In H Street Corridor, two adjacent buildings were sold to a developer who plans to combine them into one roughly 3,000-square-foot retail space with 30 feet of frontage and apartments located on top. The project is expected to deliver by the summer of 2018.
Bisnow reported that the developer, 11th Property Group, does not plan to increase the site's maximum density and has not determined how many units the project will have.
The properties are located at 1336 and 1338 H Street NE, across from Eric Bruner-Yang's Maketto, the Atlas Performing Arts Center, and the Rock & Roll Hotel.
11th Property Group purchased the two properties for a total of $1,785,000. The Feldman Group of Marcus & Millichap brokered the deal.