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Release Date: Friday, April 8th 2011

Pop CIty: L'Enfant Lofts bring New York-style living to Penn Avenue

L'Enfant Lofts bring New York-style living to Penn Avenue

Penn Avenue will get a little more posh this summer, with the completion of L'Enfant Lofts.

French for "the child," but also the namesake of architect Charles Pierre L'Enfant, the lofts will feature six boutique units. Located at 806 Penn Avenue, Penn Renaissance, LP took over the stalled condo project already in progress.

"It's going to be a bright light on that otherwise dark half a block at night," says Todd Palcic, principal of Penn Renaissance. "I think the building will add more of the residential mix that we want downtown."

They are working with Pfaffmann + Associates and Arriba Construction to create five units at 1,600 square-feet that will be residential. The sixth 800-square-foot unit can be used for either residential or commercial purposes. Palcic says lofts will be priced between $165,00 and $375,000.

"People have to put more money down now to buy a place, and we're cognizant of that fact. Because we bought the building at such a low price, we're able to pass on the savings to the customer," he adds.

While they are not going for LEED certification, Palcic adds that they are following LEED guidelines with window upgrades, hardwood bamboo floors and ENERGY STAR appliances. L'Enfant Lofts will also feature private outdoor space in all five residential lofts.

The first units at L'Enfant Lofts will be available in early July. With another building on Penn Avenue already under contract, Palcic said they hope to have several more projects in the future.


Writer: Alex Audia
Source: Todd Palcic, Penn Renaissance, LP
 

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