Abdo Development’s massive plan to develop 17 acres of auto lots and underutilized space at the intersection of New York Avenue, Bladensburg Road, and Montana Avenue NE took a significant step forward in mid-February, when the DC Zoning Commission gave its stamp of approval to the company’s $1.1 billion residential mixed-use planned unit development proposal.Abdo (with partner Broadway Management), envisions building at new town center called "Arbor Place" (so named after the nearby National Arboretum), which will include eight 11-story residential towers (some possibly with rooftop swimming pools) containing approximately 3,600 residential units (mainly condos, with some rentals possible), plus 130,000 sf of retail facing new York Avenue, a grocery store, and the 42,000-sf "Arbor Club" health club/day car center open to public membership - all surrounding a three-acre park. Pricing is expected to be in the $450 to $475 per sf range, with about eight percent of the housing reserved as affordable housing. Abdo is currently working with WMATA to get a bus stop at the development, but will also provide a shuttle to the nearby Rhode Island metro station.
The developer plans to finish acquiring all the land by June 2007, with demolition starting in mid-2008. If all goes on schedule, the residential buildings will be ready for occupancy in late 2010.
Note: We know, we know - you all want pictures and designs. As soon as we get our hands on some, we will be sure to put them up!
3 comments:
Pictures, pictures, pictures =)
I just moved to the Northeast, maybe a quarter mile from this development and it looks like me and my wife made the right decision.
I love this site!
Did they acquire the land that the school and KFC are on over there ?
ABDO may be building again, but the question is should they? I hear in the Rosslyn ABDO development owners are up in arms! ABDO built a gym over one of the unit's bedrooms, next to another's bedroom, and below another unit. The problem - the gym was not sound proofed from the units. Well you guessed it - owners hear banging weights all times of the day and night - in the so called luxury development. Apparently the subsequent remedy of installing a sound proof platform failed. Stay tuned to this saga 1 and 1/2 years and counting. The poor owners !
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