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Just out from the Foundry Lofts Facebook page, a note saying "Mark your calendars Foundry Lofts fans! Pre-leasing starts August 15th, and we'll be opening this October!"
This is the old Pattern Joiner Shop on the southeast corner of 3rd and Tingey in the Yards, behind the US Department of Transportation building and just north of the Yards Park. Work to transform the 1918 structure into a 170-unit apartment building first began in 2008, but stalled later that year because of funding issues; work then re-started last August when new financing for the affordable housing units in the building was secured.
The building will also have ground-floor retail, with announcements on tenants expected "soon."
My Foundry Lofts page has plenty of additional information, as well as before-and-during photos.
UPDATE: With a hat tip to reader mikescorpio in a different JDLand comment thread, here's the prices that the Foundry Lofts Facebook Info page list: "1-Bedrooms from $2,100s, 2-Bedrooms from $2,700s, Penthouses from $3,400s. Apartments Available October 15, 2011, Penthouses Available December 15, 2011."
Comments (14)
 
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MJM says: (6/11/11 9:38 AM)
Not sure if it will be their office or a model or Boilermaker related or Lumbershed related or something unrelated but there is a trailer across from Tingey Square.


SW says: (6/11/11 2:26 PM)
Just what this city needs more of: overpriced apartments.


Mark says: (6/11/11 8:51 PM)
I just hope the neighbors don't bring any more negativity... jeez.


contemna says: (6/11/11 11:20 PM)
I wish there were more information on floor plans, SQft, and even concept sketches... of things other than the outside of the building.


JD says: (6/11/11 11:22 PM)
That will all come in August, Heather, when the pre-leasing starts.


SF says: (6/12/11 1:22 AM)
SR/A is the firm doing the interior work. Their website has concept sketches of the interior common areas (but the site is Flash-based so I can't directly link to the content). You can find the Foundry Lofts stuff under the "The Work" section of their site.

link


DCNatty says: (6/12/11 4:30 PM)
Its not overpriced if people are willing to pay it and live there.


Eric says: (6/12/11 5:35 PM)
Why so many apartments? Foundry Lofts look like a cool place to buy.

That being said, how are they getting away with charging so much rent? Is it because the buildings are brand new? It's not like there's tons of amenities around here. The cheapest of these rents is more than my mortgage+condo fees at Velocity.

Oh, and I guess the crime rate's pretty low. But still...


MJM says: (6/13/11 8:38 AM)
Exactly DCNatty - Eric, they can charge those prices because there are not too many places in DC that overlook a brand new park on a developing waterfront a short 1/4 mile walk to the stadium across a floating bridge not to mention the boilermaker shops and a grocery store (if that rumor comes true). It is in the heart of the yards. I'm sure we might have sticker shock with the Half St rentals when those hit the market one day. But I'll bet that the prime Foundry penthouse goes for $4,500/month - over/under?


MJM says: (6/13/11 8:40 AM)
And from the looks of the website link above it appears to be more upscale than Velocity which might be sad


GaryRKarr says: (6/22/11 3:24 PM)
Update on floor plans from Twitter:
FoundryLoftsDC Hi, @garykarr! Floorplans are in works! Likely 30-45 days until floorplans are public. Just walked through.. we're eyein' the penthouses :)


shastasusa says: (6/26/11 1:02 PM)
DC doesn't want the middle class to have affordable housing. If you are poor or wealthy welcome home. The rest of us have to commute an hour and a half to get to work. (by the way, not a smart business plan, the middle class is the sustainable class) Not to mention the Am. economy has tanked. There is no other place in the country still charging these type of rents. Sorry guys...good luck to you. Hope you get what your asking for but it won't be from me. I can't afford it, still own a house in CA worth half of what I bought it for.


Andrew in DC says: (6/27/11 1:12 PM)
"There is no other place in the country still charging these type of rents."

That's a bold statement. Pretty sure we don't have NYC beat. Or SF. I'd be surprised if a comparable place in LA/Chicago wasn't as expensive (i.e. not in the sticks).

Sorry about your house - but envisioning the whole of real estate across the country as a unidirectional mass was sort of what caused the bubble in the first place.


Charles says: (6/27/11 1:46 PM)
shasausa - Your post simply does not make any sense, nor have any basis in reality. First and foremost, the Lofts are not the only rental product in the area. If you want to live here, there are plenty of buildings with vacancy at lower rates. Not to mention the subsidized housing opportunities over at Capitol Quarter.

