Wednesday, April 08, 2009

1010 Mass Condos

1010 Massachusetts Avenue, NW, Washington DC, 20001
1010 Mass condos is a 14-story, 163-unit condominium, developed by Rock Creek Properties (RCP), North Carolina-based Faison and the Carlyle Group. Washington DC commercial real estate developmentSales began October 2005; first settlements began early Summer, 2007, and the project sold out by late 2008. Located in between Shaw and downtown DC, 3 blocks from Metro (Mt. Vernon), 1010 Mass has 8700 s.f. of ground floor retail, a rooftop lap pool and patio with superb views, and overlooks the new DC Convention Center and Massachusetts Avenue, taking the place of a small office building that had been on site. The underground garage houses space for 169 cars, i.e. only one per unit. Prices ranged from $400k to $1.5m; parking was available to purchase at $37,500. Faison also built the Whitman condos nearby. Architectural design by Esocoff & Assoc., Glen Construction performed construction, but went bankrupt after completing about 80% of the building.

Washington DC real estate development news


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