7 D.C.-Area Condo Projects Expected To Begin Sales In 2018
Prospective condo buyers looking for new D.C.-area units this year will have plenty of options. Roughly 1,700 condo units are expected to deliver across the D.C. Metro area in 2018, according to Delta Associates, up from 923 units last year. Using Delta's Q4 condo report as a guide, Bisnow took a look at seven new condo projects expected to start sales this year, spanning from Tysons to Shaw to Bethesda.
Verse at The Boro
- Developer: The Meridian Group, Kettler
- Neighborhood: Tysons
- Number of Units: 140
- Estimated Start of Sales: Q1
The for-sale multifamily component of The Boro, a 3.5M SF Tysons development, will include 140 condo units. Verse, as the condo building is branded, will have units ranging from 848 SF one-bedrooms to 2,772 SF three-bedrooms with a den. The building will feature amenities such as a 24/7 concierge in the lobby, a pet spa, a fitness studio, an outdoor pool and an entertainment lounge with an open kitchen, fireplaces, billiards and televisions. It will also have a one-acre outdoor lawn area with badminton, a movie screen, gas grills, a bar and fire pits. Verse will be part of the new mixed-use development that will boast the largest Whole Foods Market in the region and a Showplace Icon cinema. It is expected to start sales in the first quarter.
The Pacifica
- Developer: J Street Cos.
- Neighborhood: Dupont Circle
- Number of Units: 9
- Estimated Start of Sales: Q1
A nine-unit condo building is under development two blocks from Dupont Circle at 2122-2128 N St. NW. J Street Cos. acquired the property in June and launched the project, with financing from EagleBank and design from GTM Architects. The units will average 1,500 SF and will include hardwood and porcelain tile floors and stone countertops. The building will offer private parking for residences and a rooftop terrace. Sales are expected to begin this quarter and the building will deliver in early 2019.
The Shaw
- Developer: Monument Realty
- Neighborhood: Shaw
- Number of Units: 69
- Estimated Start of Sales: Spring
One block east of the Howard Theatre, an eight-story condo project is under construction fronting Shaw's Ellington Plaza. Monument Realty plans to begin sales this spring on the 69 condo units at the The Shaw. The development at 608 T St. NW will also feature 7,400 SF of retail. The one- and two-bedroom condos will have nine-foot ceilings, hardwood flooring and floor-to-ceiling windows looking out over the bustling neighborhood. The three penthouse units come with private outdoor rooftops, and the building will have a shared rooftop terrace with grill and lounge areas.
Avidian
- Developer: Monument Realty
- Neighborhood: Capitol Riverfront
- Number of Units: 171
- Estimated Start of Sales: Spring
Monument Realty's Capitol Rivefront project, recently branded as Avidian, will include 171 condo units. One block north of Nationals Park, the 14-story building at 1210 Van St. SE will offer several walk-up townhouses on the ground level, a mix of one-, two- and three-bedrooms throughout the building and six penthouse units with private terraces. The building's amenities will include a rooftop swimming pool with a kitchen, bar and fire pits, a fitness club, an outdoor garden, a pet spa and a bike storage facility. The project sits next to the office building Monument is constructing as the HQ for the National Association of Broadcasters. Monument plans to start sales in the spring in anticipation of its early 2019 delivery.
2000 Clarendon Blvd.
- Developer: Bush Cos.
- Neighborhood: Courthouse
- Number of Units: 90
- Estimated Start of Sales: April
A half-acre site at 2000 Clarendon Blvd. will soon be home to a 14-story condo tower. Bush Cos. got approval for the project in June 2016 and applied for building permits in March. The building will have 86 market-rate units, four affordable units and 1,900 SF of ground-floor retail. The developer told Delta Associates it plans to start sales in April.
Penn Eleven
- Developer: Perseus Realty
- Neighborhood: Capitol Hill
- Number of Units: 34
- Estimated Start of Sales: Q3
The site of Capitol Hill's iconic Frager's Hardware, which burned down in 2013, is undergoing a major redevelopment. Perseus Realty broke ground in May on a project to build 34 condos on the site with ground-floor retail, where Frager's will return later this year. The Penn Eleven condos at 1101 Pennsylvania Ave. SE will feature one-, two- and three-bedroom units ranging from 700 SF to 2K SF, expected to cost between $500K and $1M. Perseus is expected to launch sales in Q3 and residents will move in early next year.
Christ Lutheran Church of Bethesda
- Developer: Bush Construction Corp.
- Neighborhood: Bethesda
- Number of Units: 107
- Estimated Start of Sales: Q3
The Christ Lutheran Church of Bethesda and its nonprofit partner, Graceful Growing Together, are embarking on a major redevelopment of its property at 8011 Old Georgetown Road. The project will feature a nine-story, 107-unit condo building next to the Graceful Growing Together Center, a seven-story, 64K SF building that will include a worship center, child care space, nonprofit offices, a commercial kitchen and multipurpose space. The church is partnering with Bush Construction for the project and EagleBank provided financing.