Meanwhile, Andrew is absolutely correct in pointing out that prices here are far less than those in many other markets. Most of my friends that live close to work in Los Angeles pay well over $3,500 for their two-bedroom units.

Forest City has a VERY smart group of people. Rest assured, they have done their market studies and analysis. With the renderings of the finish treatments, it looks like they have positioned the park-fronting property as the top-end for the area and should have no problem leasing out quickly.

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Recent Crime Incidents Archive  
UNIT B/O I ST SE   BURGLARY
2nd Degree Burglary (Armed Or Otherwise)
 05/02/15
1000 B/O 8TH ST SE   THEFT F/AUTO
 05/01/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 04/26/15
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2 (Theft F/Building)
 04/25/15
   THEFT
Theft 2 (Theft F/Building)
 04/23/15
400 B/O M ST SE   THEFT
2nd Degree
 04/22/15
1000 B/O 3RD ST SE   THEFT
2nd Degree
 04/20/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 04/12/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree
 04/10/15
100 B/O L ST SE   THEFT
Theft 2 (Theft F/Building)
 04/10/15
100 B/O K ST SE   THEFT F/AUTO
 04/08/15
50 B/O M ST SE   THEFT
2nd Degree
 04/07/15
100 B/O K ST SE   THEFT F/AUTO
Theft From Auto 1
 04/04/15

Active Public Space Permits Archive  
1401 11TH ST SE    Maryland Transit Administration 
Issued
new  
 12/30/14
to
12/29/15
861 NEW JERSEY AVE SE    CSX Transportation Inc. 
Assigned
paving; excavation  
 01/09/15
to
10/09/15
1100 NEW JERSEY AVE SE    Capitol Riverfront BID 
Issued
streetfixture; new  
 08/19/14
to
08/18/15

Recent Issued Building Permits Archive  
1011 1ST ST SE   
04/20/15 
COLIN CLARK / MICHAEL BIANCO; COLIN CLARK; MITCH PERMUY
E98099105 / SUPPLEMENTAL
1277 1ST ST SE   
04/15/15 
BALLPARK RESIDENTIAL LLC / CLARK CONSTRUCTION GROUP LLC
AH1500366 / CONSTRUCTION
ON-SITE PROJECT WORK AND TRUCK DELIVERY HOURS 6:00AM - 7:00PM MONDAY THROUGH SATURDAY FOR THE PROJECT DURATION AND THE FOLLOWING HOLIDAYS: EMANCIPATION DAY 4 / 16 / 15 COLUMBUS DAY 10 / 12 / 15 VETERANS DAY 11 / 11 / 15
1331 2ND ST SE   
04/27/15 
CORMAN CONSTRUCTION
AH1500391 / CONSTRUCTION
ADDITION OF STRUCTURES TO EXISTING FOR SEWER DIVERSION
1331 4TH ST SE   
04/17/15 
CLARK CONCRETE
AH1500371 / CONSTRUCTION
AFTERHOURS TO POUR CONCRETE ON ROOF FROM 4 / 20 / 2015 TO 5 / 20 / 2015 FROM 7PM TO 7AM
   
04/21/15 
FC 1331 LLC / JAMES G HOLT
E1505081 / SUPPLEMENTAL
   
04/28/15 
FC 1331 LLC / JOHN E KELLY
E1505324 / SUPPLEMENTAL
1150 5TH ST SE   
04/15/15 
DGS DCPS / BRUCE PAIGE INDUSTRIAL SERVICES
B1506192 / CONSTRUCTION
REPLACE EXISTING INOPERABLE GENERAC GENERATOR WITH A NEW 6.7L GENERAC GENERATOR
   
04/28/15 
DISTRICT OF COLUMBIA / TYRAN D. BRANNUM
E1505319 / SUPPLEMENTAL
1007 8TH ST SE   
04/28/15 
CALLE OCHO LLC / DONALD V. ELLENBERGER
M1501749 / SUPPLEMENTAL
1015 HALF ST SE   
05/01/15 
PRUDENTIAL / KRISTINA DELGADO
B1506909 / CONSTRUCTION
INTERIOR ALTERATION TO PARTIAL 1ST FLOOR SECURITY SUITE MAILROOM AND STORAGE.
   
05/01/15 
HALF ST SE LLC / JOSEPH J FLYNN
E1505425 / SUPPLEMENTAL
82 I ST SE   
04/24/15 
GREYSTAR /RCP DEVELOPMENT / KIM MITCHELL CDKM CONSULTING LLC
SH1500031 / CONSTRUCTION
REVISION TO PERMIT #SH1400084 TO REMOVE TIE-BACKS - ALL BRACING WILL BE ENTIRELY FROM INSIDE THE EXCAVATION BY USE OF CROSS LOT AND CORNER LOT AND RACKERS IN AN EFFORT TO KEEP ALL MEASURES INSIDE THE PROPERTY LINE.
   
05/01/15 
CSX TRANSPORTATION INC / KIM MITCHELL
FD1500026 / CONSTRUCTION
FOUNDATION TO GRADE WORK FOR NEW 13-STORY RESIDENTIAL PROJECT AT EYE STREET AND NEW JERSEY AVE SE
41 L ST SE   
04/30/15 
WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY C/O MRP REALTY / JOHN DIEHL C/O ECC INC.
SB1500258 / CONSTRUCTION
DUE DILIGENCE INVESTIGATION: INSTALLATION OF FIVE 3-INCH DIAMETER GEOPROBE SOIL BORINGS EXTENDING TO DEPTHS OF 25 FEET BELOW GRADE. BORINGS WILL BE ABANDONED ON THE SAME DAY AS DRILLING VIA TREMIGROUT APPLICATION OF BENTONITE SLURRY CONSISTING OF TWO POUNDS OF BENTONITE POWDER TO ONE GALLON OF WATER.
55 M ST SE   
04/14/15 
HINES GLOBAL REIT / JOHN GIUSEPPE-RAMCO
TL1500090 / CONSTRUCTION
FIRST TIME TENANT CONSTRUCTION FOR NEW OFFICE SPACE ON THE 9TH FLOOR FINCANTIERI MARINE GROUP AS SHOWN ON THE ATTACHED THIRD PARTY REVIEWED AND APPROVED MECH. PLUMB. ELECT. FIRE PROTECTION AND ARCH. PLANS BY KTA GROUP. INTERIOR WORK ONLY. NO CHANGE IN USE.
   
04/15/15 
HINES GLOBAL REIT / JOHN GIUSEPPE-RAMCO
TL1500077 / CONSTRUCTION
TENANT LAYOUT TO CONSTRUCTION NEWTHIRD FLOOR OFFICE SPACE FOR GREAT MINDS AS SHOWN ON THE ATTACHED THIRD PARTY REVIEWED AND APPROVED MECH. PLUMB. ELECT. FIRE PROTECTION AND ARCH. DWGS. BY KTA. INTERIOR WORK ONLY NO STRUCTURAL WORK INVOLVED.
   
04/17/15 
HINES GLOBAL REIT 55 M STREET LLC /
P1505068 / SUPPLEMENTAL
   
04/22/15 
HINES GLOBAL REIT 55 M STREET LLC / JOSEPH SAFFER
P1505229 / SUPPLEMENTAL
80 M ST SE   
04/20/15 
WELLS REIT II 80 M STREET LLC / JOHN GIUSEPPE-RAMCO
B1503697 / CONSTRUCTION
RENOVATIONS TO EXISTING 5TH FLOOR OFFICE SPACE FOR TASC PHASE I AS SHOWN ON THE ATTACHED THIRD PARTY REVIEWED AND APPROVED MECH. PLUMB. ELECT. FIRE PROTECTION DEMOLITION AND ARCH. DWGS. BY KTA. INTERIOR WORK ONLY. NO STRUCTURAL WORK INVOLVED. NO CHANGE IN USE.
   
04/22/15 
WELLS REIT II 80 M STREET LLC /
P1505220 / SUPPLEMENTAL
50 M ST SE   
05/01/15 
KCG 50 M LLC
SH1500032 / CONSTRUCTION
REVISION TO SH1400087 TO CHANGE SHEETING / SHORING DESIGN AND TO CHANGE THE CONTRACTOR.
55 M ST SE   
04/23/15 
HINES GLOBAL REIT 55 M STREET LLC / BERNARD D SASSER
E1505192 / SUPPLEMENTAL
80 M ST SE   
04/21/15 
WELLS REIT II 80 M STREET LLC / RONNIE E WRIGHT
E1505080 / SUPPLEMENTAL
   
