Showing posts with label Level 2 Development. Show all posts
Showing posts with label Level 2 Development. Show all posts

Friday, December 07, 2012

Takoma Central Underway

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Its been a long time coming, but construction at Takoma's metro-centered residential project is at last underway.  Developers have begun work at 233 and 235 Carroll Street, on the District's side of Takoma, on 2 buildings that add 150 rental apartments to the traditionally tranquil neighborhood.

Development partners Federal Capital Partners (FCP) and Level2 Development, (in a crowded field of partners that includes MCZ and SGA Architects), began work last week
on the pair of buildings designed by SGA Architects, a 4-story building at the corner of Maple Avenue and a 5-story adjacent building closer to the Metro station.

Now actively under construction, Level2 partner Jeff Blum says construction to start moving up from the bottom of the hole will commence "within the next few weeks."  His plan incorporates the original 4-story building, plus a new 5-story, warehouse-like building to the west, along with new mandates on what to build.  "The original project was designed and permitted under a set of zoning regulations that did not include the Takoma Overlay [increased density] nor inclusionary zoning [affordable housing requirements]. "  The ANC initially argued against the height, but Blum notes that the higher density is permitted under the new zoning, a decision he says is "appropriate because it is only a few hundred feet from the Metro station."

Each building will have its own parking garage (about 100 spaces total), with a total of 9700 s.f. of retail space.  The buildings will be wood-framed over concrete, with differing architectural styles - the 4-story building featuring an "art-deco flavor," and the other a 19th century red brick, warehouse style apartment building.  A "3-story glassy hyphen" will connect the two.  Developers are shooting for LEED certification this time around, and expect completion in March of 2014.

The project has long stuttered, and for those that enjoy the long, twisted tale that accompanies many development projects, the tale of Takoma Central doesn't disappoint.  Bethesda-based architecture firm SGA purchased the lot for redevelopment in 2004, with plans to build Ecco Park condominiums - "green," but not LEED certified, said the owner.

To prep, the developer partially remediated the soil on the former gas station site, then announced the project in 2006.  With nothing more than clean dirt at the site, the SGA sold a third of the 85 condos, but the coming housing bust forced the developer (and financial partners) to rethink, and like many other condo projects, the development went rental.  At least on paper.

Returning deposit checks, SGA announced the project would still go forward, now as an apartment building.  But financiers were as scarce as condo buyers, and it was not until August of 2010 that the developer thought it had a financial partner, and Ellisdale was awarded a $13m construction contract.  But financing was elusive, and it was not until early 2011 that Level2 and MCZ entered the picture to partner with SGA, acquiring the second site and expanding the scope of the project.  Finally, earlier this year, FCP joined the fray and the site took on new life.


"This is a neighborhood that is thirsting for new retail" says Blum of Level2, noting that the new streetscape "will better connect the Metro station to the existing shopping area on the Maryland side."  In addition to the extra retail frontage, Blum says the sidewalk "is going to be vastly improved" - "from a 4-ft path of lose bricks and other obstacles" to an 18-foot wide space, including 6-foot sidewalk and space for a sidewalk cafe, for "a much nicer, and safer, pedestrian experience." Hamel Builders is doing the construction.  Finally.

Washington D.C. real estate development news

Monday, January 30, 2012

Today in Pictures - 2400 14th Street

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UDR's multi-family building in Columbia Heights broke ground in December of 2010 and has now topped out. Perched on the slope leading up 14th Street, the building should feature commanding views over the city from the top. The building takes the place of the Nehemiah shopping center, purchased by Level2, which developed the original plans before selling the project. The building was designed by Shalom Baranes and will have 255 units, built by Donohoe Construction.











Washington D.C. real estate development news

Sunday, January 22, 2012

Will Takoma Finally Embrace Its Inner Bethesda?

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Denizens of the earthy Takoma neighborhood are finally seeing much-promised transit-oriented development beginning to sprout along underutilized Carroll Street NW, just steps from the Takoma Metro station.

Earlier this month, real estate giant Federal Capital Partners of Chevy Chase, which owns more than $1.8 billion in real estate assets in the mid-Atlantic region, announced the $36 million joint venture with Level 2 Development's Takoma Central, currently building in the 200 block of Carroll Street NW near the District-Maryland border.

