Showing posts sorted by relevance for query poplar. Sort by date Show all posts
Showing posts sorted by relevance for query poplar. Sort by date Show all posts

Tuesday, February 03, 2009

Barry Weighs in on Poplar Point

6 comments
While the inevitable fallout from the Poplar Point decision continues, one of DC’s most controversial politicians has made it plain where the blame lies: Mayor Adrian Fenty. Councilman Marion Barry opined on the subject of the District’s split with developer Clark Realty Capital over the $2.5 billion Poplar Point redevelopment in Southeast – a project once slated to deliver a hundreds of new residential and hotel units to the neighborhood, along with a new stadium for the DC United.

This past Friday, the former mayor and current Ward 8 representative issued a statement condemning both Mayor Adrian Fenty and Deputy Mayor Neil Albert’s handling of the development process. The full text of the letter follows below, courtesy of The Washington Post [grammatical errors in the original].

January 30, 2009

Honorable Adrian Fenty
1350 Pennsylvania Avenue, NW
Washington, DC 20004

Dear Mayor Fenty;

This letter is to express my disappointment at the way you and your administration has handled the Poplar Point development. The announcement this afternoon terminating the partnership with Clark Realty is another staggering blow to a project that was already hindered by an unfocused approach. I told you over a year ago that your quick change in direction to put the project out as an RFP would stall the efforts to keep things moving in the right direction. I still believe that the original approach was the best option to rapidly plan and execute this critical development. The setback today demonstrates how your administration's decision making places the promise that is Poplar Point farther out of the reach of the residents of Ward 8.

For over three years the Advisory Neighborhood Commissions, heads of civic associations, ministers and other community persons have spent hundred of hours giving input in what we in Ward 8 wanted to see at Poplar Point. Moreover, I have personally met with Deputy Mayor Neil Albert at least a dozen times as it relates to the development of Poplar Point. Early on he discussed with me the attitude of Council as it related to the original approach to the project. I told him repeatedly, that the great majority of Councilmembers, for the sake of urgency and expediency, would support the sole source deposition if the community were in agreement with the plan, which they were.

It has always been understood that this would be a complicated process. The clear attitude was to support a direction that would allow planning and other preparations to keep pace with the mountain of federal requirements that have to be satisfied. This is no longer possible, at minimum a year has been added to the process.

I have never seen the Ward 8 community so unified behind a project such as Poplar Point. Now I will be forced to face my constituents and community leaders to tell them we are headed back to the drawing board. Over my concerns and those of the people, many of whom it took a long time to convince to support any project at Polar Point, you charged ahead without us. I am certain that this serious misstep will have a lasting negative effect on the public support for the project. In addition, it will be difficult to attract a quality developer to the project. Even so, I remain optimistic that your administration will move quickly to resolve this situation. Your next steps will be crucial in maintaining the promise made to the citizens of Ward 8.

I look forward to your response on this important matter.

Sincerely,

Marion Barry
Councilmember, Ward 8

Wednesday, November 05, 2008

Still No Goal for Poplar Point Stadium

4 comments
Washington DC commercial real estate, retail development brokerageWith several District-sponsored projects in Southeast announced in recent months, just what 's been happening with the biggest of them all - the Poplar Point Soccer Complex? Michael Durso, Project Manager at the Office of the Deputy Mayor for Planning and Economic Development (ODMPED), spoke to DCMud about the status of the long-awaited project. "There is nothing happening right now and no bid has been issued," he said.

Nevertheless, he assured DCMud Washington DC major league soccer stadiumthat the release of any bid for the 27,000 seat, $150 million (before cost overruns) stadium would be preceded by a very public announcement from ODMPED when and if one is issued.

This much, however, is certain: while projects across the river on the Southeast Waterfront continue to pile up, Poplar Point appears to have been left in the proverbial lurch (one only has to look as far the District’s barren Poplar Point website for evidence). Of course, given the less than desirable performance of Nationals Stadium and DC United’s 2008 drop in attendance, it stands to reason that the City isn’t jumping at the chance to fund another stadium that – at best – would only be three-fourths full. Of course, old man economy isn't making it easy for new (and expensive) development these days either.

Nonetheless, ODMPED appears to still be testing the troubled waters that surround the project. After obtaining a Washington Nationals baseball stadium, southeast DCCongressional edict that transferred the land to District control, the Deputy Mayor's office has courted developers and participated in community meetings that discussed the stadium’s potential environmental impact. However, the city remains intensely interest in Ward 8 these days, as evidenced by the redevelopment of the St. Elizabeths campus - a deal that also boasts the lucrative relocation of a massive amount of federal infrastructure.

Adding another layer of red tape to the matter is the fact that Poplar Point DC, major league soccer stadium, HKS architectsoutspoken Ward 8 Councilman Marion Barry has said he'll approve no plans for the Point that don't include a stadium. This could very well be a contributing factor to the Council's failure to reschedule a hearing on the stadium following their summer recess. In other words, if the stadium can't move forward, neither can Poplar Point.

While we wait (and wait), all would-be hooligans would do well to check the nifty, HKS-designed renderings for the proposed complex that come to us courtesy of the official website of Major League Soccer.








