NOMA is booming, H Street is booming, it makes sense that the there will be demand to build housing in the area around Union Market as well.
500 Units and 40,000 Square Feet of Retail Proposed for Union Market
May 8, 2014
By Lark Turner
Urban Turf
Image courtesy of Urban Turf.
"Edens Realty is planning a massive mixed-use development adjacent to Union Market at 1270 4th St. NE (map). The 11-story, 110-foot development will have about 40,000 square feet of retail and 420 to 520 residential units across 370,000 square feet. The units will range in size from studios to three-bedrooms.
According to a planned unit development (PUD) submitted to DC’s Zoning Commission, the residences, which will face 4th Street, will be built on top of existing warehouse space that will be converted into high-ceilinged retail. The goal is to create “an exciting vibrant mixed use retail and residential project on the site that will provide a key step in the direction of the revitalization of the 45-acre Florida Avenue Market,” according to the documents..."
http://dc.urbanturf.com/articles/blo...on_market/8461