A 142-unit apartment building is entering its final construction phase in Washington’s Hill East neighborhood, and is expected to be delivered in mid-May 2013.
The project being developed by Tritec and JBG companies is among the handful of initiatives in the growing neighborhood, which is close to Capitol Hill and Eastern Market, but whose real estate has a lower price tag.
Located at 1717 East Capitol St., SE, developers razed an abandoned apartment building to give way to Kennedy Row, the nearly 135,000-square-foot development.
“The ownership chose this property because it was the last undeveloped large-scale parcel in the Capitol Hill submarket and a block and a half from the Metro,” Matthew Blocher says, JBG senior vice president. “By removing the blighted vacant building, we continued the redevelopment of Capitol Hill, east to the [Stadium] Armory metro.”
The structure features a rooftop terrace, fitness center, underground parking, among other amenities.
City efforts to revitalize Hill East, an area adjacent to RFK Stadium, were stalled when recession hit, causing then-Mayor Adrian Fenty to scale back plans to redevelop 67 acres into a mixed-use urban waterfront community. In January, the Washington Post
reported that only one developer had shown interest in the project.