A gilded era of mid-century Washington finds new life at The Wray
Art Deco touches and bygone craftsmanship meet covetable modern design and refined city living at The Wray, the new rental residence arriving this spring in Foggy Bottom.
Apartments abound in Washington, but none have so intriguing a backstory as The Wray. Formerly home to U.S. State Department offices since the 1940s, The Wray (515 22nd St. NW) is an eight-story, pre-war building whose aesthetic is rooted in the early modernism of mid-century Washington. The historic Art Deco lobby sets a tone of luxe liveability, and the apartment homes are as comfortable as they are polished. The Wray is where worldly good taste is a way of life.
The Wray is developed by Insight Property Group in partnership with ELV Associates, and will be managed by Bozzuto. Preleasing starts in March 2020 and the community will officially open this spring.
“We are incredibly proud to be delivering The Wray to Foggy Bottom, one of the District’s most dynamic and desirable neighborhoods, and one of DC’s key employment areas. Not only does the project provide a rare opportunity to breathe new life into an historic building, but we are also bringing high quality rental housing to a supply-constrained area with tremendous neighborhood amenities,” says Brendan Whitsitt, Partner at Insight Property Group.
Complementing The Wray’s history-infused design is its boutique collection of amenities, which reflect a more modern sensibility and a reverence for community. These include an outdoor living room, rooftop gym, pet spa, and penthouse club with a lounge, bar, and private meeting room. Concierge access, valet dry cleaning, and package and away-from-home services make life a little bit less hectic. Just outside The Wray’s doors lies a Foggy Bottom neighborhood rich with culture, restaurants and recreation, such as the world-renowned performing arts institution The Kennedy Center, Rock Creek Park, Georgetown and George Washington Universities, Whole Foods, and more.
To learn more about The Wray, visit www.thewraydc.com. Follow The Wray on Facebook and Instagram at @thewraydc.
About Insight Property Group: Insight Property Group develops, acquires and re-positions well-situated multifamily and mixed-use properties in the greater Washington, D.C. area. Since its inception in 2009, through the collaboration of a team of highly experienced and locally focused industry professionals, the Company has unlocked a broad range of investment opportunities that continue to set a standard for strong and innovative execution in the marketplace. Thanks to their partnerships, with investments of over $1.4 billion, Insight Property Group has planned, delivered and acquired over 4,500 residential units and 200,000 square feet of commercial and retail space. Their portfolio of activities includes the development of high-end residential and mixed-use buildings, the acquisition of workforce housing, the construction of affordable housing through public partnerships, the delivery of infill for-sale housing, and the repositioning of close-in suburban rental communities. Insight Property Group approaches each project with focus, creativity and care. For more information, visit www.insightpropertygroupllc.com.
About ELV Associates: ELV Associates, Inc. is a privately held real estate investment and management firm established in 1990 to represent high net-worth investors in connection with direct investments in United States commercial properties. The firm has established high quality property portfolios in three US regions – New England, the Mid-Atlantic and the Southeast – offering investors geographic and product diversification and exceptional returns through income and appreciation common to real estate investments. To date, ELV Associates has completed acquisition and development transactions representing over $2 billion in market value. Fundamental to all of their investments is property of high intrinsic value where inefficiencies are exploited and value is enhanced through their hands-on teams in Boston, Massachusetts, Washington, DC and Atlanta, Georgia.
About Bozzuto: The Bozzuto Group is an experience-focused real estate company distinguished by its innovative developments, dedicated customer service and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve. Since their founding in 1988, Bozzuto has developed, acquired and built more than 50,000 homes and apartments. Celebrating 32 years of creating a sanctuary for their residents, Bozzuto currently manages 80,000 apartments and 2.5 million square feet of retail space along the East Coast, including Washington, D.C., Baltimore, New York City, Chicago, Miami, Philadelphia and Boston. www.bozzuto.com
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