Showing posts sorted by relevance for query landex. Sort by date Show all posts
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Wednesday, May 30, 2012

Thayer Avenue Condos Reborn as Subsidized Housing

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The long-moribund Silver Spring condo project at 814 Thayer Avenue, the former site of the National Association of the Deaf (NAD), has been reconceptualized by a new developer as an affordable housing complex.

The amended site plan was recommended for approval by Montgomery County planners earlier this month.  While the amount of public space has remained the same, at just over 40,000 s.f., new developer Landex Companies has dramatically upped the percentage of affordable housing units, in order to qualify for affordable housing tax credits.

"Before, the project had only allocated seven units [out of a total 52] as affordable," says Elza Hisel-McCoy, Program Manager at the Maryland-National Capital Park and Planning Commission. "Which was the minimum allowed.  Now they've upped that to forty-two units."  The remaining twenty percent of units will be rented at unrestricted market rates.

Architect Wiencek + Associates has also made significant improvements to the overall design, at least in Hizel-McCoy's opinion.  "Before, it was a scissoring facade, alternating floors so the building had a prow," says Hizel-McCoy.  "But now it's a triangle.  There's a single triangular area along the sidewalk - they've come up with a design that integrates the sidewalk and public space much more seamlessly than the previous design."

Landex acquired the 0.64-acre Thayer Avenue property on contract from the previous developer, 814 Thayer LLC (which was a joint venture between Banneker Ventures and Four Points, LLC) 18 months ago, according to Peter Siegel, CEO at Landex.

"We're hoping to close in August on construction financing," confirms Siegel.  "So we'd start construction in late August, with completion taking 12-14 months."

Maryland-based Landex Companies specializes in mixed-income developments, and manages over two dozen properties in Maryland.

UPDATE:  This project is a joint venture between Landex Companies and the Warrenton Group.


Silver Spring Maryland real estate development news

Wednesday, October 07, 2009

Park Morton Gets a Two-For

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Washington DC commercial property brokerageJPark Morton, Landex Corp., Warrenton Group and Spectrum Management, Wiencek ARchitects, Penrose Properties, Washington DCust over a year after DC announced the Request for Proposals (RFP) concerning the $130 million initiative to redevelop Columbia Height's Park Morton public housing complex, DC Mayor Adrian Fenty chose Park View Partners (Landex Corp., Warrenton Group and Spectrum Management) to move forward with their plan for 500 new units of affordable, work force and market-rate housing and a 10,000 s.f. park. The architect for the project is Wiencek and Associates. In a surprise move officials described as a"two-for," the Park Morton developers will also absorb the land on Georgia Avenue currently owned by the Central Union Mission to bring a wealth of mixed-use development to the Georgia Avenue Corridor. A ground breaking date was not announced. Washington DC commercial real estate development teamThe Park View team won out over the narrowed down field of teams named in March including the Park Morton Partners (Pennrose Properties, LLC, FM Atlantic, LLC, and Harrison Adaoha, LLC) and the other Park Morton Partners (Neighborhood Development Company and Community Builders, Inc.). Deputy Mayor for Planning and Economic Development, Valerie Santos, praised Landex for it's experience in successfully completing redevelopment projects of distressed urban housing, including HOPE VI projects, in cities along the East Coast. The announcement about Central Union Mission came as a surprise, as the group recently went before the Board of Zoning Adjustment (BZA) and carried out a series of community meetings about their planned development at Georgia Avenue and Newton Place. According to Catherine Fennell, a consultant working as the Project Manager with the Warrenton Group, the Mission continued moving forward while the award for Landex was pending. But Fennell indicated the two groups have been working on their agreement and will make the purchase official now that the award for Park Morton was announced. The Park Morton project is one of four designated New Communities, an initiative begun by Former Mayor Anthony Williams. Others include Barry Farm, Northwest One, and Lincoln Heights/Richardson Dwellings, all of which, the Mayor today promised, would continue forward with a guarantee of "no displacement" for current residents.

