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This week’s column is about a proposed apartment building at the intersection of Georgia and Missouri Avenues. The project’s developer, Dick Knapp of Foulger-Pratt, says that his units are luxury in one sense, and not luxury in another. I’ll let him explain:
“Because our property will be developed as a brand new community, it will by definition meet “luxury standards”, but not necessarily “luxury rental rates”, which has a misleading connotation. Examples of the luxury standards are in-unit washer/dryers, wall to wall carpeting, central air conditioning, concierge/front desk, a fitness center, cyber café, private movie theatre, business center and extensive club facilities.” (He wrote this in an e-mail to some follow-up questions I had sent.)
There are a few other new Class A Apartments in upper Northwest, something you definitely didn’t see five years ago.
When it comes to prices, Knapp’s project is competitive—-that is, unless you want to stumble out of your abode in the morning and right onto a train. These other buildings have the advantage of being next to a Metro station.
Curtis Chevrolet project-400 units
Studios:$1,250
One bedrooms:$1,400-1600
One bedroom dens:$1,800
Two bedrooms:$1,950-2300
Gables Takoma Park-145 units
7035 Blair Road NW
Studios:$1,525-$1,720
One bedrooms:$1,740-$1,910
One bedroom study:$1,895-$2,020
Two bedrooms:$2,085-$2,260
Two bedrooms study:$2,715-$3,435
Fort Totten Station-300 units
5210 3rd Street, NE
Studios: 1,200-1,565
One bedrooms:1,325-2,100
Two bedrooms:1,870-2250