Last last week the sales team at
Velocity began contacting residents-to-be with the news that they are planning to begin settlements on units in the building on Sept. 21 (unless issues crop up), and also will be moving the sales center into the building itself on Sept. 1 (there will also be three additional model units opened, on the 10th floor where the current model unit is, too).
The 200-unit building is still less than half sold, which is deduced from learning that the sales people are advising reservation holders who are planning to get an FHA or VA loan or who are making less than a 20-percent downpayment that it will be extremely difficult to find a mortgage lender until the building is 51 percent sold. Construction on Velocity began in Spring 2007, and the sales center opened that Fall.
Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and 