Washington DC commercial real estate news

Friday, October 09, 2009

Mission Says "Maybe" to Park Morton

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Washington DC commercial real estate newsAfter Wednesday's press conference announcing the DC government's award of the enormous Park Morton contract to Landex Corp., Warrenton Group, and Spectrum Management, DCMud promptly reported the more surprising revelation by Councilman Jim Graham that the District would roll the controversial Central Union Mission site into the Park Morton project - a win for the Park View Partners (Landex, et. al.), who get more area to work with, for the Mission, which gets bought out of a neighborhood that has fought the project from the beginning, and for the neighborhood, which slams the door on an unwanted neighbor. The problem? Neither the Park Mortonians nor the District of Columbia ever quite finalized any such agreement with the Mission. While officials have been working closely with owners of the Mission to reach such an agreement for "some time," sources at the DC government say the Mission is continuing to pursue its own zoning approval to relocate to the site, as we reported earlier, but also to negotiate with other suitors. While things may fall into place, they're not there yet.

Washington DC commercial property news

Thursday, September 20, 2012

Georgia Ave. Housing Overhaul Moving Forward

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A city plan to overhaul a DC affordable housing neighborhood on Georgia Avenue, called Park Morton, is moving forward and the city will unveil its first apartment building on Friday.

Workers put finishing touches on The Avenue on Thursday
"The Avenue at Park Morton" is an 83-unit mixed-use apartment building located at 3506 Georgia Avenue NW.  City officials will gather to celebrate its grand opening  Friday from 12:30 p.m. to 2:30 p.m.

Completion of the building is a mile-marker for "The Park Morton New Communities Initiative", which has realized only a small part of its potential.  The $170 million initiative was established under then DC mayor Anthony Williams to replace an aging public housing complex on Georgia Avenue.  The initiative is a collaboration between the District's Housing Authority (DCHA), which owns and manages the complex, and the Deputy Mayor for Planning and Economic Development.

Image courtesy Wiencek + Associates
The old Park Morton housing has 17 apartment buildings.  In a report on the overhaul initiative and the old Park Morton housing, the city notes "the site consists of suburban-style apartment buildings and incorporates design elements that tend to foster criminal activity."

In 2008, then-Mayor Adrian Fenty sent out a Request For Proposals for developing in the project in 2008, promising that no former residents of the complex would be displaced; the building broke ground in 2010.  The overall plan calls for 317 market-rate housing units, 206 affordable housing units, a 10,000 square foot park, and a new community center with green designs throughout.

The entire Park Morton redevelopment is being carried out by the Park Morton Development Partners (PMDP), a joint venture between Landex Corporation and the Warrenton Group. Wienecek + Associates designed the project.  Hamel Builders is the general contractor.

Image courtesy Wiencek + Associates
The building, which has 81,044 square feet of residential space and 2,388 square feet of ground floor retail, includes a mix of one and two-bedroom apartment units.  Residential space features lounge, a fitness center, meeting rooms, and underground parking.  It also will include ground-floor retail. While overall the plan calls for some market-rate housing, the Avenue is 100 percent affordable under the city's affordable housing laws.

The development was funded by a mix of city agencies and departments, as well as Freddie Mac, Prudential, Hudson Housing, and Capital One.

1-BR Unit Rendering, courtesy Wiencek + Associates

Friday, February 25, 2011

Neighborhood Report: Georgia Avenue

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Much has been promised of Georgia Avenue, without fulfillment. Some developers, like Chris Donatelli at the Petworth Metro, have made an impact, while miles of underutilized land changed little on one of Washington DC's major corridors. At last, investment on the avenue has arrived. Below is a summary of the improvement now underway.

The Great Streets Project, a centerpiece of the revitalization of middle Georgia Avenue, is in full swing with single lane closures tying up Taylor to Upshur Streets for much of the month. Plans include better lighting at intersections and at pedestrian level, more trees, and repaved sidewalks.

The Heights, at 3232 Georgia Avenue, will offer 69 units and 10,000 s.f. of ground floor retail, is behind schedule. The Neighborhood Development Company (NDC) project had been slated for completion for early 2011, but has been pushed to a third quarter opening. Half the units will be offered as affordable housing.

The Vue is a smaller, privately financed project at Georgia Avenue and Morton Street; 7,000 s.f. of retail space and 112 market rate apartments. Also an NDC project, the completion date is farther on the horizon since the zoning hearing was rescheduled for late this month.

