Urban Pace and 10 Square Real Estate (10 Square) have closed on the sale of two Inclusionary Zoning (IZ) affordable condominiums at Centrie, a new 22-unit condominium development in Shaw. These are the fifth and sixth IZ units to be sold in Washington, DC since the IZ program launched in 2009.
Less than one year after acquiring the vacant and dilapidated 21-unit apartment building at 1346 Park Road in the Washington, DC neighborhood of Columbia Heights, Urban Investment Partners (UIP) has completed a $2.7 million full-building restoration. The building will be operated as a rental property and is currently in active lease-up. This historic structure now […]
UIP General Contracting Inc. of Washington, DC (UIPGC) has been selected by the 1489 Newton Street Cooperative, Inc. to renovate the exterior and common areas of its 24-unit building in the Columbia Heights neighborhood of Washington, DC. The project is getting underway in June and is expected to be completed before the end of the […]
Following a $3.5 million renovation, the 231-unit Hillside Heights Apartments complex in Capitol Heights, MD now offers attractive and modern one- to three-bedroom apartment homes at some of the most affordable rental rates in the area. Hillside Heights is offering five percent rental discounts to military personnel and Federal, state, and local government employees, as […]