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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  
900 B/O POTOMAC AVE SE   THEFT F/AUTO
 08/17/15
500 B/O L ST SE   THEFT F/AUTO
 08/17/15
UNIT B/O K ST SE   THEFT F/AUTO
 08/16/15
500 B/O L ST SE   THEFT
 08/08/15
UNIT B/O I ST SE   BURGLARY
 08/07/15
300 B/O WATER ST SE   THEFT
 08/05/15
UNIT B/O I ST SE   THEFT
 08/04/15
50 B/O M ST SE   THEFT
 08/04/15
400 B/O M ST SE   THEFT
 08/03/15

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1277 1ST ST SE   
08/11/15 
BALLPARK RESIDENTIAL LLC / RICHARD V CAREY
P1508164 / SUPPLEMENTAL
   
08/21/15 
BALLPARK RESIDENTIAL LLC BALLPARK RESIDENTIAL LLC / CLINT HOLMES; BALLPARK RESIDE BALLPARK RESIDENTIAL LLC; MITCH PERMUY
E20139177 / SUPPLEMENTAL
1000 5TH ST SE   
08/18/15 
UNITED STATES OF AMERICA / JOSEPH M MAGNOLIA
P1508371 / SUPPLEMENTAL
1150 5TH ST SE   
08/11/15 
PEPCO PEPCO
AH1500668 / CONSTRUCTION
INSTALLATION OF CABLE AND METERS
1220 12TH ST SE   
08/13/15 
WASHINGTON GAS LIGHT CO / JOHN GIUSEPPE-RAMCO
B1509350 / CONSTRUCTION
RENOVATIONS TO EXISTING 3RD FLOOR OFFICE SPACE EXELIS AS SHOWN ON THE ATTACHED MECH. PLUMB. ELECT. FIRE PROTECTION DEMOLITION AND ARCH. DWGS. INTERIOR WORK ONLY. NO CHANGE IN US. NO STRUCT. WORK.
909 HALF ST SE   
08/13/15 
BAKER DC LLC / CHRISTINE LONG
AH1500677 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 11:00PM FRIDAY THRU 11:00PM SATURDAY
   
08/18/15 
BAKER DC
AH1500686 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 12:01AM WEDNESDAY THRU 11:59PM THURSDAY. 1-49 BLOCK OF K ST SE
   
08/21/15 
BAKER DC / CHRISTINE LONG
AH1500695 / CONSTRUCTION
AN AFTER HOURS PERMIT IS FROM 12:01AM THRU 11:59PM FROM 08 / 25 / 2015 TO 08 / 29 / 2015
1015 HALF ST SE   
08/13/15 
HALF ST SE LLC / GREGORY E LIGON
E1508399 / SUPPLEMENTAL
   
08/17/15 
HALF ST SE LLC / ANTHONY G SAMBURG
E1508502 / SUPPLEMENTAL
   
08/20/15 
WSP PARSONS BRINCKERHOFF / STEVE AUD; WSP PARSONS BRINCKERHOFF; STEVE AUD
E95740122 / SUPPLEMENTAL
1220 HALF ST SE   
08/12/15 
BUFFALO WILD WINGS / NICOLE WHITE; BUFFALO WILD WINGS; GREG CONCANNON
AR49901357 / SUPPLEMENTAL
   
08/13/15 
BUFFALO WILD WINGS / BELA X-PEDITERS PLUS INC.
AH1500681 / CONSTRUCTION
WORK AFTER HOURS 7PM-7AM. 8 / 13 / 2015 TO 9 / 13 / 2015
601 L ST SE   
08/17/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / KRISSY GER LISA LJ PERMIT
B1510955 / CONSTRUCTION
REVISION TO B1101058 MINOR GRADING REVISION
   
08/20/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MARK A DORSEY
EN1502944 / SHOP DRAWING
TYPE OF ELEVATOR ONE (1) HYDRO / STEEL / CENTRALLY / PASSENGER TO PROVIDE ACCESS BETWEEN G AND G2 FLOORS AS PER PLANS.
   
08/20/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MARK A DORSEY
EN1502945 / SHOP DRAWING
TYPE OF ELEVATOR: TWO (2) TRACTION / STEEL / CENTRALLY / PASSENGER (5TH FLOOR).
   
08/20/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MARK A DORSEY
EN1502970 / SHOP DRAWING
TYPE OF ELEVATOR ONE (1) TRACTION / STEEL / CENTRALLY / PASSENGER (6TH FLOOR).
   
08/20/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / MARK A DORSEY
EN1502971 / SHOP DRAWING
TYPE OF ELEVATOR ONE (1) TRACTION / STEEL / CENTRALLY / PASSENGER (6TH FLOOR).
80 M ST SE   
08/24/15 
COLUMBIA PROPERTY TRUST / KRISTINA DELGADO
B1510944 / CONSTRUCTION
PARTIAL 4TH FLOOR RENOVATIONS INCLUDING MECHANICAL PLUMBING ELECTRICAL AS WELL AS FURNITURE INSTALLATION.
20 M ST SE   
08/19/15 
SOUTHEAST REALTY LLC / ELEANOR FARID; SOUTHEAST REALTY LLC; RODNEY CANNON
E69278004 / SUPPLEMENTAL
50 M ST SE   
08/11/15 
MILLER?LONG
TC1500036 / CONSTRUCTION
TOWER CRANE FOR JOB SITE USE
   
08/13/15 
MILLER?LONG MILLER?LONG
AH1500674 / CONSTRUCTION
AFTERHOURS TO PUT UP TOWERCRANE WITH 200 TON MOBILE CRANE SATURDAY 8 / 15 / 2015 AND 8 / 16 / 2015 FROM 5AM TO 9PM
   
08/14/15 
KCG 50 M LLC / JOSEPH E RICHARDS
E1508432 / SUPPLEMENTAL
   
08/21/15 
KCG 50 M LLC / DANIEL R. RUDE
P1508460 / SUPPLEMENTAL
55 M ST SE   
08/19/15 
DOUG OLSON / DOUG OLSON; NONE
SG1500414 / CONSTRUCTION
NEW SIGNS INSTALLATION AS PER PLANS
1500 M ST SE   
08/21/15 
WASHINGTON YACHT CLUB / ZACHARY ZILL
SB1500438 / CONSTRUCTION
SOIL BORING FOR COMPENSATION GROUTING ALONG THE ALIGNMENT OF DC WATER'S CLEAN RIVERS DIV H - ANACOSTIA RIVER TUNNEL. FORTEEN BORINGS TO MAX DEPTH OF 70 FEET BGS 2 INCH DIAMETER GROUT TUBES INSIDE 5.5 INCH DIA CASINGS. DUPLEX ROTARY DRILLING METHOD. REF. PERMIT SB1400400.
1100 NEW JERSEY AVE SE   
08/11/15 
CHRISTOPHER CONDON
PC69159304 / POST CARD
INTERIOR DEMOLITION OF NON-BEARING ELEMENTS IN A SPACE UP TO 5 000 SQUARE FEET (464.5 SQUARE METERS)
1500 SOUTH CAPITOL ST SE   
08/14/15 
P1508259 / SUPPLEMENTAL
301 WATER ST SE   
08/12/15 
LUMBER SHED LIC / ROBERT WATTS; LUMBER SHED LIC; ROBERT WATTS
E99575145 / SUPPLEMENTAL
355 WATER ST SE   
08/14/15 
TIAN LUU / TIAN LUU; TIAN LUU; JAMES BORROR
E95497821 / SUPPLEMENTAL
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;

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