- The Washington Times - Wednesday, May 31, 2006

With cranes and construction sites dotting the Washington skyline, it might seem that new condominium projects and apartment conversions are taking over the city.

That impression is borne out in statistics issued by the Greater Capital Area Association of Realtors (GCAAR) in April. The data, obtained from the Metropolitan Regional Information Systems Inc. (MRIS), shows 704 condominiums, including resale condominiums, being placed on the market in April 2006 — a 31.6 percent increase over April 2005.

Active condominium and co-op listings in the District rose by 283 percent from April 2005 to April 2006, up to 1,443 condominiums on the market.

The range of condominiums and co-ops on the market improves the opportunity for buyers to find the home they are looking for, and those buyers seem to be taking their time about choosing a home and making an offer.

Contracts are down by 18.4 percent from April 2005 to April 2006, and settlements are down during that same period by 9.9 percent.

Although condominium buyers search all over the District, this article focuses on the many new construction projects in Northwest Washington, which are changing the look of neighborhoods from Columbia Heights to Mount Vernon Square to Shaw and Logan Circle.

Columbia Heights

Metro Properties Inc. has developed the Allegro, a new condominium with 300 homes on 14th Street near Monroe Street, within easy access of the Columbia Heights Metro station, a Giant Food store, the revitalized Tivoli Theater and the shopping center known as DC USA, which will include Target, Best Buy, Washington Sports Club and Bed, Bath and Beyond.

One-bedroom homes are priced from the upper $200,000s, one-bedroom homes with a den start at $379,900 and a two-bedroom home starts in the $450,000s.

Two-level penthouse homes with private terraces are also available.

Monthly condominium fees range from $212 to $326.

The development includes a private fitness center, wireless Internet lounge and landscaped courtyards. The condominiums include maple flooring, ceramic tile baths, a plasma television, 9-foot ceilings, a bay window or balcony, structured wiring and a kitchen with 42-inch maple cabinets and stainless steel appliances.

Call 202/722-7228 or visit www.AllegroSpaces.com.

The Non-Profit Community Development Corp. of Washington, D.C. Inc. (NPCDC) and SIGAL Construction Corp. worked together to build the Lofts at Columbia Heights at 2750 14th St. NW, where the affordable housing units have been sold to District firefighters, police officers and teachers.

This new high-rise is within two blocks of the Columbia Heights Metro station. The market-rate homes are now on the market, and the builder is offering free condominium fees for two years for buyers using their designated lender.

Some homes instead will include an incentive of a free lease for a Mercedes for two years or $10,000 cash, again with the use of the designated lender.

These two-and three-bedroom condominiums include fireplaces, Jenn-Air appliances, pecan hardwood flooring and whirlpool jets.

The two-bedroom homes, which have two master suites on either side of the living areas, are priced from $469,900. Homes with two master suites and a den are priced from $574,900, and three-bedroom homes are priced from $687,500.

Condominium fees range from $449 to $512 per month.

Call 202/745-0033 or visit www.loftsofcolumbiaheights.com.

Torti Gallas and Partners Inc. designed both Kenyon Square and Highland Park, two new condominiums under development by Donatelli Development Co. next to the Columbia Heights Metro station.

Highland Park, located at 14th and Irving streets, is about 40 percent sold out. This building includes retail shops on the first floor and up to 60 floor plans within the 229 homes.

Highland Park has underground parking, a patio, a lounge and a billiard room. The homes have structured wiring, hardwood flooring, stainless steel appliances, 9-foot ceilings and a washer and dryer. Some include a balcony or terrace.

The homes are priced from the upper $200,000s to the $300,000s for a one-bedroom home, from the low $500,000s for a two-bedroom, two-bath home and from the $500,000s for a two-level home with a loft.

Condominium fees average $450 per month.

Call 202/332-2000 or visit www.highlandparkdc.com.

Kenyon Square, also at 14th and Irving streets, is 75 percent sold out, with just the top two floors still available for sale. This development includes views of the National Cathedral, the monuments along the Mall and the Shrine of the Immaculate Conception.

The building includes a lounge, a great room, a library, underground parking, a 24-hour front desk, a business center and a party room. Inside, the homes have stainless steel appliances, a washer and dryer, 9-foot ceilings, ceramic tile baths and structured wiring packages with high-speed Internet access. Some of the homes include a balcony.

