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Jun 2020Housing for Veterans Highlights Redevelopment of Walter Reed Campus
Published in Affordable Housing FinanceBy Donna KimuraJune 24, 2020 A new 77-unit housing community is one of the cornerstones in the redevelopment of the Walter Reed Army Medical Center campus in Washington, D.C. For more than a century the center cared for wounded soldiers and other veterans before closing in 2011. The expansive site is being reimagined with new senior and high-end housing, a charter…
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Jun 2020Walter Reed Abrams Hall 14S was named the Best Large Affordable Housing Project in 2020
Hand Housing AwardsJune 17, 2020 The HELP Walter Reed Veterans Apartments is being nominated for the Best Large Affordable Housing Project Award by HAND members Wiencek+Associates Architects+Planners, Jaydot LLC, the National Equity Fund, and TD Bank. The HELP Walter Reed Veterans Apartments (“HELP Walter Reed”) provides affordable permanent supportive housing (PSH) to 77 formerly homeless military veterans on what was once the Walter Reed Army…
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Nov 2019The Best Multifamily Contractors in Washington, District of Columbia
Published in GC Magazine September 10, 2019 Editorial Staff In 2017, Curbed Washington DC reported that the U.S. Capital is in need of housing units to keep up with the upward trend in the job market. Multifamily developers and business owners see this as an opportunity, especially since the city’s rental rates have risen 45% between 2005 and 2015. If that trend is any indication,…
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Jul 2019How 1 Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs
Published in Bisnow July 29, 2019 Julia Troy A developer recently approached Ellisdale Construction President Kevin Ash with a problem. The firm wanted to construct a wood-frame building with five floors of residential units and four floors of parking, but due to the height restrictions placed on the wood, they knew they would have to put two of those parking floors underground — an expensive…
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May 2019Replacing Concrete Framing With Light Gauge Metal Can Cut Costs By 10%
Published in Bisnow May 08, 2019 Alexandra Mar Labor costs are up, material costs are up, and some multifamily projects that might have been easy to finance five years ago are now frozen in their tracks. But a cost-saving alternative to standard, cast-in-place concrete structural work is helping developers move forward. Increasingly, multifamily developers are seeing success replacing labor-intensive formed concrete with light gauge metal….
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Apr 2018Boutique condos in Northwest Washington offer coveted views and luxury living
Published in The Washington Post April 24, 2018 Michele Lerner Views of the Washington Monument, the Capitol and Washington National Cathedral are common sites from rooftops and penthouse condos across the District, but few residences have a view of the most famous Washington address: 1600 Pennsylvania Ave. To correct that deficit, Lynn Hackney, a partner with Allyson Capital, got together with Ellisdale Construction, architect…
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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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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….