Chase Point
Washington, D.C.

PROJECT DETAILS

  • 185,000 SF residential development
  • 107 luxury condominium units

JOINT VENTURE PARTNER

  • PN Hoffman

PROJECT COST

  • $80 million

YEAR COMPLETED

  • 2007
See Project Description

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PROJECT DESCRIPTION

Among the Washington, D.C. region’s most successful condominium communities, Chase Point is located adjacent to the Friendship Heights Metro station in the Chevy Chase neighborhood. StonebridgeCarras recognized the potential for a high-end residential offering in this dynamic, high-density location, previously the site of an aging medical office building, and worked closely with neighborhood representatives and the District of Columbia’s Office of Planning to create a unique redevelopment plan. Community benefits include a 3,000 square foot daycare center and five affordable housing units, which were the first voluntary affordable units at the time.

Upon gaining the land entitlements, StonebridgeCarras formed a joint venture with PN Hoffman, a leading condominium developer, to construct and market Chase Point. The 107 unit building offers a wide variety of floor plans and has been recognized as one of the region’s most luxurious, with amenities that include a concierge, building security, a fitness room, a club room, a conference center, and garage parking. Penthouse units also feature expansive private roof decks. Upon its completion in 2007, Chase Point had pre-sold more than 90 percent of its units at record sales prices.

Chase Point
Washington, D.C.

PROJECT DETAILS

  • 185,000 SF residential development
  • 107 luxury condominium units

JOINT VENTURE PARTNER

  • PN Hoffman

PROJECT COST

  • $80 million

YEAR COMPLETED

  • 2007
See Project Description Print Project Card

PROJECT DESCRIPTION

Among the Washington, D.C. region’s most successful condominium communities, Chase Point is located adjacent to the Friendship Heights Metro station in the Chevy Chase neighborhood. StonebridgeCarras recognized the potential for a high-end residential offering in this dynamic, high-density location, previously the site of an aging medical office building, and worked closely with neighborhood representatives and the District of Columbia’s Office of Planning to create a unique redevelopment plan. Community benefits include a 3,000 square foot daycare center and five affordable housing units, which were the first voluntary affordable units at the time.

Upon gaining the land entitlements, StonebridgeCarras formed a joint venture with PN Hoffman, a leading condominium developer, to construct and market Chase Point. The 107 unit building offers a wide variety of floor plans and has been recognized as one of the region’s most luxurious, with amenities that include a concierge, building security, a fitness room, a club room, a conference center, and garage parking. Penthouse units also feature expansive private roof decks. Upon its completion in 2007, Chase Point had pre-sold more than 90 percent of its units at record sales prices.

Chase Point
Washington, D.C.

PROJECT DETAILS

  • 185,000 SF residential development
  • 107 luxury condominium units

JOINT VENTURE PARTNER

  • PN Hoffman

PROJECT COST

  • $80 million

YEAR COMPLETED

  • 2007

Among the Washington, D.C. region’s most successful condominium communities, Chase Point is located adjacent to the Friendship Heights Metro station in the Chevy Chase neighborhood. StonebridgeCarras recognized the potential for a high-end residential offering in this dynamic, high-density location, previously the site of an aging medical office building, and worked closely with neighborhood representatives and the District of Columbia’s Office of Planning to create a unique redevelopment plan. Community benefits include a 3,000 square foot daycare center and five affordable housing units, which were the first voluntary affordable units at the time.

Upon gaining the land entitlements, StonebridgeCarras formed a joint venture with PN Hoffman, a leading condominium developer, to construct and market Chase Point. The 107 unit building offers a wide variety of floor plans and has been recognized as one of the region’s most luxurious, with amenities that include a concierge, building security, a fitness room, a club room, a conference center, and garage parking. Penthouse units also feature expansive private roof decks. Upon its completion in 2007, Chase Point had pre-sold more than 90 percent of its units at record sales prices.