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ISSUE 01

THE PENN POST

SPRING 18

 Photo: Jon Banister for Bisnow

Photo: Jon Banister for Bisnow

Perseus Breaks Ground On Condo Project At Historic Frager's Hardware 

May 9, 2017 / BISNOW

John Weintraub, longtime owner of Capitol Hill's iconic Frager's Hardware, had been getting ready to close on a Wednesday night in June 2013 when a customer smelled smoke. 

"I opened the door to the outside and just saw black smoke," Weintraub said. "I went to get the fire extinguisher, I ran around to the outside and there were flames going up the wall ... It was devastating."

Ultimately it took more than 200 firefighters five hours to put out the four-alarm blaze, which officials said was sparked by a cigarette butt. Frager's Hardware, a Capitol Hill staple since it opened in 1920, was destroyed.

"When the fire took place, you saw hundreds, even thousands of neighbors watching what was happening," Ward 6 council member Charles Allen said. "Everyone was heartbroken. They've been waiting patiently to make sure Frager’s is going to come back."

 Weintraub, who owned the store for more than 40 years, was on hand Tuesday morning to watch the groundbreaking as Perseus Realty and its partners turn the site into a 34-unit condo building with ground-floor retail, where Frager's will return to business at the end of 2018...

 

Iconic Frager's Hardware Ready For a Fresh Start After Massive Fire

May 9, 2017 / NBC Washington

Decades of history were nearly erased from the landscape of Capitol Hill when a fire gutted Frager's Hardware. The burned-out shell of a store still sits on E Street. But now, four years later, Frager's has a new owner -- and a new future. News4's Tom Sherwood reports.

 Rendering of Penn11

Frager’s Redevelopment Breaks Ground,
Set for Completion in Early 2019

May 9, 2017 / Urban Turf

Four years ago next month, Capitol Hill institution Frager’s Hardware at 1101-1117 Pennsylvania Avenue SE (map) became a burned-out shell. This morning, a development team led by Perseus Realty broke ground on the mixed-use project that will facilitate the store’s return to its original location. Westbrook Partners and Javelin 19 Investments are also development partners.


"This morning a development team led by Perseus Realty broke ground on the mixed-use project that will facilitate the store's return to its original location."

The building, designed by Hickok Cole Architects, will deliver 34 luxury one-, two- and three-bedroom condominiums, some with terraces and views of the Capitol, above the new Frager’s and up to two additional retailers. Sales of the units will begin next year with the development delivery date set for early 2019.

No final determinations have been made on the other ground-floor tenants, although talks are ongoing with such candidates as a boutique grocer, cafe or specialized restaurant.

The Weintraub family recently sold Frager’s to A Few Cool Hardware Stores, the local hardware store chain that runs the Logan and Ace Hardware brands. Despite the change in ownership, this location will continue to bear the Frager’s name.

 
 Perseus Realty

Rendering Reveal: Perseus' Plans
For Frager's Hardware Redevelopment

February 26, 2016 / BISNOW

New renderings have been revealed for a redevelopment project from Perseus Realty and Javelin19 on Capitol Hill. The project, known as 1101 Penn, is on Pennsylvania Avenue SE at the site of Frager’s, which was devastated by a fire in 2013. Perseus and Javelin19 closed on the site late last year, and have plans for a by-right development that will need the green light from the Historic Preservation Review Board, Urban Turf reports. The new renderings give us a peek into the development team's plans to transform the site into a modern retail and residential combo. 

Plans call for between 30 and 40 condos, the majority of which will be two- and three-bedroom units, and a return of Frager’s Hardware, which has signed on for a 25-year lease. Plans for two additional retail spaces have not been finalized for the development, which was designed by Hickock Cole Architects and will include 35 underground parking spaces.  No timeline has been set for the project, but the development team discussed plans with the community at a Thursday night meeting. The site is not too far from a planned residential development from Insight Property group, which would see up to 160 new residential units spring up on the 1300 block of East Street SE...