After selling out the condos during the banner year for condo sales that was 2004, work on the Bromptons stopped in March 2006 after County inspectors found the structure to be faulty, with uneven floors and load-bearing members incapable of bearing the building’s weight. The developer laid the blame for the structural deficiencies on the project's structural engineers – whom Peete later took to court over the matter, though Peete is still working with the project architect.
Meanwhile, beginning in 2007, the developer pledged that he would demolish the work already underway, re-pour the foundation and begin the Bromptons anew. After two raze permits were granted – and lapsed – the County officially declared the quasi-building a "blight" in September 2008 and authorized legal action action against the Ed Peete Company, with the hope of recouping the estimated $600-900,000 of taxpayer funds required to demolish the building on the County’s dime. The County Attorney’s case was scheduled to be heard next week, but has been called off in the light of the settlement announced today.
According to Board Chairman Barbara Favola, today’s agreement “eliminates the uncertainty of this project that has become such an eyesore in the Cherrydale neighborhood.” Per the terms of the settlement, the Peete and company must “make the necessary repairs to complete the approved site plan project and bring it into compliance with the building code within an agreed timeline,” while giving the County the right to carry out demolition should the project not “proceed in accordance with a detailed timeline that specifies each incremental step in the re-design and repair process.” Peete will also be putting $250,000 in escrow to contribute to the cost of any eventual raze and work is set begin again at the site as early as next month. According to the County, the building’s exterior, along with sidewalks and landscaping, will be the first features attended to, so that “the community can begin to enjoy the benefits“ as soon as possible. WHA will remain onboard as the project's architect.
Arlington, VA real estate development news