old news: 1324 North Capitol Street NW sold for $6,600,000 — to be developed into a Sonder “hotel”

Oh, this is from the Friday, 09-27-2019, Washington Business Journal “Commercial real estate transactions” column:

North Capitol Hospitality LLC to 1324 North Capitol Street NW LLC, 1324 North Capitol Street NW, Washington DC 20001, Lot 152 Square 617, $6,600,000.

This relates to this 09-12-2019 Washington Business Journal article:

Hospitality unicorn Sonder expected to lease planned Truxton Circle apartment building

So this empty lot that formerly was going to be developed as a Homewood Suites hotel will be developed mostly as a Sonder “hotel.”

This WBJ article mentions that groundbreaking is expected in the 4th quarter of 2019 and delivery in 18 to 20 months.

Here is the supplied architectural rendering of the finished product.

1324 North Capitol St NW

FYI.


Question, comment, or suggestion?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s