Email signup

More Info and Renderings on Proposed Development next to Scottish Rite Temple in Logan Circle

rendering by Hickok Cole

More info on the proposed development coming next to the Scottish Rite/Masonic Temple at 15th and S Street, NW from EagleBank:

“EagleBank, one of the largest community banks in the Washington, D.C. area, today announced that it provided financing to support the construction of a luxury apartment complex in Northwest Washington, D.C.’s 16th Street Historic District. The project is a joint venture led by Perseus TDC and equity partner Allstate Insurance Company.

EagleBank’s loan offering will fund a significant portion of total project costs, allowing Perseus TDC to construct a five-story, 158-unit luxury apartment building with an underground parking garage for both residents and Scottish Rite Temple patrons.

The transaction was facilitated by members of EagleBank’s experienced commercial real estate team, senior vice president Barb Mackin, portfolio manager Sameera Rizvi and portfolio administrator Jeniffer Mejia.

rendering by Hickok Cole

“As a trusted community lender, EagleBank is committed to delivering tailor-made solutions for our clients across sectors and markets,” said Ryan Riel, EVP, Chief Real Estate Lending Officer. “We’re excited to have been involved in such a unique project at the heart of one of D.C.’s most sought-after neighborhoods.”

Elevated by its proximity to several amenity hubs, the project site is conveniently situated in a quiet, upscale neighborhood and is walkable to both the Dupont Circle and U Street metro rail stations. The property’s amenities will include 24/7 concierge services, coffee bar, fitness facility, rooftop pool and lounge with a commercial kitchen, multipurpose room and private courtyard garden.

rendering by Hickok Cole

“The 16th Street Historic District is a high-demand market for D.C.’s young professionals given the access to public transportation and popular amenities,” said Adam Peters, Regional Partner of Perseus TDC. “Alongside our equity partner, Allstate Insurance Company, we’re looking forward to delivering a best-in-class multifamily development that addresses the ongoing need for residential projects in the area.”

rendering by Hickok Cole

The proposed residential development will offer various apartment layouts, including a unique mix of studios, one and two bedrooms, and townhouse-style duplexes with direct street access.

Recent Stories

“Dear PoPville, The Bushwick Book Club (and it’s chapters like the local Bmore DC Chapter) is the joyous intersection of indie artists and book nerds!

Thanks to Rory for sending from Adams Morgan. *This series features any pets in a backpack/bag/vessel. On metro, or not. Corgi, or not, and often NOT a corgi but the…

photo by mtrrtm Ed. Note: If this was you, please email [email protected] so I can put you in touch with OP. “Dear PoPville, Missed connection Dec. 4th apprx. 7pm at…

“6yo Hayley Mills looking down at 6mo old Alph” If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’ in the…

Annual Holiday Concert and Sing Along

It’s the most wonderful time of the year! Come celebrate the holiday season with Capital City Symphony and Potomac Fever, a close-knit harmony a cappella group made up of members of the Gay Men’s Chorus of Washington, DC. Grab your


Subscribe to our mailing list