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Thursday, February 16, 2012

Curbed: Prices for the Flats @Atlas & a Sova Brunch

Curbed discusses the amentinites to get for the price over at the Flats at Atlas (1600 Maryland Ave), and an associated welcome brunch at Sova (1359 H Street) this Saturday from 10:30am-12:30pm.

14 comments:

HStResident said...

It does sound overpriced by about $100 - $200. Until dependable fixed transportation (i.e. streetcar) is up and running this place is going to have a hard time convincing people that the amenities (which are very nice) are worth $1500 a month for a studio while living way out in no man's land.

tonysmallframe said...

Studios starting at $1500
1 Bedrooms starting at $1680
1 Bedroom/Dens starting at $1930
2 Bedrooms starting at $2150
2 Bedroom/Dens starting at $2530


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inked said...

These are cheaper than the units going in at <a href="http://rhodeislandrow.reachlocal.com/?scid=2507495&kw=17462181&pub_cr_id=879206024>Rhode Island Row</a>. Those are right next to the metro and a grocery store, but little else is close by.

The Flats at Atlas also seem to have better amenities. Once the streetcars are running the transportation connection will be even stronger, and the theater, live music, restaurants, and bars of H Street are right there.

Hank said...

I would never rent an apartment for that much in this area, but I won't be surprised when a bunch of people start moving in.

Rent is crazy high in DC and these will be very nice apartments that will be safe (once you're inside) They'll have a gym, parking and other perks. A lot of young people will want to live close to the bars on H

On another topic- No disrespect Inked but Is it time to stop saying when the streetcars are running? We've been saying this for a few years now like it's right around the corner. And it looks like it's going to be another 2 years at least before any street car goes down H Street.

I'm going to be more realistic and say "If the streetcars ever start running"

inked said...

Hank,
I agree that we're likely looking at more delays for the streetcar (notice I didn't give a date, or even a year), but I'm fairly certain it'll happen pretty soon.

hank said...

Cool- Let's hope so!

dt said...

My first reaction is that the prices are too high. Then again, they seem to track well with other luxury apartment buildings in DC (also often managed by Bozzuto).

Senate Square is probably one of the most relevant examples - when they opened in 2008, the neighborhood was still considered pretty sketchy. It took a couple of years for it to fill up, but once it did the neighborhood changed pretty fast in terms of how it was perceived (and probably in terms of how safe it was, since there was more foot traffic in the surrounding streets).

Yes, SS was next to Union Station and this isn't, but FaA is awfully close to H St, it's got two grocery stores, a drugstore, easy access to the regions highways for the car owners, and will have ground floor retail. If this follows a similar pattern to SS, and I bet it will, it will fill up in maybe a year and then spur more development and interest on the east end of H just by virtue of the higher population density.

Anonymous said...

I can't really imagine 400-500 new middle and upper class people living in the neighborhood... in Carver Langston!

It's gonna be interesting when this place fills up...

MiCoBa said...

I'm gonna agree with dt. I raised an eyebrow when first glancing at the price but those are some amazing amenities without having to buy a condo.

inked said...

That link shoul have been Rhode Island Row.

oboe said...

@tonysmallframe:

Is it funny that people are going to pay those prices? Or is it that you don't think they'll rent?

Should be interesting either way.

oboe said...

@HStResident:

I'm guessing that to the demographic who is able to spend $1500/mo on a studio apartment, an extra $100-$200 per month will make zero difference.

Anonymous said...

As someone who owns a house in Carver/Langston, I HOPE they get those prices!! Though, I have to admit I am cautiously optimistic about this project...

tonysmallframe said...

I think it's funny that people would pay those prices. Then again, Ms. Smallframe looked at the site and said it's really not that bad. So, perhaps I'm just a cheapskate?