Sliding from Before to After
 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."
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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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Agora/Whole Foods
336-unit apartment building at 800 New Jersey Ave., SE. Construction begun June 2014, move-ins underway early 2018. Whole Foods expected to open in late 2018.
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Construction underway in early 2018 on the replacement for the current South Capitol Street Bridge. Completion expected in 2021.
1221 Van
290-unit residential building with 26,000 sf retail. Underway late 2015, completed early 2018.
NAB HQ/Avidian
New headquarters for National Association of Broadcasters, along with a 163-unit condo building. Construction underway early 2017.
Yards/Parcel O Residential Projects
The Bower, a 138-unit condo building by PN Hoffman, and The Guild, a 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 underway in 2016, with completion in 2018.
The Harlow/Square 769N Apts
Mixed-income rental building with 176 units, including 36 public housing units. Underway early 2017, delivery 2019.
West Half Residential
420-unit project with 65,000 sf retail. Construction underway spring 2017.
Novel South Capitol/2 I St.
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1250 Half/Envy
310 rental units at 1250, 123 condos at Envy, 60,000 square feet of retail. Underway spring 2017.
Parc Riverside Phase II
314ish-unit residential building at 1010 Half St., SE, by Toll Bros. Construction underway summer 2017.
99 M Street
A 224,000-square-foot office building by Skanska for the corner of 1st and M. Underway fall 2015, substantially complete summer 2018. Circa and an unnamed sibling restaurant announced tenants.
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375-unit rental building at 2nd and I with 13,000 sq ft retail. Construction underway late fall 2017.
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270-unit rental building and 227-room Thompson Hotel, with 20,000 sq ft retail total. Construction underway fall 2017.
Meridian on First
275-unit residential building, by Paradigm. Construction underway early 2018.
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264-unit residential building with 12,500 sq ft retail, underway spring 2018. Phase 2 of RiverFront on the Anacostia development.
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300ish-unit unnamed sibling building at South Capitol and I. Work underway summer 2018.
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11-story, 74-unit condo building west of Half St. Underway early 2019.
CSX East Residential/Hotel
225ish-unit AC Marriott and two residential buildings planned. Digging underway late summer 2019.
1000 South Capitol Residential
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1300 4TH ST SE 1001
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02/22/21
AP BOWER RETAIL LLC / null
E2104231 /
SUPPLEMENTAL
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1346 4TH ST SE APT 1M
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02/06/21
null / NA NA NA
EHOP21945129 /
HOME OCCUPATION
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1331 4TH ST SE R-2
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FC 1331 LLC / FC 1331 LLC
BP2101814 /
POST CARD
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10 I ST SE
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CAPITOL HILL RACQUET CLUB / NA; VICTORIA STEINHOFF
SB2100112 /
CONSTRUCTION
Installation of up to six (6) 3-inch diameter direct-push Geoprobe borings to depths of up to 30 feet below grade as part of an environmental assessment.
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555 L ST SE
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01/29/21
UNITED STATES OF AMERICA / RENNE WELL; RICK HARLAN SCHNEIDER
B2102004 /
CONSTRUCTION
DGS PROJECT REHABILITATION+RESTORATION OF THE HISTORIC LINCOIN FIELDHOUSE
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861 NEW JERSEY AVE SE 20003
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02/23/21
809-853 NEW JERSEY AVE ACQUISITION LLC / SUSANA VAZQUEZ
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809 NEW JERSEY AVE SE
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02/11/21
GREYSTAR GP LLC 809-853 NEW JERSEY AVENUE ACQUISITION LLC / null
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SUPPLEMENTAL
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853 NEW JERSEY AVE SE
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02/11/21
GREYSTAR GP LLC / null
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861 NEW JERSEY AVE SE
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02/05/21
GS CSX HOTEL OWNER LLC / null
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1275 NEW JERSEY AVE SE
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