2 Patterson NE
On July 1, the DC government announced that the development team consisting of Monument Realty, Morningstar Community Development, The May Firm, and Community Housing Partners was selected out of six proposals for the development of 2 Patterson NE – a one-acre, city-owned parcel at North Capitol Street in the city’s NoMa neighborhood. The plan is to build a 13-story building with 577 rental units (including 325 affordable units) and 18,000sf of retail space.
In December 2018, DC-based Monument Realty purchased the 25,454sf lot at 40 Patterson NE, which is adjacent to 2 Patterson NE, for $12.5 million. It plans to develop a 310-unit apartment building with 10,000sf of retail, according to Bisnow.
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Last Updated on July 2, 2019 by Ramin Seddiq