3813 - 3829 Georgia Ave: This Donatelli project on a neglected strip will provide 5000 s.f. of retail and 5000 s.f. of restaurant space. It also includes Chez Billy, formerly Billy Simpson's House of Seafood, at 3815 Georgia Ave. The restaurant, to be run by Thievery Corporation's Eric Hilton and brother Ian Hilton, had been designated for the National Register of Historic Places for its role in the social and political culture of D.C.'s African American community.

Opening has been delayed because of the owners' focus on other projects, namely American Ice Company and the soon to open Blackbyrd Warehouse next to the Hilton-owned Marvin at 2005 14th Street. Projected opening date for Chez Billy is June.

At the southern end of that strip is 3801 Georgia Avenue: Donatelli's seven-story multifamily - The Griffin - is near completion, slated for July or August, 49 units for sale or lease (not yet decided). Designed by Eric Colbert and Associates, the building is residential only, no retail.

6925-6529 Georgia Ave: Blue Skye Construction has been chosen by the city to build 24 mixed income units in this fenced off, undeveloped lot on upper Georgia Avenue. The District bid the project out in 2009 and chose Blue Sky in early 2010, but the District is still grinding through the approval process.

Howard Town Center: In negotiations for an anchor grocer, Howard Town Center is seeing delays that bump the completion date to 2013 or beyond. Ongoing negotiations to obtain a grocer for what would be Georgia Avenue's largest mixed-use project have been inconclusive, and CastleRock Partners, Howard University's chosen developer for the site, has yet to move forward. CastleRock was selected in early 2009 to build up to 450 apartments, a grocery store, and a large retail component.

Georgia Ave Safeway: According to Duball LLC, groundbreaking for what will become the second largest Safeway in the city at 3830 Georgia Avenue won't occur until a year to a year and a half from now. Duball said at this month's ANC meeting that they will focus on permitting and securing approval for the Planned Unit Development. Expect completion in two to three years, at best.

Park Morton: Though Hamel Builders is on site to break ground in the joint venture between the Warrenton Group and Landex Companies on the $130 million dollar, 500 unit housing project, they're still waiting for permits says Tom McManus, Studio Director of Wiencek Associates Architects and Planners, the firm responsible for the project's design.

Dubbed "The Avenue," the development located on the southwest corner of Newton Place and Georgia Avenue includes public housing. DCMud reported that the project was to take 14 months to build, but it has to start first.

2910 Georgia Avenue: The construction of this 22 unit, all-residential development is well underway. Developed by Art Linde of ASL International, the designer is Eric Colbert and Associates. Linde bought the property from Howard University in 2009 for $560,000.

Washington, D.C. real estate development news

Wednesday, August 11, 2010

"The Avenue" (Park Morton Phase One) Unveiled

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Once again, neighborhood-blog fiends have a reason to saturate the online comments board with rabid debate over the merits of affordable housing. Yes, more Ward One "workforce housing" construction is set to get under way early next year, as the DC Council recently approved a loan injection of $16.5 million to jump-start the Park Morton redevelopment project. With a bit of pomp and optimism, developers have officially dubbed the first phase of the project "The Avenue." The much neglected area could certainly use an infusion of pride and confidence in addition to this desperately needed residential development. Located on the southwest corner of Newton Place and Georgia Avenue, 83 apartments will be built on three parcels of vacant land. Twenty-seven units of the 7-story building will be reserved as "public housing," while the remaining units will be classified as "affordable housing," serving residents with up to 60% of the area median income (AMI). Last month, in accordance with the Georgia Avenue Overlay District, The Avenue was reviewed and approved for construction by the BZA.

The broad-scoped $130 million, 500-unit Park Morton redevelopment project is a dual partnership between the Warrenton Group and the Landex Companies. Wiencek & Associates Architects & Planners are currently completing the designs for the phase one building. General contractors Hamel Builders will carry out the construction, which could begin as early as December 1st. But in all likelihood, ground will break sometime in January of next year. Once started, construction is expected to last 14 months. The PUD application process for the subsequent phases of the redevelopment plans will begin in tandem with initial construction, with the goal of transitioning rather smoothly and quickly from phase one completion to phase two construction. The general intention for the entire redevelopment project is aimed at securing quality living quarters for the current public housing tenants (phase one) that will allow the construction of the new higher density residencies (later phases) - the proportion of purely public housing in the area diminished as the planned mixed-income projects come to life. Upon the completion of all phases, the new housing will follow the rule of thirds, units divided evenly between public housing, affordable or workforce housing, and market rate housing.

