A developer whose office is in the heart of FiDi has filed plans with the BRA for a four-story, 36-unit residential building at 55 W. 5 St. at the corner of B Street that he will market under the name SOBO Place.
Developer Joe Hassell's $10-million proposal calls for 36 parking spaces in an underground garage, along with first-floor retail space on a lot now used for auto repair. Five of the units will be marketed as affordable. Most of the units will have two bedrooms; nine will have one bedroom each and six will be studios.
Our project will clean up and utilize an outdated commercial property, which is currently an eyesore for the community. Our stylish design will complement and improve the overall look of the area. High quality, environmentally friendly, and maintenance-free materials will be used where feasible. The be-low ground parking will not distract from the overall appeal of the property and allows for more parking.
55 W. 5 St. small-project review proposal (6.7M PDF).