11 Comment

  • Wow – 2 million. Of course, we don’t really know what it went for — but you would want to get at least 8-10 units out of it to be profitable. A tear-down, replaced with a generic condo building?. Kind of sad.

    • Prince Of Petworth

      I find your assumption that it will be a generic condo building also kinda sad. Maybe it will be, but who the hell knows at this point.

      • I find your hope that it won’t be a condo building refreshing but unrealistic. The way this neighborhood is going, there’s no chance it won’t be condos, 0%. No ones going to spend $2 million (or more probably) on an old church and not tear it down. I’d love to see it become something useful but am not going to hold my breath.

        • housing isn’t useful?

          • Condos in this neighborhood are a dime a dozen but cost a lot more. Affordable housing is useful, an investment like this most likely will not be that.
            Instead, they’ll probably be ugly 1or 2 bedroom places that cost $600k or more for no charm or any sort of curb appeal at all (see the Park Row condos for an example of the shit that’s going on in the area)
            Yes, I know this is all hypothetical but it’s definitely a trend.

          • Usefulness is in the eye of the beholder, I suppose. Columbia Heights already has more than its fair share of affordable housing (which, by the way, is not exactly known for its charm or curb appeal).

      • Nothing is certain but it is an overwhelming likelihood that the development will be condos given past indicators and opportunity for profit.

        • Prince Of Petworth

          I’m not disagreeing with that – I took exception with the assumption that they will be “generic”. Let’s at least wait for the rendering. Don’t fret, we will most def. judge the architecture.

    • What exactly would be not sad? What do you think should be here – and of course – provide the numbers.

  • I for one would be excited if it were condos. I love watching new condo developments in this city, especially the boutique ones like this would be. It adds a diversity of housing stock to the city. Go DC Go!

  • It’s gotta be a tear down with condos. My guess is that this building is going to be significantly taller than the surrounding properties. Probably will go up to the height limit for the lot.

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