The one-bedroom homes are priced from the $300,000s, the one-bedroom homes with a den from the $400,000s, and the two-bedroom homes from the $500,000s. Some two-level homes with lofts are available, priced from the upper $500,000s.

Condominium fees average $450 per month.

Call 202/332-6477 or visit www.kenyonsquare.com.

Mount Vernon Sq./ Mass. Avenue

Quadrangle Development Corp. and the Wilkes Co. have developed Madrigal Lofts as part of Mount Vernon Place at Fourth and I streets Northwest.

The lofts include 10-foot ceilings, hardwood flooring, ceramic tile baths and upgraded kitchens with granite counters and stainless steel appliances. Some 79 homes are still available out of the 259 total homes in this building.

The one-bedroom homes are priced from $355,000, the one-bedroom homes with a den from the $400,000s, two-bedroom homes from $455,000 and two-bedroom homes with a den from $760,000.

Monthly condominium fees are $350 for a one-bedroom, $360 for a one-bedroom with a den, $450 for a two-bedroom home and $650 for a two-bedroom home with a den.

Call 202/408-0007 or visit www.madrigallofts.com.

Ten Ten Mass, a joint project of RCP Development and Citigroup Property Investors, occupies the corner of 11th Street and Massachusetts Avenue Northwest, adjacent to the dramatic contemporary-style Cato Institute building and across the street from the Victorian-style Morrison Clark Inn.

Amenities in this new high rise include retail shops on the ground level, secure underground parking, a 24-hour front desk, floor-to-ceiling windows, hardwood flooring, a rooftop swimming pool and a location within walking distance of several Metro stops.

Prices range from the low $300,000s to more than $1,000,000, with monthly condominium fees ranging from over $200 to over $500. Call 202/682-0202 or visit www.ten tenmass.com.

At the Yale Steam Laundry at Fourth Street and New York Avenue Northwest, IBG Partners has developed one- and two-bedroom loft-style homes with large windows.

The community includes garage parking, a rooftop swimming pool, a fitness center and a billiard lounge. Each home has hardwood flooring, multimedia wiring, a washer and dryer, ceramic tile flooring in the kitchen and baths and an open kitchen with granite counters and stainless steel appliances.

The homes are priced from the mid-$250,000s to the upper $600,000s, with monthly condominium fees ranging from over $200 to more than $500.

Call 202/628-0460 or visit www.yalelofts.com.

At the Dumont, Massachusetts Avenue and Fourth Street Northwest, condominiums are available in a high-rise building with a rooftop swimming pool surrounded by gardens, a fitness center, underground parking and additional storage space. The developer is Broadway 401 and Broadway Mass Associates.

Inside, the homes have 9-foot-high ceilings, hardwood flooring, a full-size washer and dryer, walk-in closets, high-speed Internet access and upgraded kitchens with granite counters and stainless steel appliances. Some of the homes include balconies.

The homes are priced from the mid-$200,000s to more than $1,000,000, with monthly condominium fees ranging from over $200 to more than $500.

Call 202/898-0800 or visit www.DumontCondos.com.

At the Whitman at Mount Vernon Metro, developed by Faison at 910 M St. NW, one- and two-level homes are available.

The development includes a rooftop swimming pool, a fitness room, a billiards room and garage parking.

Inside, the homes have hardwood flooring in the living areas, ceramic tile baths, a full-size stacked washer and dryer, and an upgraded kitchen with granite counters and stainless steel appliances.

The homes are priced from the upper $300,000s to more than $1,000,000, with monthly condominium fees ranging from more than $200 to more than $500.

Call 202/682-5955 or visit www.thewhitman.com.

U Street Corridor

On the corner of 14th Street and Florida Avenue Northwest, Level 2 Development LLC and Centrum Properties Inc. of Chicago are constructing View 14, a nine-story mixed-use project with about 170 condominiums, street-level retail shops and below-grade parking.

The homes will have city views from the building’s hilltop location, with floor-to-ceiling windows, angled bay windows, balconies and terraces to make the most of them.

Residents can also enjoy an on-site study, a Zen garden and an observation deck.

Sales are anticipated to begin in late June.

Condominium prices have not been determined, and home prices are expected to range from the mid-$200,000s to the mid-$900,000s.

Call 202/387-1110 or visit www.level2development.com.

Urban Land Co., a real estate sales office that handles new construction projects, represents the Floridian on Florida Avenue near the corner of Ninth and U streets Northwest.

