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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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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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