A planned conversion of a Class-B office building into residences, also bringing one of the country’s most famous Japanese restaurants to the West End, plans to open in 2017.
PRP Real Estate Investment Management acquired a nine-story building at 2501 M St NW back in 2014. The company plans to convert five of the floors into high-end condos with the ground-floor space set to house Nobu, the world-renowned Japanese restaurant, Urban Turf reports.
For the residential portion, plans call for 58 high-end condos ranging from 950 to 2,400 SF, which are scheduled to start delivering in 2017. Amenities will include valet parking, a fitness center and yoga studio, and concierge services. Nobu is scheduled to open at the end of this year and will include a main dining room plus a sushi bar, with additional space for two private dining rooms and patios.
CORE has been tasked with design, while Mayhood Co has been enlisted to handle sales and marketing. As one of the more expensive places to buy a home in DC, it’s little wonder that condo developers are showing increased interest in the West End. [UT]
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