6-14-19

Real Estate Journal — June 14 - 27, 2019 — 5A

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Kinsley Construction, Inc. serves as general contractor Sequar celebrates groundbreaking of $93 million hotel at 4th and K Streets, NW in Washington, DC W A S H I NGTON , DC — A 247-room Holiday Inn Ex-

contractor. Sequar announced plans for a hotel on the site, to be called Lima, in 2015. The original plan was for 200 hotel rooms with 30 apartments on the

upper floors. A 2016 change in zoning regulations allowed 100% hotel use. A small com- mercial building and auto body shop on the site will be demolished shortly. 

press hotel will break ground this month in Washington, DC’s Mount Vernon Triangle neighborhood. Birchington LLC , owned by Habte Se- quar , closed on a construc- tion loan from Atlanta-based Stonehill Strategic Capital to commence construction on the $93 million project. Projected to open in the fourth quarter of 2020, the 14-story hotel will be located at 317 K St., NW on the north- east corner of 4th and K. BBGM Archi tects o f Washington, DC, which de- signed the new Interconti- nental Washington DC - The Wharf, is the project archi- tect. Urgo Hotels & Resorts of Bethesda, MD will operate WASHINGTON, DC — Aria Development Group has delivered its latest mul- tifamily redevelopment, The Clifton, with 156 contempo- rary apartment homes rang- ing from studios to four-bed- room units, all with nine-foot ceilings and many with pri- vate balconies or terraces. “The Clifton offers a unique opportunity to enjoy the ex- citement of 14th and U Streets while living in an authentic neighborhood and commu- nity,” said Joshua Benaim , founding principal of Aria Development Group. “The building is situated at one of the highest points in the city. You’re perched above all the action on a quiet, tree-lined side street.” “We designed The Clifton for the next generation of apartment living,” Benaim continued. “Aria conducted a study with a group of Harvard Business School students to truly probe how people want to live and shape their life ex- periences in our apartments. We combined their recom- mendations with what we’ve learned developing thought-

SIOR & SIOR Foundation focus on increasing minority particiption in CRE

demic and career development, along with socio-emotional development that embolden each student’s confidence in themselves. “No matter the company, organization, or industry, hav- ing a focus on diversity is a critical element for success,” said SIOR Global president Robert Thornburgh . “SIOR is always eager to help foster bright young minds and a cul- ture of inclusion in commercial real estate.”  provide both tranquil spaces for contemplation and lively gathering spots for social in- teraction,” Benaim noted. “I can imagine residents catch- ing some rays and grilling dinner on the roof deck, col- laborating on creative projects on our co-working tables, then hitting the rooftop penthouse bar and lounge, and finally retiring to the chef’s kitchen for an intimate evening with friends.” Environmental Protection Designed to achieve LEED Silver designation, The Clif- ton features a green roof and permeable pavers, electric vehicle charging stations, high-efficiency windows and insulation, a cool roofing sys- tem, water-efficient landscap- ing, energy-efficient ther- mostats, and extensive use of recycled and/or regional construction materials. Low- carbon transportation will be encouraged with free three- year car-sharing and Capital Bikeshare memberships, as well as storage for up to 80 bicycles. Two Metro stations are located within walking distance. 

WASHINGTON, DC — The Society of Industrial and Office Realtors (SIOR) and the SIOR Foundation , are thrilled to sponsor the 2019 NEXUS Summer Program. The programwill be held at Cornell University in Ithaca, NY, July 14 – July 25, 2019. NEXUS Summer Programs provide gifted and talented college-bound teens with the tools needed to thrive in a post-graduate environment, through a focus on both aca- been thoughtfully curated by Katerina Mishelle . Aria is partnering with New York-basedHomage Fitness to create a cutting-edge fitness center with an energetic vibe and Peloton bikes. For those who love their four-legged companions, there’s also a fully-equipped pet spa. Each apartment at The Clifton is custom-designed to enhance residents’ every- day routines. Contemporary, streamlined kitchens offer Blomberg stainless steel ap- pliances, quartz countertops, and custom-fit cabinet stor- age. Luxurious bathrooms have porcelain and marble tiles, custom Rovere Grigio vanities, chrome fixtures, and framed mirrors with medicine cabinets. Thoughtful details include open shelving for me- mentos, modern heavy-gauge barn-style bedroom doors for extra privacy, and convenient entry closets. Following Aria’s tradition of sustainability and innova- tion, every unit features a smartphone-controlled Nest thermostat. “The building and environs

317 K St., NW rendering

the property, which will fea- ture penthouse-level meeting

rooms. Kinsley Construc- tion, Inc. is the general

Aria Development Group delivers new156-unit apt. building in Washington, DC’s 14 th Street Corridor

The Clifton

fully-designed apartments in DC, Brooklyn, and Miami to create The Clifton.” One stand-out feature that resulted from the Harvard study is a concierge-staffed delivery and pick-up area that includes cold storage for food and flowers, package lockers, and dry-cleaning storage. A sun-soaked rooftop terrace leads to an oasis above the city

with a chef’s kitchen and pri- vate dining room. Cyclists will enjoy controlled-access bicycle storage, repair station, and a separate convenient bicycle entrance. Enclosed parking for cars is below grade. Cunningham Quill is the project architect and Cecconi Simone of Toronto is the in- terior designer. The common areas and model unit have

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