Tagged : capitol hill

Found 91 blog entries tagged as "capitol hill".

Capitol Hill Luxury New Construction

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Reminiscent of a late night Billy Mays price slashing infomercial, luxury Capitol Hill development Congressional Overlook has cut prices to the bone to move the remaining inventory.  With a location directly across the street from Congressional Office Buildings and two blocks from the Capitol, this location is residential gold for DC power brokers.

The recent price cuts for the remaining Congressional Overlook units are among the most aggressive that I have seen recently in the DC luxury new construction market. Can anyone remember a 58% reduction in asking price?

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All three of these units are multi-level, the A units are lower level and the B units are uppers.  Here is a resource to view the active listings

4,098 Views, 0 Comments

3.5% Down Opportunities in DC's Capitol Hill Neighborhood

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DC condo buyers can qualify for 3.5% down mortgages at FHA approved buildings.  This represents a major savings over the 20% of more down payments required for condos with conventional financing.

The FHA maintains a website with a list of FHA approved projects.  We have extrapolated that list for the Capitol Hill neighborhood and offer one-click access to all the available MLS listings in an FHA approved building.  If the Capitol Hill isn't your neighborhood of choice, check back as we will be highlighting FHA approved buildings in other neighborhoods over the next several days.

The FHA approval list changes routinely, these are selected Capitol Hill FHA approved developments at the time of this

5,142 Views, 0 Comments

Anchoring H Street Corridor Redevelopment

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Sitting at the foot of the the Hopscotch Bridge on H Street NE is the Landmark Lofts at Senate Square development.  This 44-unit loft-style project is a great opening act in the redevelopment of the H Street Corridor.   Unfortunately, the housing downtown and the tightening of the capitol markets has stalled several other residential projects that were planned for the H Street Corridor.

Abdo Development has masterfully reworked the 130 year-old DC Children's Museum into an architecturally exciting and unique development.  There is nothing cookie-cutter about Landmark Lofts as each unit has its own unique floor plan.  Finishes include Wolf and Sub-Zero Appliances, hardwood floors, vaulted ceilings, custom baths

9,137 Views, 1 Comment

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EYA has a twenty-year track record of building townhomes in the Metropolitan Washington, DC area.  The firm has been recognized over the years with numerous awards for their unique and innovative projects.

In the District, EYA was tackled substantial urban infill projects that have proven to be neighborhood defining projects.  Currently, EYA is building out Capitol Quarter in the Capitol Riverfront District.  This community of 208 townhomes along seven city blocks is the nation's largest LEED for Homes community. Phase I of this project sold out quickly and Phase II will go on sale during the summer of 2010.

EYA redeveloped the old Children's Hospital property in the U Street Corridor into Harrison Square Townhomes.  This popular 98 unit project has

5,958 Views, 1 Comment

The West End and Capitol Hill Have Top Luxury Sales

2501_penn_400The most expensive condo to sell in the District during April 2010 was in The West End at the 2501 Penn, located at 2501 Pennsylvania Avenue #2A, Washington, DC.  This new construction condo was completed in 2009 and is 2,732 SF and features 2 BR / 2.5 BA.  The selling price was $2.185M / $800 SF.

Congratulations to selling Realtor Anne Blakeman of Urban Pace for closing the most expensive condo sale in the District in April 2010.

Honorable mcongressional_overlook_front_400ention for the 2nd most expensive DC condo sold in April 2010 was on Capitol Hill at Congressional Overlook, located at 23 D St, #23B SE Washington, DC. This new construction condo features 2 BR / 2.5 BA. The selling price was $1.9M.

Congratulations to selling

3,056 Views, 4 Comments


Re-development of Obsolete Buildings Drives Market

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The Capitol Hill neighborhood of Washington, DC is home to several developments offering loft-style condos.  The predominant style of these lofts is units in redeveloped obsolete buildings including schools, a church and phone company facility. 

In most cases these are not true SoHo-style industrial conversions made famous by loft scenes in movies like Flashdance, Fatal Attraction, Big Daddy or Unfaithful.  Lofts in DC tend to be "soft lofts" with many of the features of an industrial loft including high window and ceilings, exposed ducts and open floor plans.  Where our loft inventory differs is with more defined living spaces such as closed off bedrooms  and bathrooms and significantly more

9,583 Views, 1 Comment


Court Yards, Parking and Security are Draws for DC Gated Communities

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A housing staple of the Sunbelt, there are only a handful of gated communities within the DC city limits.  Our dense, urban landscape with a limited availability of vacant land has curbed the development of gated communities.

The gated communities in the District are quite popular and geographically dispersed throughout the city.  Here are brief overviews of five DC gated communities:

Beekman Place - Adams Morgan

Perched on a high on a hill like a medieval castle, Beekman Place offers a commanding presence over the intersection 16th Street and Florida Avenue.  Beekman Place is situated on a parcel that formerly housed a castle built for Senator John Henderson.  Today the stone

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DC Condo Projects With Remaining Builder Inventory 

The article in Forbes about the DC economy rebounding the quickest in the US reaffirms what we are seeing the urban trenches of the DC condo market.  Well priced condos are basically flying off the shelves like iPods in the Apple store around the holidays.

With new construction projects grinding to a halt a couple of years ago, developer new construction inventory in the District is quickly being absorbed.  If you are interested in a new construction DC condo, here is a consolidated list sorted by neighborhood of projects with remaining inventory.  You can click thru to look at specific listings.

Capitol Hill: Butterfield House  Congressional Overlook  Jenkins Row  Landmark Lofts

Columbia

5,366 Views, 6 Comments


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The  District is home to several wonderful condo developments whose buildings had a prior life as a DC public school.  With very limited vacant land, height restrictions and an ever-growing demand for upscale lofty condos, these school conversions are a concept that works well in the District for both the city as well as the developer.  In other parts of the country, many old and underutilized school buildings end up on the losing end of an encounter with the wrecking ball.

Common attributes of DC schoolhouse conversion projects include high ceilings, over-sized windows, exposed brick and outdoor courtyard areas.  Many school conversion projects have taken advantage of the ceiling height to create a loft environment.

Schoolhouse conversion

28,380 Views, 5 Comments

 scott_brown_399Congratulations on an impressive victory in Massachusetts yesterday.  We hear you are gassing up the truck and heading this way real soon.  One of the big decisions you will need to make in the coming days is where to park the truck in the District.

As you are a man of the people from the very middle-class town of Wrentham, it would be tough to picture you being comfortable living somewhere like the Watergate complex in Foggy Bottom.  Although you are replacing Ted Kennedy in the Senate, I also suspect that you probably don't have the necessary scratch required to buy his place in Kalorama on Tracy Place.  Its too bad, as the pick-up would be an interesting contrast to the Beemers and Benzes that dominate this neighborhood.

As your seat is up for

9,410 Views, 4 Comments