Urban Pace Sells Out Boutique Condominium Project in DC’s Takoma Neighborhood
(Washington, DC—September 6, 2018) Urban Pace, a recognized leader in residential real estate development services and placemaking, has recently sold out The Delaney, a new boutique condominium development in the historic Takoma neighborhood of Washington, DC. Developed by PT Blooms, the development at 7101 Georgia Avenue NW combines modern architecture with community history in an increasingly popular and exciting DC neighborhood.
“With its thoughtful unit layouts, copious storage, natural light, and outdoor space, The Delaney is an irresistible opportunity that will also represent a strong investment as the nearby Walter Reed redevelopment district takes shape,” said Matt Dewey, Chief Operating Officer of Urban Pace. “We were able to bring the attributes of this dynamic neighborhood to a wide audience and add The Delaney to the Urban Pace portfolio of properties that have achieved rapid sales at record-breaking price points.”
Steps from both the upcoming The Parks at Walter Reed development and the Takoma Metro station, and within easy reach of Shepherd Park and downtown Silver Spring, The Delaney’s nine residences include two penthouses with private roof decks. Residents of all units enjoy energy efficient living with such features as floor-to-ceiling windows for ample natural light, Energy Star rated appliances, LED lighting, and Nest thermostats.
Due to its recent success in the neighborhood, Maedwell Residential also selected Urban Pace to handle the sales and marketing for their condominium project, Shepherd Park, located just two blocks from The Delaney. Since taking over sales at Shepherd Park, Urban Pace has sold more than 75% of the units in less than one month.
Across the street from both of these new developments, construction will begin soon for The Parks at Walter Reed giving residents easy access to arts and cultural space, 20 acres of open space and multiple retail options. Just minutes away, Rock Creek Park offers a peaceful refuge from a fast-paced urban lifestyle. Urban Pace is excited to be working on the residential sales for this historic project and is excited to continue its success in the neighborhood.
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 250 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.