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Wednesday, September 09, 2020
Work begins on construction of The Claiborne in Bethesda
After years of expectation, work has now officially begun on The Claiborne, a boutique luxury condo building that will rise at 4820 Auburn Avenue in downtown Bethesda. Excavation began Tuesday at the site. There are still some vacant buildings left to be demolished.
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3 comments:
Thanks for the photos. It still amazes me that developers can play such a long game. At least two dozen unsold condos in the four newest projects are still available. I suppose these could be flipped to apartments, like they did at 7770 Norfolk.
Of course this project will take at least 2 years to build. It’s nice to see that some developers are willing to take a risk and to push forward in this economy and pandemic.
Any word on the mixed-use apartment tower at La Madeline? They were supposed to start construction in June.
I share your amazement at the long game!
7770 Norfolk was originally an apartment, flipped to condos, and then flipped back.
The last time there was construction around Gallery 1 (for the construction of Gallery 2), I got a year of free parking and 2 months' free rent. I imagine you can get better incentives this time around, especially with the people already moving out (buying houses or moving to bigger places)
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