In Q4 of 2021, it was announced that Foulger Pratt acquired the former home of the Department of Justice (DOJ) from Monument Realty. The 13-story, 287,000 square foot building is seated at 1425 New York Avenue, located only steps away from the White House, Treasury Department, International Monetary Fund, World Bank, Executive Office Buildings, and the Federal Reserve. One of the city’s most anticipated deliveries, Foulger Pratt plans to convert the former office building into 243 Class A+, luxury residential units. Upon completion, Accolade, will be the closest residential property to the White House. The demand for quality residential offerings has long been a focus of area developers and local government. The nation’s capital boasts over 100M square feet of office space within a one-mile radius of the site, resulting in a severely supply-constrained market known for its limited deliveries and high-barrier to entry. Located in the epicenter of Washington, DC, Accolade will offer direct access to the city’s best restaurants, entertainment venues, and transportation options.
Property Stages Archives
Junction Crossing
Acquired by Foulger Pratt in 2021 and located in Fort Worth, Texas, Junction Crossing is a 277-unit apartment complex with two- and three-bedroom layouts. The property features an array of resort-inspired amenities including a wine tasting room with wine lockers, Olympic-sized interconnected pools with fountain splash pads, a state-of-the-art fitness center and an on-site Bark Park for pets.
Point of View
Foulger Pratt partnered with Triton Investments to bring Point of View, a luxury apartment community, to Draper, UT. This luxury apartment complex boasts panoramic views of the Wasatch and Oquirrh Mountains, as well as Salt Lake Valley. It’s perfect for high-end renters, commuters and professionals looking to enjoy high-end one or two-bedroom apartment suites and unbeatable amenities, including a heated pool with lap lanes, an outdoor basketball court, and a 7,000 sq ft fitness center.
327 S Street
Foulger Pratt acquired 327 S Street alongside Boundary Companies in 2017. Boundary Companies managed and leased the property until March 31, 2023, when Foulger Pratt took over management of the 120-year-old building boasting exposed brick and 20’ high ceilings that were restored during an extensive renovation. Anchoring the warehouse is Lost Generation Brewing Company, a new DC hot spot, and popular DC retailer, Salt & Sundry, who operate a 3,000 square foot private venue retail out of the warehouse, hosting some of the city’s most memorable events.
Press House Warehouse
Located at the epicenter of several successful, high-density, amenity-rich neighborhoods, including Union Market, NOMA, Shaw, and the H Street corridor, Press House is a mixed-use community currently anchored by Trader Joe’s, located directly across Florida Avenue. Its residential, retail, and rehabilitated historical structure serve as a HQ to a DC-based creative office firm and a high-end barber, Scotch and Scissors. The Warehouse is comprised of 25,000 sf of office and an additional 27,000 sf of retail space, which delivered in June of 2021. Retailers continue to flock to the neighborhood as an alternative to Union Market and the NOMA areas.
Affinity on Georgia
Redeveloped in 2013, Affinity on Georgia, formerly Heritage Silver Spring, is made up of multiple historical buildings that were combined to create a 210-unit multi-family complex with studio, one- and two-bedroom apartment homes. The community features several amenities, including a resort-style lap pool, fitness center with studio space, and a conference room for co-working space. It is located directly south of bustling downtown Silver Spring and just a few blocks from the Maryland/DC border. Its location also offers easy access to the Montgomery College Health Sciences Center and Jessup Blair Park. Foulger Pratt acquired Affinity in October 2020 and completed renovations on the common area in early 2022, delivering a substantial upgrade and creating inviting spaces to welcome residents home.
Monument Village at College Park
Acquired in February 2020, Monument Village is a 236-unit apartment community that offers studio, one-, and two-bedrooms, as well as loft-style layouts, ideally situated in College Park, Maryland. Tenants can enjoy the common areas, which include a resort style pool, fitness center with yoga studio, and club room complete with billiards. The community is in close proximity to University of Maryland campus, I-495, and the College Park Metro Station.
Harwood Flats
Positioned adjacent to the White Flint Mall redevelopment in North Bethesda, MD, Harwood Flats is a 335-unit, mixed-use apartment complex featuring a variety of floorplans, spanning from studios to three bedrooms and 4,500 sf of retail space at the base of the building. Its unique amenity package includes an extra-large, state-of-the-art fitness center, a club room/game room, dog run and pet spa, and a rooftop pool complete with grilling stations and views of North Bethesda. This property reflects the area’s evolution from a low-density, auto-oriented suburban plan to an urban, mixed-use environment, driven by robust mass transit and a 24/7 live/work/play concept. At full build-out, the area will include over 10M square feet of residential, culture, office and retail space.
Press House Apartments
Press House is located at the epicenter of several successful, high-density, amenity-rich neighborhoods, including Union Market, NOMA, Shaw, and the H Street corridor. A former printing press that once produced the Congressional Record, this community impresses from the moment you walk in. It features a luxurious residential lobby filled with custom art installations and multiple floorplans from studios to two bedrooms. Its upscale amenities including a rooftop pool with lush landscaping and views of the Capitol dome, a multi-level fitness center, retro game room and community creative workspace. The neighborhood is currently anchored by Trader Joe’s, located directly across Florida Avenue. Press House’s residential, retail and a rehabilitated historical structure serves as a HQ to a DC- based creative firm. Retailers continue to flock to the neighborhood as an alternative to the Union Market and NOMA areas.
Beckert’s Park
Located in SE Washington DC’s Capitol Hill neighborhood, Beckert’s Park is a five-story, mid-rise, 590,951 square foot, Class-A apartment community comprised of 325 residential units, a 60,000 sf ground-floor Safeway, roughly 8,000 square feet of neighborhood retail, and 14,000 square feet of interior amenities. The 2.75 acre site sits at a prime location at the corner of 14th and D Street SE, and was originally a 50,384 square foot Safeway grocery store. The new building sits above a podium with two below-grade parking levels, one dedicated to Safeway and one dedicated to residents. The Project has three courtyards, two above the podium and one at ground level, adjacent to the amenity spaces. The 325 units include one-, two- and three-bedroom apartments which are all crafted for comfort and luxury. Interior unit amenities include views of the Capitol building and Washington Monument, designer kitchens with quartz countertops, wood-look flooring with carpeted bedrooms, chef islands, and kitchen pantries. Amenities include a luxury pool with outdoor grills and dining area, an expansive lobby, a multifunction sport court, a fitness center, a golf simulator room, a game room, a dog wash, and a dog park. The courtyards and site improvements include brick pavers, synthetic turf, stone veneer walls, a variety of site furnishings, playground equipment, multiple decorative railings, and architectural metal screen wall, and landscaping throughout, including 44,000 sf of green roof and bioretention area.