Parking spaces will be available for purchase in a garage specifically for residents, who will also have private elevator access to their units. Hotel guests will primarily rely on valet parking that will be offered outside Canopy, Mickey Papillon, VP at Federal Realty and General Manager of Pike & Rose said. Their vehicles will be parked in the other garages on the property.
One notable aspect of the building is the price range - prices start at $319,900 for a studio, but a one-bedroom for $399,900 sounds like a veritable steal if you consider the amenities, Metro accessibility, and on-site dining options now and at full build-out. By comparison, when the new 7770 Norfolk briefly went condo, its one-bedrooms were starting in the mid-$500s. You could easily buy your parking space and cover condo fees with the $100,000+ you saved here - and have breakfast at Carluccio's in the morning.
Here are the floorplans that were on display (click to enlarge for detail):
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| Studio |
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| 1-bedroom (the upside down V is the easel showing through, not part of the floorplan) |
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| 2 bedrooms, 2 baths plus den and balcony |
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| 2 bedrooms, 2 baths |
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| 2 bedrooms, 2 baths plus balcony |
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| Scale model of the future 930 Rose/Canopy by Hilton building |
Attendees enjoyed appetizers from the kitchen of City Perch, cocktails and wine from the bar, and the first non-rainy day in two weeks on the restaurant's outdoor terrace.
What are the condo fees like?
ReplyDelete5:32: That was one detail I did not find out.
ReplyDeleteThey keep boasting about hotel amenities but the relevant condo fees aren't available. Hope it's not too outrageous.
DeleteI do like the concept of hotel-style amenities. I would like to buy one of these to have on hand for when guests come to town. We can offer them something more personalized than a hotel, especially when it comes to decor, but also not burden them with any housekeeping tasks. It seems like Pike and Rose gets better every day.
ReplyDelete"What are the condo fees like?"
ReplyDeleteWas wondering the same thing. The units seem to be relatively affordable, compared to all the new product popping up around downtown Bethesda, but with the same level of amenities.
Nice pictures and solid, well-detailed write-up.
(It's like there's too Robert Dyers lol)
New buildings tend to set condo fees low. Then once things are running for a couple of years and the newly formed condo board realizes they need reserves, etc. the fees go up.
ReplyDeleteI love the idea. Do you think Pike & Rose will have the traffic for the hotel? The concept works great in NYC, but those buyers aren't always going to live there.
ReplyDeleteAs a condo owner, I look at the nice building and amenities, and "condo fees" does pop out at me. I have a friend living in a similar type of building in Arlington, where some floors are hotel and the residents can use the hotel amenities. It has a 24-hour staff front desk and so on. His condo fees on a studio were over $700/month.
ReplyDeleteI was at the event last night and asked about the condo fees. The representative said they would be $0.60/square foot. There will be many amenities exclusive to the residents, plus many services they can access (and pay for) like hotel guests, including room service. Those condo fees do seem relatively low. And I have also experienced buying into a new condo building only to have the fees rise dramatically after the building filled up.
ReplyDelete7:32: Thanks.
DeleteWas this on the same night as Bethesda Magazine's big party? I see they posted photos online, and everything down to the urinals had a sponsor. I know they stated some money went to charity, but I'm guessing the majority went into the pockets of the magazine's owners.
ReplyDelete9:10 AM How many businesses did they sell "Editor's Choice" awards to? Soup Up is a wonderful case study.
ReplyDelete@9:20 It's a simple strategy -- define each category every narrowly so only the paying advertiser wins. In Soup Up's case, I think they won the "Best soup restaurant in a former vacuum cleaner store" category. Very prestigious!
ReplyDeleteHmmm... $319K for a studio or $399K for a 1 bedroom? I would rather buy a house in Randolph Hills right down the street with 3 bedrooms and a yard. Jebus...
ReplyDeleteTo add to my initial thought... The condo fees alone could cover landscaping, a maid, etc etc. And you have the option to expand your home.
ReplyDelete$399K for new construction and all these amenities isn't bad!
ReplyDeleteAmenities and the price point are less relevant than the condo free, no?
Deleteat $319,000, maybe they're cheap enough that Dyer can move out of his mom's basement?
ReplyDelete1:37PM = Dyer fanboy seeking Dyer's attention
ReplyDeleteAnd 2:01 defends Dyer why?
Delete6:57 Because bullying is wrong?
ReplyDeleteWhy do you care?
15 minutes this time. From the one who "doesn't care".
ReplyDelete8:43 AM cares deeply about attention from Robert Dyer #fanboy
ReplyDelete7:12 here. What the heck am I missing? Is there some secret code to posting that I don't know about? Twice I post and twice I haven't waited long enough? Are you a group of friends that I'm butting in on? If so, let me know and I'll stop.
ReplyDeleteI'm so confused.
I think it's just followup from when Dyer and his supporters used to accuse anonymous commentors of being the same person due to time stamps being right after one another. So those trolling Dyer tagged on to that and throw it back.
Delete12:33: Uh, "Dyer and his supporters" never said any such thing. You make it easy to tell you're the same troll by using the same tired phrases, and by the fact that the negative comments all mysteriously stop when you are busy or on vacation. Not the sharpest tool in the drawer, but a tool for sure.
DeleteActually I post while on vacation so not sure what you're thinking.
Delete"the negative comments all mysteriously stop when you are busy or on vacation."
ReplyDeleteIf you eliminate both "busy" and "on vacation", what does that leave you?
Birdbrain.
3:07: It leaves you with someone who is, to use your words, "bored at work." Working for Hans Riemer can do that to you, I guess. He's super low energy.
ReplyDeleteWow what a cyber bully Dyer is. Jumping on Riemer who has nothing to do with these trolls and commentors and shills. Don't you have anything better to do? Or are you just "bored at work"?
DeleteUhmm...how does Dyer know when his anonymous posters are on vacation? Should we be concerned about stalking?
ReplyDelete