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NDC News & Events

11/14/05
Press Release:
NDC President Adrian Washington Named to lead Anacostia Waterfront Corporation
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9/1/05
Multi-Housing News:
D.C. Delight: Development Leaders Describe the District >>>

8/1/05
DC North Newspaper:
The Lofts at Brightwood: Neighborhood Development Company, Meridian Restaurant break ground on condos >>>

7/27/05
From the Northwest Current: "Neighbors Fete Georgia Avenue Groundbreaking" >>>

7/23/05
NDC Press Release:
Lofts at Brightwood Groundbreaking >>>

7/21/05
Press Release:
Project Team Unveils Final Development Plans for CityVista at the Former Wax Museum Site in Washington, DC >>>

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NDC In the News!
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The Lofts at Brightwood

Neighborhood Development Company, Meridian Restaurant break ground on condos
Reprinted from DC North Newspaper, August 1st, 2005

Groundbreaking revitalization moves up Georgia Avenue with the recent ceremonial launch of the Lofts at Brightwood - - a multi-million dollar condominium complex to be developed by the Ward 4-based Neighborhood Development Company.

Even though the July 23 groundbreaking marks the beginning of construction, community members and NDC residents who attended the event seem eager to have the new complex in the neighborhood.

“There's universal support and excitement to get this building done,” said Steve Cassell, vice president of NDC.

The Lofts project, located at 5832 Georgia Ave. NW, is the latest of several NDC developments that have been completed or are in the works.

The complex has 32, one-and-two bedroom upscale lofts, duplexes and flats, ranging from about $190,000 to $375,000 per unit depending on the square footage.

Some of the perks include a rooftop terrace, an underground parking garage, central location and a first floor sit-down restaurant, called Meridian Restaurant and Bar. Meridian will feature up-scale diasporan cuisine and an eclectic lounge atmosphere.

NDC President Adrian Washington, a Ward 4 resident, said he hopes to generate more business and development in the area through this project and move away from the troubled history of the site.

In the 1980s and 1990s, the property was home to the infamous Ibex nightclub, which stirs up unpleasant memories for many longtime area residents.

The club was shut down in the late 1990s after a police officer was killed at the site. “This building has really been an eye sore,” Washington said. “It's something that the neighborhood has just deplored for ages now and we're taking a building that was a detriment to the neighborhood and improving it and bringing new vitality.”

Council member Adrian Fenty called the lofts “a landmark neighborhood economic development project,” saying, “It's new housing on Georgia Avenue at a location that used to be the site of a notorious nightclub. In the scheme of things it's hard to imagine a better scenario.”

Condo sales officially begin in October, Cassell said, but several people have already reserved lofts in the new complex.

Sarah Thankachan is one of the new owners as of this past December.

She said she had been looking for several months when the lofts caught her eye and matched her price range.

“I was really excited about being a part of something new,” she said. “I saw this as an opportunity to bring to the Brightwood community the same kind of development that's going on in Columbia Heights.”

Developers certainly have the approval of K. Yuen, owner of the Lowest Price Gas Station across the street.

Yuen said he thinks the development will “bring everything up to the year 2005 and beyond. The neighborhood certainly has all the glory and I think this will bring back all the yesterday glory, all the modern amenities and make the city in the upper northwest lively again,” he said.

The Lofts at Brightwood is expected to be completed between April and June 2006 - around the time when NDC will be picking up the ceremonial shovel for another Ward 4 development.

Unique to the company's next project is that it will be a 100% affordable housing development.

Tentatively named “Residences on Georgia Avenue,” the complex will include 75 affordable apartments and condominiums with ground level retail.

The complex will be located at 4100 Georgia Ave., across the street from company's headquarters in Petworth. For information on the condominiums contact the Neighborhood Development Group at 202-722-2765 or visit www.neighborhooddevelopment. com.

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