Glover Park Hardware and Washington Sports Club will remain open during a major revamp of their home at 2251 Wisconsin Ave., according to Gordon Nielsen of Summit Commercial Real Estate. Nielsen and business partner Guy d’Amecourt recently brokered the complex’s sale to a joint venture of Altus Realty Partners, Chesapeake Realty Partners, and Ellisdale Construction for $20.1 million.
The buyers plan to install a new glass facade and renovate the retail space, which includes a vacant storefront formerly leased by MyerEmco. In addition, they will construct an 81-unit apartment building with two levels of underground parking on land now covered by a rear parking lot. “The apartments will average 635 square feet with a mix of studios, one-bedroom and two-bedroom units looking to target young professionals,” states a press release provided by Nielsen. “The property overlooks the parkland of the Naval Observatory and Vice President’s residence.” The garage will include 97 parking spaces, Nielsen said, but he did not know how many of these would be reserved for tenants.
The image above, provided by Summit, shows the rear of the planned apartment complex; here’s another Summit image showing a side view:
The website of Brown Craig Turner architectural firm has more images of the planned apartment complex:
And Chesapeake Realty Partners posted its own rendering:
UPDATE: Construction on the facade is to begin this July, with the residential units in the rear completed by July 2014, the Georgetown Patch reports.
Great to know that Washington Sports Club and Ace Hardware are not only staying put, but also staying open during construction. Phew! Also interesting to note the 97(!) parking spaces – guessing it will be both for public and for residents of the building? I wonder if that is more parking than was already on the lot back there.
That’s many more than the existing lot. I work at the hardware store and there’s maybe 45 spaces, tops, back there. And knowing that I’m not losing my job is also very exciting.
You said 81 units and the Brown Craig site says 812! Big difference- which is correct??
Ha! It is either 81 or 82 units–the sources differ. My guess is that Brown Craig made a typo in trying to switch from 81 to 82 or vice versa.