1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

1321 21st Street NW
Washington, DC

The Newport 21 Condominiums

1321 21st Street NW
Washington, DC

Key Facts

Acquired:       June 2012

Unit Count:   6

Product:        Condominiums

Size:               5,900 SF

Disposed:     June 2014

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TRG acquired a single family row house located at 1321 21st Street NW, Washington, DC in June 2012 in the popular western side of the Dupont Circle neighborhood.

While functionally obsolete and neglected, the existing structure had a stellar location and a large zoning envelope which offered the potential to significantly expand the building’s density. This was an attractive project due to limited availability of development opportunities and a challenging entitlement environment that has resulted in very little new residential product being delivered into this submarket over the last five years. Through the time-consuming entitlement process, TRG was able to negotiate a design with the Historic Planning Office, which received the approval of the Historic Preservation Review Board resulting in greater density for the site.

The Development Plan for this project included the renovation of the existing building to include six luxury condominium units ranging in size from a 500SF one-bedroom to 1,250SF two-bedroom, two and one-half bath. The building was completely renovated with new framing, electrical, plumbing and mechanical systems installed. Excavation and underpinning of the basement level allowed for two additional one-bedroom units. All units benefited from other unique design features including a large hidden panoramic roof deck for one unit and the availability of shared outdoor space including a private garden and grill area.

The historically protected exterior was maintained and further enhanced by the installation of new historically accurate windows and an energy efficient roof with a hidden addition. To accommodate Historical Review Board guidelines, an edgy and modern design for the rear façade provides a clear delineation from the character of the existing structure.

The thoughtful project and unit design, attention to historic elements and additional time required to receive the approvals for the Development Plan were validated by the market as the project was delivered in May 2014 and was sold out within 30 days. The Washington Post and other news outlets have recognized this project as an outstanding example of historic preservation and adaptive re-use.