Description
2002 11th Street, N.W. is a prime development site in the established U Street Corridor. Currently entitled for up to 36,000 SF of multifamily, the site sits approximately 40 feet off the intersection of 11th and U Streets, N.W. Consisting of approximately 3,423 SF, the site is zoned ARTS-4, allowing for medium to high density mixed-use development with a maximum FAR of 6.0 by right. Additionally, the property is unique because it includes the air rights for the adjoining historical structure (Industrial Bank), allowing new ownership to build 10-stories high, allowing for large, southern facing windows and monument views. The property boasts a 99 walk score and is located less than 3 blocks from the Metro (Green Line) along the U Street Corridor, well-established as a cultural and nightlife destination.
Description
2002 11th Street, N.W. is a prime development site in the established U Street Corridor. Currently entitled for up to 36,000 SF of multifamily, the site sits approximately 40 feet off the intersection of 11th and U Streets, N.W. Consisting of approximately 3,423 SF, the site is zoned ARTS-4, allowing for medium to high density mixed-use development with a maximum FAR of 6.0 by right. Additionally, the property is unique because it includes the air rights for the adjoining historical structure (Industrial Bank), allowing new ownership to build 10-stories high, allowing for large, southern facing windows and monument views. The property boasts a 99 walk score and is located less than 3 blocks from the Metro (Green Line) along the U Street Corridor, well-established as a cultural and nightlife destination.
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