Squatters Move Into Site Of Stalled Dupont Condo Project

A developer bought three adjacent Dupont Circle row houses in 2015 with plans for a luxury condo project, but as the development awaits approval, some unwelcome residents have begun calling the site home.

The vacant properties have been left unkempt and trash-filled, and they've begun attracting homeless people, whom neighborhood residents have seen squatting in the buildings, the Washington City Paper reports.

21 Dupont LLC, registered by investors Jud Allen and Jeff Neal, bought the properties in September 2015 for at least $6.5M. The plan to build a 15 to 20-unit luxury condo building has stalled because of concerns about the proposed height increase.

The developer hopes to begin construction in early 2017, but until then it is unclear what will, or can‚ be done about the squatters and shabby conditions of the vacant properties. [WCP]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing