SOURCE: The Neighborhood Development Company

The Neighborhood Development Company

April 21, 2010 16:32 ET

The Neighborhood Development Company Announces Latest Condominium Project "The Chelsea"

WASHINGTON, DC--(Marketwire - April 21, 2010) -   The Neighborhood Development Company announces the Grand Opening for their latest condominium development "The Chelsea." The Chelsea is a 9 unit boutique luxury condominium building located at 1461 Girard Street, N.W., in Washington, DC. Acquired in December of 2009, construction began on the project in March and will be completed in May. With a location convenient to Columbia Heights, Adams Morgan, and the U Street Corridor, it is a unique renovation of a previously vacant and neglected historic building that includes original fireplaces and balcony units. PGN Architects, PLLC ( is the architect for the project while the Moseley Construction Group ( is serving as the general contractor.

Sales and marketing are being managed by UrbanLand Company ( and information on the project can be obtained by going to the project's website Financing is being provided by City First Bank of DC (

About the Company

The Neighborhood Development Company (NDC) is a unique real estate development company that focuses on the revitalization of emerging urban neighborhoods. The company's mission is to create exciting residential and commercial properties that advance the revitalization of urban neighborhoods while respecting the rich diversity of their existing fabric. Founded in 1999, the company has completed the development of over 425,000 square feet of real estate, with another 100,000 square feet underway, and is a joint venture participant in other projects representing nearly $2 billion in investment. NDC has led the revitalization of the District's vital Georgia Avenue corridor, with over 400 housing units constructed or under development in this area. NDC has received numerous awards and has been recognized in numerous national and local publications and has been a member of Black Enterprises' "BE 100" for the past two years.

Contact Information

  • Contacts:
    The Neighborhood Development Company
    Juan H. Powell, Principal
    Email Contact