Washington, DC

This rental is located at 130 M Street NE:

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The Craigslist ad says:

“GRAND OPENING!!! Now touring, Flats 130 is located in NoMa, a rapidly developing new neighborhood in Washington, D.C., just north of Capitol Hill and Union Station. Named for its location, North of Massachusetts Avenue, the area is quickly becoming the heart of all things exciting and new within the District. As part of Constitution Square, a LEED-ND Gold certified development, Flats 130 boasts an ultra luxurious, walkable lifestyle, giving residents instant access to the Red Line metro at New York Avenue station, a 50,000 square-foot Harris Teeter grocery store, a Hilton Garden Inn hotel, and a menu of fine dining, shopping and nightlife. Whether it’s a coffee shop, a dry cleaner or a bank, you’ll find it all at your fingertips. Once you arrive, you’ll see that life begins at 130.”

Well, since I’ve been featuring the new retail going in at NoMa recently I’ve wondered how much some of these new buildings cost. Dang, it ain’t cheap. Is this the premium for living above the Harris Teeter or the potential of the neighborhood or simply the cost of living in a new building?

The 1 bedroom advertised here is going for $2315.

For those who are looking at new buildings, I’m curious – what are the pros and cons of Mt. Vernon Square vs. NoMa?


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