Mixed-Use Condo Project at 1115 H St. NE in Washington, DC Nears Completion
Urban Pace Now Selling 16 “Starter” Condos
Washington, DC, January 5, 2015 – With a new streetcar service running along the bustling H Street corridor in Washington, DC, residents will soon be moving into 16 newly constructed condominium homes at 1115 H Street, NE. Wall Development is nearing completion of its five-story mixed-use development on the site of a former Woolworth store. Urban Pace, the city’s leading condominium sales and marketing firm, has begun taking reservations from prospective buyers.
1115H is designed to achieve LEED Platinum certification from the US Green Building Council. Its energy-efficient and environmentally friendly features will include a green roof, triple-glazed windows, wiring for potential electric car charging stations, covered bicycle storage, and a one-year “transit package” for new residents. Square 134 of Washington, DC is the project architect.
“The new condos at 1115H will offer more District residents the opportunity to purchase their own homes in the hip H Street corridor for less than the cost of renting comparably sized apartments in many DC neighborhoods,” said Lynn Hackney, President of Urban Pace. “Living in a green building that’s located in a transit corridor will help residents save money on transportation and utility costs, while they enjoy the shopping, dining, and entertainment options available all along H Street.”
Developer Stan Wall explained that condominiums are the perfect use for the 16,000 square foot building, which will include have about 3,000 square feet of ground-level retail space. Homes at 1115H will be priced from the mid $300,000’s.
Since breaking ground last year, Wall has worked with the nearby Phelps Architecture, Construction, and Engineering High School, inviting students to conceptualize their own designs for the site. “The students did an amazing job with this assignment,” said Wall. “One I liked, for example, created an interior arcade with retail kiosks.” Wall said he plans to continue working with the school beyond project completion to help generate student interest in pursuing careers in architecture, construction, and engineering.
H Street has undergone rapid revitalization over the last decade. Popular destinations include the refurbished Atlas Theater, Rock and Roll Hotel, Toki Underground, Smith Commons, H Street Country Club, Boundary Road, the original Taylor Gourmet location, and many more. The crowning touch for this resurgence will be Washington’s first streetcar service in more than 50 years, running along H Street between and Benning Road, NE, terminating at Union Station on the western end.
About Urban Pace: Urban Pace, LLC is a privately owned company that provides marketing, sales, and advisory services to real estate developers specializing in condominium and mulit-family developments. Founded in 2001 by Lynn Hackney, Urban Pace has worked on more than five million square feet of property and over 5,000 units. For more information, please visit www.urbanpace.com or call 202.296.1203. Follow Urban Pace on Facebook, (www.facebook.com/urbanpace) and Twitter (https://twitter.com/urbanpace).