Maryland-Based Duball Plans Office-to-Resi in D.C.
By Greg Cornfield July 1, 2024 6:05 am
reprints
An office known as the Longfellow Building in the historic Dupont Circle neighborhood of Washington, D.C., is on track to be converted into a multifamily property.
Rockville, Md.-based Duball filed plans last week to flip the 1940s structure at 1201 Connecticut Avenue NW into 161 apartments and ground-floor retail. Business Journals first reported the plan.
BrightSpire Capital owns the asset. The Los Angeles-based firm previously financed the office, and acquired it at foreclosure auction in November for $21.1 million following a default by previous owner coworking company Expansive. According to marketing materials from JLL, the building is currently 68 percent leased.
D.C.-based Maurice Walters Architect designed the conversion project.
Gregory Cornfield can be reached at gcornfield@commercialobserver.com.
