DC Real Insight is a blog that comments on real estate, development, and community activities in the DC, Northern Virginia, and Maryland areas to help keep you up to date.
Wednesday, July 6, 2011
New condo building proposed for the corner of 15th and V Street, NW
Jair Lynch Development Partners, developer of Solea Condominium just a few blocks away, is proposing a 95-unit, 9-story residential building at the corner of 15th and V Street NW. The building, designed by WDG Architecture PLLC, is proposed on a portion of the existing parking lot for the Paul Lawrence Dunbar Apartment Complex which is home to affordable housing for senior citizens.
As part of the project, the developer will also be upgrading the exisiting Paul Lawrence Dunbar Apartment Complex with new kitchens, elevators, etc. Also, a new common area park will be created between the two buildings.
Some other quick facts at a glance:
Units 95 condos
Affordable housing 9 in new building (normally 8%)
90 feet high
Parking will be incorporated underground for 48 spaces and an expanded parking lot for the apartments which are currently 21 will be increased to 30