Park Triangle

Apartments

sq. ft. retail

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Developed by Triangle Development Associates, LLC, including Ernest Marcus as co-managing member.

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Location

1375 Kenyon Street, NW
Washington, DC

  • 110 car garage
  • Won competitive bid process for this WMATA site
  • Ground lease negotiation with WMATA with option to purchase in 16th year.
  • Environmental contamination cleanup
  • Design of mixed-use project in dense, urban location. Transit-oriented development won award from National Builder’s Association and ULI.
  • Construction of 6 story building above Metro tunnels directly beneath the site.
  • Negotiations with city permitting office regarding public space issues
  • Retail programming and leasing
  • Full leaseup of first luxury apartment building in submarket in over 50 years, including unique marketing strategies.
  • Obtained New Market Tax Credits.