Monday, April 06, 2009

Team Selected for SW Fire Site

There’s a new bright red fire station in the works for Southwest Washington. Deputy Mayor Neil Albert and DC Fire Chief Dennis Rubin joined Mayor Adrian Fenty today to announce the official selection of E Street Development for the redevelopment of two parcels adjoining Engine Company 13 at 450 6th Street, SW.

The development team – a partnership between Potomac Investment Properties, City Partners and Adams Investment Group – will construct over 500,000 square feet of new office and retail space on two District-owned parcels between 5th and 6th Street, SW. In addition, their mixed-use complex will also house a new, state-of-the-art, 22,000 square foot fire station that, according to the Mayor, “comes at no cost to the District of Columbia.”

“As you look around the station, you can see its great need of heavy maintenance, if not replacement,” said Rubin. “We feel like the time is right and that this is a great opportunity.”

The two Beyer Blinder Belle-designed projects will also be LEED certified and host a bevy of public service uses, including space for Kid Power DC and a café hosted by the DC Central Kitchen. Both Fenty and Deputy Mayor Albert pointed to their inclusion as deciding factors in their choice of E Street over two rival proposals from JLH Partners, Chapman Development and CDC Companies, and Trammell Crow, CSG Urban Partners and Michele Hagans, respectively.

“The E Street Development team stood out because not only of their ability to be visionary, but to provide certainty to the government,” said Fenty.

Michael Gewirz, President of Potomac Investment Properties, followed up on exactly what type of “certainty” his company would be providing to the project. “Some folks have asked what our concerns are given the current economic climate. I can say this: we wouldn’t be standing here if we weren’t capable of doing this project,” said Gewirz. “Right now, we’re just going to work as hard as we can with the Deputy Mayor’s office.”

And they’ll have plenty to work on in the coming months, as the City has yet to decide whether the property will be sold or leased to the E Street team. Albert said the final details concerning the land transfer will hammered out in the next three to four months with a groundbreaking set to occur within the year. In the meantime, Engine Company 13 – the unit tasked with monitoring aerial comings and goings at the White House – will remain open and operational until completion of their new facility.

Though no mention was made of the Mayor’s ongoing scandal concerning (ironically enough) a fire engine donated to the Dominican Republic, city officials were keen on pointing out the extent of the development currently underway in the blocks surrounding 6th Street. The large-scale office development, Constitution Center, is under construction directly across from the fire station’s present location, while its new spot a few hundred yards away will adjoin the District’s new Consolidated Forensics Laboratory.

Washington DC commercial real estate news


IMGoph on Apr 7, 2009, 12:34:00 AM said...

dennis RUBIN.

Brandon on Apr 7, 2009, 9:11:00 AM said...

Looks funky, kind of Legoish.

Anonymous said...

Seems premature to say that the firestation will be built at no cost to the city when they're 3-4 away from a termsheet. Presumably, the cost of building the firestation is coming out of the land value.

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