Booze-filled, bauble-covered bodies course through Adams Morgan's main ventricle, 18th Street, hopping in-and-out of bars and filling out a strip of nightlife that is arguably unrivaled elsewhere in the District. Two blocks east, running virtually parallel to 18th, is Champlain Street.
At 2329 Champlain Street NW, there is a 30,000+ sf building that at first glance appears to have been built out of river rocks. Brick-and-cement in actuality, the structure was built in 1957 to house an auto dealership, and later became the Brass Knob warehouse, until 2004.
Adjacent to the lofty warehouse space, at 2335 Champlain Street NW, is a compact, 100-year-old brick building, and former site of the Georgetown Plating Polishing & Repair Co.
First sited for redevelopment in 2005, a plan to turn the combined properties into a 22-unit multi-family residence was approved in May 2006, but crashed around '07/'08. Involved parties are now back on their feet, for the most part.
Gourley & Gourley LLC was the lender in '05, and is now the owner, and selling.
In February of this year, Gourley & Gourley, along with counsel Holland & Knight, and with conceptual drawings by Bill Bonstra of Bonstra│Haresign Architects, approached the Board of Zoning Adjustments with the request to bump up the 2006 design of 22 units to 31. The BZA approved the change in March.
The approved 31-unit design now needs a developer, and finding one rests with Robert Meehling of CB Richard Ellis. Meehling seems confident. Blaming time and circumstance for killing the first go at developing the adaptive reuse project, Meehling said he believes the area has a solid market for units pegged at $550 to $600 psf.
The current, but still evolving, design will preserve the existing façade, and add two levels of high-ceiling units. According to Bonstra, the design will incorporate "raised bedrooms" on the first two floors, while playing with a glassier, full-window concept above, and will overall honor the "neighborhood aesthetic." The auto dealership/warehouse portion was built with 1.5' thick walls, which will be preserved, but the use of the smaller brick structure is yet to be determined.
D.C. Real Estate development news