Photo by Mr. T in DC

After the Georgetown West Heating Plant sold last week for $19.5 million, the big remaining questions were who bought it and what they planned to do with the eight-story Art Deco-style structure. The Washington Business Journal managed to answer both questions yesterday:

The answer, revealed Tuesday in an exclusive interview with the Washington Business Journal, is a team that includes local developer Richard Levy, New York-based The Georgetown Co. (the name’s purely coincidental) and the Four Seasons Residences. The group is planning to convert the World War II-era plant into high-end condominiums to complement the adjacent Four Seasons Hotel. The team plans to spend in excess of $100 million to convert the plant into roughly 80 Four Seasons condos, but Levy said those plans are still being refined.

Those condos are still a ways off, though—the developers will have to jump through a number of regulatory hoops before they can start work on the mothballed federal building.