(a random before-and-after moment)
|
September 17, 2006
|
June 4, 2017
|
|
|
 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." 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."
JDLand.com Home
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.
Add a Comment:
Comments are closed for this post.
 JDLand Comments RSS Feed
See All Current News Items |
Full Blog Archive
|
|
|
Full Neighborhood Development Map
There's a lot more than just the projects listed here. See the complete map of completed, underway, and proposed projects all across the neighborhood.What's New This Year A quick look at what's arrived or been announced since the end of the 2015 baseball season.Food Options, Now and Coming Soon
There's finally starting to be some new food options in the neighborhood. Click to see what's here, and what's coming.Canal Park
Three-block park on the site of the old Washington Canal. Construction begun in spring 2011, opened Nov. 16, 2012. Park Tavern restaurant opened April 8, 2013.Nationals Park
21-acre site, 41,000-seat ballpark, construction begun May 2006, Opening Day March 30, 2008.Arthur Capper/Carrollsburg Mixed-Income Redevelopment
Hope VI-funded redevelopment of old public housing complex. 1,700 rental & ownership units, including 700 public housing units.Washington Navy Yard
Headquarters of the Naval District Washington, established in 1799.Capitol Quarter
121 market-rate and 91 workforce-rate townhomes sold in phases; construction started June 2008, completed fall 2012. Project also includes 111 subsidized rental units and Section 8 ownership units.The Yards
44-acre mixed-use redevelopment of the old Southeast Federal Center. Expected to be completed in phases over 20 years.The Yards
44-acre mixed-use redevelopment of the old Southeast Federal Center. Expected to be completed in phases over 20 years.Yards Park
5.5-acre park on the banks of the Anacostia. First phase completed September 2010.The Arris/Yards
325ish-unit residential building on SW corner of 4th and Tingey. Construction begun late 2013, completed March 2016.The Bixby
New mixed-income apartment building once known as the Lofts at Capitol Quarter on the northern portion of the old Capper Seniors lot along L Street. Construction begun spring 2014, delivery 2016.Community Center
A new building replacing the old center, with day care, a rec center, gym, computer lab, and more. Starting spring 2014, completed summer 2016.Van Ness Elementary School
DC Public School, closed in 2006, but reopening in stages beginning in 2015.Park Chelsea
880 New Jersey
430-unit apartment building called Park Chelsea, 1st phase of 1 million-sq-ft residential project by William C. Smith. Started fall 2012, first move-ins began April 2016.Agora
336-unit apartment building at 800 New Jersey Ave., SE, second phase of 1 million-sq-ft residential project by WC Smith. Whole Foods signed for 35,000 sq ft ground-floor retail. Construction begun June 2014, delivery 2017.One Hill South
380-unit residential building by Ruben Cos & Related Companies. Underway Feb. 2015, delivery early 2017.Insignia on M
324-unit residential building at 1111 New Jersey Ave., SE, by Donohoe. Construction underway Sept. 2014, delivery 2017.99 M Street
A 224,000-square-foot office building by Skanska for the corner of 1st and M. Underway fall 2015, delivery 2017. Circa and Open Road expected tenantsF1rst/Residence Inn
325 residential units, 170-unit hotel, and 40,000 square feet of retail along 1st Street, by Grosvenor and McCaffery. Construction underway March 2015, delivery 2017. Hampton Inn & Suites
A 168-room hotel on the corner of 1st and N, construction started early 2014, opened December 2015.Dock 79/RiverFront on the Anacostia
(Florida Rock)
5.8-acre site, 1.1 million sq ft project, 1st phase 350-unit residential building called Dock 79 underway in late 2014, delivery expected fall 2016.New South Capitol Street Bridge
Planning is underway to replace the current Frederick Douglass Bridge.Anacostia Riverwalk
A bridge between Teague and Yards Parks is part of the planned 20-mile Anacostia Riverwalk multi-use trail along the east and west banks of the Anacostia River.Virginia Ave. Tunnel Expansion
Construction underway in 2015 to expand the 106-year-old tunnel to allow for a second track and double-height cars. Expected completion 2018. Rail and Bus Times
Get real time data for the Navy Yard subway, Circulator, Bikeshare, and bus lines, plus additional transit information.Rail and Bus Times
Get real time data for the Navy Yard subway, Circulator, Bikeshare, and bus lines, plus additional transit information.1221 Van
290-unit residential building with 26,000 sf retail. Underway late 2015, delivery late 2017.NAB HQ/10 Van
New headquarters for National Association of Broadcasters, along with 163-unit condo building. Construction underway early 2017.Yards/Parcel O Residential Projects
The Bower, a 138-unit condo building by PN Hoffman, and an unnamed 190-unit rental building by Forest City on the southeast corner of 4th and Tingey. Underway fall 2016, delivery 2018.New DC Water HQ
A wrap-around six-story addition to the existing O Street Pumping Station. Construction expected to start in 2016, with completion in late 2017.District Winery
Full-service winery, restaurant, and events space coming to the Yards. Construction underway late summer 2016, with completion in late 2017.Square 769N Apts
Mixed-income rental building with 179 units, including 36 public housing units. Could get underway early 2017.West Half Residential
420-unit rental/condo project with 65,000 sf retail. Construction underway spring 2017.2 I St.
1st-phase 380-unit apartment building, on old McDonald's site. Construction underway early 2017.1250 Half St.
445 residential units in two phases, 60,000 square feet of retail. Could get underway spring 2017.
|
Just out from the 
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 