Saturday, January 31, 2009

Unpoplar Point - Clark and District Sever Ties

4 comments
Clark Realty Capital, Anacostia, development, Poplar Point, Washington DC, Neil AlbertThe District announced Friday that it is ending its agreement with Clark Realty to develop Poplar Point, the 110-acre parcel that fronts the Anacostia River. In an unusual late night announcement, Deputy Mayor Neil Albert said "Clark is a great local company that will continue to do Clark Realty Capital, Anacostia, development, Poplar Point, Washington DCexcellent work in this city. But in this extremely challenging economic environment it is no longer practical for Clark to pursue the deal structure we currently have in place." The District announced on February 14, 2008, that Clark had been selected to lead the development team. Development had always been contingent upon several key factors, such as transfer of the land from the federal to the District government and a favorable environmental impact study. Several groups have since contested the project, noting the diversity of wildlife that exists on the site, and the desirability of converting it into a 70-acre park and mixed-use development. In an interview with DCMud last May, the Deputy Mayor said the project remained on track. "Poplar Point is off in the distance, but Clark, the main developer hasn’t had problems getting the money they need. There is such a strong interest in the development of the District that as long as that interest remains, these projects will stay on schedule." Development was never expected to be imminent, with most of the interested parties pegging construction over a 10 to 20 year timeframe, the announcement is a setback for the District, which began the official search for a development partner back in August of 2007. "The District will continue the planning process for Poplar Point and pursue avenues for site remediation and infrastructure development. In the near future, the District will issue a solicitation for vertical development partners for site. All development activities will continue to be contingent upon the outcomes of the environmental impact study process," said Albert.

Washington DC commercial property news

Monday, December 04, 2006

AWC Presents Poplar Point Proposals

0 comments
Poplar Point, Anacostia, Skidmore Owings & Merrill, real estate development map
Last week, the Anacostia Waterfront Corp. (AWC) officially presented at a public meeting the first proposals submitted for the development of Poplar Point, 110 acres located across the river from the Washington Navy Yard at the eastern foot of the South Capitol Street bridge in Southeast DC. This land will be transferred by the Federal government to DC as part of legislation passed on November 16th. The proposals, drafted by Skidmore, Owings & Merrill LLP, presented two visions for the land. The first shows retail, office, and residential development in three clusters (near Good Hope Road SE to the east, W Street SE in the middle, and Howard Road SE to the west), with a new soccer stadium (and parking) for DC United and a 500-room hotel and conference center near the W Street development. 

Anacostia River and Poplar Point - real estate development in Washington DC
The second proposal shows all the retail, office and residential development, but leaves out the soccer stadium and hotel. New roads are also to be built to link these three clusters. The residential component calls for between 1,400 and 2,300 units, with 30% priced below market rate. Almost half of the transferred land will be preserved as public park land and green space and trails along the Anacostia River. These proposals, which are open for public comment, will not be finalized for a number of months.

District of Columbia real estate development news

Thursday, February 14, 2008

Clark Wins Poplar Point

2 comments

Mayor Fenty announced this morning that Clark Realty Capital was chosen as the developer for Poplar Point - 110 acres of undeveloped land with a full mile of Anacostia waterfront, sitting just across from the new baseball stadium. Development of Poplar Point is the key to the District's $10 billion, with a "b", Anacostia Waterfront Initiative.


The District began the process with a solicitation last August, bids were due by last November. According to the District, it sought development teams based "on their vision, qualifications, financial capacity, and commitment to community engagement." The District and Clark still have an uphill battle to get the land secured; it is still owned by the federal government and transfer depends on a suitable environmental impact study. The final plan will include a 70-acre park, a "hub for businesses" and an assortment of mixed used development in an area the District has called "underused and isolated." Clark's plan included a bridge over I-295 to make the park accessible to pedestrians from Anacostia.

Clark Realty is based in Arlington, Virginia, and offers a broad range of real estate development, management and financing services. Mayor Fenty called the project "the largest economic development project the District has ever embarked on and we are making investment where it is needed most - East of the River."

Thursday, August 23, 2007

DC Bureaucrat Seeks Rich, Ambitious, Type-A Developer for LTR

3 comments
Hard working DC bureaucrat, ISO experienced, rich masochistic-type for long term relationship.
The Deputy Mayor for Planning and Economic Development has issued a Request for Expressions of Interest (RFEI) for Poplar Point, the mostly vacant site along the eastern banks of the Anacostia River in Ward 8. DC's purpose in issuing the RFEI is to "identify highly qualified developers who have the creative vision, demonstrated experience and organizational and financial capability and capacity to plan, construct and potentially operate a world-class mixed-use development and waterfront park."

Developers whose only experience includes conversions of 4-unit apartment buildings into condos need not apply - Poplar Point is expected to become a residential, commercial, cultural, and recreational development - 130 acres in all - with one mile of Waterfront, one of the key sites in the District’s $10 billion Anacostia Waterfront Initiative, with the potential for a soccer stadium, and sitting directly across from the new baseball stadium to boot.

Despite its location just across the river from the new stadium and a short drive to the Capitol Building, with views of the downtown skyline and monuments, Poplar Point is "an underutilized and isolated" collection of federal facilities, according to the District. The District’s vision for the redevelopment is embodied in the Anacostia Waterfront Framework Plan and includes "high-quality development, an emphasis on urban waterfront life, a commitment to environmental stewardship and the preservation of community character that fully engages local residents, community groups and other stakeholders..." Interested suitors should have thick skin too, as if working with the aforementioned groups won't get contentious enough, neighbors have already protested the "upscale" nature of the project, contending that hotels, conference centers and stadiums will not provide services they need, or will be able to afford.

The Anacostia Waterfront Initiative eventually proposes new parks, trails, housing, retail, office space and cultural amenities over the next 20 years, connecting residents of nearby Barry Farm, Hillsdale, Fairlawn and Historic Anacostia to the river.

Responses to this RFEI are due by October 19, 2007 at 12 pm. The District expects to select a development partner before the end of the year.

Friday, October 20, 2006

Anacostia Waterfront Corp. Reveals Poplar Point Plans

1 comments

The Anacostia Waterfront Corp. (AWC) is keeping itself quite busy these days, first with selecting a development team to work on its $800 million redevelopment of the Southwest waterfront along the Washington Channel, and now announcing at a recent community hearing its preliminary plans for its 110-acre Poplar Point project, located across the river from the Washington Navy Yard at the eastern foot of the South Capitol Street bridge in Southeast DC. The AWC expects the federal government to transfer this land to it in November. In addition to the site possibly hosting a new DC United soccer stadium and a hotel, initial plans also call for townhouses and mixed-income rental developments to be built, along with new retail and parks. Skidmore, Owings & Merrill LLP has been assigned the task of creating a design for Poplar Point.

