Foulger-Pratt Breaks Ground on Press House at Union District
Major Mixed-Use Development Near Union Market to Bring Apartments, Retail and Office
April 24, 2019 (Washington, DC) — Foulger-Pratt broke ground today on Press House at Union District, marking the start of an extraordinary development that artistically combines industrial and contemporary architecture and creatively brings new housing, retail and office to the NoMA community.
“We are thrilled to be moving forward with this exciting development,” said Cameron Pratt, Managing Partner and Chief Executive Officer of Foulger-Pratt. “With the support of city leaders, our partners and the community, we are excited to transform this historically significant site into something truly remarkable.”
Press House at Union District is a one-and-a-half-acre site, located at 301/331N Street, NE, just one block east of the NoMA-Gallaudet University Metro station. The project will include a total of 356 apartment homes, 27,000 square feet of retail space, 25,000 square feet of office space and a future 85,000 square feet of residential or hotel space.
Foulger-Pratt voluntarily applied to designate the National Capital Press building as a landmark and will rehabilitate the building for ground-floor retail and two floors of office. The building was originally constructed in 1931 as the National Capital Press Co. where the Congressional Record and training manuals for the War Department along with other government publications were printed.
The apartment homes will be located in two separate buildings that share a lobby and exclusive rooftop amenities including a pool and grill areas. Thirty-five percent of the units will be two-bedrooms and the remainder will be studios and one-bedroom apartments.
Resident amenities will feature an abundance of outdoor space including two large plazas along with rooftop green space with areas for recreation. Indoor amenities include a club room, state-of-the-art fitness center, shared workspace/business center, a dog washing station, bike storage, and 250 below-grade parking spaces that will serve both residential and retail.
Press House will include a total of 31 affordable units. Eleven will be 2-bedroom, 2-bath containing 915 square feet and offered at 50% AMI, making these rents approximately one-third of market-rate rents.
Foulger-Pratt Development LLC, with joint venture partners Juster Properties and ClearRock Properties, will mutually develop Press House. The architect on record is Silver Spring-based Torti Gallas + Partners and the interior designer on record is New York City-based Rockwell Group.
Established in 1963, Foulger-Pratt is a real estate investment and development firm distinguished by its long-term focus and extensive experience executing successful mixed-use, transit-oriented projects. The firm’s disciplined culture and vertically integrated platform have enabled it to develop more than 15 million square feet of commercial office, multi-family residential and retail projects by its long-term focus and extensive experience executing successful mixed-use, transit-oriented projects.
Foulger-Pratt is privately owned, led, and staffed by many of the industry’s most talented professionals. The firm’s culture has been carefully cultivated for the last half-century through deliberate effort to operate consistently in accordance with specific core values. The result is a reputation of unmatched integrity, accountability and vision. For more information, visit www.foulgerpratt.com.
About Juster Properties
Juster Properties is a Connecticut-based real estate investment and management firm with a diverse portfolio encompassing more than 1,500,000 square feet in both urban and suburban locations, from New York to Massachusetts to Tennessee to Washington, D.C. The company is comprised of an increasingly expansive portfolio of office buildings, apartment houses, shopping centers and industrial properties. Juster Properties focuses on acquiring, redeveloping and repositioning distressed or undervalued properties. Recent acquisitions include a two-building office portfolio in Midtown Manhattan and a boutique office building near Boston’s South Station Transportation Center. For more information, visit www.justerproperties.com.
About ClearRock Properties
Founded in 2009, ClearRock is an established regional investor, developer, and operator who has overseen approximately $580m in real estate investments across 15 properties totaling 2.1 million square feet. ClearRock focuses on value-add, urban & suburban development and redevelopment of commercial and residential properties in New York, Boston and Washington, D.C. For more information, visit www.clearrockproperties.com.