Monday, April 2, 2012

24-Unit Residential Project Planned for 435 R Street, NW

Project rendering
(click to enlarge)

Local developer Community Three has announced plans to construct a 24-unit residential building at 435 R Street, NW.  The site (pictured below) currently consists of a one-story building, which formerly housed a dry cleaner, and two vacant lots.  The current one-story building will be demolished and the site will be environmentally remediated before construction begins.

Unit sizes are expected to be between 500 and 800 square feet, with prices in the $250,000 to $350,000 range.  Six parking spaces will be included in the rear of the building. Because of the environmental remediation issues, it is expected to be two years before the project is delivered.

Community Three has developed other projects in the Shaw community, including The Nine in Naylor Court and the M Street Flats at 444 M Street, NW.

Community Three will provide additional information on the planned project at this week's ANC 2C meeting.

The project site includes the one-story building to the right
and the fenced-in area to the left.