Washington DC commercial property development news
Monday, March 24, 2008
New Condo Opens on Capitol Hill
The developer of Capitol Hill's newest real estate development has announced it has completed construction and will hold its public opening this weekend. The Butterfield House, at 1020 Pennsylvania Avenue, had already sold about half the 28 units in the building during pre-construction; the developer had been making final improvements over the past month to complete the building.
SGA Companies, a Bethesda-based firm performing both architecture and multi-family development, converted the site from a gas station and auto repair shop to a condominium over the past two years. SGA both designed and developed the Butterfield House, in what is likely to be the last new condo on Capitol Hill proper for the next few years, with no other new construction in the development pipeline on the Hill. About 2650 new condominium units are likely to reach delivery in DC within the next two years, nearly 60% of which will be concentrated in Mt. Vernon Triangle, the new stadium area, and the U Street corridor.
The developer will hold the Butterfield House Grand Opening on Saturday and Sunday, March 22 and 23rd, to celebrate what it hopes will be one of the more iconic buildings on Capitol Hill due to its design and address on Pennsylvania Avenue. The new condo sits just two blocks from the Eastern Market Metro station, and advertises such features as cork sound remediation layering between the floor and subfloor, reclaimed wide-plank cherry floors, underground parking, and video entry systems. Condos range in price from about $350,000 to over $1m. Sales and marketing by Ken Johnson of DCRE.
Subscribe to:
Post Comments (Atom)
13 comments:
mmmmmm...mediocre. yum
this building is far from mediocre. It is actually, finally, a new building that is much more than just a box! The architecture is beautiful and takes cues from its surroundings. Please let this set a design precedent!
Agreed with dg-rad. I do miss the garage that was there, but finally someone took the time to design something that doesn't look like a pre-fab box, it actually complements the existing neighborhood.
absolutely gorgeous!
i can only hope this sets a precedent for developments around dc.
yeah, you're wrong on this one, mediocre bad guy. this is awesome. nothing like the same typical contemporary design. this one will not be instantly identifiable as "built between 2001 and 2010" 20 years from now.
the problem here is that you guys are all settling for the "contemporary" crap we get in DC today. This building isn't awful, but it is mediocre for a complete lack of creativity in the design. As an architect, it's easy to look back and copy things of the past but it's much more difficult to design for today without succumbing to the big box needs of developers... A contemporary building can address a 19th century one beautifully without trying to look just like it.
and btw this building is still just a big box with some nice brick and fake roof.
I stand by my original statement. :p
mediocre,
as a homeowner in need of a new roof, i'm intrigued by the concept of a "fake roof".
what is it? where can i get one?
i find this building pretty attractive, but i'm not an architect.
sure, everyone says it's beautiful (and it is), but the closets are small, the bed walls inadequate, and the masonry construction used cause the prices to be in excess of $600psf. This in turn means that it's not going to sell.
Jenkins Row is $450psf and across the street... I'm not paying that premium personally.
yeah but jenkins looks like a prison. this building wins out purely from an aesthetic standpoint.
if you want to live in a prison, go ahead. leave the beautiful architecture to those who have an extra dollar to spend, and aren't rubbing pennies together in a desperate attempt to buy something. i'd, personally, rather pay to live somehwere I can be proud of, instead of living in that jenkins monstrosity. unfortunately i still have to rent until i can afford to purchase, but when i buy, it won't be in some monster building that feels more like a college dormitory than a home.
yeah, the inner courtyard at jenkins has a certain, 'watch your back' feel to it
Jenkins Row is very cool, you guys should see units, courtyard and public terraces. For a large project they did a good job of reviewing details and blending in design styles with the Hill. And you can't beat the location.
Anonymous, you say that now, but I sincerely doubt you will spend $100,000 more to buy a 1BR at Butterfield House.
It's easy to be so idealistic when you're sitting comfortably in your rented apartment...
Also, the courtyard at Jenkins is awesome... It's a fully enclosed private park... I would much rather have that view than the one out my window at butterfield house...
butwillitsell guy is right. It was announced today that the rest of the units at Butterfield House will be rented until the market improves. Done.
Post a Comment
Commercial ads will be deleted, so don't even think about it.