NoMa Condominium Reaches “Topping Out” Construction Milestone
(Washington, DC—October 21, 2020) Residential real estate development advisor Urban Pace celebrated the opening of a final phase of construction with the pouring of the penthouse units at Washington’s premier condominium community Tribeca. The “topping out” event coincided with the start of sales and first contracts for 99 units created by the partnership of UIP, Kadida Development, Alliance Real Estate Development, United Investment and Promanas.
“This construction milestone moves us closer to delivery of a preeminent residential property that offers homeowners distinction and luxury in one of Washington’s fastest growing and in-demand neighborhoods,” said Matt Dewey, COO of Urban Pace. “Off to a swift sales pace, we are certain this project will be a huge success bringing exactly what homebuyers have been looking for in Washington, DC,” Dewey said.
Located near the corner of New York Avenue and 1st Street NE, Tribeca was named to reflect both its location on a triangular plot of land near New York Avenue and a contemporary brick exterior that harkens to a New York style. Tribeca is further distinguished by chic interior amenities, including kitchens with both European and contemporary flair, entrances with warm wood finishes, and state-of-the-art technology. Prices for a wide variety of units, including the largest one-bedrooms in NoMa, one + dens, two-bedrooms and several “Capitol View” penthouse floor plans, start in the upper $400s.
The new 13-story residential landmark includes a fitness center, a residents-only rooftop loungeleading out to the rooftop with skyline views, lounge seating, fire pit and an oasis of green designed by award-winning landscape architect Parker Rodriguez. Tribeca also gives residents easy access to NoMa’s most popular nightspots and dining, the NoMa/Gallaudet U Metro Station and nearby retailers that include Trader Joe’s, Harris Teeter, Starbucks, REI and Peet’s Coffee.
About Urban Pace
Urban Pace is the Mid-Atlantic leader in development real estate services including marketing, sales, leasing and advisory. As a Christie’s affiliate, we are the only firm with luxury and global reach. Founded in 2001, our team is the experienced authority having worked on more than 275 communities from large master planned sites to urban boutique buildings. We specialize in condominiums, townhomes, apartments and new construction sites across all price points. Combining our strategic approach and proprietary technology, UP Velocity™, we have a track record of driving traffic and revenue with extraordinary results. As part of a billion-dollar entity, The Long and Foster Companies, we have unmatched resources with a network of 11,000 agents and a dedicated Asia Pacific team.