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 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.