May 3, 2007

The Same But Different

Jair Lynch Cos./AHD Inc. is set to break ground on a mixed income condo at a mixed-use project at 14th and Belmont Sts., NW. The Solea will have 60,700 sf of residential space, comprised of 59 condominium units of which 22 will be dedicated to affordable or low- to moderate-income families. GlobeSt. reports local retailers, Trade Secrets and Zawadi.

With this condo project, the remarkable transformation of Columbia Heights continues. When Target et al. open their doors, 14th St. will be buzzing. The store not only will give DC another retail option, but also hopefully drive down prices at other retailers as well. Having the big-box in the middle of the city will make mid-city more like every city in America.

The mix of market rate and affordable housing, such as the Solera, near the Target certainly will make this store unique. How many other Targets, Wal-Marts, Costcos are located as close to mixed income housing. For that matter, how many other big-boxes are as close to any housing at all. This is one-of-a-kind.

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