The hope of developers and the design team is to amass a work of architecture that exudes modernity and sophistication, to challenge preconceived notions about "affordable housing" by using high quality materials and employing an elegant design on the exterior as well as the interior. The focal point of the design is the central corner of the building at the intersection of Georgia and Newton, where a two-story glassy entrance way, accented by a timber curtain wall, attracts the attention of the onlooker. A cutout top level terrace disrupts the plain single-box shape of the brick building, giving texture to the building, and drawing the eye up along the cornerstone of the design (pun intended). When addressing the Georgia Avenue frontage, like any good painting, the canvas is partitioned into a foreground, middle, and background, or more appropriately a bottom, middle, and top. The bottom floor is pronounced by large glass and metal, protruding store fronts that will house retail upon completion. The brick middle section is accented by boxy, extended bay windows, while the top of the building dissolves plainly and gently into the skyline. The opposite building frontage along Newton Place is an asymmetrical doubling of the Georgia Avenue design elements. The bay windows are stepped down to the first three levels so as to better transition the building across the alleyway and into the neighboring townhouse facades. This allows for a milder, friendlier, more residential feel on Newton place, and a slightly bolder, urban flavor on the more commercially-geared Georgia Avenue.

Amenities for The Avenue building include a spacious entrance lobby, featuring a wide, monumental staircase, leading up to a glass walled fitness room on the second floor. The interplay of elevation change, sight angles, and visible space provide for an open feel. The building will also feature an open and exposed internet lounge, complete with computers and printers - enabling work but also encouraging networking and social interaction. An elevator to the roof will access two landscaped rooftop terraces, one of which will be outfitted with numerous planters for community gardening opportunities. This green roof will not only provide residents a chance at producing healthy produce, but also lower the energy bill by decreasing the solar load on the flat building top. Other sustainable aspects include the exclusion of carpet and all mold-propagating building materials, floors will be a combination of wood and tiles, and bathrooms will be purely ceramic tiles. The steel frame of the building will be reinforced with insulating sheeting to prevent temperature transfer and help maintain a consistent indoor climate. The building will be equipped with high efficiency heat pumps, and solar energy panels on the roof will provide hot water for a communal laundry facility. Builders will replace all sidewalks with brick pavers, granite curbs, and two rows of continuous planter strips, where trees, shrubs, and flowers will bring shade, color, and life to the public space. Classic twin-fixture lighting will illuminate the sidewalk along Newton in the evening, and the elimination of two curb cuts will allow for increased on-street parking. Also included in the plan is a 29 space below-grade parking garage.

Developers admitted there are challenges to producing mixed-income projects, including the task of overcoming negative perceptions about the neighborhood and the stigma of mixed-income residencies. But architect Scott Knudson explained that such a test is most effectively bested by setting a lofty bar of excellence. "The way to overcome such notions is by setting a high architectural standard and creating a building worthy of residents of all income levels," said Knudson, arguing that quality and style were not sacrificed here to meet budget. The designer's commitment to excellence extended to their refusal to compromise on small details like ceiling height and top-of-the-line kitchen appliances. Knudson says the design process for each new building will be approached and evaluated on a project by project basis; and new designs will refrain from replicating too closely the appearance of the first apartment building; "neighborhoods are richest when developed over time, and this phased process encourages both consistency and a sense of texture and variety."

Washington Real Estate Development News

Wednesday, March 04, 2009

Prospects Announced for Park Morton

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Following last summer's Request for Proposals, Deputy Mayor Neil Albert has announced the three development teams contending for the $170 million redevelopment of the Park Morton housing project in Northwest Washington. Per the specifications of the RFP, all three are vying to reinvent the troubled public housing complex with more than 500 new units of affordable and market-rate housing and 10,000 square foot park.

The teams named by Albert are the Park Morton Partners (Pennrose Properties, LLC, FM Atlantic, LLC, and Harrison Adaoha, LLC); another Park Morton Partners (Neighborhood Development Company and Community Builders, Inc.); and, lastly, Park View Partners (Landex Corp., Warrenton Group and Spectrum Management).