Monday, January 22, 2007

Poplar Point Plan Meets Resident Resistance

4 comments

On Saturday, the Anacostia Waterfront Corp. (AWC) and DC government officials finally unveiled at a public hearing in Anacostia the long-awaited plans for a mixed-use project on 110 acres along the Anacostia River that would include a new soccer stadium for DC United, but the plan as it currently stands is meeting some resistance from area residents. The Poplar Point plans call for 2,000 housing units, a 27,000-seat stadium, a hotel and conference center, and a 70-acre park. Residents and neighborhood activists quickly voiced concern over the upscale nature of the project, which might preclude them from enjoying the development, if not price them out of the area. Also, the hotel, conference center, and stadium were not services they need or would use, and there was no guarantee regarding job creation for the community. The AWC will continue to hold public hearings through the Spring (when the US Department of Interior will complete transfer of this land to DC) in hopes of addressing these concerns and altering the project accordingly.

Monday, April 13, 2009

Homes Near the Pros in Capitol Heights

1 comments
The Redskins may (still) disappoint, but the same can’t be said of the impact that construction of their newest home at FedEx Field has had on the surrounding Prince George's County (Capitol Heights) community. The area has been awash in new retail and commercial development since the Skins came calling in 1997 and, now, a handful of developers are aiming to transform Capitol Heights into the area’s newest suburban commuter enclave.

First and foremost, the Glenwood Hills development at Central Avenue and Addison Road is currently set for a large-scale expansion, per a recent approval by the Prince George's County Planning Board. The project - the first phase of which boasted 90 single-family homes, 117 townhouses and a "central recreational pod" - was sold by the original owners, Avanti Properties Group and Upshire Realty Advisors, to Berman Enterprises in 2006. Now, the new management is planning to get underway on 63 new single-family homes and 134 duplexes in February 2010. The new homes will range in size from 1,873 to 3,596 square feet. Berman has also presented the Planning Board will a proposal for Phase III that is planned to include another 45 single-family homes, along with 144 “multifamily dwelling units.”

Closer to the DC line, the Beazer Homes Corporation is set to proceed on a single-family development. Their Brighton Place development on Rollins Avenue is planned include 68 single-family homes and 60 townhouse units, ranging in size from 2,100 to 3,000 square feet. Construction has yet to commence on home one, but the developer has priced the standalone units from the mid-$300s with the townhomes starting in the mid-$200s.
Townhouses are also the order of business for the Villages at Peppermill, a project from Structures Unlimited and Foster Communities that broke ground in 2006 on a 20-acre plot with the already established 50s-era Peppermill Village development. While the 96 homes at Central Avenue and Cindy Lane are still aiming to reach their proposed 2010 completion date, a few details have fallen by the wayside in the interceding months since the project was first announced. Namely, both a proposed community center and police substation with the development have been nixed by the developer.

That, however, hasn’t stopped Structures Unlimited President Kareem Abdus-Salaam from pushing for more development in the Capitol Heights area. Two weeks ago, he was one of the local entrepreneurs involved with Prince George’s County Executive Jack Johnson’s proposal for the land transfer from Metro to the County to make way for a new 24,000 seat DC United Stadium at the site of the current Morgan Boulevard Station. If that $195 million dollar project comes to fruition (something which the District government couldn’t pull off at Poplar Point), perhaps it will wind up finishing what FedEx Field started more than a decade ago.

Thursday, January 08, 2009

DC's Development Pipeline in 2009

1 comments
Developmentally speaking, 2008 was a big year for the District of Columbia. While it was the annus horribilus for real estate, it did witness the opening of eagerly anticipated projects like CityVista, Union Row, and of course, Nationals Stadium, to name a few, and saw other big ticket developments like the Southwest Waterfront project and The Yards stride further toward realization.

Still, many District-solicited projects await the green light to begin construction, in the process of selecting a team or are still up for grabs. Here's a breakdown of those projects and where they stand for 2009.

Available Proposals:

In one of their more unique offers, the Office of the Deputy Mayor Planning and Economic Development (ODMPED) is currently seeking a developer to take control of a 13.5-acre concrete manufacturing facility at 1515 W Street, NE. The site is currently operated by the District Department of Transportation, which plans to vacate the facility by August. Any new tenant will be required to submit to a ground lease agreement for a minimum of 10 years. Proposals for the “Develop and Operate a Concrete Plant Solicitation” are due by January 9th.

As previously reported, ODMPED is currently seeking a development team to revitalize two long-abandoned properties at 400-414 Eastern Avenue and 6100 Dix Street, NE, in the Deanwood neighborhood. The city government is looking to redevelop the properties into an affordable housing complex with a local retail component. Proposals are due to ODMPED by February 16th.

One of the bigger projects currently on deck with the city government is the redevelopment of several “excess” schools, closed due to recent budget shortfalls and threadbare facilities. These include Backus Middle School, Grimke Elementary School, Hine Junior High School, the Langston School, M.M. Washington High School, the historic 1911 school building of Randle Highlands Elementary School, Rudolph Elementary School, the Slater School, the unoccupied portion of Slowe Elementary School, Stevens Elementary School, and Young Elementary School. The sites will not be put to their former use; any plans will be considered, provided they exhibit a “creative vision for development or reuse” and “an understanding of neighborhood context.” A pre-bid conference will be held January 9th, proposals for the redevelopment of any or all of the facilities are due by February 27th.

ODMPED has also “amended and restated” their solicitation of offers for the Park Morton public housing project redevelopment that had been previously announced in September of last year. Proposals for that project are now also due by February 27th.

