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Savoy’s jazz-styled condos near Nats stadium
Question of the Day
Affordability and style are coming together at Savoy Court, a condominium conversion project across
the Anacostia River from the new Washington Nationals baseball stadium.
Building Partnerships LLC is renovating a 60-year-old, 62-unit apartment building at 210 Oakwood St. SE, which originally served as off-base military housing for Bolling Air Force Base.
Building on the art deco style of the residence, the developer has created a jazz-themed decorating scheme. Art deco architectural features are being added to the entryways and hallways, which will be lined with photographs of famous jazz musicians. The name “Savoy Court” comes from jazz musicians Charlie Parker and Dizzy Gillespie’s record label, Savoy.
Bob Aramony, a partner with Building Partnerships LLC, says several developers, including his company, have been working east of the Anacostia for several years to develop new affordable housing with such elements as hardwood flooring, granite counters and other upscale amenities.
Now, at Savoy Court, these elements have been expanded with new community amenities such as landscaped courtyard with a patio, a trellis, flowering trees and a pergola.
The rooftop deck has river views, as well as views of downtown Washington. Also on the roof are seating, plants and gas grills for the residents.
What once was the boiler room in the basement is being converted into an exercise room with flat-screen televisions, mirrors and exercise equipment.
The development also includes a bike room, storage bins for each unit and a community room. Security cameras are being installed to add to the safety of residents. Some garage parking spaces are available.
Developers at Savoy Court are replacing all the plumbing, heating and cooling systems, appliances, bath fixtures and flooring. Interior walls are being knocked out in each unit to enlarge the kitchen area.
While all of these improvements sound costly, Savoy Court’s one-bedroom homes are available for a base price of $162,900 and up. Monthly condominium fees are $220 to $390.
About 25 percent of the new condominiums are designated to be affordable to buyers earning 60 percent or less of the area median income. Eight homes will be sold at less than half the market price to former apartment tenants, and eight more homes will be subsidized by the developer for sale to buyers in the Manna Inc. Homebuyers Club.
Manna, a nonprofit housing agency, educates and prepares Homebuyers Club families for the financial and maintenance responsibilities of homeownership.
The subsidies are a hit with patients who don't exist
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