After a three-year lull, condo and apartment development along 14th Street — from Logan Circle to the blocks north of U Street — has blossomed at a frantic pace. (See list of related stories at bottom.)
Work is well underway at several sites and many and others are slated for groundbreaking soon. Most properties will be considered mixed-use, usually in the form of ground floor retail and residential units above.
Proof of the return of the market on 14th Street is a mixed-use project by Level 2 Development, a local real estate developer specializing in high-end residential and retail projects. It has announced two tenants for the retail spaces at the View 14 complex at 2303 14th Street NW. The building is on the northeast corner of 14th and Florida Avenue.
YWCA National Capital Area (Young Women’s Christian Association) and Beta Academy will occupy the spaces after build-out is complete. YWCA agreed to a 15-year lease and hopes to open in January 2012. Beta Academy will have a 10-year lease and has a target opening of third quarter 2011.
From the Borderstan Team
Leaving 14th: BTI Dance Studio Moving to Connecticut Avenue
BTI Dance, which had been operating out of 1515 14th Street NW, is currently closed. They’re going to reopen at 1643 Connecticut Avenue NW (between Q and R Streets) on February 12. According to a BTI Dance press release, “This new building enables us to vacate space we have been leasing temporarily to accommodate major programming growth over the past six months. Most importantly, we can now coordinate our programs services under one roof…”