Capitol Hill Condo Opens Saturday

Capitol Hill's newest condo opens for sales on Saturday. 15 East is expected to be ready for occupancy by mid April. The 4-story building, by Macy Development, will offer 4 one-bedroom and 4 two-bedroom condos for sale on the corner of 15th and C Streets, SE. Prices will start at $289,900 for the one-bedroom units and $389,900 for each of the two-bedroom condos.

Located 3.5 blocks north of the Potomac Avenue Metro station, near the new Harris Teeter, construction on the new building began in late 2007 but halted during the financing drought. The project was revived earlier this year, with completion scheduled within the next 4 weeks. Two-bedroom condos will come with the option to purchase parking, and all will have some private outdoor space. Two bedroom condos feature a corner living room with a wall of glass facing south and west. Sales and marketing by DC Real Estate.

15 East

285 15th Street, SE

Washington DC, 20003

Washington DC real estate development news

New Townhouse-Style Condos for U Street

A lot at the corner of Vermont Avenue and T Street, NW, in the heart of the U Street neighborhood, is about to get an infusion of six new condos in three townhouse-style buildings. The two-over-two units, sitting almost on top of the U Street Metro station, will range from approximately 2,000 s.f. to 2,400 s.f. with two floors for each unit. The three lots are part of a larger parcel that was once home to a four-story apartment building, "The Cameron," which was built in 1899 and destroyed in a fire in the 1960's. The new condos will be a huge improvement over the site's use as a parking lot for the neighboring Masonic Temple.

The three upper units with have roof top terraces, all will have one private parking space, two of which will be private attached garages. Two of the houses (four units) will face T Street and one will front Vermont Avenue. Mimicking the style of the neighborhood, the Lessard Group designs take their form from Queen Anne and Romanesque architecture; the corner of Vermont and T Street will likely feature a tower that conforms to the many existing historic homes in the surrounding community. The matter-of-right development will go before the Historic Preservation Review Board (HPRB) this week and received an approval in the HPRB staff report.

Developer Derek Huetinck said a date for construction has not been scheduled, but he is filing for permits and hoping to begin by the end of this year. In a best case scenario the units could deliver in the first half of 2011. Huetinck said he was "unsure of final sales prices for the units at this time" and that the project "likely will not open for sales until after construction has begun."

The site was formerly the proposed home of Evanti Condos, a 14-unit project by Macy Development and the Masonic Temple, which owned the land, but which never broke ground. Huetinck obtained the properties under his project entity T Street Builders, LLC in November 2009 for $770,000.

Washington DC real estate development news

New NoMa Condo Opens for Sales

Macy Development has opened its sales center at its latest condominium project, Basilica Lofts, a 21-unit condo in the Eckington - NoMa neighborhood. The Basilica Lofts project is the conversion of a row of historic storefronts-turned condos in an area once known for its expanses of undeveloped land and lonely Greyhound Bus Station, but that now stands apart by the sheer volume of new construction planned and underway. Developers have been attracted to NoMa’s proximity to downtown, where vacant land is now scarce, and new Metro station, though nearly all development is office space, with over 10 million s.f. of commercial space on the way. Basilica Lofts will feature two-bedroom condos on two stories starting at $359,000 with immediate occupancy. As DCMud reported last week, the nearby Washington Gateway project will add another 250 residential units to the area, but no further residential units are project to complete until 2009 at the earliest. Marketing and sales by DCRE.