Penn Quarter

Blog posts about Penn Quarter real estate

There are currently 20 blog entries related to this category.

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Residences of Terrell Place - Boutique Penn Quarter Living

Tuesday, January 31st, 2012 at 11:53am. 134 Views, 0 Comments.

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Manhattan urban chic invades the corner of 7th St and E St in the Penn Quarter at the Residences of Terrell Place.  This 29-unit boutique development features the restored facade of the 1868 Dime Savings Bank Building and modern, architecturally unique interiors.  The Residences at Terrell Place prominently features a 10-story glass elevator structure that joins the Dime Savings Bank 10-story building with two four-story row houses.

Residences at Terrell Place interior finishes delivered by the developer in 2003 included hardwood floors, Canac kitchen cabinets, black granite counters, GE Profile stainless steel appliances and over-sized windows.  Open floor plans, high ceilings and lots of glass give individual units a spacious feel.  The dramatic lobby…

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DC Neighborhood Vibe Scores

Thursday, October 27th, 2011 at 12:41pm. 665 Views, 0 Comments.

Georgetown and Capitol Hill have top Vibe Scores

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MapQuest has developed a new methodology for ranking neighborhoods called a Vibe Score. A Vibe Score is a composite of the following six criteria: walkability, popularity, going out, edginess, burbiness and residentiality. Vibe uses a patented algorithm that utilizes billions of search and social input data points to create real-time rankings.

Georgetown garnered the top ranking DC Vibe Score with a 10, closely followed by Capitol Hill with a 9.8 and Downtown with a 9.6. These are all very popular destination neighborhoods with great walkability and a significant number of venues to attract lots of visitors. It is interesting that two of the neighborhoods that I expected to high Vibe Scores, Logan…

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The Cosmopolitan - Upscale Penn Quarter Condos

Thursday, September 22nd, 2011 at 12:59pm. 643 Views, 0 Comments.

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Located directly across the street from the Verizon Center, the Cosmopolitan offers an upscale, urban experience at the core of the Penn Quarter action.  From this location on 6th Street, you can walk to the Metro, Gallery Place, restaurants, shopping, clubs and museums.

The Cosmopolitan was delivered in 2005 and offers an intimate feel with just 4 units per floor and a total of 46 units in the development.  Building amenities include a rooftop deck, fitness center, community room with free wifi and underground parking for select units. Finishes at the Cosmopolitan include bamboo floors, gas fireplaces, soaking tubs, walk-in closets and open floor plans.

Currently, there are three units available for sale at the Cosmopolitan ranging in price from…

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Pennsylvania Avenue is Expensive

Friday, September 16th, 2011 at 9:13am. 590 Views, 0 Comments.

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MarketWatch recently ranked Pennsylvania Avenue as the fifth most expensive street in the nation for commercial rental rates.  Rents on Pennsylvania Avenue, with great access to both the White House and Capitol Hill, are now averaging a whopping $80 SF.  Pennsylvania Avenue only trails a couple of notable streets including Sand Hill Road in Menlo Park and Fifth Avenue in New York.

In the residential sector, Pennsylvania Avenue is also no slouch with several luxury condo buildings that command premium selling prices.  Notable developments on this grand avenue include: 2501 Penn, Market Square East and Market Square West and the Pennsylvania  Here is a resource to view active Pennsylvania Avenue real estate listings.

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Pet-friendly DC Condo Buildings

Wednesday, June 29th, 2011 at 1:25pm. 1768 Views, 0 Comments.

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In a city where everyone seems to be out walking their dog, why is it so challenging to find a decent pet-friendly condo?

Pet-friendly is one of those terms that seems to have a different meaning to each and all and it is almost impossible to come up with a generic definition. Many condos are marketed as pet-friendly, sometimes it means that there are no restrictions, in other instances there is a weight limit or breed restriction.

