In 2005, IBG purchased the historic Yale Steam Laundry site on New York Avenue in the vibrant Mt. Vernon Square area of downtown Washington, D.C. The site is just 3-blocks from the new D.C. Convention Center and includes a 30,000 SF industrial laundry building and a total of 70,000 square feet of land. Construction is near completion on the first phase of what will be a 359-unit project.
The 359 units will be divided between the historic Yale Steam Laundry building (16 lofts), a new Yale East tower (133 units) and a new Yale West tower (210 units). Amenities will include a state-of-art fitness center, a rooftop swimming pool and sundeck, a billiards lounge, and concierge services. Delivery of the historic building and Yale East tower are expected in late 2007. Completion of the Yale West tower is expected in Spring 2009.
More information is available on this project at the Yale Steam Laundry Condominium website: www.yalelofts.com.
