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Showing posts with the label kettler

Utility Work on Flats at Atlas II Site

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Dirt is being moved at the site of Flats at Atlas Phase II in Carver Langston; at least for utility works.  The original Flats at Atlas building opened in 2012 with 257 units and 3,450 square feet of retail. The new building, Phase II, is located at 1676 Maryland Ave NE, just east of the current site. There is an empty lot there at the moment. A joint venture with Kettler & Westbrook Partners acquired the current building and the adjacent lot for $95,000,000 almost exactly three years ago. Phase II is expected to add another 325 units and be 5 stories tall, with no new retail. This second building has always been planned to accompany the original building, so many of the amenities like on-site parking deck were built to accommodate the total number of apartments. They will also share the circular drive area on Maryland Ave.  I have yet to see renderings or a site plan for Phase II, but there was an ANC meeting about two years ago outlining the outer rim la...

Flats at Atlas Looking to Expand

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Foreground: Site of new Flats at Atlas addition. Background: Existing building. Kettler, a Virginia-based real estate development and property management company,  recently purchased the Flats at Atlas apartment building located at 1600 Maryland Ave NE. The Flats development was always planned to have two phases. The first was built and currently has 257 rental units, an interior parking garage, and a small retail component on the Bladensburg Rd side. Now Kettler is starting the process of adding a second, adjoined building. All we know so far is that the new building will have five floors and 325 units, amenities similar to those of the first building, and will share a common driveway roundabout and parking deck with the existing building (it was originally built for the combined capacity). The new building will fill out the block bound by K Street, 17th St, Maryland Ave, Neal St, and Bladensburg Rd. The lot where the new structure will exist is currently occupied by t...