Dcwannabe, Home Buyer in Brookland, Washington,...

Any thoughts on the Chancellor's Row townhomes? What about the planned Abdobe (sp?) development and timeline?

Asked by Dcwannabe, Brookland, Washington, DC Tue Mar 15, 2011

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8
MG Residenti…, Agent, Washington, DC
Wed Mar 16, 2011
The Chancellor's Row townhomes are really nice and the location is fantastic. In addition to the Abdo and EYA projects, there are several additional major development projects under way in the greater Brookland neighborhood.

Here’s a summary with some links to more info on each project:

The construction at the Rhode Island Ave Station is well under way (70,000 sq ft of new retail and 274 units of housing http://www.lessardgroup.com/web/module/portfolio/pid/109/por… )

EYA is doing well with their sales and has partially completed construction: http://www.eya.com/Chancellors_Row_at_Brookland_Metro ,

Dance Place and Artspace are about to deliver on Artist Live/Work spaces about a block from Chancellor’s Row. (Artspace http://www.artspacewashdc.org/ ) is well underway and should deliver next

The Abdo project at CUA got some major funding, and should break ground second half of this year: (750+ units of housing and 83,000 square feet of street-level retail, 15,000 square feet of artists' studio space and 850 below-grade parking space) http://www.washingtonpost.com/wp-dyn/content/article/2010/08…

There’s also a development planned for the Colonel Brooks site. They are just about to go through the PUD process. http://901monroe.com/

The Business Journal also did a nice summary of Brookland Development: http://www.bizjournals.com/washington/print-edition/2010/11/…

Our sales team is based on 12th Street in Brookland and specializes in Brookland Real Estate. We would be happy to discuss the EYA project and compare it to other homes in the neighborhood.
Web Reference:  http://www.menkitigroup.com
1 vote
Leslie Byrne, Agent, Millsboro, DE
Wed Mar 23, 2011
That is the best answer, check out this developers past projects and their success legally and vis a vis their construction. If you can visit one of them - even better - how has the property endured the test of time - is the construction quality above average and is the developer using the same contractors?
0 votes
John Loulan, , Washington, VA
Wed Mar 16, 2011
People who buy new construction tend to pay top dollar because it is new, clean and has some very slick marketing. That said, in that price range you really have some great options in DC. That doesn't mean that this development is a poor choice. It will come down to what is important to you, if restaurants and nightlife or theaters matter to you this may not be the best choice.
I would look at the developers past developments and maybe speak to some of the owners to see how satisfied they are with what they bought. I do know that some early buyers on their past projects did very well from an investment viewpoint. This project will be a huge asset for the area and should spur investment by others.
One other caveat if you decide to buy in this or any other new development be sure to have a seasoned Realtor represent you. Developers contracts are different than a re-sale contract, developers usually have a team of lawyers create a contract that is designed to protect the developer, not you.
I have over twenty years of real estate experience and am a fourth generation DC resident. If I can be of any help please feel free to contact me directly.
0 votes
Craig Fauver, Agent, McLean, VA
Wed Mar 16, 2011
EYA makes great looking homes inside out, with that said, my only problem with them is their cost-cutting measures in construction. Ever drive by one when they are putting it up? Plywood! You can buy a real DC rowhome made of bricks and hardwood for about the same price or maybe a little more and that's where I'd put my money if you want to live on the hill.
0 votes
Jack W. Wang, Agent, Chevy Chase, MD
Wed Mar 16, 2011
Location Location Location.

Close to the metro, CU, TU, HU, and the Washington Hospital Center. Plus so much more. And new construction.

I will preview this community tomorrow for a client.

Jack
Web Reference:  http://dc.condodomain.com/
0 votes
Melissa Bark…, Agent, Washington, DC
Wed Mar 16, 2011
Hi

Chancellor's Row as the other two agents have mentioned is being developed by EYA, which has does several other projects in the DC area and Abdo is doing the construction. Abdo has also done several developments in DC, incl one other one at present and the Wooster-Mercer Lofts in Arlington. Prices start around $500,000 and go up from there. Close location to the metro. There is now a model home, so the development is moving right along, and one can write a contract to purchase now.

Here is EYA's site about the development:
http://www.eya.com/Chancellors_Row_at_Brookland_Metro

Please let me know if you have any more questions.

Thanks

Melissa
Web Reference:  http://www.wdcmetroagent.com
0 votes
Jim McCowan, Agent, Arlington, VA
Wed Mar 16, 2011
Chancellor's Row is a great development being built by a very reputable company, EYA. Abdo construction has done several high-end projects in Arlington, as well as other areas, and is known as one of the best construction/development companies in the country!

I'd be happy to answer any other questions or offer any assistance!
Web Reference:  http://www.jimmccowan.com
0 votes
Hillary Nash, Agent, Washington, DC
Tue Mar 15, 2011
Hi DCwannabe - Chancellor's Row is being developed by EYA, and they are known in the DC Metropolitan area for building sustainable communities...I currently have clients purchasing homes there, and they are both in the mid $500K range. The developer is being reasonable with upgrades, and Brookland is a rapidly changing area, traditionally known just for Catholic & Trinity Universities, and mainly residential..Now it is budding with development! Please feel free to give me a call or email to discuss some more!

The abdo development will be built right along Catholic's southern campus. It will contain more than 80,000 sq feet of retail space, and student and artist living as well. You can check the latest development news on their website
http://abdo.com/urban_communities/index.htm

Hillary Nash~
Exit Elite Realty
202.907.7301
hillarynash@mris.com
0 votes
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