Envy Apartment

April 06, 1998 | By Larry Carson | Larry Carson,SUN STAFF Dundalk residents who last month rejected a government-aided plan to renovate the Hidden Cove Apartments over fears it would cater to the poor hold out hope that a new buyer will appear and convert the 32-year-old complex into elderly housing or condominiums. But neither is likely, say a variety of county officials and real estate experts , who predict more slow decline for the unprofitable 30- acre waterfront complex in West Inverness , a densely populated community of about 2,000 brick townhouses. The $ 9 million sale price , combined with the multimillion-dollar cost to renovate or demolish the 504-unit, three- story brick complex , makes any purchase or extensive redevelopment problematic without government aid , county officials and real estate experts say. "The numbers won't crunch" for a conventionally financed deal , said county Councilman Louis L. DePazzo, a Dundalk Democrat who supported the plann...

Developers could break ground on at least three multifamily housing complexes this year in and around Lombard, village officials say. Bill Heniff, director of community development, said numerous apartment ideas have been brought to the village in recent months -- including the possibility of a 120-unit building being constructed on the site of the old DuPage Theatre -- but only three have completed, or are close to completing, the entitlement process. If those three projects are built, Lombard will be home to 547 new rental units and 100 new townhouse units. A market analysis of the village recently completed by Tracy Cross & Associates shows significant demand for more apartments in the Lombard area. Some factors driving that demand include an increasing number of young professionals who relocate to the area for a year or two at the start of their career. They need somewhere to live that is close to work but don't necessarily wa...

455 Eye Street NW, a new apartment building, incorporates three historic buildings . All images from Equity Residential used with permission. As DC grows, new buildings are often required to incorporate historic structures . That’s easier said than done, but the results can be worth the effort. Here’s how one new apartment building in Mount Vernon Triangle incorporated three historic buildings for new uses. Located within the Mount Vernon Triangle Historic District , 455 Eye Street is a 174- unit residential building that opened this June. It consists of a tower atop three historic buildings around a landscaped courtyard. The historic structures provide a focal point and now house the building’s amenity spaces and a future restaurant. Here’s how they did it The District of Columbia is home to 27,000 buildings in 60 historic districts, including 600 buildings designated as historic landmarks with the National Trust for Historic Preservation . DC’s Office of Planning reviewed m...

The iconic London landmark uses its public spaces to counterpoint the unbridled growth of London’s luxury private structures I recently found myself staring into a stranger’s living room, waiting for something beautiful to happen. I was standing on the 10th- floor viewing terrace of the Tate Modern’s new wing, a twisting ziggurat of perforated brick and mortar that rises above the museum’s home in the old Bankside Power Station . The terrace allows for 360-degree views of the building frenzy that has consumed much of London’s skyline. Cranes dip and dive in every direction; to the east, the Shard, an overwhelming ice pick of a skyscraper, dwarfs the Victorian roofs of the surrounding neighbourhood; to the west, the pregnant monolith of One Blackfriars, a 50-storey mixed-used building, looms over the Thames like an alien mothership. As is the case all over the city, many of its £4 million (Dh19 million) apartments will be scooped up as investments, only to stand empty. Idle butlers ...