Monday, May 07, 2007
The Washington Metro Area Transit Authority (WMATA) announced that it is soliciting bids on three of its properties on Florida Avenue in Shaw, opening the possibility of urban infill near one of the least developed Metro sites in Northwest. The three parcels abut 8th Street to the East and West, on the South side of Florida Avenue. Sited between the Shaw and U Street Metro stations, each two blocks away, the parcels are currently unimproved – excepting the regular local flea markets – and contain about 29,000 s.f. of developable space. The three small, noncontiguous lots may be a challenging development; each is currently zoned to allow a maximum height of 65 feet, though the Arts Overlay Zone may provide bonus density for ‘arts related’ uses, and are encumbered by the Metro tunnel that passes below, limiting excavation to 19 feet. WMATA is proposing to sell or lease the lots, likely for a mixed-use project incorporating residential development. Bids for the project are due May 31.