"We need a partner that [is] capable of more than just building housing,” said Albert in a prepared statement. “We are looking for someone who is committed to building a healthier, safer new community. This response, especially in light of the current economic conditions, speaks volumes about the value of this opportunity.”

The Park Morton project was greenlighted under the of the New Communities initiative – a District-led program to transform blighted public housing complexes into “mixed-use, mixed-income communities." Other such developments targeted for redevelopment by the Office of the Deputy Mayor for Planning and Economic Development (ODMPED) include the long-gestating Northwest One, Barry Farm and the Lincoln Heights/Richardson Dwellings in Northeast.

According ODMPED, the bidding development teams will make public presentations regarding this plans for Park Morton at an unscheduled time “later this spring.”

Monday, January 25, 2010

Central Union Mission Pursues Gales School, Again

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The District has issued a Request for Proposals to revive the Gales School at 65 Massachusetts Avenue, NW. Officials must be hoping for a better result than the previous efforts to develop the building shell, a swap with the Central Union Mission for its land at 3500 Georgia Avenue - a site that might now be part of the Park Morton Development. The announcement indicated DC was seeking offers from private companies and non-profits to renovate the historic building (circa 1881) and operate it as a homeless shelter, capable of serving upwards of 150 people each night. The RFP is the first sign that the furor over previous efforts have subsided, and the dilapidated building will once again provide services to the city's homeless.

The District ran the building as a homeless shelter between 2000 and 2004. In the proposed trade, DC would have gained the Georgia Avenue property and the Mission would get use of the school as a shelter, plus an additional $7 million. But the exchange was derailed by an America Civil Liberties Union lawsuit claiming an Establishment Clause violation - i.e. separation of church and state - because the trade would, according to the suit, result in a "net gain" of $12 million for the Mission, which the ACLU objected to because the Mission requires homeless men to participate in religious services in return for room, board and counseling services.

In the face of the lawsuit, the Mission proposed to move the shelter to Georgia Avenue, only to face fierce community opposition to a homeless shelter and more opposition when the plan changed to a mixed-use residential and office project. That changed in October when DC Officials announced that the development team of the Park Morton Project, Park View Partners (Landex Corp., Warrenton Group and Spectrum Management), would be absorbing the Central Union Mission Property as part of Park Morton, though Park View has not yet solidified that agreement with the Mission. (Image below at left)

David Treadwell, Executive Director of the Central Union Mission, said that the deal with Park View Partners is a "long-term contract" that cannot be finalized until negotiations between the District and the developers are completed. That said, the property is "off the table as far as a swap with the government goes" said Treadwell. With the swap option gone and the $7 million spent long ago elsewhere, the Mission will now compete for the Gales School. Treadwell said it was his understanding that the concerns raised in the lawsuit had more to do with the cash payments than with the land swap, so the Mission will submit a response to the Gales School RFP.

Treadwell added that he hopes the new proposal will "work for everybody, that is fair to everybody and acceptable to the community" because the Gales School is a "great location for serving the poor and the homeless." Still, the Mission's offer will depend on its ability to raise funds for a project that ultimately will not be a revenue creator, and which may be torpedoed again if perceived to contain any sort of subsidy, a problem that non-religious organizations would not face. Treadwell said the Mission's offer will likely call for an addition to the building of approximately 5,000 s.f. for a new kitchen, classrooms and storage space to serve 150 or more men a night. The project will likely cost $12 to $14 million, "we are entering with fear and trepidation," said Treadwell.

As for the lawsuit, Treadwell said he cannot speak for the ACLU or other parties of the suit as to whether the new arrangements and changes to the original plans will have resolved any concerns. The Gales School was designed by Edward Clark, the Architect of the Capitol, and named for DC's 8th Mayor.

Washington, DC real estate and development news

Friday, March 19, 2010

Banneker Ventures Questioned on Development Process

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Pressure on Mayor Adrian Fenty heated up today as questions increased about the Mayor's developer selection process amid news that WMATA may be backing away from Banneker Ventures as a development partner. Banneker has been awarded numerous projects worth tens of millions of dollars by the Mayor's office despite its perceived lack of development experience.

