J Street announced in early 2018 the acquisition of two adjacent properties at Congress and L Streets, NE in the dynamic NoMa/Union Market neighborhood of Washington, DC. The Congress Street development will offer a rare chance for condominium ownership at prices in reach of many first-time homeowners in the NoMa/Union Market neighborhood. The development will include both on- and off-site condominium units for households earning less than median income.
Working with Nelson Architects, J Street will develop the site into 62 condominium units. Sited between NoMa, Union Market and H Street, residents will be able to walk, bike or Metro to destinations all over the City including evening movies in NoMa, the H Street streetcar, events and culinary attractions at Union Market and the brand-new REI at Uline Arena. Congress Street complements J Street's work in NoMa over the past 15 years, where the firm already acquired, developed and sold over five acres within the NoMa and Florida Market submarkets.
Completion is expected in early 2020. Urban Pace has been retained for sales and marketing of the 60,000-square foot project.
Source: J Street Companies
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