At The Pacifica's groundbreaking ceremony on Tuesday were from left, Molly Heffner, project architect, GTM Architects; Colline H. Ayala, partner, GTM Architects; Peggy Crowley, COO, J Street Companies; Robert C. White, Jr., councilmember at large, Council of the District of Columbia, Bruce Baschuk, chairman, J Street Companies; Natasha Shulinina, VP – Commercial Lending, John Marshall Bank; Tom McCullough, founder and president, McCullough Construction.
WASHINGTON, DC—The J Street Companies has broken ground on The Pacifica condominium development on a site two blocks from Dupont Circle here.
Construction on the new, nine-unit luxury condominium project is expected to be completed in late 2019. John Marshall Bank provided a construction loan for The Pacifica. No further financial information on the loan or the cost of the project was released.
“J Street is excited to start the process of bringing these classic and elegant new homes to residents who cherish the Dupont Circle neighborhood and the convenience to downtown and unmatched amenities that characterizes this community,” says J Street chairman Bruce Baschuk.
Designed by GTM Architects, each Pacifica residence will average 1,500 square feet and feature a host of amenities including a common area roof terrace, private outdoor spaces, private parking, an elevator, stone countertops, custom cabinetry, hardwood and porcelain tile floors, high-end kitchen appliances and finishes. The Pacifica is being designed to pursue LEED for Homes with Energy Star certification.
The J Street Companies and its principals have operated more than 10,000 condominiums, townhomes and apartment units and have participated in the development and repositioning of thousands more in the Washington, DC, Texas and South Carolina markets.
|Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
