The Belgard Project Details Address Type Size Overview Foulger-Pratt and Tryline Capital have completed the acquisition of the 346-unit Belgard multifamily property in the NoMa neighborhood of Washington, D.C. The Belgard was developed in 2018 through a joint venture between Wood Partners and CBRE Investment Management. The investment group purchased the Belgard for $107.75 million,Continue reading “The Belgard”
Property Type Archives
ONE501 – Eckington Park
ONE501 is a 327-unit residential apartment building located in the historic and trendy Eckington neighborhood of Washington, DC. The building is comprised of a mix of studio, one-, two- and three-bedroom homes and includes 7,500 square feet of retail space positioned at its base. The property features unique amenities such as a courtyard pool and sundeck, 6th-floor terrace with views of the US Capitol and Washington Monument, and an indoor/outdoor fitness center. The project is located directly across from the newly delivered Brooklyn Boulders, a climbing gym and coworking space, and Union Kitchen. It also offers proximity to the NoMa/Gallaudet Metro, Union Market, the Metropolitan Branch Trail, and direct access to the award-winning Alethia Tanner Park, heralded as DC’s Best Dog Park in 2022 by the Washington City Paper.
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.
12425 Park Potomac Ave.
Leveraging Foulger-Pratt’s medical office expertise, this Class A medical office and retail building reflects the evolution of health care delivery away from the expensive hospital setting and into the community. The building’s use as a medical office allows additional use as conventional office space and will leverage both the amenity-rich environment of Park Potomac and the aging demographic population that is attracted to the walkable mixed-use environment.
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.
Park Potomac Retail
Park Potomac is home to a desirable retail lineup including Founding Farmers, Gringos & Mariachis, King Street Oyster, Harris Teeter, Love Couture Bridal and Orange Theory Fitness along with complementary services perfect for the residential and commercial offerings also found onsite. Year-round programming including artesian markets, concerts and pet-friendly events draw in the surrounding community, which can easily access the site with a dedicated exit from I-270 and a location only minutes from I-495. The site is equipped with surface, street and garage parking.
Additional phases of Park Potomac call for residential, commercial and retail square footage. At completion, the site will be one of Montgomery County’s most desirable live/work/play communities.
12505 Park Potomac Ave.
This Class A office building is located in the Park Potomac master-planned, mixed-use development. The project boasts ideal highway accessibility, as well as a walkable amenity core which includes a mix of restaurants, retail and daily conveniences like Harris Teeter, all of which have contributed to full occupancy.
Downtown Silver Spring
This vibrant transit-oriented development is widely recognized as the catalyst for redevelopment of Downtown Silver Spring, Maryland and represents a national model for public-private partnership. Foulger Pratt initiated a collaboration among a broad range of public and private constituents to re-envision this 20+-acre parcel as a dynamic environment for a diverse community. Today, the project includes a full spectrum of uses including local and national retail, restaurants, movie theaters, community areas such as an ice-skating rink and a mosaic fountain, amenity-rich apartments, and multiple commercial buildings.