I’m wondering what the prices will be. They haven’t been listing them on the ads they’ve been placing on craiglist. I thought they might’ve been posted here on POP once, but I wasn’t able to find it.

I have a friend looking 2 rent so id love to see the rent prices 4 her also.
anybody know?

I’ve been waiting for quite a while on these, unfortunately the first pricing information I received from them was not promising. The sales rep quoted 1 bedrooms starting at $2010.00 which seems at least 200-300 above what I would consider reasonable even for a new building.

$2010 is about the price at CityVista (a little less) and it is more than entry level 1 bedrooms (renting fast!) at Allegro in Columbia Heights. There are also a number of new buildings down by the ballpark in the same price point.

I’m pretty bummed ….

Yeah – I was shocked! I told the sales rep (via e-mail) that it was too high and pointed out other places that were lower but I never heard back. It’s surprising because Bozutto also does Highland Park which I think was priced pretty fairly …

They are offering 2 months free rent which is great – but even so the base price needs to be lower. I think Allegro is one of the better deals right now and those are being snapped up quite quickly…

Hmm, yeah, with 2 months free that works out to $1666 a month, which might make sense if it were the base rent. Who knows, maybe there are enough people who are only looking for a place for 1 year who would take that deal. I’d rather be somewhere where I knew my rent wasn’t going to go up 20% the next year….

Is any retail besides the Gillian Clark restaurant confirmed?

I spoke with Bozzuto this morning and they confirmed that all units come with 2 months free rent. The person I spoke with listed a starting price based on that concession of $1,675/month, which from my search is cheaper than both Highland Park and Allegro based on the unit sizes.

Even if the “2 Month’s Free” special works out to $1675, that’s usually only good for one year. Most places won’t let you renew on that basis, so you’re stuck with not only going back up to the base rent after one year, but then they usually tack on the yearly increase to that as well. Which makes renting at Park Place on a long-term basis not very attractive.

If the rent is really over $2000 for a one bedroom, then I am extremely disappointed. I’m even surprised that Allegro is doing so well. $1875 for a 550 square foot apartment right next to the fire station and “Bumfest” – why would anyone think that’s reasonable?

Geen, $1875/month works out to $1562 with 2 months free, and I think it’s pretty hard to find a 1br at all for that that’s near the Metro and not in the basement. And I can see people moving from out of town who don’t have much time to look for a place taking that deal, and then plan on moving once they’re here since it’s *much* easier to apartment hunt when you’re already living in town.

It’s still really high, but not as outrageous when you consider the 2 months free and how that might make sense for some people. And there are a lot of positives to the Allegro’s location, too! (No, I don’t work as a a leasing agent for the Allegro ) So, it’s not a great deal and I wouldn’t take it — I have a roommate and rent a house and pay a lot less for more space — but I can see how some people would take it.

The rents @ the Park Place are still too high, though.

And, Anon 12:01, the CityVista has a pool. If Park Place had a pool, I could see them getting those rents. I wish at least one of the buildings arount here did. I mean the Park Triangle has that awesome roofdeck, but it would be so much better with a pool.

Yeah, Angry Parakeet I think nailed it – I didn’t realize they had such a high % of income restricted units. That really cuts into the # of otherwise available.

The crazy thing on the income limited units is that the income cap is usually so low that I don’t know how someone can even afford the monthly rent. I remember at V at City Vista you could only make like $34,000 but the subsidized rent was still like 1200 or 1300 …. the %s seem all skewed.

Anyone look at the Onyx Apartments yet down by Navy Yard ? Those look pretty cool …. but the location is meh

Anon @ 12:05 – Yeah, with the special, the monthly rent works out OK. But I think it’s a bit deceptive if you want to find a place to live for more than one year, as when the one year is up, your OK rent is suddenly going to skyrocket to almost $2k a month for a small 1 BDR.

ahhh… I remember the days when Matthew and I lived in Woodley-Park @ the Calvert House. We paid $1.1k in rent each month in a 500 sq studio for 2.5 years. For a couple first starting out this was in my opinion a pretty good deal but I could not imagine pay $2k a month for 500 sq ft unless starting incomes have really increased as 500 sq ft living is fun for a while but not long term.

to see the high prices of this is crazy!!…im not really understanding why they would price park place so high being the area its in isnt all that great to begin with..this was supposed to be quote on quote affordable apartments but this is just crazy 2010 or 1800 you might as well just buy..DC is really getting to be to high to live in for most residents thats been living here for years and years and its really not fair to them..something needs to be done about it!!

Commentary from Developer Chris Donatelli on opening day in July: http://www.youtube.com/watch?v=JPyScPuMQEI