Urban Pace sells out Victoria on 14th Street, built by Drummond Development
Washington, DC — Urban Pace, one of Washington, DC’s leading new home sales and marketing firms, has sold out Victoria, an all-new condominium in the dynamic 14th St. Corridor in Washington, DC. Victoria’s condominium homes sold from $350,000 to $1,077,000, with a top price of over $800 psf.
Built by Drummond Development, Victoria features elevator service, underground parking, outdoor spaces, and some of the best views in the city. Located at 1443 Chapin St., NW, just steps from historic Meridian Hill Park, Victoria has 16 one- and two-bedroom residences including four luxurious duplex penthouses.
Urban Pace president Lynn Hackney said: “Victoria sold at prices that exceeded our expectations, a testament to the project’s quality construction and excellent location with the best of both worlds: the tranquility of Meridian Hill Park and proximity to the restaurants, shops, and nightlife along 14th and U Streets.”
Drummond principal Steve Schwat said: “For a long time, we have aimed to build condominium homes that differentiate themselves from the rest of the product in the market. Quality in design and construction as well as thoughtful amenities help to create homes that our buyers appreciate. We were able to achieve such a high price per square foot at Victoria thanks to the project’s DNA, the market, and the skills of our sales partner, Urban Pace.”
Victoria is the second condominium project on Chapin St. completed by Drummond Development, the for-sale division of Urban Investment Partners. Meridian Heights, completed in 2005 at 1421 Chapin St., is among a number of condominium projects built or renovated by Drummond in the last few years, including The Archbold, Providence Square, Penn Circle, The Drummond, and WY18.