Monument plans micro-hotel in Chinatown

Monument Realty has formed a joint venture with Modus Hotels and the Cafritz Co. to develop a micro-hotel on an H Street NW site in Chinatown once planned for an 80,000-square-foot office-and-retail building.

The partners are planning to build a 230-room micro-hotel at 627 H St. NW with ground-floor retail space. Construction on the $60 million project is slated to start later this month with delivery expected in 2016. While the site was initially planned for office, Monument President Michael Darby…