Today, the WMATA board removed the Banneker project "The Jazz @ Florida Avenue" at 8th and Florida Avenue from the agenda for the real estate committee next Thursday, at which time it would have taken-up a joint development agreement for the WMATA-owned property. Today's move comes after WMATA issued a 120-day extension on the agreement in September 2009. Banneker was chosen for the project in June of 2008, but has not yet started work on the site. More than a year later it announced it would partner with Bank of America and had petitioned for government funds, advances that were to have moved the project forward. The developer had already been pledged a $7m TIF grant from the District.

The move by WMATA likely comes in response to questions raised first by this publication about justification for awarding so many projects to a team with so little apparent experience, then by the CityPaper and Washington Post about the how the relationship between Banneker's founder and D.C. Mayor Adrian Fenty may have affected the selection process. The two men attended Howard University and were in the same fraternity.

In addition to the WMATA site on Florida Avenue, the virtually unknown Banneker has been selected by the District on numerous multi-million dollar projects throughout the city, despite a large roster of construction and development firms available for such projects as private financing for construction was drying up. Banneker's luck began in late 2007 when it was selected by the District to be part of the $700 million Northwest One project. Around the same time, Banneker was named as a master planner on the monstrous Park Morton project (see DC's summary). Despite lack of movement in those two projects, or on its private projects (see more below) it was then selected for a string of projects such as the WMATA site in June of 2008, and by DC for the iconic Strand Theater in July of that year, then in October to head the $33m Deanwood Community Center project. In October of last year the District named Landex Corp, Spectrum Management and the Warrenton Group as developers of Park Morton. The Warrenton Group is run by a former Banneker member that has also had a contentious relationship with the city.

Park Morton raised eyebrows at the Mayor's development process for yet another reason; the District announced just last October that the Mayor had selected its team members for Park Morton in part because that development team said it controlled and would bring the Central Union Mission site into the development plan, increasing its scope. DCMud learned a few days later that the Missions' owners had never agreed to transfer their property to the development team, calling into question the District's selection process and the claims made by the development team to secure the project. Banneker is also being considered for its development offer at Hill East, a massive 50-acre parcel on the Anacostia River. Banneker's publicly-funded projects at the WMATA site, the Strand, Park Morton have yet to break ground.

In a contentious radio interview on the Kojo Nnamdi show following the announcement, Omar Karim, founder and principal at Banneker Ventures, called out the WMATA board for further delaying review of the agreement on the RFP awarded in 2008. In the interview, Karim, who dismissed suggestions that the board had legitimate concerns, argued that WMATA continued to "move the bar" on his project for "political" reasons. The Jazz @ Florida Avenue would theoretically bring 124 apartment units above 20,000 s.f. of ground floor retail and a 61-space parking garage to 3 flea market-sporting lots.

Tom Sherwood, resident analyst at NPR, asked Karim how many contracts he had received prior to Fenty taking office, to which Sherwood ultimately answered his own question with "none." Asked specifically about his experience, Karim answered that he had solid development experience at a large firm prior to starting Banneker, but would not name the firm or elaborate on the experience. As for Banneker's experience, Karim could only cite that his firm held an office building in Silver Spring and an unspecified site in which he "has been in conversations with Safeway about developing." At the time of publication, Safeway was unable to confirm or deny these conversations.

So what about that Silver Spring office building? That would presumably be 814 Thayer Avenue. Banneker purchased the site in May of 2006, submitted plans later in the year, and in July 2007 obtained Montgomery County Planning Board approval of a preliminary plan for a 52-unit residential building, a plan that was reviewed in November of 2007. The next step would be site plan approval, but, to date, the team has not even submitted a site plan to the planning staff for certification. Banneker will need a certified plan before the group can file for any construction permits for the property, making the September 2010 ground breaking date seem, at best, optimistic.

The 5-story Thayer project, designed by Sorg & Associates, would entail construction of a 53-unit condominium, in place of National Association of the Deaf office building. Joshua Sloan, a staff reviewer at the MNCPPC, provided an update on the project, "my understanding is that they want to amend their proposal, but I have not seen anything. I suppose it is "officially still pending." Sloan and his comments are the last stop before Banneker can proceed, a process which "can take a week or a year...depending on the Applicant’s response time to comments."

Banneker's website also boasts the Pattern Shop Lofts on the Waterfront, a project led by Forest City Washington that has not yet broken ground. Banneker registered with the District government as a small, minority-owned business in 2005.

Washington, DC real estate development news
 

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