If you love the quiet elegance of Capitol Hill but also like the H Street nightlife scene, you'll love the location of The Maryland, a new condo building under construction at 1350 Maryland Avenue, NE. This project by DC-based Valor Development and DBT Development Group promises "the best rooftop in DC."
Urban Pace, one of the city’s leading condo sales and marketing firms, will begin presales in May. Urban Pace President Lynn Hackney says that owning a condo at The Maryland will be a smart economic move for many potential buyers.
“With interest rates that are still low and the DC Open Doors program, which provides down payment credit assistance to qualified buyers with annual incomes below $123,395, owning a condo at The Maryland will be less expensive than renting a comparable apartment in the same neighborhood,” she noted. The one- and two-bedroom condos will be priced from the $300,000’s to the $500,000’s.
Will Lansing of Valor Development noted that the H Street Corridor has been named by Forbes magazine as one of ‘America’s hippest neighborhoods.” Popular destinations include Toki Underground, H Street Country Club, the Atlas Theater, Smith Commons, and Rock and Roll Hotel. Washington’s first streetcar service in more than 50 years is scheduled to start running along H Street between Union Station and the Anacostia River later this year.
“After living on Capitol Hill for 24 years, I’m thrilled to help bring this exciting project to Ward 6 and contribute to the revitalization of the H Street Corridor,” said David Tolson, President of DBT Development.
The Maryland’s upscale, contemporary interior finishes will include hardwood flooring, Kohler fixtures, Marblex quartz countertops, and Bosch or KitchenAid appliances. Each unit will have its own full-size front-load energy-efficient washer and dryer.