Metro DC Luxury Living

The City Ridge Project in Northwest, Washington DC is coming to fruition...the city’s first Wegmans

Wegmans, The Branches opening at City Ridge, DC

Washington, DC’s first Wegmans to open in July

The City Ridge Project in Northwest, Washington DC is coming to fruition with the opening of the city’s first Wegmans and the development’s first apartment building. According to reporting from WTOP and personnel at the project, a Wegmans will be opening in July. Although Wegmans has 20 units in the DMV, according to WTOP, City Ridge Wegmans will be the first of the chain’s grocery stores to open within the city’s borders.

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A new marketing campaign has announced the Ritz-Carlton Residences in Chevy Chase

Ritz-Carlton Residences debut in Chevy Chase

Marketing campaign promotes upscale living in 65-unit condo community

A new marketing campaign has announced the Ritz-Carlton Residences in Chevy Chase. A recent email describes the community as “iconic living” and “effortless beauty.” The Washington Business Journal reported on the partnership between The Bozzuto Group and Ritz-Carlton Residences in October.

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NRP Highland District, Modera at Kirkwood, Ames Center revelopment, Rosslyn show appetite for luxury rentals

Luxury residences continue rising in Northern Virginia

Despite a softening in rental prices, pivotal planned projects continue

Construction on luxury residential units continues in the Northern Virginia Region despite the fact that apartment rental prices have been depressed during the pandemic-induced economic softening in the area. Northern Virginia rental rates dropped more than 7 percent, according to a Washingtonian report in October. Nonetheless, pivotal projects in the region are ongoing based on projected demand, particularly in neighborhoods that are being transformed into more walkable communities.

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Only 2 residences remain at The Lauren in Bethesda, MD. Urban Pace is in the process of selling the last units at this prestigious building.

The Lauren condominiums nearly sold out: Urban Pace

One unit under agreement for over $3M

The Onyx Lounge at The Lauren. Photo by The Lauren. Only two units remain at the Downtown Bethesda MD luxury condo building.
The Onyx Lounge at The Lauren. Photo by The Lauren.

According to Urban Pace, a sales and marketing services firm in real estate development, only two luxury residences remain at the prestigious The Lauren condo building. During the pandemic, two units went under contract, including a residence over $3M. Part of the popularity has been the outdoor living spaces that come with the luxury-rich residences in Downtown Bethesda.

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Scotts Run adds residential towers, corporate hotel and entertainment venue in Tysons, VA

Scotts Run in Tysons adds shipgarten, Skanska residential tower, corporate hotel

Walkable community next to McLean Metro Center just months from opening

The mixed-use Scotts Run development, which encompasses 6.5 million square feet in Tysons, Va., is taking shape. The project sits adjacent to the WMATA McLean Metro station and the Capital One Campus. Dolley Madison Boulevard divides Scotts Run South and Scotts Run North. An entertainment space, managed by Capital One, is emerging, along with corporate office and amenities space and a corporate hotel structure, to the north of the McLean Metro station tracks. Cityline Partners serves as the master developer for the entire Scotts Run project.

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The Waycroft Apartments begin pre-leasing

The Waycroft begins pre-leasing apartments in Arlington

Ballston’s The Waycroft brings latest in luxury living to Arlington

Pre-leasing began at The Waycroft luxury apartment residences, which debut in spring 2020. Developer Saul Centers created three separate buildings in a community that will boast 491 apartments. One- and two-bedroom townhomes with separate entrances are also part of the Waycroft community. The building stands prominently at the intersection of Glebe Road and Wilson Boulevard. Floor plans range from studios to three-bedroom units.

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The Batley Apartments in Washington, DC, near Union Market, begin leasing

The Batley begins leasing its luxury apartments above La Cosecha

In the Union Market environs, compact living with creature comforts

The Batley luxury apartments in Washington, D.C. began leasing last month. La Cosecha Latin Market will be part of the retail space in the historic building near Union Station. The Batley kept is throwback look with a historic, brick-accented street-level facade, contrasting its modern template for the residences above. The project was finalized and delivered by Level 2 Development. A total of 432 luxury residential will lease up in the 11-story building.

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Porsche North America posted record U.S. sales, including Porsche Cayenne

Porsche Cars North America has record sales month

Next-generation Cayenne quadruples sales

If you have it, flaunt it. That’s the saying in some circles, and an outlook working well for Porsche Cars North America. The U.S. importer and distributor of Porsche vehicles, including the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model had a record sales month. During July, 4,956 vehicles were sold, setting a new record, up 23.3 percent from the same month last year.

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