The Current
Despite a slowing real estate market, small D.C.-based company Level 2 Development is breaking into the big-time condo market in a dramatic way, with two buildings and more than 400 condos slated for the 14th Street corridor, along with an innovative sales office to reel in the numbers needed to sustain such a vision.
The two-person firm, run by D.C. natives David Franco and Jeff Blum, has partnered with a Chicago development giant, Centrum Properties, which has been poised to enter the D.C. market for some time, according to Level 2 Development. The first building, View 14, is a nine-story, 180-unit, $80 million project currently in its pre-construction phase on the northeast corner of 14th Street and Florida Avenue. It will be completed by fall 2008.
Despite a slowing real estate market, small D.C.-based company Level 2 Development is breaking into the big-time condo market in a dramatic way, with two buildings and more than 400 condos slated for the 14th Street corridor, along with an innovative sales office to reel in the numbers needed to sustain such a vision.
The two-person firm, run by D.C. natives David Franco and Jeff Blum, has partnered with a Chicago development giant, Centrum Properties, which has been poised to enter the D.C. market for some time, according to Level 2 Development. The first building, View 14, is a nine-story, 180-unit, $80 million project currently in its pre-construction phase on the northeast corner of 14th Street and Florida Avenue. It will be completed by fall 2008.