Groundbreaking at 301 H Street NE is coming in just a few more months, says Victor Valentine, sales and marketing manager at Capital City Real Estate. The 24,000-square-foot mixed-use building will be made up of 25 condominium units with 3,000 square feet of retail space on the ground level.
"We’re excited to be a part of the H Street revitalization and all that is happening down there," says Valentine. "This building is for people who love D.C. and who want to be a part of that revitalization."
The six-story building, which replaces a liquor store on the property, will have one and two-bedroom units, with two-bedroom penthouses, going for sale at anywhere from $300,000 to $600,000. There will be five units per floor and all units will have balconies, except the penthouses, which will have private rooftop terraces instead. Four condos will be set aside as affordable housing units.
Sales have not yet begun on the units, but Valentine expects a pre-sale arrangement to occur well before completion—anticipated for early spring 2014.
Plans also call for eight parking spaces and at least 15 feet of rear yard space. Architect Norman Smith has been tapped for the design, which will be very much in line with CCRE's
1700 Euclid Street project and 751 P Street NW, "modern with a lot of natural light," Valentine says.
Work is almost complete across the street at the building bringing a Giant supermarket and apartments for rent—projected to open on May 3, says Valentine. Also across the street, on 3rd Street, cyclists will also find their Bikeshare spaces that once stood at the 301 H Street address.
A presentation at the recent Advisory Neighborhood Committee 6C meeting showed plans for the new building and announced the project is now in the permitting stage, UrbanTurf
reported.
H Street continues to see a total transformation and revitalization with new condominium buildings like 301 and Valor Development’s
The Maia, and The Station and Firehouse at 525 9th St. NE.