Tuesday, April 05, 2011

Georgia Avenue Projects Finish Out, Fill Up

The Georgia Avenue corridor at Petworth comes into its own as one more residential development marks its completion this month: 3 Tree Flats, the 130 unit rental building from AHD Inc., Jair Lynch Development Partners and Stratford Capital Group, part of the Georgia Avenue revitalization. An opening celebration is scheduled for April 13th.

The mixed income building two blocks from the Petworth metro offers views of the city from its perch on a hill, a green roof and parking. According to Tara Russell, building manager from Equity Management, units have been available since February. Forty-nine units have been leased, with applications having been filed on the remaining 81 units. "We have had a great response from the community," said Russell. "We could not be more pleased."

The Office of the Deputy Mayor for Planning and Economic Development (ODMPED) selected the development team – which also included EDG Architects and Frank Schlesinger Associates - in 2007 following a competitive solicitation process, the project had been started under the name Georgia Commons before rebranding last year.

Washington, D.C. real estate development news


Greg Benson said...

Congratulations 3Tree Flats!

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