Proposals Submitted:

Bidding recently closed on three vacant parcels the District intends to re-appropriate as parking lots: 463 I Street, NW (available for 24 months until construction commences on Donohoe’s Arts at 5th & I project), 2 Patterson Street, NE and 33 K Street, NW (formerly the demolished Temple Courts public housing complex).

Proposals were received in September for two District-owned parcels at Fourth/Sixth and E Streets, SW – one piece of which is intended to house the Metropolitan Police Department’s new Consolidated Forensic Laboratory.

An announcement is anticipated soon regarding proposals submitted in October for the Hill East Waterfront/Reservation 13 project, which is intended to include more than 5 million square feet of mixed-use development and an extension of Massachusetts Avenue, SE – the latter of which is already underway. As of November, the District had narrowed down the contenders to competing four development teams.

The so-called “Lincoln Lots” – two V Street, NW parcels adjoining Shaw’s historic Lincoln Theatre – were also the subject of an RFP that closed this past September. ODMPED was seeking “developers to assist in repositioning real estate associated with the [theatre] to complement and benefit the ongoing operation of the Lincoln.”

Development Partners Selected:

Of the projects solicited by ODMPED over the past year, the majority have already been snatched up by development teams. These include Blue Skye Development, in concert with the Mayor’s New Communities Initiative, for an abandoned apartment complex at 4427 Hayes Street, NE; Donatelli Development and Mosaic Urban Partners for two parcels at 3813-3815 and 3825-3829 Georgia Avenue, NW; Blue Skye Development and the Educational Organization for United Latin Americans for the abandoned Tewkesbury building at 6425 14th Street, NW; Argos Group for two District-owned Capitol Hill properties at 525 Ninth Street, NE and 1341 Maryland Avenue, NE (aka Old Engine House 10); Donohoe Companies for the Arts at 5th & I project in the Mount Vernon Triangle; Donatelli Development and Blue Skye Development for the $108 million mixed-use project adjoining the Metro station at Minnesota Avenue and Benning Road, NE; the William C. Smith & Co., Jair Lynch Companies, Banneker Ventures LLC and CPDC for the $700 million, 1600 unit Northwest One New Community that also includes retail, office and medical components; Clark Realty for the massive, $2.5 billion redevelopment of Southeast’s Poplar Point community; and, lastly, Washington Community Development Corporation and Banneker Ventures, LLC for the transformation of Deanwood’s dilapidated Strand Theatre into a mixed-use retail and office complex.

Monday, July 28, 2008

DC's Development Pipeline

11 comments
Ever since the Fenty administration took over development of the District's publicly-owned property, merging agencies and placing them under his direct supervision, it seems development of blighted blocks has been given a new urgency, even compared to that of the Williams administration - itself a great improvement over its predecessor. But despite weekly announcements from the Mayor and the Office of Planning and Economic Development, many of the projects still have to proceed through the District's infamously thick bureaucracy. But if China can cleanse its murky atmosphere in a few short months, there is cause for optimism that change is in the air here in Washington. DCMud has prepared a rundown of the largest projects now underway, properties in need of developers, and solicitations to look for in the future.

The projects listed below are still being refined. The numbers and square footage assigned to each are conceptual and are subject to change.

Projects With Developers

Southwest Waterfront by Hoffman Streuver will offer 539 market-rate units and 231 affordable units. The $1.5 billion project will also include 350 hotel rooms, 700,000 s.f. of office space and 280,000 s.f. of retail space. On July 15th, the DC Council approved a $198 million TIF/PILOT package to finance park and infrastructure improvements. Groundbreaking is not expected any time soon, with construction lasting at least 6 years.

Waterfront, the erroneously named project at 401 M Street, SW, will deliver 800 market-rate and 200 affordable residential units as well as 1.3 million s.f. of office space and 110,00 s.f. of retail space. Mayor Fenty joined SW Waterfront Associates (Forest City Wasington, Charles E. Smith Vornado) in November to demolish the former Waterside Mall. The $800 million project will sit atop the Waterfront -SEU Metro station.

Clark Realty was selected in February as Master Developer for Poplar Point on the east side of the Anacostia. The number of residential and hotel units they will deliver has not yet been determined, however 30% of all residential units will be affordable. The District and the National Park Services held a public scoping meeting last month for the Environmental Impact Statement of the $2.5 billion project.

Center Leg Freeway on Massachusetts Ave, NW between 2nd and 3rd Streets is being developed by Louis Dreyfus Properties into 100 market- rate and 50 affordable residential units. The $1.1. billion project will cap the exposed section of I-395, and include 2,100,000 s.f. office space and 67,000 s.f. retail space.

The McMillan Sand Filtration Site on North Capital Street and Michigan Avenue will be developed into 820 market-rate units, 351 affordable units, and a 100-room hotel by EYA. The $1 billion project will also deliver 700,000 s.f. of office space and $110,000 s.f. of retail space. The project has long been worked over, but don't make plans for moving in any time soon.

In May the District reached a deal with Hines Archstone to develop a 400-room "high-end" hotel and 100,000 s.f. of additional retail space on "Parcel B", a 53,000 s.f. plot of land that is part of the larger CityCenter DC, the development taking up residence on the old convention center site. The entire $850 million project downtown will deliver 539 market-rate units, 135 affordable units, 476,000 s.f. of office space, and 266,000 s.f. of retail space.

On June 26th, Marriot International, Cooper Carry Architects and EHT Traceries presented plans for the Convention Center Headquarters Hotel to the Historic Preservation Review Board. Located on the Corner of 9th Street and Massachusetts Avenue, NW, the $550 million project will deliver 1125 hotel rooms and 25,00 s.f. of retail space. Having been scaled back from its original 1400 bed facility, the project is well past its early schedule, of construction in 2007.

