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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."
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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  
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2 (Theft F/Building)
 07/29/15
400 B/O M ST SE   THEFT
Theft 1 (Theft F/Building)
 07/28/15
1200 B/O 1ST ST SE   THEFT
Theft 2 (Theft F/Building)
 07/25/15
700 B/O L ST SE   ROBBERY
Robbery Snatch Or Pursesnatch
 07/23/15
1000 B/O HALF ST SE   THEFT
2nd Degree
 07/13/15
400 B/O M ST SE   THEFT
Theft 2 (Theft F/Building)
 07/09/15
70 B/O I ST SE   THEFT F/AUTO
Theft From Auto 1
 07/08/15
100 B/O M ST SE   THEFT
2nd Degree
 07/07/15
300 B/O L ST SE   THEFT
2nd Degree
 07/07/15
70 B/O I ST SE   THEFT
Theft 2 (Theft F/Building)
 07/06/15
300 B/O TINGEY ST SE   THEFT
 07/05/15
1200 B/O HALF ST SE   THEFT
 07/03/15
900 B/O M ST SE   THEFT
 07/02/15

Recent Issued Building Permits Archive  
1200 1ST ST SE   
07/16/15 
FOREST CITY WASHINGTON / W. TEASS / P.NETTELBECK / TEASS/ WA; RAMSEY MEISER
BCIV1500036 / CONSTRUCTION
CONSTRUCTION OF A TEMPORARY PARKING LOT OPEN PARK SPACE. ALL WORK TO BE PERFOMED IN PRIVATE PROPERTY.
   
07/21/15 
DISTRICT OF COLUMBIA / MARK EY FUHRMAN
E1507720 / SUPPLEMENTAL
1233 1ST ST SE   
07/14/15 
BALLPARK HOTEL LLC BALLPARK HOTEL LLC / MICHAEL GROSE; BALLPARK HOTEL BALLPARK HOTEL LLC; MITCH PERMUY
E45868221 / SUPPLEMENTAL
1277 1ST ST SE   
07/14/15 
BALLPARK RESIDENTIAL LLC BALLPARK RESIDENTIAL LLC / MICHAEL GROSE; BALLPARK RESIDE BALLPARK RESIDENTIAL LLC; MITCH PERMUY
E26661076 / SUPPLEMENTAL
1331 2ND ST SE   
07/17/15 
CORMAN CONSTRUCTION / PAMELA STRICKLAND
SH1500057 / CONSTRUCTION
SUPPORT OF EXCAVATION FOR DC WATER OWNED SEWER STRUCTURE CSO 009 / 011A
1016 3RD ST SE   
07/15/15 
CARLOS DIAZ / JOSEPH SEMPER; CARLOS DIAZ; JOSEPH SEMPER
E78706918 / SUPPLEMENTAL
   
07/23/15 
ROBIN SANTILLAN / ROBIN SANTILLAN; ROBIN SANTILLAN; CARLOS MONTES
P55998454 / SUPPLEMENTAL
   
07/31/15 
ANAMARIA R MOTTOLA / DONALD V. ELLENBERGER
M1502813 / SUPPLEMENTAL
1331 4TH ST SE   
07/13/15 
FC 1331 LLC / OTIS ELEVATOR COMPANY
EN1501337 / SHOP DRAWING
TYPE OF ELEVATOR : ONE (1) TRACTION / STEEL / CENTRAL / VERTICAL TRANSPOTATION LICENSE NUMBER : ELC1300386 ISSUE DATE : 08 / 04 / 2014 EXPIRATION DATE 11-30-2015
   
07/13/15 
FC 1331 LLC / OTIS ELEVATOR COMPANY
EN1501334 / SHOP DRAWING
TYPE OF ELEVATOR : TWO (2) TRACTION / STEEL / CENTRAL / VERTICAL TRANSPOTATION LICENSE NUMBER : ELC1300386 ISSUE DATE : 08 / 04 / 2014 EXPIRATION DATE 11-30-2015
913 5TH ST SE   
07/13/15 
MARGARET LITTLEJOHN
B1509950 / CONSTRUCTION
TUCKPOINTING. SCAFFOLDING TO BE ERECTED.
1000 5TH ST SE   
07/16/15 
DISTRICT OF COLUMBIA / MAURY M. PARKER
M1502393 / SUPPLEMENTAL
   
