JPI Now Leasing New Luxury Apartments in Ballpark District of Washington D.C.



JPI, one of the nation's largest luxury apartment companies providing acquisition, development, construction, property and asset management services for multifamily and student living communities today announced it has opened and begun leasing its newly delivered luxury apartment building, Jefferson at Capitol Yards. The community, a mix of 448 studio, one- and two-bedroom apartments located at 70 "I" (Eye) Street, S.E., is the first of four apartment towers JPI has developed to comprise its Capitol Yards neighborhood.

Jefferson at Capitol Yards is designed to reflect the integration of the area's historical and industrial architecture with modern design and materials. The building faade is reminiscent of old warehouse buildings, such as those found in the old Navy Yard. Lower- and ground-level units and common area amenities are now open, having delivered almost two months ahead of schedule and under budget; the first occupants are moving in during the last two weekends in June. Monthly rents start at $1,400.00.

JPI will host a free block party for prospective residents on Saturday, June 28th, from 4:00 p.m. until game time at the nearby Washington Nationals ballpark. Visitors will enjoy barbeque, beverages, and tours of newly opened model apartments and amenity spaces.

Jefferson at Capitol Yards offers a wide range of amenities including a resort-style swimming pool, rooftop deck, high-tech business center with private workstations and Internet access, executive conference center, movie theater with stadium seating, available bicycle storage and personal storage space, and 24-hour fitness center with cardio equipment, individual TVs, circuit training and free weights. Jefferson at Capitol Yards residents also will have access to a large pub room with plasma TVs, billiards, shuffleboard, foosball, darts, poker, Ipod docking station, and video gaming stations.

Individual apartments at Jefferson at Capitol Yards, all pre-wired for Verizon FIOS, feature granite or designer countertops, maple-wood cabinets in both kitchens and baths, hardwood-style flooring, full-sized washers and dryers, and sumptuous baths. Select units offer dramatic bay windows, balconies or terraces, generous walk-in closets, and large oval soaking tubs. The community also features controlled building access and onsite professional management with 24-hour emergency service.

"JPI has made a major investment in the ballpark district, and with the opening of our first luxury apartment building, we are already beginning to see a major transformation of this neighborhood," said Aaron Liebert, Senior Vice President and Area Managing Partner of JPI. "People who lease apartments at Capitol Yards will have the opportunity to live near where they work, walk to the ballpark and downtown attractions, and enjoy living just blocks from the riverfront."

Upon completion in 2010, Capitol Yards will comprise 1,350 apartments alongside new office buildings, shops, restaurants, and hotels. Capitol Yards is located just five blocks south of the U.S. Capitol and four blocks from the ballpark, is within walking distance of the new Department of Transportation headquarters and Barracks Row, and is served by the Navy Yard and Capitol South Metro stations.

For leasing information, call 1-877/294-2965 or visit www.jeffersoncapitolyards.com.

About JPI

Founded in 1989, JPI is dedicated to "Building Quality for Our Customers" and committed to making quality investments and providing the highest level of real estate services. JPI operates regional offices in McLean, Virginia; New York; Atlanta; Boston; Carlsbad, CA; and Irving, Texas. JPI is one of the nation's largest and most successful multifamily real estate firms with 1,500 Associates, providing acquisition, development, construction, and asset management services for conventional multifamily and student living communities nationwide. JPI also provides property management and leasing services for over 40,000 multifamily units across the United States and is the preferred multifamily property manager for RREEF Asset Management Group.





JPI Now Leasing New Luxury Apartments in Ballpark District of Washington D.C.





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