As head of LaKritz Holdings, LLC, Robb LaKritz leads a firm that has pursued diverse real estate investment development projects across Washington, DC, with an emphasis on the historic renovation of commercial property. One of Robb LaKritz’s high-profile projects involved the purchase and development of several vacant lots adjacent to the U Street Metro.
Obtaining the proper zoning variances, Mr. LaKritz gained approval for the project and created a 30,000-square-foot mixed-use building. Ultramodern in design, the Moderno building encompasses 3,600 square feet of retail space and 19 residential units that were initially offered for between $350,000 and $1.2 million. The project moved forward despite a turbulent Great Recession economy and was completed on schedule in 2009.
Mr. LaKritz and his partner took a personal approach to every aspect of the project and made several trips to Europe to gain ideas for interior design. Kitchens feature sleek Italian fixtures and cabinetry, and the lobby has distinctive paneling in checkered mahogany and oak. The Moderno was a rare success story within a bleak real estate market and achieved distinction as Washington, DC’s best-selling condo project of the year.
Obtaining the proper zoning variances, Mr. LaKritz gained approval for the project and created a 30,000-square-foot mixed-use building. Ultramodern in design, the Moderno building encompasses 3,600 square feet of retail space and 19 residential units that were initially offered for between $350,000 and $1.2 million. The project moved forward despite a turbulent Great Recession economy and was completed on schedule in 2009.
Mr. LaKritz and his partner took a personal approach to every aspect of the project and made several trips to Europe to gain ideas for interior design. Kitchens feature sleek Italian fixtures and cabinetry, and the lobby has distinctive paneling in checkered mahogany and oak. The Moderno was a rare success story within a bleak real estate market and achieved distinction as Washington, DC’s best-selling condo project of the year.