Today in Pictures - Meridian at Mt. Vernon Triangle

Paradigm and Steuart Investments are nearing completion on the Meridian at Mt. Vernon Triangle, a 390-unit rental building at 425 L St, NW. The apartment building rises fourteen stories above three levels of below-grade parking. Along with the typical amenities like a gym, roof deck, common rooms, the building will also feature a hybrid and electric car refueling stations. The building broke ground in October of 2010.

The apartment building was designed by Architecture Collaborative, Inc., while Collins & Kronstadt of Silver Spring holds the title of architecture of record. Developers expect final completion by this fall, but will have competition from the new Donohoe apartment building just across the street.








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Paradigm Begins New York Ave Apartment Project

Paradigm has ordered its army of construction vehicles into Mount Vernon Triangle to begin work on the hefty 390-unit rental building at 425 L St, NW. Indeed, ground had broken on what project manager Jimmy Dotson calls a "bold, urban building with all the modern comforts of home." Under construction is a mass of brick and glass that will eventually total fourteen stories, sitting on three levels of below grade resident parking. Along with the standard amenities (gym, roof deck, common rooms) the building will feature a few unique touches like the hybrid and electric car refueling stations to be installed in the parking garage.

The barren surface parking lots that have sat vacant are now occupied by machinery and the warehouse at the eastern corner that has remained unused for years will soon be razed. The apartment building, built in partnership with Steuart Investments, was designed by Architecture Collaborative, Inc., while Collins & Kronstadt of Silver Spring holds the title of architecture of record. Developers expect initial delivery in the spring of 2012, with completion of the building wrapping up later that fall. Paradigm has apparently taken heart from the nearly sold out condo projects (CityVista completed sales this fall) and the largely stabilized new apartment buildings that surround it. Donohoe Construction is well into construction of 218 rental units directly across the street.

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Mount Vernon Triangle Scores Another Development

Already a presence in the blossoming NoMa district next door, Paradigm looks to extend their influence into the neighboring Mount Vernon Triangle with the construction of a commodious 390-unit rental building at 425 L St, NW. Paradigm's nearby student-housed Washington Center opened a few months ago, and the company continues to manage the imposing Meridian at Gallery Place just down the street. According to Paradigm project manager Jimmy Dotson the new property is intended to be a "bold, urban building with all the modern comforts of home." The building will rise fourteen stories above ground, and root itself three levels deep into the earth to provide below grade parking for residents.

Like the majority of newly built rental buildings these days, amenities include a top level pool and club room, as well as an expansive lobby and fitness center. Dotson conceded that sustainable aspects are not a major focus on this project, and that the building will not be credentialed as green, but at least a few unique, environmentally conscious features like hybrid and electric car refueling stations in the parking garage are being worked into their plans. Few travelers up New York Avenue will miss the surface parking lots that will be replaced, or the warehouse at eastern corner that has sat unused for years.

Parc Rosslyn

Collins & Kronstadt of Silver Spring, MD is the architecture of record, but responsibilities for the design have been mostly shouldered by the team at Architecture Collaborative, Inc. in Elliot City, MD. Collins & Krondstat and Paradigm are familiar partners; as the firms collaborated in an effort to bring to life Parc Rosslyn in Arlington, VA, completed in 2008. This most recent design process was at least partially governed by the aesthetics of their soon-to-be neighbors like CityVista Apartments to the west and Yale Steam Laundry to the north on New York Avenue. Inspired by their surroundings, designers have forged an angular but sleek amalgamation of brick and glass, with accents of steel, granite, and metal paneling. The color scheme will wedge its way into the middle of the spectrum, somewhere between the light-tan bricks of City Vista and Yale's richer-toned burgundy bricks. Paradigm Construction will undertake general contracting responsibilities, and is in the process of awarding subcontracts.

Building permits are to be finalized soon, and although developers have not yet officially closed on the pending financing, Dotson says team is in "very good shape" to square away the remaining logistics and put a shovel in the ground by mid to late September. If things go smoothly, developers expect their first delivery in the spring of 2012, with completion of the building wrapping up later that fall.

Washington D.C. Real Estate Development News

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