04/21/15 
NOT AVAILABLE NOT AVAILABLE / NEIL NUTWELL; NOT AVAILABLE NOT AVAILABLE; NEIL NUTWELL
P84507258 / SUPPLEMENTAL
   
04/21/15 
UNKNOWN UNKNOWN / PATRICK BARRON; UNKNOWN UNKNOWN; ROBIN MALLEY
E38207212 / SUPPLEMENTAL
   
04/22/15 
WELLS REIT 80 M STREET LIC / FRED MILLER; WELLS REIT 80 M STREET LIC; DOMINIC TOTARO
AR62521964 / SUPPLEMENTAL
   
04/23/15 
TASC TASC / KEVIN HOOVER; TASC TASC; KEVIN HOOVER
E43277941 / SUPPLEMENTAL
100 M ST SE   
04/28/15 
SQUARE 743 INC / DAVID RAINE; SQUARE 743 INC; DAVID RAINE
P38575591 / SUPPLEMENTAL
300 M ST SE   
04/21/15 
NA NA NA
EHOP1290001 / HOME OCCUPATION
800 NEW JERSEY AVE SE   
04/27/15 
BAKER DC LLC / CHRISTINE LONG
AH1500376 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 7:00PM THRU 7:00AM MONDAY THRU SUNDAY
1500 SOUTH CAPITOL ST SE   
04/15/15 
WASHINGTON NATIONALS STADIUM LLC / JOHN GIUSEPPE-RAMCO
B1506296 / CONSTRUCTION
REVISION TO BLDG. PERMIT B1503799 NEW TEAM STORE AT NATIONALS PARK AS PER THE ATTACHED THIRD PARTY REVIEWED AND APPROVED REVISED MECH. PLUMB. ELECT. FIRE PROTECTION AND ARCH. PLANS BY ECS MID ATLANTIC LLC. ORIGINAL APPROVED PLAN SET ATTACHED ALONG WITH WRITTEN DESCRIPTION OF CHANGES MADE.
   
04/17/15 
WASHINGTON NATIONAL STADIUM LLC / DOMINIC E TOTARO
M1501639 / SUPPLEMENTAL
   
04/17/15 
WASHINGTON NATIONALS STADIUM / STEPHEN J. EXELBERT
P1505092 / SUPPLEMENTAL
   
04/22/15 
WASHINGTON NATL STADIUM / JAMES W. SCHIFFHAUER
E1505137 / SUPPLEMENTAL
   
04/28/15 
JOHN GIUSEPPE / DONALD VEALS; JOHN GIUSEPPE; DONALD VEALS
E55177883 / SUPPLEMENTAL
355 WATER ST SE   
04/29/15 
TOUR DE FAT / PAUL GRUBER
TN1500105 / CONSTRUCTION
SPECIAL EVENT TOUR DE FAT 1 36X24 STAGE 1 16X24 STAGE 6 20X20 TENT 35 10X10 TENTS 1 20X20 HEXAGON CABARET TENT YARD PARK ALL TENT TO BE INSIDE THE PARK (42 TENTS)
1409 WATER ST SE   
04/28/15 
D.C. WATER /
B1507009 / CONSTRUCTION
TO INCLUDE A TEMPORARY WOOD POLE WHICH WILL BE THERE FOR 5 YEARS WHICH IS THE ESTIMATED TIME IT WILL TAKE TO COMPLETE THE ANACOSTIA RIVER TUNNEL PROJECT.
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
1022 - 1109 M ST SE   03/27/15
$ 5,000,000
WASHINGTON HUMANE SOCIETY
 
9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
POTOMAC AV SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
1103 9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
1105 9TH ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
816 POTOMAC AVE SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
0819R L ST SE   03/03/15
$ 3,730,000
818 POTOMAC AVENUE SE LLC
 
1201 HALF ST SE   02/19/15
$ 9,000,000
WEST HALF RESIDENTIAL II LLC
 
N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
0038 N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
0036 N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
R N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
0030 N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
0032 N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
N ST SE   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
1275 HALF ST   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
HALF ST   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
M ST   02/19/15
$ 36,000,000
WEST HALF RESIDENTIAL III LLC
 
1ST ST SE   02/10/15
$ 1,913,472
BALLPARK HOTEL LLC
 
1ST ST SE   02/10/15
$ 1,913,472
BALLPARK HOTEL LLC
 
1ST ST SE   02/10/15
$ 1,913,472
BALLPARK HOTEL LLC
 
1ST ST SE   02/10/15
$ 6,600,000
BALLPARK RESIDENTIAL LLC
 
1ST ST SE   02/10/15
$ 6,600,000
BALLPARK RESIDENTIAL LLC
 
1ST ST SE   02/10/15
$ 6,600,000
BALLPARK RESIDENTIAL LLC
 
1ST ST SE   02/10/15
$ 6,600,000
BALLPARK RESIDENTIAL LLC
 


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