Another sign that the market has turned, following the announcement that Garfield Park at Clarendon Village received $48M in financing to begin construction, we now hear DC-based luxury condo developer Abdo just secured $82M to start their Gaslight Square Condominium Project. You may remember Abdo from their recent condo project: The Wooster and Mercer Lofts in Rosslyn, well they’re at it again with this new project.
Gaslight Square will be a 117-unit condo project located on 2.5 acres bounded by Clarendon Blvd and16th Street. Located between the Wooster and Mercer Lofts and the Bromptons at Courthouse, otherwise known as North Quinn and North Queen Streets. The Gaslight units will have private elevator access, large outdoor balconies, patios and terraces.