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On the Market: CityVista
By MJ Lee
Comments () | Published June 23, 2009

What: CityVista  

: 1045 5th Street, NW

The Neighborhood: Mount Vernon Triangle looks very different today than it did five years ago. In 2002, the DC Office of Planning came up with a plan to revitalize the area. Bordered by 7th Street, New Jersey Avenue, New York Avenue, and K Street, the 15-block area east of downtown DC is being transformed from parking lots and vacant buildings into a vibrant residential neighborhood. CityVista, a mixed-use development at the corner of 5th and K streets, is at the heart of the project.

According to Jonathan Loewenberg, a sales manager at CityVista, the revitalization project has done wonders for the neighborhood. “With so many retail stores coming in, a large number of jobs are being created,” said Loewenberg.  “And by the same token, the redevelopment is generating a lot of tax revenue as thousands migrate here and to surrounding neighborhoods.”   

Floorplans and Prices: The residential component of CityVista is made up of three buildings: the L and the K, which are condominiums, and the V, an apartment building. The 149 condos in the L are sold out, but the 292-unit K still has about 85 units available.

Floorplans in the K include one-bedrooms, one-bedrooms with dens, two-bedrooms, and two-bedrooms with dens. Prices range from the mid $300,000s to the high $700,000s. Each condo has floor-to-ceiling windows and a sleek modern look; some units have terraces and balconies.

Building Amenities: CityVista has a club room with a fireplace, flat screen TV, bar, and kitchen, as well as a rooftop deck with a swimming pool and hot tub that have breathtaking views of the city. The Vista Green, in the middle of the three buildings, is a one-acre private park for residents.

Retail: The first two floors of CityVista include a Safeway grocery store, Results Gym, and the third outpost of Busboys and Poets, a popular local restaurant.



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Posted at 11:37 AM/ET, 06/23/2009 RSS | Print | Permalink | Comments () | Blogs