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October 13: Archstone

Tuesday - 10/11/2011, 9:21am  ET

Archstone has acquired a nearly half-acre development site in NoMa with an eye towards building a 206-unit apartment house. Gliobe street.com says the parcel is located at 100 K St., NE--two blocks away from Archstone NoMA, which is under construction at the corner of 1st Street, NE and M Street, NE. Construction on the 100 K St. project is slated to begin the second half of next year. Archstone NoMA, meanwhile, is expected to begin leasing its first units in the first half of 2012.