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Sequar told DCMud he bought the property several months ago from Quality Investments, and that Loford is working on design in-house, with the intention of naming an architect further along in this process. Though Sequar says he hopes to wrap things up within 18 to 24 months, he's being optimistic. It's taken nearly ten months to submit the raze permit: The date written on it says April 2010, yet the Historic Preservation Office claims to have received it earlier this month.
Loford's past work includes The Josephine Condominium at 440 Rhode Island Ave., 20 newly built condos on the market since 2009 that are still selling. Loford also purchased 1638 14th Street, which DCMud reported is to become a seven-story, 30,000 s.f. condominium to be built atop a 6,000 s.f. parking lot at the corner of R and 14th. No word on progress for that development, which has been
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Washington DC real estate development news