07/23/15 
DISTRICT OF COLUMBIA / WALTER T JONES
E1507778 / SUPPLEMENTAL
   
07/29/15 
N/A DC HOUSING
B1510526 / CONSTRUCTION
INSTALLATION OF NEW FIRE ALARM SYSTEM FOR ARTHUR CAPPER COMMUNITY CENTER
1007 8TH ST SE   
07/23/15 
CALLE OCHO LLC / JERONE SCOTT
P1507675 / SUPPLEMENTAL
901 HALF ST SE   
07/21/15 
BAKER DCLLC / CHRISTINE LONG
AH1500614 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 3AM THRU 9PM
1201 HALF ST SE   
07/27/15 
WEST HALF RESIDENTIAL II LLC / ECS MID-ATLANTIC LLC C/O DON SESER
SB1500398 / CONSTRUCTION
WE WILL PERFORM A TOTAL OF THREE SOIL BORINGS ON THE PROPOSED SITE. THE BORINGS WILL BE ADVANCED TO A DEPTH OF 60 TO 100 FEET BELOW EXISTING SITE GRADES AND WILL BE LOCATED WITHIN THE BOUNDS OF THE PRIVATE PROPERTY. THE BORINGS WILL BE DRILLED UTILIZING 3.25-INCH HOLLOW STEM CONTINUOUS FLIGHT AUGERS. THE BORINGS WILL BE PERFORMED UTILIZING AN ATV-MOUNTED DRILL RIG AND WILL GENERATE AN APPROXIMATE ...
1220 HALF ST SE   
07/13/15 
BUFFALO WILD WINGS / ALLIIANCE
TL1500106 / CONSTRUCTION
TENANT LAYOUT FOR A NEW RESTAURANT IN EXISTING BUILDING. THIS SPACE HAS NOT BEEN PREVIOUSLY OCCUPIED. WORK INCLUDES NEW EXTERIOR FINISHES SIDEWALK CAF? PLUMBING ELECTRICAL AND MECHANICAL AS WELL AS INTERIOR WORK. THIRD PARTY REVIEW.
   
07/31/15 
BUFFALO WILD WINGS / DANIEL RUDE; BUFFALO WILD WINGS; DANIEL RUDE
P66073039 / SUPPLEMENTAL
   
07/31/15 
BUFFALO WILD WINGS / DANIEL RUDE; BUFFALO WILD WINGS; DANIEL RUDE
G33633628 / SUPPLEMENTAL
55 K ST SE   
07/30/15 
BAKER DC LLC / CHRISTINE LONG
AH1500643 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 12:01AM SATURDAY THRU 11:59PM SUNDAY
601 L ST SE   
07/15/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY / EDUARDO L. LOPEZ
E1507545 / SUPPLEMENTAL
55 M ST SE   
07/15/15 
HINES GLOBAL REIT 55 M STREET LLC / CARL J. SMITH
E1507529 / SUPPLEMENTAL
   
07/27/15 
HINES GLOBAL REIT 55 M STREET LLC / ANTHONY G SAMBURG
E1507875 / SUPPLEMENTAL
99 M ST SE   
07/15/15 
BALLPARK SQUARE 701 LLC / LP CONSULTING SERVICES
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SHEETING AND SHORING AS PER PLANS FOR NEW OFFICE BUILDING
   
07/15/15 
BALLPARK SQUARE 701 LLC / LP CONSULTING SERVICES
FD1500019 / CONSTRUCTION
FOUNDATION TO GRADE IN PREPARATION FOR CONSTRUCTION OF A NEW MIXED USE BUILDING
100 M ST SE   
07/21/15 
SQUARE 743 INC / JOSE UMANZOR-ALVAREZ; SQUARE 743 INC; ROBERT LAWALL
E99685352 / SUPPLEMENTAL
   
07/21/15 
UNKNOWN UNKNOWN / PATRICK BARRON; UNKNOWN UNKNOWN; ROBIN MALLEY
E65875186 / SUPPLEMENTAL
400 M ST SE   
07/23/15 
DISTRICT OF COLUMBIA HOUSING AUTHORITY (LAND) / VERNON A. MONTAGUE
P1507715 / SUPPLEMENTAL
74 N ST SE   
07/23/15 
CAPITOL RIVERFRONT HOTEL LLC / DAVID FONTANA MCKEEVER SERVICES CORP
B1403426 / CONSTRUCTION
CONCRETE PAVEMENT ENTIRELY ON PRIVATE PROPERTY FOR CONSTRUCTION ACCESS TO NEIGHBORING PROPERTY 1265 1ST ST SE.
800 NEW JERSEY AVE SE   
07/29/15 
BAKER DC LLC / BAKER DC LLC; CHRISTINE LONG
AH1500569 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 7PM THRU 7AM MONDAY THRU SUNDAY
909 NEW JERSEY AVE SE   
07/17/15 
SCARLET OAK / EVAN O'BRIEN/ D MCKEEVER SERVICES
B1507594 / CONSTRUCTION
TPR. REVISION TO EXISTING PERMIT # TL1500002. VALUE ENGINEERING RESULTING IN CHANGES TO MPE SYSTEMS AND MECHANICAL STRUCTURAL SUPPORT.
1111 NEW JERSEY AVE SE   
07/16/15 
GALLERY CAPITAL PROP LLC GALLERY CAPITAL PROP LLC / DONALD LAYTON; GALLERY CAPITAL GALLERY CAPITAL PROP LLC; TOM MCGUIRE
E77440335 / SUPPLEMENTAL
   
07/29/15 
GREGORY R. GOSNELL
P1507817 / SUPPLEMENTAL
1500 SOUTH CAPITOL ST SE   
07/15/15 
NONE / JAMES W CONNER
E1507526 / SUPPLEMENTAL
   
07/23/15 
LERNER DC
B1510545 / CONSTRUCTION
REVISION TO PERMIT NUMBER #B1506810 TO ADD EXHAUST HOOD.
   
07/28/15 
LERNER MANAGEMENT / GERARD MULLEN; LERNER MANAGEMENT; SCOTT BROADBENT
E69613955 / SUPPLEMENTAL
   
07/28/15 
NATIONALS PARK / GERARD MULLEN; NATIONALS PARK; SCOTT BROADBENT
E91113810 / SUPPLEMENTAL
301 TINGEY ST SE   
07/29/15 
NA NA NA
EHOP1590795 / HOME OCCUPATION
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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