Velocity Condominium in Capitol Riverfront is Fastest-Selling New Condominium Community...

* Reuters is not responsible for the content in this press release.

Wed Jan 30, 2008 12:25pm EST

Velocity Condominium in Capitol Riverfront is Fastest-Selling New Condominium
Community in the District

New Luxury Condo Building Near Nationals Stadium is Area's Hottest Address 

WASHINGTON, Jan. 30 /PRNewswire/ -- Contrary to popular belief in today's real
estate market, several bright spots around the country are showing consumer
confidence, sensible pricing and, consequently, strong sales for new homes.
One of those bright spots is the District's emerging Capitol Riverfront
neighborhood surrounding the new Nationals ballpark, and the specific address
in the neighborhood that's keeping home sales and optimism so high is Velocity
Condominium. Velocity is the fastest-selling new condominium project in the
District of Columbia, and one of the strongest sellers in the entire National
Capital area. Since sales officially began at Velocity just before
Thanksgiving, 21 of its urban condos have already sold. Prices at Velocity
start in the $300's.

Velocity epitomizes all the best of the new Capitol Waterfront area. Velocity
will include a Rooftop Pool, a Wellness Center, secure underground parking, an
ultramodern lobby and a landscaped center courtyard. Velocity condos are
available as studios, one-bedrooms, one-bedrooms with dens, two-bedrooms and
two-bedrooms with dens. The homes feature high-end, designer-inspired
finishes. The Velocity Sales Center includes interactive displays and a fully
furnished, full-scale one-bedroom with den unit inside the Sales Center
itself. Prospective buyers can also view a scale model of the contemporary
building, view interior finish selections in the Design Room, and learn about
the history and future of the Capitol Riverfront area through detailed
displays and a DVD presentation. The Velocity Sales Center has recently been
entered in local design competitions. 

"The keys to Velocity's amazing sales success are its design, location,
marketing campaign and its truly incredible Sales Center and furnished Model
Home," said Alan Cohen, president of ADC Builders and principal of The Cohen
Companies. "The Sales Center has interactive electronic displays and includes
a full-sized, fully-furnished model with one bedroom, two full baths and a den
-- right in the Sales Center," Cohen added. 

The cosmopolitan Velocity condo tower is one-and-a-half blocks from Navy Yard
Metro, four blocks from the new Nationals baseball stadium and just blocks
from the U.S. Capitol. Velocity will be surrounded by new stores, restaurants
and coffee houses, new nightclubs and performing arts venues. Velocity's
location also puts residents a short walk from shopping along Barracks Row on
8th Street, at Eastern Market and on M Street. 

Homebuyers interested in the Velocity condominium should visit the website at
VelocityCapitol.com, phone the Sales Center at 202-863-0260, or simply visit
the Sales Center, which is located at 1025 First Street, SE and is open daily
from 11am to 5pm. No appointment is necessary. 


SOURCE  ADC Builders

Abby Gregg See, +1-703-264-6400, for ADC Builders
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.