Housing Complex

Couple More Details on New Mt. Vernon Square Project

An initial report that Equity Residential planned condos for the not-long-for-this-world Gold Leaf Studios and BicycleSPACE space were condos has been disproven; Equity is an apartment developer, and according to head of investor relations Marty McKenna, will be building 162 new rentals at the cost of about $57 million. Given that the current tenants have been told to vacate by January 31 of next year, construction will likely start soon after.

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  1. #1

    This, I suppose, is on top of the hotel development going in to the west and north and the office development to the northeast. It'll be weird having these gleaming new buildings next to a strip club and abandoned building shells, but it's still better than parking lots.

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  1. Turnstyle » Finding Space to Create in Pricey D.C.

    [...] real estate market. And soon, the warehouse — home to Gold Leaf Studios — will be replaced witha $57 million, 11-story mixed-used complex. About 30 artists who work out of 11 Gold Leaf studios will have to [...]

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