Trophy-Level Transformation.
- 2006 Best Residential Construction Project (Associated Builders & Contractors, Chesapeake Chapter)
- 2005 Best Rehab/Reuse Project (Washington Business Journal Best Real Estate Deals)
Dumbarton Place, a 36-home boutique condominium, reflects the creative transformation of a 1960s-era office building into luxury urban residences before such conversions became fashionable. The property overlooks Rock Creek Park and is located near Dupont Circle in Northwest Washington, DC, close to Georgetown and many cultural and historic landmarks. Developed by a partnership of Monument Realty and The Carlyle Group, the building underwent a comprehensive renovation and conversion of a tired old office building that had been home to Congressional Quarterly magazine for decades.
Playing off the park setting, a highly desirable neighborhood, and abundant existing parking, Monument Realty created a marketing campaign highlighting the ultra-exclusivity of the project that would push the envelope on value, reaching as high as $900/SF in early 2005.
In 2005 and 2006, Dumbarton Place collected awards from Delta Associates (Best New Washington Area Infill Project), the Association of Builders & Contractors (Best Residential Construction Project), and The Washington Business Journal (Best Rehab/Reuse Project).
We Made It Happen.
Joshua A. Olsen
Michael J. Darby
Kenneth Meile (Ken)
