Development Spotlight: 2715 Pennsylvania Avenue
One of the oddest features of DC’s upscale enclave of Georgetown is the gas station that sits between M Street and Pennsylvania Avenue, NW. It serves as an unlikely welcoming committee for people as they cross Rock Creek Park to enter Georgetown from downtown. One of the most active developers in Georgetown, Eastbanc, is planning to redevelop the site to include 8 condo units and a restaurant. The renderings for the project were filed with the Zoning Commission last week.
The restaurant will be located on the cellar and ground floor of the new development, and there will be four levels of residential units above the eatery. The residences will average approximately 2,000 square feet. The penthouse level will have a gym and a small terrace. The project is designed by Eduardo Souta de Moura, who won the Pritzker Architecture Prize in 2011. It will provide the opportunity for the architect to design a permanent gateway into one of DC’s most recognizable corridors.
EastBanc Inc. has made its mark on Georgetown, from the luxury 1055 High condos to Cady’s Alley residential to retail spanning numerous blocks of M Street and Wisconsin Avenue. They purchased the property for $4m in March.
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