Neighborhood Watch

Condos vs. Rentals: Chapman Stables Project in Truxton Circle Chooses Condo

A new residential project in Truxton Circle will be adding 110 new condominiums to the neighborhood in lieu of rental apartments. Chapman Stables is a new luxury project that is redeveloping a former garage and stables into a large new project. The address is 57 N Street, NW.

The project combines two lots – the historic stable and a vacant lot. The historic stable was built over 10 years from 1906 to 1916 and has been used as a coal yard and garage in addition to stable. It also used to be the former home of the Brass Knob warehouse, which left the space about 6 years ago. Four Points is the lead developer in the project and projected prices for units will be between $300,000 to over $1 million.

Since the project has historic elements, the stables will have a “glassy third floor” added and a new building will be build on the vacant lot to a height of 5 stories. The unit density has recently dropped from 120 units to 110 units due to a request by the Historic Preservation Board for a lower new roof addition.

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