501 I St. SW
Update
12/13/24
Developers of Shakespeare Theatre Company Request Extension with Plans to Sell in the Works
Erkiletian Development Company and the Shakespeare Theatre Company have requested an additional one-year extension on the approvals for 501 I Street SW. The second extension is necessary due to the continued disruption caused by economic conditions. Since the approval of a prior Extension Order, the applicant has diligently pursued financing for the revised project but has concluded the project is not likely to be feasible. Now the developers have plans to sell the property and are under contract to a homebuilder that intends to pursue a by-right rowhouse development.