Still, even as its neighbor to the north, Silver Spring, sees a burst of development, it hasn't been easy to convince the 17,000-plus globally-inspired Takoma Park citizens -- where illegal immigrants are allowed to vote in city elections and hold office -- to embrace their inner-Bethesda. Takoma Park residents, many of whom refer to the city as a "village," fought a long, but losing battle against a much-maligned CVS along Carroll Street in 1998 that led to the quick demise of a favorite mom-and-pop pharmacy on the Takoma Park, Maryland side. And a Subway sandwich joint that located in the village's historic district found its windows smashed in 2004 with the epithet "shop local" scrawled in spray paint.

But things may finally be changing in the People's Republic of Takoma Park as once development-wary residents embraced the Takoma Central design. That made it an ideal opportunity for Federal Capital Partners' Wade Casstevens, vice president of residential development.


"I think its a great place to live and well-kept secret," Casstevens said in an interview. "There haven't been areas in Takoma that you could build a large complex, so this is a true infill opportunity." Takoma Central will have amenities common to other Class A spaces in Logan Circle, Bethesda, and most recently Silver Spring, such as granite countertops, and stainless steel appliances, not easily found in Takoma. "Our strategy is to look for areas that have one or less competitors, not four or more, which is what we're finding in Silver Spring " he said.

Originally known as Ecco Park condos, the plan converted to apartments in 2008 under the design and ownership of SGA Architects. Takoma Central will be built in two phases.


Phase One, already under construction, is four stories, with a round, castle-like turret at the corner of Carroll Street and Maple, and will have 84 units and 70 underground parking spaces, plus 6,500 square feet for ground level retail.

Phase Two is a five-story, brick warehouse-style complex with 60 units and 35 underground parking spaces and ground-floor retail.

More importantly, the development may fill in a key gap between the bustle and activity of the Metro station and the quarter-mile walk to Carroll Avenue, Takoma Park's main street with well-kept sidewalks and quaint Victorian-era street lighting. Carroll Street NW becomes Carroll Avenue at the Maryland line, for those keeping score.

The 200 block of Carroll Street currently consists of a convenience store, a funeral home, the CVS pharmacy, and several surface parking lots. But the brick sidewalks are crumbling and there is no pedestrian friendly street lighting. Casstevens says the infrastructure and consistency of the street will improve with the completion of Takoma Central. "Right now, that part of Carroll Street looks a little beat up."

Phase 1 construction has begun already and Phase 2 will begin later this year. FCP says they will complete construction by the fourth quarter of 2013.

The construction of Takoma Central will go a long ways to renovating Carroll Street on both sides of the Metro line that the District and Maryland have been seeking to make ripe for transit-oriented development projects.

On the West side of the Metro line, where Carroll Street becomes Cedar Street, the District Office of Planning has been looking at possible enhancements to the neighborhood near the dormant Takoma Theater and its surrounds since Anthony Williams' tenure as Washington D.C.'s Mayor.

The Office of Planning's 2002 report shared the puzzlement over why TOD near Takoma Metro wasn't forthcoming. "Neither Carroll Street nor 4th Street have developed the critical mass of retail, commercial and housing that their Maryland neighbor enjoys, despite being anchored by the most heavily used pedestrian Metro transit station in the District of Columbia."


The Gables, a LEED-certified 142-unit complex opened in 2008 along Blair Road. FCP's Casstevens credits the opening of Gables for influencing their decision. "It was definitely a factor in our choice," he said. The Gables has many of the same amenities that Takoma Central offers, such as stainless steel GE appliances, hardwood floors and black granite countertops.

Still, south of Cedar Street there has been little progress in building a revitalized neighborhood around the historic Theater. Takoma Village, a unique co-housing urban village opened next to the historic Art Deco Takoma Theater in November 2000.


Milt McGinty, father of WUSA-9 anchorman Derek McGinty owns the theater, and wants to raze it to convert it to luxury apartments.

Preservationists want the the city to buy the theater outright but McGinty says the theater, which was built in 1923 isn't for sale and the theater stands in disrepair, prompting some accusations of "demolition by neglect." Like many development disputes, the fate of the Takoma Theater may end up it court while neighborhood redevelopment plans continue to gather dust.

Monday, August 08, 2011

Colbert Redesigns for Wallach Place and 14th Street

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One month ago, Eric Colbert's design for a residential building at 1905-1917 14th Street NW was soundly rejected by the HPRB. Since then, Colbert seems to have taken comments from the Board, such as "it's more appropriate to K Street" and "looks too commercial," to heart. Colbert has reworked the building's design - for client Level 2 Development - and, as reported by U Street Dirt, presented a vastly different rendering to Wallach Place residents (compare below). 

