Not sure how unique this is, but it’s certainly interesting, especially for Edgewater.
We learned earlier this week that one full floor of parking spaces at Catalpa Gardens, the yellow-and-blue mid-rise at 1122 W Catalpa Ave, is available for the public (non-residents) to purchase.
This is an interesting move by the developer, to say the least. Edgewater is quite dense, and parking east of Broadway Street is chronically unreliable. Moreover, the initiative dovetails well with the transit-oriented nature of the development; with the Red Line so close, Catalpa Gardens residents might not need all the available parking spaces. Why not sell them off to the neighborhood?
As of last Monday, spaces were priced at $28,900, and 17 had already sold to non-residents. Pictured above is a shot from the balcony of Catalpa Gardens’ model overlooking the Bryn Mawr Red Line station.