Monday, May 09, 2011

Camden to Start Southwest DC Project Next Tuesday


Camden Property Trust will kick off its project on South Capitol Street in southwest DC a week from tomorrow, inaugurating what will be one of the few projects to actually begin construction lately in the littlest quadrant, with the building of a 276-unit rental building across the street from Nationals Stadium. The groundbreaking puts the project on track for a late summer 2013 completion, possibly in time for views of the stadium during regular season play. DC-based WDG Architecture, which also conceived the apartments just north of the ballpark, designed the building - officially called Camden South Capitol - that will take up the now vacant site north of O Street. Developers at Camden say the apartment building will fill a need in the saturated residential market of the Capitol Riverfront, which now has scant vacancy. Foundry Lofts on the riverfront will be open for lease by early fall, though no other residential development will open in the interim. WDG's Sean Stadler notes that the building was being designed in a very uncertain rental market - during construction of the ballpark. "It has a very rich feeling for a project that was in a unknown rental market when it was conceived," says Stadler. Given that, retail space was minimized in favor of a street presence for building services. "We tried to break down the facade...creating a street wall along South Capitol, but at the street the whole thing will break down on a human scale." Stadler says the grey brick is an alternating pattern, smooth and textured, light and dark grey. "So from up close the building starts to break down in scale...at the base, certain pieces pop out that give relief so the facade doesn't just hit the street." Stadler is also confident the apartments "will have great air and light with great views up to the Capitol." Mark Coletta of Camden says the residence will offer a rooftop pool and deck, underground parking, and possibly fabulous views into the ballpark across the street. Camden purchased the property in 2007 and has hired Donohoe as the general contractor. 

Washington DC real estate development news

3 comments:

Anonymous said...

This isn't Baltimore and the baseball stadium isn't at Camden Yards. CHANGE THE NAME OF THE DEVELOPMENT!!

Gallen.Neilly on May 16, 2011, 12:09:00 PM said...

THIS EVENT HAS BEEN POSTPONED

Gallen.Neilly on May 16, 2011, 12:09:00 PM said...

THIS EVENT HAS BEEN POSTPONED

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