Haute Real Estate Coming to M Street
By July 1, 2016 0 879
•Nobu, the internationally acclaimed Japanese restaurant, is coming to D.C., specifically to the ground floor of 2501 M, a new project converting the bottom six floors of 2501 M St. NW to five floors of luxury condos atop commercial space. The top three floors, of nine, will remain condos. PRP Real Estate Investment Management purchased the property in 2014. CORE Architects will handle design, while the Mayhood Company manages sales and marketing. Sales begin in 2017.
Two new public-private building projects are in the works by Eastbanc. A 15,500-square-foot fire station, topped by 55 “affordable housing” units and six market-rate units, had its final beam placed atop the 90-foot-high building last month, though plenty of work still remains. The 54,300 residential-commercial portion of the building has a garage with 24 parking spaces, an eight-court squash facility called “Squash on Fire” and a full-service restaurant. The West End Fire Station Project is at 23rd and M Streets NW.
Nearby, the Square 37 project will house the 20,600-square-foot West End Public Library and 300,000 square feet of luxury residential units, with entrances along L Street and 23rd and 24th Streets, along with 7,400 square feet of retail space and 246 parking spaces. Residents may choose between 93 rental units of about 1,497 square feet or 71 larger condominiums. There will also be a penthouse swimming pool, a roof deck, common rooms and an exercise room.