A recent sale by R&R Residential Brokerage was a condo at 555 Massachusetts Avenue NW, Washington DC in the Mount Vernon Triangle neighborhood. The condo has an open floor plan and a balcony that offers a view of the city and Washington Monument. 555 Massachusetts Avenue condo building offers a roof deck with a pool, grills, and tables and seating, plus a gym and community room on the ground floor.
The Mount Vernon Triangle neighborhood has seen a number of changes over the last decade plus. Today the neighborhood is a thriving urban village, offering restaurants (such as Silo, Engine House, Bus Boys and Poets and about 40 other places to eat), grocery store (24 hour Safeway), gyms, offices, other shopping opportunities, all the items you would think of or need in an urban location.
Originally the area was full of Victorian-style townhomes in the early 1900s but went through a period of decline and in 1977 DC government used eminent domain to purchase large areas of land in the neighborhood to begin redevelopment. The first Washington Convention center was constructed nearby at New York, 9th Street, H Street and 11th Street NW, in 1980, and at the time of completion the 800,000 SF building was the fourth largest facility in the US at the time. In 2002, the city and developers started further re-developing the neighborhood and established the Mount Vernon Triangle Community Improvement District (CID) in 2004.
Mount Vernon Triangle neighborhood today has four high-rise condo buildings and several rental buildings. According to a recent Washington Post article, there are 3,691 condo units and 2,607 apartment units and more than 1.7 million square feet of office space either existing or under construction.
Mount Vernon Triangle is bordered by New York Avenue to the north, New Jersey Avenue to the east, Massachusetts Avenue to the south and Seventh Street to the west. The neighborhood takes its name from Mount Vernon Square, which is across from the Washington Convention Center and is home to Carnegie Library. Being in the heart of the city, offers many transportation options. It is an easy walk to many locations in the city, Capital Bikeshare has several stations in the neighborhood, and three metro stations are nearby (Gallery Place with the red, green and yellow lines, Metro Center with the red, blue and orange lines and Mount Vernon Square/Convention Center with the yellow and green lines). The neighborhood being along New York Avenue, there is access to 395 going both north towards Baltimore and south to Virginia and Union Station is further down Massachusetts Avenue to the east.
Mount Vernon Triangle is a bustling urban neighborhood with a lot going on and new construction for residences, such as 460 New York Avenue, as well as more office space in the works. The neighborhood offers a location in the heart of Washington DC that has just about everything a resident could need or easy access to.
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