
Perseus TDC Completes Redevelopment of D.C. MXU Following Fire
Perseus TDC completed construction on Penn 11, a mixed-use project comprising 34 condominium units and 13,500 square feet of ground-floor retail in Washington, D.C. The famous Frager’s Hardware, which originally opened in 1920, is now back in business after a devastating fire destroyed the local icon in June 2013.
Perseus TDC’s Bob Cohen says, “We are honored to deliver a world-class property that Frager’s Hardware and Capitol Hill families can call home for years to come. We designed larger units to meet the needs of families and retirees who expect high-quality living space, elevated service amenities, and easy access to a variety of entertainment, dining and shopping.”
Located at 1101 Pennsylvania Ave. SE, the project is near the U.S. Capitol and surrounded by national landmarks, fine dining and high-end retail. The one, two and three-bedroom-unit community offers concierge services, bicycle storage and a rooftop terrace with a grilling area overlooking the Washington, D.C. skyline.
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