With plenty of attention lately on several big development projects planned for the H Street corridor, a small chunk of land on the south side of the 1100 block of H Street is easily skipped over, but the 5,456-s.f. lot sandwiched between Family Dollar and Me & My Supermarket is also being revitalized as new retail-and-residential space.
Last fall, the Office of the Deputy Mayor for Planning and Economic Development (DMPED) announced it had partnered with Wall Development in a $3.5-million effort to develop a mixed-use building on H Street, however, the approval of the land disposition agreement for the project by the D.C. Council didn't occur until this past July and the project timeline slipped about 6 to 7 months, explained Stan Wall, president of Wall Development.
Now, with approval, Wall is gearing up again to deliver a 5-story, 16,000-s.f. residential building with 2,000-s.f. of ground floor retail, spanning 1113-1117 H Street, NE, by the summer of 2013. Constructed as a matter-of-right, the building will offer 16 one-bedroom residential units (registered as condominium, but could end up for sale or as rentals depending on market at delivery) with four set aside as "affordable," and is currently in the design phase; Wall presented the latest design for the project, by Square 134 Architects, to ANC6A last night.
A general contractor has not been selected, as construction is still eight months away, but Wall hopes to have construction drawings complete by the first of next year, to have permits squared away by April, and to commence construction in June. If all goes well, the building will be ready for occupancy by August of 2013. Design and construction will have a sustainable focus and Wall plans to apply for LEED certification upon project completion.
Washington D.C. real estate development news