O Street Market at 7th Street and Georgia Avenue will be transformed into a mixed-use development that will include 550 market-rate and 80 affordable residential units by Roadside Development. The $329 million development will replace a current Giant supermarket with a new 71,000 s.f. store and include a 200 unit hotel and 87,000 s.f. of retail space. The District reached an agreement with the developer late last month to kickstart financing. Of the dozens of projects promising to revitalize the Shaw neighborhood, this may be the first large project to actually get underway.

Skyland Shopping Center on Good Hope Road at Naylor and Alabama Avenue, SE will be developed by Rappaport Companies and William C. Smith Companies into a $261 million development with 155 market-rate units and 66 affordable units as well as 230,000 s.f. of retail space. When? Even an estimate will be fine.

City Vista, which began sales in late 2005, will bring 441 condos with 138 affordable residential units to, as well as a separate apartment building, to 5th and K Streets, NW. The project will also include 130,000 s.f. of retail space and will cost $191 million. The first condominium building completed last October, the remaining condominium and the apartment building are nearly ready for occupancy.

Early this year, Fenty signed a Land Disposition Agreement with Broadcast Center One Partners LLC, (Ellis Development and Four Points, LLC) that will bring African-American-owned Radio One to the district. The $144 million Broadcast Center One at 7th and S Streets, NW will be a mixed-use project with 135 market-rate and 45 affordable residential units as well as 96,000 s.f. of office space and 22,000 s.f. of retail space. According to Fenty's office, "the deal also sets in motion the $22 million redevelopment of the Howard Theater, a long-shuttered landmark that was the hub of black Broadway." If it gets built; the timeline remains uncertain.

Mt. Carmel (Parcel 51B) on 3rd Street, NW between K and H Streets is being developed by MQW LLC (Quadrangle and the Wilkes Companies) into $130 million mixed-use project with 267 market-rate units, 67 affordable units and 90,000 s.f. office space.

Forest City Washington is responsible for the $120 million O Street SE Redevelopment by the SE Federal Center. It will deliver 354 market-rate units, 89 affordable units and 47,000 s.f. of retail space.

The Village at Dakota Crossing in Fort Lincoln by Ft. Lincoln New Town Corporation will include 327 market-rate and 30 affordable units. It will cost $110 million.

Mid City Urban and A&R Development will bring 216 market-rate and 54 affordable residential units as well as 70,000 s.f. of retail space to the area around the Rhode Island Avenue Metro station with their $105 million Rhode Island Station project. First attempted as a condo project, developers have bowed to the market and substituted apartment buildings - at least in theory, as the project has yet to break ground.

The $100 million Shops at Dakota Crossing on New York and South Dakota Avenue, NE will be developed by Ft. Lincoln New Town Corporation into 29,000 s.f. of office space and 461,000 s.f. of retail space.

Lowe Enterprises and Jack Sophie Development have long had intentions to develop Riggs Road and South Dakota Avenue, NE (Triangle Parcel) into 208 market-rate units, 52 affordable units and 23,223 s.f. of retail to the tune of $75 million. The fate of the project is uncertain, as higher construction costs, shrinking condo prices, and more conservative lending practices - especially in low-income neighborhoods, make such projects harder to justify.

Park Place on Georgia Avenue in Petworth will be developed by Donatelli Development into 161 market-rate units, 32 affordable units and 16,000 s.f of retail space and will cost $60 million. Purchased by Donatelli, along with partners Gragg & Associates, Canyon Capital Realty Advisors and Earvin 'Magic' Johnson, will be one of the few developers delivering new condos in 2009.

In February, the District made a Term Sheet with Parcel 42 Partners to develop 95 affordable housing units and 8,000 s.f. of retail space on Parcel 42, in Shaw at 7th and Rhode Island Avenue, NW for $28 million.

In December 2007, the District selected William C. Smtih Companies and the Jair Lynch Companies to develop the $700 million Northwest One New Community that will deliver 1,600 units of housing on former NCRC parcels as well as adjacent DC-controlled and private properties in Ward 6. Located between North Capitol Street, New York Avenue, New Jersey Avenue, and K Street, the site is in an area that has "long been plagued by high crime and poverty", but is surrounded by the up-and-coming NoMa and Mt.Vernon Triangle neighborhoods. The development team, which also includes Banneker Ventures and CPDC (affordable housing provider), will create apartments, townhouses, and condos for all income levels as well as over 40,000 s.f. of retail and 220,000 s.f. of office space. The development will also offer a 21,000 s.f. clinic.

And further down the road...

The District issued a solicitation in early June for Parcel 69 at 4th, 6th, and E Streets, SW. The $130 million development will be an office and hotel project along the Southwest freeway. Proposals are due by September 15th.

In May, Fenty issued an RFEI for the Hill East Waterfront on Capitol Hill East. The District seeks a developer to create 2,100 market-rate and 900 affordable units with 2,000,000 s.f office space and 67,000 s.f. of retail space. The District anticipates a price tag of $1.1 billion for the development of the 50 acres surrounding the former DC General Hospital. Proposals are due by October 31st.

Proposals were due June 3rd for Minnesota and Benning Road, NE Phase II. The $107 million development will include 60 market rate, 392 affordable units and 40,000 s.f. of retail. No developer has been selected.

It is high time the District announced developer for Fifth and I Street, NW. After proposals were submitted in March, the District widdled the teams down to the final four including BG, Buccini/Pollin, Potomac Investment Properties, and a group comprised of Holland Development, Donohoe Development, Spectrum Management, and Harris Development. The winning team, whenever they are announced, will create somewhere around 170 market-rate units, 30 affordable units, 100 hotel rooms and 50,000 s.f. of retail space.

Upcoming Solicitations

The District would like to see 1,469 market-rate and 440 affordable units in Lincoln Heights in Ward 7 at an estimated cost of $576 million.

