Monroe Street Market Brings New Brookland Real Estate
on Monday, February 11th, 2013 at 3:41pm.
Monroe Street Market is a massive new $200 million mixed-use development in Brookland, adjacent to the Brookland-CUA Metro station. The complex will span five city blocks at the southern edge of Catholic University on Monroe Street in Northeast. The project aims to unite the university and the surrounding Brookland neighborhood, and promises to bring new life to an underused area of land in DC.
When finished, Monroe Street Market will consist of 720 apartments, 45 townhouses, 83,000 square feet of retail, 15,000 square feet for art studios, a 3,000 square-foot community arts center, and 850 underground parking spaces. A prominent feature of Monroe Street Market will be a large plaza, directly across Michigan Avenue, named Bishop O’Connell Square in honor of a former Catholic University President.
The community is focused on the arts with features like The Arts Walk, a pedestrian-friendly promenade with 27 artist studios on each side. This area will also host weekend farmers and arts markets, as well as performances. The 3,000-square-foot arts center, called The Edgewood Arts Building, will be bathed in sunlight from the floor-to-ceiling windows. This building is expected to house big art projects and exhibitions, as well as other community events.
Apartments in Monroe Street Market will consist of studios, one bedroom and two bedroom units in one of three styles -- The Cornerstone, Broadland Works, or Portland Flats. Units will feature stainless steel appliances, granite countertops, Parterre wood-style flooring, large windows, pendant lighting, large closets, full-size washers and dryers, and keyless fob access. The units also aim to be environmentally friendly with water-saving faucets, web-programmable thermostats, low-energy lighting, bicycle storage, and recycling. Some units will feature balconies, movable kitchen islands, high ceilings, built-in desks and private entrances. Residential amenities include a 24-hour fitness center (with yoga studios, cardio theaters, weights and more), artistic workspaces, a community room with billiards, a Wi-Fi cafe, party spaces, and an outdoor swimming pool.
Ground breaking on Monroe Street Market started over a year ago in November 2011, and reservation for new apartments begin in March. The first phase of 562 apartments should be ready for new tenants this summer in Monroe Street Market.