Real estate near Catholic University includes a growing number of new developments, including a $200 million development by Abdo and Bozzuto, which broke ground in November of 2011 in an effort to create a new market for homes and businesses in Brookland, the Washington Business Journal reports.
This new real estate near Catholic University, called Monroe Street Market at the campus’ southern edge, includes about 765 apartments and townhomes and 83,000-square-feet of retail space in Northeast D.C. The project also entails 15,000 square feet for artistic uses and a community arts center.
Future residents can begin reserving a new apartment home this month, choosing from one of three styles – Brookland works available for move-in in June, Portland Flats for a November move in and Cornerstone, which is available in January 2014 – that all boast a lofty feel with open, two-story interiors. Some of these spaces were originally intended for sale, but for now they are all listed as available to renters. The deadline to apply for an artist’s studio has passed.
Developers say they are trying to maintain the university-setting feel with the real estate near Catholic University. In this way, the campus benefits with an expansion without a cost to the taxpayer as the university would not have to pay property taxes. The project is funded in part with an infusion from Pritzker Realty Group, the Washington Business Journal reports.
Other real estate near Catholic University in Brookland and Brentwood include a $425,000, 3BR townhome on Hamlin Street, with a large yard and three parking spaces, and a $389,000, 5BR, single family home, also on Hamlin Street. Brentwood is mainly a commercial area, while its neighboring Brookland has several single-family homes and a few apartment buildings. For more affordable real estate in D.C. with the conveniences of city living, turn to the real estate near Catholic University.
For more information:
Rock Creek Realty: http://www.rcrdc.com/brentwood-and-brookland.php
Washington Business Journal: http://www.bizjournals.com/washington/news/2011/11/04/abdo-bozzuto-to-break-ground-by-cua.html