Ground has been broken and the homes are 50 percent sold in this high-rise, which has studio homes from the low $200,000s, one-bedroom homes from the $400,000s and two-bedroom homes for slightly less than $500,000.

A few larger two-bedroom homes with lofts are priced in the upper $700,000s to the $800,000s.

Condominium fees range from $300 to $450 per month.

Many of these homes look down Vermont Avenue to the White House, and the building, located near the U Street Metro stop, also includes two levels of underground parking.

Call 202/299-9923 or visit www.urbanlandcompany.com.

Urban Realty Advisors LLC is building studio, one-bedroom and two-bedroom homes, some with a den, at Parker Flats at Gage School at 2035 Second St. NW in the Bloomingdale section, within walking distance of the U Street Metro station.

The homes include structured wiring, hardwood flooring and kitchens with granite counters, stainless steel appliances and maple counters.

The building includes a landscaped courtyard and a fitness room.

The homes are priced from the mid-$200,000s to the $500,000s, with monthly condominium fees ranging from more than $200 to more than $500.

Visit www.parkerflats.com.

Shaw

Urban Land Co. also handles sales for the Monique, a new building of 12 one- and two-bedroom homes in the heart of Shaw at Fifth and R streets Northwest.

Sales will begin soon at the Monique, with condominium fees yet to be determined.

The one-bedroom homes are expected to be priced in the mid-$300,000s, with two-bedroom homes starting in the $400,000s.

Call 202/299-9923 or visit www.urbanlandcompany.com.

Logan Circle

In the Logan Circle area at Logan Station, near Vermont Avenue and R Street Northwest, Bogdan Builders Inc. is selling studio, one-bedroom and two-bedroom homes, some including a den.

The building includes underground parking, 10-foot ceilings, hardwood flooring in the living areas, ceramic tile flooring in the baths and stainless steel appliances in the kitchen. Each home comes with a flat-panel television.

The studios are priced from the mid- to upper $200,000s, one-bedroom homes from the mid-$300,000s to the low $400,000s, one-bedrooms with a den are priced from the mid-$400,000s and two-bedrooms are priced in the $500,000s, with two-bedroom homes including a den priced from the mid-$600,000s to the mid-$700,000s. A penthouse home is priced at more than $1,000,000.

Monthly condominium fees range from about $150 to $450.

Call 202/265-0668 or visit www.loganstationcondo.com.

Holladay Construction LLC is building the Matrix, a collection of lofts and flat condominiums at 1529 14th St. NW. The building will include retail shops on the first floor, and each home will include hardwood flooring, 9- to 11-foot ceilings, large windows, ceramic tile flooring in the baths, a full-size washer and dryer, track and recessed lighting and an upgraded kitchen with granite counters and stainless steel appliances.

The homes are priced from the low $300,000s to the upper $700,000s, with monthly condominium fees ranging

from more than $200 to more than $500.

Call 202/462-0191 or visit www.matrixcondo.com.

At Logan Row at 1425 11th St. NW, Ellis Denning has developed one- and two-bedroom homes, including some two-level models. The homes share a rooftop deck, with penthouse units enjoying private rooftop decks. The homes are base priced from the upper $200,000s to the upper $500,000s, with monthly condominium fees ranging from more than $200 to more than $500.

Call 202/575-1160 or visit www.loganrow.com.

At the Fennessy Lofts at 1209 13th St. NW, two-story condominiums have been developed by Ellis Denning Construction LLC and Holland & Knight.

The homes have kitchens with granite counters and stainless steel appliances, ceramic tile baths, a powder room and wiring for digital cable and Internet access.

The one- and two-bedroom homes are priced from the mid-$300,000s to the upper $700,000s, with monthly condominium fees ranging from more than $200 to more than $500. Call 202/575-0522 or visit www.fennessylofts.com.

Adams Morgan

Castle Development is building 23 one- and two-bedroom condominium homes at Kalorama Court at 2412 17th St. NW. Each home has a kitchen with maple cabinets, stainless steel appliances and stone counters, plus hardwood flooring, Category Five wiring and an individual security system in addition to the building security.

The homes are priced from the mid-$300,000s to the mid-$500,000s, with monthly condominium fees ranging from more than $200 to more than $500.

Call 202/744-7907 or visit www.KaloramaCourt.com.


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