Rendering courtesy of Peterson Companies
Back in Feb. we noted demo had started at the old Ontario Theatre on the corner of 17th and Columbia Rd, NW. A lot of readers have written in asking if the project has stalled. Yesterday I was told by their PR team:
“Vertical construction is set to begin in the fall, with expected completion in spring 2015.”
They also provided the rendering above which is slightly different than the one we looked at in January. Their full press release says:
The project will include 80 residential homes and 9,000 SF of retail. This is the first residential development for the Peterson Companies in the District of Columbia. “We believe in the economic vitality of the District of Columbia and are excited about investing our resources to create a beautifully designed residential and retail community in the Adams Morgan neighborhood,” said Stuart Prince, Senior Vice President – Residential at Peterson Companies.
The $30 million mixed-use project will commence vertical construction in the fall of 2013 with completion scheduled for spring 2015. Condominium homes will be available in studio, one-bedroom and two-bedroom floor plans, and will include gourmet kitchens, private balconies, hardwood floors, underground parking, and walk-in closets. Residents will enjoy access to a common rooftop terrace with stunning views of downtown Washington and the National Mall.
The building is being designed by The Eisen Group of Washington, DC, and draws inspiration from Adams Morgan’s rich architectural history of art deco residential blocks, while distinguishing itself with contemporary features that speak to newer, industrial-styled buildings. The proposed design will also incorporate certain art deco elements from the old Ontario Theatre, including a corner canopy, poster cases, and the “coming attractions” marquee signs.
McWilliams Ballard will manage residential sales with homes available for purchase in early 2014. Peterson Companies will handle the retail leasing and management.