If you are a dog owner in the market for the perfect DC condo, our team has experience assisting pet owners and can help you laser focus your search. To get started, here are some pet-friendly DC condo developments:

Adams Morgan

  • Adams Station
  • Beekman Place

Capitol Hill

  • Axis Condos
  • Butterfield…

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Mather Studios: Pet-Friendly Penn Quarter Lofts

Friday, May 6th, 2011 at 6:35am. 991 Views, 0 Comments.

 

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When touring Penn Quarter condo buildings, Mather Studios almost always gets high marks from clients.  Highly respected developer PN Hoffman converted an under-utilized commercial building located at 916 G Street into 50 loft-style condos.  Mather Studios industrial touches include exposed brick walls, open ductwork, high ceilings, commercial-grade windows, frosted glass sliding doors and ultra-cool metallic doors entryway doors.

Mather Studios is a truly pet-friendly building, a rarity in downtown District condo buildings.  Mather Studios residents enjoy the manned front desk, bike storage room and underground parking.  Five Metro Stations are walkable from this Downtown Penn Quarter location as well as the Verizon Center, Gallery Place and the…

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Market Square Commands Top Price

Wednesday, March 2nd, 2011 at 6:47am. 898 Views, 0 Comments.

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The Market Square complex located at 701 Penn and 801 Penn in the Penn Quarter neighborhood is selling for a record breaking rate of $904/SF.  This two building complex features 679,719 SF of office and retail space as well 210 privately-owned condos.

Located on Pennsylvania Avenue midway between the White House and the Capital, Market Square is truly one of DC's power addresses.  Over the last year, five residential condos have sold at Market Square ranging from a 2,200 SF penthouse for $1.3M to a 545 SF one bedroom for $345,000.  The average cost per SF for these five transactions was $685/SF, well below the record breaking price for the commercial segment of the buildings.

Currently, four condos are listed for sale at Market Square East and Market…

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Penn Quarter Condo Picks

Thursday, February 3rd, 2011 at 10:13am. 1406 Views, 0 Comments.

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The Penn Quarter ranks near the top of the list of DC neighborhoods that have transformed the most over the last decade.  Sparked by the opening of the Verizon Center in 1997, the Penn Quarter is now home to over ten thousand Washingtonians living in a vibrant and exciting community.  With WalkScores in the top couple percentiles, Penn Quarter residents can truly enjoy a car-free lifestyle.

Much of the residential space in the Penn Quarter is upscale, modern and newly built within the last ten years.  With so many choices, it can be challenging to differentiate between Penn Quarter condo developments and pick the one best suited for your budget and lifestyle.  To assist in your search process, here are our favorite Penn Quarter condo developments:

1.…

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DC Pioneers Housing Trends

Monday, January 3rd, 2011 at 3:15pm. 818 Views, 0 Comments.

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The results of a recent survey on home design trends by the American Institute of Architects reads like a play book for recent DC new construction. It is refreshing to see several of the trends that we all appreciate about the DC market becoming more prevalent across the nation.  Community design trends that are gaining in popularity include infill development, access to public transportation, mixed-use facilities, and dedicated open space. 

Here in the District, it is easy to trace the development that followed the extension of Metro lines throughout the city.  The vast swaths of vacant land created by the 1968 riots provided a critical mass of infill space that have allowed for neighborhood transforming development in the Columbia Heights and U…

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DC Condos Near VIDA Fitness Centers

Thursday, December 30th, 2010 at 10:41am. 1065 Views, 0 Comments.

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As reported in the WaPo, VIDA fitness center and Bang hair salon owner David von Storch has a knack for picking great locations for his establishments.  A Bang or VIDA opening is a huge stamp of approval on a District neighborhood.

Busy Washingtonians with very limited windows of time to exercise are drawn to the exclusive and upscale VIDA fitness centers.  VIDA targets clients in the 25-49 age range with incomes over $80,000.....who are able and willing to pay a few more dollars a month for a less crowded gym with high-end finishes.  From the fingerprint scanners to endless pools and Japanese soaking tubs, VIDA delivers the goods.

If you are interested in working out a a VIDA Fitness Center, what could be better than living near one of these…

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