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Mar 2018LIHTCs, RAD Save Affordable Housing for Vulnerable Populations in Baltimore Suburb
Published February 2018 Novogradac Journal of Tax Credits MARK O’MEARA, SENIOR WRITER, NOVOGRADAC & COMPANY LLP It is important to preserve affordable housing, especially for vulnerable populations. WISHROCK Investment Group did just that in Towson, Md., when it purchased Tabco Towers, a 200-apartment building reserved for low-income seniors and people with disabilities. “This was an existing affordable housing community. The odds were high that it…
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Jan 2017New 133-Unit Mt. Vernon Triangle Apartment Building Opens
Published in Bisnow October 05, 2016 Jon Banister, DC A 133-unit Mt. Vernon Triangle apartment building has opened as Mayor Muriel Bowser joined the development team this week to cut the ribbon. The Aspen at 4th and L Streets NW was developed by a JV of A&W Development’s Rich Ward and Kevin Ash, Premium Title’s Ben Soto and Blue Sky Housing’s Earl “Chico” Horton III (above, with the mayor). The four owners combined to create 1031 4th St LLC. Ellisdale…
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Sep 2014More EB-5 from Urban Atlantic: Developer secures $9M for new Mount Vernon Triangle apartments
Published in Washington Business Journal September 11, 2014 by Michael Neibauer Urban Atlantic is busy as a developer, with roles in a variety of local developments, from Walter Reed and Arthur Capper Carrollsburg to Rhode Island Row and Alexandria’s Chatham Square. But there’s more to the Bethesda-based firm. It is also a financier, of sorts. On Wednesday, we reported Urban Atlantic and a…
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Jul 201410-Story, 124-Unit Building Approved for Mt. Vernon Triangle
Published in District Source July 9, 2014 by Shaun Courtney Ellisdale Construction and Development receive zoning approval Tuesday for a proposed 10-story, 124-unit apartment building with ground floor retail at 1031 4th St. NW in Mt. Vernon Triangle. The 100-foot building will offer 25 parking spaces and 41 bike storage spaces. They hope to attract a restaurant tenant for the approximately 10,500 square feet of retail. The site–bounded by…
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May 2014Condos in Northwest Washington have a roomy feeling and the amenities
Published in The Washington Post May 8, 2014 by Michele Lerner When Barry Phelps decided he wanted a home more spacious than his condominium on the border of Dupont Circle and Adams Morgan, he looked at 10 to 15 condos, both new and resale, before settling on the Clayton. The Clayton — at 4800 Georgia Ave. NW in the District’s 16th Street Heights neighborhood…
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Apr 2014123-Unit Residential Project Planned For 4th and L Streets
Published on Urban Turf March 5, 2014 by Lark Turner Developers are hoping to break ground on a ten-story, 123-unit building in Mount Vernon Triangle in August or September of this year. The development, which is requesting several zoning variances, received ANC 6E’s support Tuesday night, and will soon go before the Board of Zoning Adjustment (BZA). The mixed-use building at 1031 4th Street NW will…
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Jan 2014ONTARIO 17 Condominium Transforming Former Theater Site in Adams Morgan
The corner of 17th and Columbia Road NW is a bustling intersection, close to the heart of Adams Morgan, Mount Pleasant and Columbia Heights. Since the Ontario Theater opened there over 65 years ago, the corner has gone through a number of transformations. The Peterson Companies is very excited to have the opportunity to give this intersection new life and has recently awarded Ellisdale Construction the construction contract to…
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Jan 2014Ellisdale featured in GlobeSt.com Article for Glover Park Project
Altus Secures $39M for Glover Park Project WASHINGTON, DC-Altus Realty Partners has secured $39 million to acquire and redevelop an existing project in Glover Park. The project, located 2251 Wisconsin Ave., will renovate the existing 30,000 square foot retail building, currently occupied by Washington Sports Club and Glover Park Hardware. An 81-unit residential building with a two-level garage on the existing rear parking lot will also be developed at the site….