A multinational construction group has purchased Fur Nightclub, a student hot spot, and plans to turn the site into a 300-plus apartment building, according to The Washington Post.
Skanska bought the property in early 2011, according to The Post, and hopes to fit 300 to 340 units in the building and adjacent area where a parking lot currently sits. The building would likely be named 22 M Street.
The group also plans to build two office buildings to replace parking lots down the street from Fur.