News

News

Sep
30
2014

New Condos in Restored 1795 Capitol Hill Mansion Near Completion

For immediate release News media contact: Leslie Braunstein
(202) 656-0542
info@lhbcommunications.com

New Condos in Restored 1795 Capitol Hill Mansion Near Completion

Urban Pace Presells 70% of The Maples at Record Prices

Washington, DC, September 30, 2014 – One of the oldest structures in Washington, DC
is close to becoming the city’s newest condominium residence. The Maples’ 19 unique
homes, located just steps from historic Eastern Market in the heart of Capitol Hill, are
scheduled to deliver by the end of the year. Urban Pace, Washington’s leading condo
sales and marketing firm, already has presold 70 percent of the project at an average of
$725 per square foot – some $200/SF higher than expected, setting a neighborhood
record.

Altus Realty Partners has been working on the site at 619 D Street, SE since acquiring
it in 2010. The original brick manor house was built in 1795-97 by William Mayne
Duncanson, who sought to expand the East India Company trade to Washington via the
Anacostia River. The wealthy Englishman entertained George Washington, Thomas
Jefferson, and other leaders of the day. A subsequent owner of the property was
Francis Scott Key.

After preserving and restoring the home’s historic Georgian façade and supporting its
foundation with a new underground parking garage, Altus has transformed the main
house, former stables, and later additions – a total of six distinct buildings — into a cozy
community of flats and duplexes. Nearly all of these modern residences feature distinct
floor plans and separate entrances. Many of the homes have direct elevator access to
the new underground parking garage. The community also includes three newly built
townhomes, each with four to five bedrooms, which frame the entrance to the restored
manor house.

“Families with children, empty nesters, and young professionals all want to live on
Capitol Hill,” remarked Lynn Hackney, President of Urban Pace. “The Maples has great
pedestrian access to Eastern Market, Barracks Row, Metro, the new Anacostia
riverfront park, Nationals Park, and more.” Among the many nearby restaurants and
entertainment venues on Barracks Row is the wildly popular Rose’s Luxury, named the
best new restaurant in the United States by Bon Appetit magazine.
The Maples condominium residences feature white oak flooring, quartz countertops and
white glass backsplashes, stainless steel Jenn-Air professional kitchen appliances,
Waterworks bath fixtures, Spanish linen textured bathroom wall tile, custom cabinetry,
and recessed lighting. The new townhomes have luxury finishes such as large-format
Spanish porcelain floor tile, Carrera bath tile, and solid walnut hardwood flooring. For
more information, visit http://themaplescapitolhill.com.

About Urban Pace: Urban Pace, LLC is a privately owned company that provides
marketing, sales, and consulting services exclusively to developers of residential and
commercial real estate. Founded in 2001 by Lynn Hackney, Urban Pace has worked on
more than four million square feet of property. For more information, please visit
www.urbanpace.com or call 202.841.2439. Follow Urban Pace on Facebook,
(www.facebook.com/urbanpace), Twitter (https://twitter.com/urbanpace), and YouTube.
Altus Realty Partners (www.altusre.com) was formed to provide private and
institutional investors in the mid-Atlantic and particularly in the Washington, D.C.
metropolitan real estate markets with an operating and investment partner that can
manage complex acquisitions, identify and realize development opportunities, and
provide long-term stewardship of partners’ interests.
– See more at: http://www.urbanpace.com/news/new-condos-restored-1795-capitol-hillmansion-
near-completion#sthash.zqJSxtJn.dpuf