Barry Farm/Park Chester/Wade Road in Ward 8 will likely include 110 market and 330 affordable housing units and will cost around $550 million. The project is an effort to revitalize low-income properties in the historic Anacostia area.

The issuance of the Park Morton solicitation at Park Road and Georgia Avenue, NW is "imminent" according to the Mayor's office and will cost $136 million with 499 market-rate and 150 affordable units. Axis

Wednesday, April 15, 2009

Anacostia to Get its Own Boathouse Row

2 comments
With the District-led attempt to bring development to Southeast Washington DC's Poplar Point now stalled for the foreseeable future, both the Office of the Deputy Mayor for Planning and Economic Development (ODMPED) and the Office of Planning (OP) have now turned their collective bureaucratic eye across the Anacostia River and towards a section called Boathouse Row.

In the spring of 2008, the District agencies assembled a team to consider options for the riverfront, which has now gone public with a Planning Study for the stretch of land that runs along M and Water Streets, SE on the Anacostia’s west bank. As is, the site - largely overlooked by development next door at the Capitol Riverfront - is currently home to half-a-dozen maritime operations, including a cadre of "yacht clubs," the former Anacostia Marina, and installations servicing the DC Department of Public Works, the US Army Corps of Engineers and the DC Water and Sewer Authority. Rehoboth Beach it won't be, but for the local government, redevelopment at Boathouse Row represents a shot at making the Anacostia River a recreational destination again for the first time in half a century.

The outcome of the study hinges on the proposed dredging of the polluted and endangered river – a procedure that has yet to be budgeted or approved by the DC government. As such, the team presented two concepts for the site – one contingent on a clean-up, the other not.

Concept I, which assumes dredging will in fact take place, would see the Anacostia Community Boathouse Association expand its location underneath the 11th Street Bridge, while the other boat clubs along the riverbank will be permitted to build-out “either perpendicular or parallel to the shore.” The team envisions three open “community spaces” at intermittent points along the river with amenities like canteens and bike rental kiosks, in addition to a revitalized and expanded Anacostia Marina for motorized watercraft.

Concept II, “a response to the possibility that dredging the Anacostia River will not take place,” assumes that the river will remain impenetrable to boats of any significant size. The locations of the various yacht clubs would be reconfigured, while the Sewer Authority’s work station would be relocated off-site in order to provide for a “continuous waterfront edge.” This plan too calls for three large community spaces along the river, but improvements to the Anacostia Marina would be significantly downsized and it would be outfitted to service only non-motorized boats.

No matter which route the District takes at Boathouse Row, neither will be realized soon. According to the report, “Several District infrastructure projects will need to be completed before improvements to Boathouse Row can be implemented.” That includes renovations to the 11th Street Bridge, completion of the Anacostia Waterfront Initiative’s Riverwalk Trail and the possible relocation of the Federal Channel. At present they’re projecting those procedures to run until at least 2014, with implementation of either concept expected to be complete by 2020.

It should also be noted that control of Boathouse Row currently sits with the National Park Service; a formal transfer of the land to District government is planned for later this year. The entire Planning Study can be read in its entirety at the ODMPED homepage. homes are for sale in washington dc.

Wednesday, November 19, 2008

"Affordable Luxury" Coming to Southeast DC

7 comments
With a style they're labeling "affordable luxury," M&A Development and the Neighborhood Development Company are bringing 15 new condo units to 1751-1759 W Street, SE. The development is being marketed with some flair, such as the third dubbed "Fab Five” units – affordable apartments reserved for the "income restricted" - "once in a lifetime" prices that start at $104,900. (Maybe true if you were born after 2003, anyway.)

Coming in with 2, 3 or 4-bedroom floorplans, development at the W Street Condos will be divided between adjoining rowhouses, backed with 21 parking spaces, and surrounded by what the development team describes as "secure, gated landscaped grounds." Sizes of the 3 and 4-bedroom units is said to surpass 1,800 square feet, while residents are expected to benefit from the development’s lack of through traffic.

Uniquely, the homes are modular, built and assembled off-site, then inserted into their respective building’s frame. Although originally intended to open for business in fall of this year, NDC is now projecting a second quarter 2009 completion date for the new condos.

Like some other small scale projects underway in the burgeoning community, the W Street Condos are already touting their close proximity to major Southeast redevelopment initiatives in the offing. The W Street Condos press packet lists no less than 13 projects in "Anacostia and Congress Heights" that it reassuringly directs attention towards – none of which have have yet moved beyond the initial planning stages but which, nevertheless, may someday actually occur. These include the redevelopment of St. Elizabeths East, the Poplar Point Soccer Stadium, the Anacostia streetcar line and the Anacostia Gateway. We hope they do. Axis

Wednesday, December 30, 2009

DCMud's 2009 Year in Review

3 comments
DCMud looks back on 2009 by presenting the real estate year in review. In what might go down as "The year nothing got built," officials and builders at least found time set up the pins for 2010. And while 2009 is a year most real estate professionals would like to pretend never happened, it did.  Here's the best and the worst: 

Howard Theater Plans Approved (Jan 1) - The District approved plans to turn historic but dilapidated Howard Theater into an arts venue. Ellis Development expected work to begin by summer, but financing obstacles have left the building unmolested. 

Hilton Gets OK'd (Jan 2) - Lowe Enterprises received approval by the HPRB to renovate the "Hinkley" Hilton hotel and add a large residential tower on the site of its outdoor pool.  Renovation work got underway in the spring, closing the pool, but the condo tower appears far off. 

Work Begins on East-West Apartment Project (Jan 6) Post Properties began work on their 364 apartments in Hyattsville, MD. 

DC's Southwest Fish Market Loses Shacks (Jan 8) Several fish shacks on the waterfront were ordered razed as part of the plans for PN Hoffman to build its massive mixed-use waterfront community nearby, but the project remains a long way off. 

