far from the stadium for any random fly balls.

Washington DC real estate development news


Anonymous said...

Any word on pricing?

Ken on Apr 23, 2007, 7:01:00 AM said...

Nope, too early for that. As a rule, final pricing isn't set until just before sales begin. Stay tuned...

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