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Friday, May 6, 2011

Update: August Completion Date for 329 Rhode Island Ave NE

Across Rhode Island Avenue in Eckington there are new timelines for the completion of the condos at 329 Rhode Island Avenue NE.

Eckington Condo Project On Track for Summer Delivery

May 4, 20111 Comment

by UrbanTurf Staff


A renovated condo project in Eckington is on track to deliver 21 units by the end of the summer. UrbanTurf spoke with PERS Development president Ramin Bassam, who said that his company`s project Mint Condominium located at 4th and Rhode Island NE (map) will be ready for move-in by late August, and that sales will likely start a month prior, in July. Sales and marketing will be handled by Urban Pace.

The project is a few blocks west of the Rhode Island Avenue-Brentwood Metro station on the Red Line, where a large mixed-use development with retail and over 250 apartments is currently under construction. Units at Mint will be a mix of one and two-bedrooms with prices ranging from the mid $200s to low $300s.

Eckington residents will likely welcome renovation of the building, which suffered a fire in 2009 and had been designated blight by the city. On the other hand, the condos will be higher end than much of the inventory currently available in the neighborhood, so a successful sell-out could be a harbinger of neighborhood change in years to come.

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