Ft. Totten Promises Development (Jan 14) Mayor Fenty joined Lowe Enterprises to announce the sale of 9 acres at Ft. Totten that will house nearly 900 new apartments, but work is not anticipated in the near future. 

Eckington Convent Gets Moving (Jan 15) In a literal push for affordable housing, Northstar Development tugged a historic convent to a new site to make way for a large, low-income housing project. Neighbors were less than thrilled about yet more affordable housing in the area. 

Montgomery County Votes to Endorse Purple Line (Jan 21) Amid copious argument, county planners said yes to adding a light rail line to the bike trail, enabling construction of the Purple Line from Bethesda to New Carrollton. 

Developers Propose Razing Meads Row (Jan 21) Owners of historic rowhouses on the 1300 block of H Street proposed knocking down the old beauty queens to replace them with a parking lot. Neighbors did not love the idea.

McMillan Sand Filtration Plans Get First Details (Jan 24) Developers chosen to build the crumbling McMillan site showed the public initial designs and ideas they hope will turn the vacant patch into a thriving town center.

Bethesda Post Office To Turn into Mixed-Use Project (Jan 27) The Post Office at 7001 Arlington Road received approval to turn it into a mixed-use development with 105 residences, thanks to Arlington-based Keating Development and KGD Architects, work has not yet begun. 

Eisenhower Ave Towers Approved (Jan 25) Lane Development's 22-story, 4-building complex on Eisenhower Avenue received initial design approval. The county voted June 13th in favor of the project. Much work remains before towers stand alongside the beltway. 

Alexandria Goes Green (Jan 26) - A working group adopted a LEED-certified plan for all buildings in Alexandria requiring special approval. The recommended standards are not binding. 

Auctioning Babe's (Jan 30) - Having kicked out rent-paying tenant Babe's Billiards, Clemens Construction was unable to get support for its years of effort to build a condo, and having paid $7.4m for the site, the wait couldn't last forever. The property was foreclosed, and Douglas Development added the real estate to its portfolio, intending retail, but the space remains vacant. 

Poplar Point Development Abandoned (Jan 31) - The District government and Clark Realty decided developing the 110-acre parcel of prime waterfront space wasn't such a good idea after all, calling the whole thing off.

Institute of Peace Gets Underway on the Mall (Feb 2) The five-story building, now nearly complete, took the place of a parking lot near the Lincoln Memorial. The building was designed by Moshe Safie and Associates, in the hopes of fostering world peace. Meanwhile, world strife continued. 

Kettler Produces Another Crystal City Project (Feb 3) Kettler began the third phase of its 10-building, 8-phase Metropolitan Park Development with a 411-unit apartment building designed by Dorsky Hodgson Parrish Yue

Fitz Condos in Rockville Auctions Remaining Units (Feb 10) Condo developer Elad ended nearly 5 years of marketing on the Fitz condos and sent the remaining 40 units of the 221-unit building to auction. In October, Elad did the same for the Colonnade, its Gaithersburg condo project. 

Metro station at Potomac Yards (Feb 11) Alexandria formally established a working group to explore the technical and practical viability of a metro station at the Yards, in preparation for further real estate development that does not choke area roads. 

Del Ray Apartments Roll Out (Feb 13) Work began turning vacant storefronts into 141 apartment units in the Del Ray section of Alexandria. 

Mixed-Use in College Park (Feb 24) The Mark Vogel Companies got the go-ahead for the Varsity, a 258-unit mixed-use apartment building in College Park. 

JBG Gets OK for Whitman Walker condos (Feb 25) After getting bashed by grumpy neighbors, the ANC, and HPRB for designs that seemed to please no one, JBG Companies and architect Shalom Baranes tweaked the designs to get the green light to build condos on the site of the Whitman Walker clinic on 14th Street.

JBG Plans 4-Star Hotel for U Street (March 2) JBG began plans to build a 250-bed luxury hotel in place of the Rite Aid, on a strip once known for its destruction in the '68 riots. 

Riverfront's Canal Park Steps Forward (March 25) Canal Park, a 3-block park through southeast's Capitol Riverfront, moved closer to reality when OLIN was named as the landscape architect for the project.

DCMud Chosen as Best Real Estate Blog (March 26) CityPaper selects this real estate journal in its annual "Best of DC."  Thank you, and thank you to our readers for all your feedback. 

Smithsonian Designs New Museum (March 30) The Smithsonian unveiled designs for its museum of African American History at 15th and Constitution on the National Mall. The Institute also said its costs had nearly doubled, to $500m. The following month, the Smithsonian announced that the Freelon Group, Adjaye Associates and Davis Brody Bond in association with SmithGroup were chosen to carry out the design. 

Frank Ghery Selected to Design Eisenhower Memorial (April 3) The memorial to the General and President will be built on Independence Avenue, between 4th and 5th Streets. 

District Selects Team to Redevelop SW Site (April 6) DC Selects Potomac Investment Properties, City Partners and Adams Investment Group to build half a million square feet of office and retail, and replace the fire station. 

Towers on the Way for New York Avenue (April 7) Bozzuto said it would soon begin building a 13-story residential building at 460 New York Avenue, and possibly makeover the abandoned warehouse too.

Donohoe Unveils Big Plans for Bethesda (April 16) The developer will build 81,000 s.f. of office, 457 residential units, and retail, on two sites in the Woodmont Triangle of Bethesda. 

Social Safeway Says Goodbye (April 20) The preeminent Georgetown grocer announced it would shut its doors and rebuild from ground up, but will it still be "social"? 

JPI unveils southeast DC apartments (April 22) JPI completed the 421-unit 909 at Capitol Yards, as well as the Axiom and Jefferson, a threesome of large apartment buildings near the new ballpark, bringing life to the "Capitol Riverfront" neighborhood. 

