Encore Development and their engineers at Dewberry and Davis are wrapping up razing and land development work at 4800 U Street, NW, making way for eight, freshly-cleared lots that range in size from 6,000 to 12,500 s.f. Located just a block from MacArthur Boulevard, the parcels, dubbed Berkley-Chase, are now "up for sale to either individuals or home builders," according to Encore principal, Steve Kay and will sell for $925,000-$995,000 each.
The Berkley-Chase development makes up approximately half of the 3.2 acre parcel Encore originally purchased back in 2007. Encore sold the other half of the property to the St. Patrick's School before razing the late 1940s home on the property, commencing sewer work, and putting in a series of retaining walls between the lots for sale and the adjoining St. Patrick's School property.
Kay says his company has quietly begun putting the lots on sale and is "working on a couple potential deals now." To date, none of the lots have been sold, but more prominent listings with Washington Fine Properties should be popping up in the coming weeks. Washington DC real estate and development news
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