Urban Pace Promotes Rapid Sale of Capitol Hill Condos in 60 Days
(Washington, DC—February 12, 2018) Urban Pace has completed a rapid 60-day sellout of Eleven15th, a ten-unit development of new condominiums on Capitol Hill by Lock 7 Development. Converted from a six-unit apartment building at 11 15th Street, NE, the new boutique one- and two- bedroom residences in Washington’s Lincoln Park neighborhood ranging from 550-750 square feet were priced between the mid-$300,000s and low $500,000s with the top floor condo boasting a private rooftop with city and monument views.
Eleven15th features an eclectic mix of features and finishes including hardwood flooring, oversized energy efficient Pella windows and custom Elfa closets; quartz countertops, subway tile backsplash and gas cooking in the kitchen area; and white floating vanities, patterned floor tile and dual flush toilets in the master bath.
“Given the extremely fast pace of sales for these new condos, we are eagerly anticipating the delivery of another Lock 7 Development project in D.C.’s Atlas District. Bordering the popular H Street Corridor, The Collins is likely to follow Eleven15th in exhibiting very high demand for luxury living in a dynamic urban neighborhood,” said Matt Dewey, President of Urban Pace.
Urban Pace and Lock 7 Development will present The Collins, at 1344 Maryland Ave., NE, in the spring of this year with the former handling marketing and sales for the condominium project. The property will feature eight one-bedroom, one-bedroom/den and two-bedroom units spanning the building’s four floors. Starting in the mid-$300,000s, units will include such features as private outdoor space including roof deck on select residences.
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 200 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.