Arlington's First Platinum Residences (April 28) Erkiletion Development wonErkiletion Development, Arlington real estate approval from Arlington for a LEED Gold, 16-story apartment building in Courthouse, a 254-unit apartment designed by the Lessard Group. (see picture at right)

JBG wins approval for Bethesda Row centerpiece (May 5) The Planning Board said yes to Woodmont East, a 250-unit residence and separate office building built around the bike trail. 

High-rise Planned for Downtown Bethesda (May 23) The Clarrett Group announced plans to build an office building on the site of the McDonalds and its parking lot. 

Noma Gets its First Hotel (June 3) The Finvarb Companies and Marriott joined for a new hotel, one of many new Marriotts in the DC area, but the first place to sleep in Noma. 

Floridian Goes South (June 9) Sales at Kady Development's condo project, a bit of South Beach on Florida Ave., were stopped by the bank. 

Room and Board Picks 14th St. for DC (June 10) The retailer added to the growing 14th Street retail corridor. The store should open in the 2nd half of 2010. 

Founders Square Begins Demolition Work in Ballston (June 17) Work begins on the WMATA site that Shooshan will turn into two office towers and a sizable residential building. 

W Comes to DC (June 24) After a few changes in ownership, the Starwood Capital Group purchased the fading Hotel Washington, making it hip once again. 

Eastern Market Reopens (June 25) After a fire gutted the beloved market, the city had a new one built, with improvements to boot. 

JBG Gets Approval for Massive Twinbrook Project (June 29) The developer plans for Twinbrook Station, a 2.2 million square foot complex at the Twinbrook Metro. 

Florida Avenue Gets Jazzed (July 7) Banneker Ventures promised it was partnering with Bank of America to get going on the Florida Avenue project it won from WMATA more than a year ago, but which had not gotten underway; work has not yet begun. 

DC Passes Bill for Convention Center Hotel (July 14) Quadrangle Development is to build the 1100 room Marriott, but JBG protests the selection process, and the site remains a parking lot. 

DC Seeks to Finish Off West End (July 15) The District sought a developer for 3 low-density parcels, anomalies in the now-dense neighborhood. 

Curtain Call for Takoma Theater (Aug 1) Owners of the Takoma Theater promised to bring down the house, literally, to make way for an office building, then a theater, but the community is calling for an encore.Hanover apartment building, Washington DC commercial real estate 

Penn Quarter Gets Luxury Apartment Building (Aug 4) Hanover Co. opened its first DC-area project at Judiciary Square (see picture at right), while building another in Falls Church. 

District Cancels Lincoln Theater Development (Aug 6) Quietly, the District government withdrew its plans to redevelop the back lot, a scheme that would have helped fund the struggling theater.

Arbor Place Returns (Aug 7) Scrapping plans to build as many as 3500 market-rate residential units on outer New York Avenue, Abdo shifts in favor of less than half as many subsidized homes. 

DC Mandates Subsidized Housing (Aug 11) After the Executive Branch slowed the process, the Council finally got its way and forced builders to provide the city with cheap housing for the poor. 

Columbia Pike Lurches Ahead (Aug 20) After seceding from Virginia (bureaucratically), the Pike gets 325 new residences underway at Penrose Square. 

Southwest Towers Foreclosed (Aug 21) Fairfield Residential loses its grasp on The View, a refurbished apartment building in southwest DC, in another foreclosure statistic for the real estate market. 

Montgomery County Gets Taller (Aug 21) JBG caps its 24-story residential tower on Rockville Pike, making it the new tallest residence in Montgomery County. 

St. Elizabeths Team Chosen (Aug 28) The GSA selected Clark, WDG, and HOK to build out the new landlocked Coast Guard Headquarters, in what will be one of the largest construction sites in the District of Columbia. Less than a month later, the Feds broke ground on the site. Noma Stonebridge Carras apartment construction

NoMa Caps Largest Mixed-Use Building (Sept 1) Soon residents will outnumber construction workers in Noma, as StonebridgeCarras and SK&I Architects finish 440 apartments and a hotel, possibly in early 2010. (see picture at left)

A Giant Delay (Oct 1) Street-Works vision for a large mixed-use replacement for the forlorn low-rise Giant on Wisconsin seemed to please no one, but developer Bozzuto plows ahead and discussions move forward. 

Park Morton Team Moves Forward? (Oct 7) Washington DC officials picked the team to build the capacious Georgia Avenue project - now with the Central Union Mission site included. Probably. Someday.

Clarendon's Affordable Housing Breaks Ground (Oct 15) The Views at Clarendon starts work on 116 mixed-income units after a long zoning dispute, going up to the Supreme Court, gets resolved. 

Northwest One Team Selected (Oct 27) The massive project that could transform the area close to the Capitol Building is set in motion, but the Mayor's choice of real estate developer raises eyebrows on the Council. 

Silver Spring Designs Downtown Library (Oct 29) The county releases its plans for the urban repository; the new building will straddle the new Purple Line, someday, when further details are worked out. 

Capitol Hill's Big Dig (Nov 15) CSX says it needs to tear up Virginia Avenue to rebuild the train tracks, just when residents of southeast DC thought construction in the neighborhood was nearly complete.

Bethesda's Parking Quagmire (Dec 2) Montgomery County wantsBethesda parking Stonebridge PN Hoffman construction PN Hoffman and Stonebridge to build 1100 parking spaces below Bethesda Row, but the $80,000-per-space sticker gives some locals road rage. (rendering at right)

Street Cars are Here (Dec 16) At long last, H Street's public transport arrives from Europe, but DC officials say that getting them running in Northeast is another matter.
 

DCmud - The Urban Real Estate Digest of Washington DC Copyright © 2008 Black Brown Pop Template by Ipiet's Blogger Template