After a recent success in one of D.C.’s transforming neighborhoods, developer JBG keeps the ball rolling to attract the young creative class just a few blocks away.
In June, JBG sold its recent 267-unit mixed-use development, the Louis at 14th Street and U Street, for a reported $176.5 million to TIAA-CREF. Roughly six blocks away at 8th Street and V Street, JBG is close to finishing two buildings at the site of the old Atlantic Plumbing factory. These ‘fraternal twin buildings,’ as the project’s architect Morris Adjmi describes them, will contain 310 apartments in the Atlantic Plumbing building and 62 condos in the 2030 8th Street at Atlantic Plumbing property.
Washington, D.C. had a steady employment outlook during the recession, and with those jobs came population growth, particularly among affluent young professionals, which changed neighborhood demographics immensely. One of the most prominent changes was in the 14th Street corridor where laundromats became restaurants and homeless shelters became condos.
Fabric of the Neighborhood
JBG tore down the original Atlantic Plumbing buildings but salvaged some pieces, including the painted brick Atlantic Plumbing sign to be included in the apartment building lobby and bricks to be included throughout the interior design. According to Adjmi, the infamous gum wall was also kept, though they’re still finding a home for it in the design.
Adjmi, who is known for his work in up-and-coming neighborhoods, designed the two buildings with the area in mind, creating unique but conforming features.
“We tried to create a building that drew some of its inspiration from the fabric of the neighborhood,” says Adjmi.
The condominium building looks the most modern with floor-to-ceiling glass windows, but the apartment building features a metal exoskeleton reminiscent of old industrial buildings. There will also be vegetation climbing up the metal x-bracing on one side of the building, according to Adjmi.
The two buildings hope to increase the neighborhood’s foot traffic with first-floor retail spaces, similar to the Louis, and will also include artist lofts. A Landmark Movie Theater will be moving into the space, but other retail partners have not been announced yet. There is also parking available beneath each building.
The amenities package, particularly in the apartments, also rivals the Louis with a rooftop terrace featuring resort-style pool, indoor/outdoor bar; catering kitchen; lounge area; yoga, Pilates and spin studio; fitness center; outdoor kitchens; private gardening plots; covered movie screening area; and private bike storage rooms. The condominiums have a much smaller amenities package, which includes a rooftop terrace, reserved garage parking, full-service concierge, communal kitchen/bar, and fitness center.
The condominiums started selling in October for between $300,000 and $1.9 million for studios or two-bedroom units and will be released throughout next spring and summer. The apartments will begin lease-up at the end of 2015.
And that’s not all for JBG. A few blocks away, the firm is working on another
development at 8th Street and Florida Avenue dubbed The Shay, which similarly matches the Louis
and Atlantic Plumbing properties with ground-floor retail and two buildings situated on both the east and west side of 8th Street. The
285-unit development will also open in spring 2015.