Joint-Venture Group Starts Construction of 236-Unit Apartment Project in Washington, DC.

Joint-Venture Group Starts Construction of 236-Unit Apartment Project in Washington, DC.

WASHINGTON, DC - Fort Lincoln New Town Corporation and The Concordia Group with Buvermo Investments announced commencement of construction of a 236-unit apartment project in Fort Lincoln New Town at 3750 Jamison Street NE, Washington, D.C.

The project will include 200 market-rate and 36 affordable apartments. Hickok Cole Architects is the project architect and McCullough Construction is the general contractor. Construction financing is provided by EagleBank.

"Since 2002, we have worked with The Concordia Group to complete the development of  the Fort Lincoln community," said Michele Hagans of Fort Lincoln New Town Corporation. "To build a Class A apartment complex as one of the final components is especially gratifying since it completes the community of townhomes, senior living and shopping  enjoyed by all Fort Lincoln residents."

The 4- to 5-story project will be built adjacent to a green forested buffer.   It will include parking under the building and a state-of-the-art fitness center, yoga room, co-working lounge, conference room  facilities, resident lounge, rooftop lounge, dog washing station and a 10,000-sf private landscaped courtyard.

"We couldn't be more pleased to join Fort Lincoln New Town Corporation and Concordia in this project," said Laurey Millspaugh of Buvermo. "Fort Lincoln is already established as a premier master-planned community with remarkable parks, shopping and green space, unique within the District of Columbia. The apartments will provide its residents with a modern Class A building with the full amenities typically found in more urban projects but in a beautiful, green community."

The project is scheduled to deliver in 2019.

Source: Fort Lincoln New Town / #Apartments #Multifamily

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