The new design is still 7 stories tall, however the massing has been shifted to the southern end, where the entrance was repositioned, and the overall density has been decreased, allowing for a more significant stepdown at the back of the building (to an adjacent commercial rowhouse and Wallach Place residents across an alley). Level 2's plan for 154 units has been shaved down to 144, with a loss of approximately 4,000 s.f. overall - a net loss of ten, cozy 400-s.f. studio units - the same floor plan that makes up the majority (approximately 85-percent) of the building. A decorative cornice has been added around the 4-story (northern) section of the building and the two 4-story projecting bays on 14th Street. The new design has an exterior that is less glassy (i.e. windows have been broken down into smaller sizes), possibly in an attempt to make the building look "less commercial." The building's footprint remains unchanged, at nearly 16,000 s.f., and includes ground floor retail. Colbert and Level 2 principals David Franco and John Kardon met with Wallach Place residents last week in advance of meeting with the U Street Neighborhood Association (Aug. 11th), and ANC1B Design Review Committee (Aug. 15th). The development team will seek full approval with ANC1B on Sept. 1st and then revisit the HPRB, ideally, later that month. 

 Washington D.C. real estate development news

Friday, July 01, 2011

Takoma Park Progresses on Twin Developments

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SGA Companies and Level 2 Development are finally watching construction progress at their joint residential-and-retail project at 235 Carroll Street NW in Takoma Park, a long dormant site that Bethesda-based SGA Companies, founded by Sassan (Sas) Gharai, purchased in 2004. Three years later, site prep was undertaken, including extensive environmental remediation and the removal of rusted-out oil drums left over from the former gas station and truck rental facility on site. Still, four years went by before construction began, last month.

Of the changes at 235 Carroll Street in the Takoma Park Historic District, Sara Green, Commissioner of ANC 4B 01, has no complaints. It's the site next door, at 231 Carroll St, also being developed by SGA and Level 2, that is giving her some grief.

The developers' plans for the adjacent site (231 Carroll) were approved, with suggested refinements, yesterday, June 30th, by the Historic Preservation Review Board (HPRB), and now await final approval by the Historic Preservation Office (HPO).

Although Green submitted in her testimony to HPRB yesterday, "Everyone I have talked to is excited about seeing a vacant and ugly lot on our 'main street' developed, and this design has several very appealing and creative features," her concerns lie with the back of the building at 231, not the appearance from the front.

Along the new "main street," the two buildings will be distinctly different, thanks to community feedback and HPO recommendations, as the HPRB Staff Report by Anne Brockett details, "The design for [231] has changed dramatically in its exterior appearance since submission. Initially it was proposed to match the design of 235 Carroll."

In the interest of visual diversity, the newest plan for 231 Carroll St is a 5-story complex with 60 residential units, 35 underground parking spaces, and a retail component, designed with a "warehouse-inspired aesthetic" using predominantly red brick. In contrast, 235 Carroll St is a longer but shorter building, with 4 stories, 84 residential units, 70 underground parking spots, and 6,500 s.f. of ground-floor retail, featuring "yellow brick with panelized bays."

The two residential-and-retail complexes will be connected by a glass "hypen" of sorts that at once connects and separates the two buildings, which Commissioner Green appreciates, as does much of the community, according to her.

Of 231, the staff report explains that "large, street level openings have brick arches and are covered by a corner canopy suspended from metal rods. The upper story windows are 6-over-6 hoppers with steel lintels and sills. The side elevation along Cedar Street continues the warehouse materials and detailing of the main block and then at a setback and lower wing changes to a mix of stucco bays and hardiplank-sided recessed balconies. Along this elevation, the northernmost corner loses its top floor for a terrace, thus stepping down toward the adjacent historic home on Cedar."

It's the "step down" plan, on the corner of Carroll Street and Cedar Street, where Green's concerns are focused.

In her testimony to the HPRB yesterday, Green stated, "The Takoma Central District Plan specifically addresses height. It states that 'new commercial and residential buildings should be no more than 2-4 stories in height to match existing residential scale' and to preserve Takoma’s 'small/town village character'."

She continued by saying that, "The Takoma Overlay District permits heights of up to 55 feet, but as I also understand it, you have the ability to reduce the height, as needed, on case-by-case basis."

Yet, overall, the project has been well received by both ANC4B and a majority of the immediate Takoma Park community. Green also asserts that Sas Gharai of SGA, and Jeff Blum of Level 2, have worked diligently with concerned parties, and have revised the design at 231 Carroll into something commendable. Still, she believes, it could be better, and specifically, shorter.

