Tagged : shaw

Sales should open soon at Perla, one of the newest mixed-use buildings planned for the Shaw neighborhood. The nine-story building will soon provide dozens of new condos and underground parking to the area. In addition, the new property brings in thousands of square feet or retail space, soon to be located on the ground floor of the building.

Previously the site of a prominent church, the cathedral closed its doors several years ago, eventually torn down to make room for developers to construct the new property. Located at 9th Street and O Street NW, this puts future residents within easy access of shopping, dining and entertainment offerings.

Meanwhile, options for new buyers will include either a one- or a two-bedroom condo, with most

As developers take aim at improving more and more DC communities, it should come as no surprise that the metro area is quickly becoming one of the most gentrified in the nation. In fact, according to newly released research from RENTCafé, an online rental listing service, Washington DC is near the top of the list when it comes to “The Nation’s Fastest Gentrifying Zip Codes”.

When looking at Zip Codes across the nation, analysts found that the 20001 Zip Code takes second on the list of the top 10 fastest-gentrifying Zip Codes in the US. Researchers looks at a total of 11,000 different Zip Codes in the years between 2000 and 2016, taking into account US Census Bureau data from 2000 and American Community Survey findings from 2016.

They were

Founded 150 years ago, Howard University has been part of the DC area for generations. As it continues its legacy as one of the nation’s top historically black colleges, the neighborhood around the campus is changing.

Once residing in a primarily working-class area of African American residents, an influx of new residents has begun to change the racial makeup of the neighborhood. The area is also changing visually.

Some of the older, more rundown properties that once existed within the community have since been replaced by new locations, including coffee shops and bike shares. The area’s also experienced a rise in property values over recent years.

Howard University is now trying to capitalize on some of those rising prices, leasing land it

The hip and urban Shaw neighborhood presents an inviting location, just two miles from the White House, packed with colorfully hued row houses along tree-line streets. Once a neighborhood that attracted many lower income residents, the neighborhood is currently being reborn with an array of new development.

As the neighborhood grows, so do home prices. In fact, the median home price in Shaw has quickly shot up, with some homes priced in the mid $100,000s just two decades ago now priced in the upper $700,000s. The neighborhood’s also seen the addition of new condos and a Metro station, plus an onslaught of new bakeries, trendy bars and coffee shops.

High-rent apartments now top upscale retailers, with new luxury development aimed at attracting

DC Condo Boutique team member Amir Taba represented the buyer of a condo located at 1316 S Street NW #A, Washington, DC 20010 in the Shaw neighborhood. This condo features 2 BR / 2 BA / 1,400 SF and closed on March 10th, 2017 for $690,000 / $493 SF. One parking space conveyed with this transaction.

This newly renovated condo features a completely done over kitchen and bathrooms, glistening hardwood floors and a bay window. This location in Shaw is just a block from all the action on the 14th Street Corridor and two blocks from the Metro.

The Calloway is a stunning new construction boutique condo building located on 6th Street in Shaw. This two-unit building offers, walls of glass, generous open floor plans and refined contemporary finishes.

The Penthouse:

• $1,199,000
• 3BR | 3.5BA
• Roughly 2,000 SF
• Parking
• Roof deck on two sides

Penthouse highlights: Glass exterior, multi level living, high square footage, entertainers dream, two top level roof decks separated by wet bar, powder room and seating area. 360 degree views from roof decks.

Unit 1:

• $899,000
• 3BR | 3BA
• Nearly 1,600 SF
• Two-level living

The Calloway Penthouse Photo Gallery

New Construction Opportunity, Please Inquire For Additional Information

The historic Shaw neighborhood in central DC, located between Florida and New Jersey Avenues and 11th and M Streets, NW, was once an inner city DC neighborhood but times have changed.  Shaw is thriving, thanks to young professional urbanites that are attracted to its stylish residential condo buildings, and its destination for restaurants, trendy retail shops, and art spaces on the ground floors.  DC’s food, music and nightlife are attracting Millennials to this energized neighborhood.  The U Street Corridor, the area’s main thoroughfare, is seeing a bright resurgence due in large part to a walkable urban lifestyle that resonates with 20-and 30-somethings who want to live and play in Shaw, and be able to walk to their jobs or hop on the Metro.   Two

Median sales prices for homes have escalated in the Shaw neighborhood by 17 percent in the last 12 months.  Shaw, located in the heart of DC in the northwest quadrant, has seen a spike in its average prices for condos, up from $586,000 to $743,000, a 27 percent growth.  The price of a 3-bedroom row home surged even higher---from $698,000 to $939,000, up 35 percent.  The Victorian architecture of the row houses, a very central location, and walking distance to a Metro Station (both the Shaw-Howard University and U Street on the Green Line), in addition to a booming DC real estate market are all contributing to Shaw’s popularity among newcomers to the area who are mostly young professionals.

It’s not just higher home prices in the Shaw residential area

Shaw is mostly a residential neighborhood with a friendly, independent upscale retail hub.  The northwest DC neighborhood of Shaw has taken off in the past few years and is evolving, attracting new residents who have moved into the area’s statuesque 19th century Victorian row homes, smaller federal-style row houses and new boutique condo buildings.  Shaw is a developing community of retail and commercial places to serve the newcomers as well as thriving multi-generations.  As the neighborhood is evolving, blocks are being transformed formerly represented by abandoned homes.  Shaw is served by two Metro stations---the Shaw-Howard University stop and the Mount Vernon Square/7th Street-Convention stop, both on the Yellow and Green Lines and by several bus

DC Condo Boutique team member Melanie Hayes represented the buyer of a condo located at 507 O Street #5, Washington, DC 20001 in DC’s Shaw neighborhood.  This penthouse condo features 2 BR / 2.5 BA / 1,834 SF of finished living space and closed on March 20, 2015 for $780,000 / $425 SF.   

This top-level condo offers an open floor-plan and two-level living.  Upscale appointments include 11 ft ceilings, two master suites and sunny rooms with multiple skylights.  This location in Shaw is within walking distance of the Metro, Whole Foods and one block from the O Street Market and Giant.