
From a press release:
“On the heels of Pope Francis’s historic visit to the Brookland neighborhood, the area will soon attract more visitors: homebuyers checking out Lock7 Development’s all-new condominiums at Brooks Row. This community of 22 townhome-style residences at 2724 12th Street, NE will offer two-level living, private outdoor space, and designated outdoor parking. Urban Pace is about to start presales for the two-bedroom and three-bedroom condominiums, which are scheduled to deliver early next spring, with prices starting in the high $400,000’s.
“Brookland is a really unique part of the city because it’s less dense than many other neighborhoods, so there’s a great deal of trees and green space,” said Lock7’s David Gorman. “It’s also Metro-accessible and very walkable, and you get a lot more space for your money than in other urban neighborhoods.”
“However, the single-family houses in Brookland have gotten very expensive, with a handful of recent sales topping $1 million,” Gorman went on. “We wanted to provide buyers with large units and lots of space for living and storage at an obtainable price point.”
Lock7 acquired contiguous parcels on the corner of Franklin and 12th Streets, NE from two separate owners, and assembled a 19,000 SF site for ground-up construction. “We decided on townhouse-style condos,” he explained, “which allowed us to keep unit prices relatively low while giving buyers great value for their money.” (more…)