Meanwhile, the complex already underway at 235, dubbed Ecco Park early on, had planned for condos but turned rental in the spring of 2008. The project was also once in the hands of Ellisdale Construction, in the summer of 2010, but is currently being built by Hamel Builders; Hamel Builders could not be reached this morning, and Ellisdale would not disclose any information on the change.

Washington D.C. real estate development news

Thursday, September 16, 2010

Construction Start at 2400 14th Street Promised Before 2011

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Level 2 Development's original plans to replace the Nehemiah Shopping Center at 2400 14th Street NW with a large residential building fell through some years ago. But don't feel too sorry for them, as the property they bought in March 2006 for $13.27 million was sold to UDR for some $25 million, a not-so-little profit for what has remained a pile of rubble over the last couple years. But the rubble will at least be pushed around soon, as developers at UDR confirm that they are committed to starting construction on the ten-story, 255 unit apartment building sometime before the end of the year. Because the original developers and architects already navigated the PUD approval process, plans remain largely the same under the direction of UDR.

The studio apartments as well as 1 and 2 bedroom units will range from 500 s.f. to just under 1,600 s.f. in size (total of 190,000 rentable sq. ft.), and will hide the 198 space parking garage planned for the back half of the lot (half above, half below ground). A top floor penthouse comprises the tenth level of
the structure. While the bottom level will feature 18,500 s.f. of flexible retail spaces (two to six spots) reserved for tenants that will supply neighborhood wants and needs: a grocery store, restaurants, bank, café, and/or a home furnishing business are all possibilities. At least a portion of the delivered units will be affordable, but how large that chunk will be remains unknown.

Shalom Baranes will stay on as design architect. They have created an impressive building plan that will feature floor to ceiling glass views, private terraces, a media room, conference lounge, fitness
center, rooftop pool and a green roof feature, in addition to a roomy lobby that will open into an outdoor atrium. Donohoe Construction is serving as general contractor and will carryout the plans the developers hope will earn Gold LEED certification upon completion. No timetable for construction is currently being shared publicly.

Washington D.C. Real Estate Development News

Thursday, November 12, 2009

The Changing View on 14th Street

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After two years of construction and $90 million spent, the SK&I-designed View 14 started accepting leases this month as the building prepares for its first tenants to move in by the end of the month. A joint project of Level 2 Development and Centrum Properties, View14 sits at the intersection of 14th Street NW and Florida Avenue, on a site that once held the Petrovitch body shop and a dozen two-story Comcast satellite dishes - few neighbors were sad to see them go. The project will soon lose the remaining 14 story antenna tower; that alone is a welcome change for neighbors. View 14 stretches U Street northward, where half a dozen projects are in either the planning or construction stage within a single block of the new apartment building. Though originally planned as a condominium endeavor, View 14 now offers 185 rental studio, one and two bedroom units with floor to ceiling glass windows and outdoor spaces on 80% of the apartments. David Franco, a Principal at Level 2 Development, boasted of the building's rooftop views, ranging "from the Potomac River to the Wilson Bridge." Not too shabby. Franco described the building as initially looking like a "solid sheet of glass window wall," which upon closer review "responds to the bend in the road" by breaking up the western facade into "varying volumes of glass wall." He added that the goal was always to create a "stunning piece of architecture" that acts as a "gateway to and from the U Street Corridor and Columbia Heights." The general contractor is Clark Construction, interior architecture is by Studio Architecture and interior modeling by 14th Street neighbor Vastu. Washington DC real estate news

Thursday, March 20, 2008

14th Street: Apartments In, Nehemiah Center Out

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14th Street's Nehemiah Center, that vestige of bad architecture and short-sited urban planning, will soon be demolished to make way for a large residential project. Texas based UDR, which purchased the site last year, requested raze permits last week, and expects to begin demolishing the property by the end of the second quarter. UDR acquired the hopelessly outdated strip mall at 2400 14th Street from Level 2 Development, which took the project all the way through the existing, and currently approved, P.U.D. stage. UDR will implement Level2's plans, with some embellishment, at an estimated total cost of $130 million. DC-based Metropolis Development had initially purchased the option from Level2 for the rights to develop the site, but later sold the option for a profit to UDR. Nehemiah Center redevelopment - Washington DC retail development The Nehemiah Center currently serves as a one-story retail building along 14th Street, within shouting distance from the U Street Corridor - currently a real estate hotspot surrounded by several ongoing and planned residential projects. 

