Kamis, 15 November 2012

Bozzuto to Begin 460 NY Ave. This Winter

Image: WDG website

Work on a 63-unit condominium building at the corner of L Street and New York Avenue NW, will begin in the first quarter of 2013, a representative with Bozzuto Development Company told DCMudWDG Architecture's design for the building adds an 8-story, contemporary structure directly on top of the existing warehouse.

According to Lauren McDonald, Bozzuto is in the process of applying for permits to start building the 11-story structure at 460 New York Avenue and anticipates completing the building in the spring or summer of 2014.   The condominium building, built on a small 9,059 square foot lot in the fast-growing Mount Vernon Triangle, will add more density to a neighborhood that, until the last five years, was landscaped by mostly parking lots and warehouses.  The new building will face the Safeway in the CityVista condominium building, which opened in 2007, and back up against The Meridian apartment building.

Image: WDG website
An existing three-story warehouse, dating to 1902 and vacant for years, will be preserved and incorporated into the condo, a change from earlier demolition plans, will be preserved and incorporated into the condo as an adaptive re-use of the structure.  Original plans released in 2010 called for relocation of the three-story structure, but that same year Bozzuto asked for a two-year delay on beginning construction.  Bozzuto then changed plans, reducing the size of the building from 13 stories and 86 units to 11 stories and 63 units.

Image: WDG website

The latest incarnation of the project includes 36 parking spaces accessed via a mechanical lift that will hoist cars up to be stored suspended vertically over each other to save space.   The building's design, in line with a developer trend toward building smaller units, will feature 63 "studio, one, and one bedroom/den units," according to a project architect description on its website.  Plans emphasize "efficient design", amenities like large common areas, large windows, and balconies, and the "unmet demand from smaller households for stylish but economical living," according to WDG.

Washington D.C. real estate development news

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