Level 2 wanted to capitalize on the area, but opted to sell and concentrate on its View 14 project across the street, a project that it began as condos but that is now just beginning to come out of the ground as an apartment building. UDR's adaption of Level2's plans will replace the old retail with 17,000 s.f. of new retail, and add more units than the currently approved 225. Two weeks ago, UDR's team met with City officials to apply for an addition of 30 residential units to the overall scheme. The firm expects to receive comments regarding whether this increase is feasible within the next month, after which a Zoning Commission hearing will be required. The building will rise nine stories above the 14th and U Street Corridor, advantageously perched as one of the higher buildings in the area on the slope that rises to Columbia Heights, offering the potential for the distant views rare in the District. The residential units will average 775 s.f. and were initially pushed through the planning process as condominiums, but according to sources at UDR, the market forced them to build out as a market-rate apartment building. 

There will be a number of affordable housing units as well as a 1,000-s.f. commercial space designated as educational, job training, retail space. Behind the main building will sit a multi-level parking garage, half above-ground, an issue that has been one of the biggest sources of problems from the community. UDR held a public meeting in February to address the community's concerns about design and construction phases. Turns out the community is agitated over the abundant road and sidewalk closures that result from the numerous projects in the neighborhood. UDR will now phase the construction so that the parking structure would be the first to be completed, hoping to lessen parking and traffic concerns. "Although we are a national multi-family developer, we understand the importance of local consultants who understand how things get done in their backyard. We want to bring people in who have those existing great relationships, who know how to develop projects in the city. So we felt comfortable," said Rodney Burchfield with UDR. Burchfield is referring to both Shalom Baranes Architects which is designing the new building, and Donohoe Construction, the General Contractor. "As an owner, we're looking to be a part of this new and emerging part of the District, and we want to be a great neighbor," Burchfield added. Shalom Baranes' design will feature floor to ceiling glass views, private terraces, a rooftop pool and garden as well as a massive lobby and outdoor atrium. UDR will be going for LEED points but has not decided whether or not to strive for LEED certification.

Sunday, December 10, 2006

View 14 Condos Goes Rental

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View14 condos, the high-profile project by DC-based Level 2 Development, will reportedly end sales on its project at 14th and Florida, NW, and build the yet unrealized project into rental apartments. Bethesda-based SK & I Architects designed the building to angle away from the road with walls of glass that, with the natural slope of the land, will supply many of the 170 units with a view downtown when completed in mid 2008. The much anticipated project is expected to realize the District's goal of creating a retail strip from downtown through Columbia Heights, replacing a once thriving row of auto dealerships that in recent decades became the archetype of urban blight. The 14th Street corridor's more recent rebound includes local developers like PN Hoffman populating the strip with pricey condominiums, and one of the higher concentrations of local retail in the city - at least up to W Street, where Busboys and Poets signals the end of the developed strip, until now. View14 is replacing the old Petrovitch body shop and a bevy of enormous Comcast satellite receivers, most of which have already been removed.

Many local developers have faced pressure from investors to move away from condos and toward the more lucrative apartment market, especially where investors require pre-construction sales up to 2 years in advance. Such requirements have been harder to accommodate as fewer buyers are finding it advantageous to sign a contract one to two years before completion, forcing developers to cancel condo projects early in the development projects. Level 2 is partnering with Centrum Properties, a large Chicago-based developer, to help realize the ambitious project, and retains further plans to replace the outdated Nehemiah strip mall across the Street, which it purchased for $13.2m in March of this year and intends to plow under next year in favor of a mixed-use development with condos and retail.

Tuesday, April 18, 2006

Nehemiah Center Faces the Reaper

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Level2 Development of DC announced a preliminary plan for developing the Nehemiah Center, a block-long strip mall at 2400 14th Street between Columbia Heights and U Street. The developer, already marketing View14 condominiums just across the street at 14th and Florida Ave., is partnering with Chicago-based Centrum Properties for both projects. The team hopes the weight of the two projects will bring a transformation of the area into a “retail anchor” by adding parking, 20,000 square feet of retail and 225 residential units replacing the out-of-place shopping center, and 17,000 s.f. of retail and 170 condos at View14. Shalom Baranes will design the newest project, which should start construction late next year. A spokesman said Level2 purchased the Nehemiah Center for “approximately $13m” and envisions the area as a “gateway between Columbia Heights and the 14 th & U corridor, an area largely bypassed by local development.” No name has yet been adopted for the new project.
 

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