Showing posts with label Argos Group. Show all posts
Showing posts with label Argos Group. Show all posts

Thursday, May 21, 2020

2100 L Street Delivers

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If you think of West End office buildings as being largely bland, dated and indistinguishable, you are largely correct, or at least you were.  One project just completing that may serve as a coda on that visual mediocrity (yes there are exceptions) is 2100 L Street, which has just completed, and recently saw the addition of an exterior "veil" that adds a striking and reflective embellishment to the glass exterior.  DC-based Akridge is putting the final touches on what it hopes will be a class A LEED platinum certified building, which it developed as part of a deal with the District of Columbia to resurrect the Thaddeus Stevens school (which will complete in August) and surrounding lot.  2100 L will sport a rooftop terrace and lounge and exterior courtyard adjacent to the Stevens school.

Gary Martinez of Martinez and Johnson (as base building architects) and OTJ (a commercial interior design firm), combined forces to design the building, and the two companies in fact merged halfway through the project.  But the exterior "dynamic texture" was courtesy of Jan Hendrix of Mexico City, who designed the stainless steel leaf structure evocative of the willow oak tree, a vision that was fabricated by Kansas City based Zahner (a website worth browsing for a visual trip).  Akridge planned the office building on spec, but signed Morrison & Foerster before construction actually started, says David Toney of Akridge, and has now leased more than half the office space.  Morrison & Foerster will move into its space in January of next year.


click image for photo gallery

Martinez, who has seen the project through from the outset more than 10 years ago, spoke to the desire he and Akridge had to make the project stand out from the surrounding buildings, while not overwhelming the Stevens school next door.  "We had to work through HPRB to get approval due to the school, but we projected the building out 4 feet over the property line on the corner, then leading up to the school the building is set back 4 feet to allow a better vision and emphasize the historic school."

Martinez said the design took its influence from the 10' by 10' grid that has dominated architecture of the last two decades, "adding a sculptural piece, almost hanging free from the building, a piece of art apart from the glass box underneath."  Martinez hopes the artistic portion will become a new paradigm within the architectural community.  As for the suddenly perplexing issue of office worker health, Martinez said the building already had some of the touchless features now obligatory, but that OTJ was working on a more holistic approach including mechanical and design changes to future buildings, considering what changes might be permanent and what might be temporary given the long lead time for such buildings.  "A lot changes over 10 years."

Project:  2100 L Street


Developer: Akridge, Argos Group

Architect: Martinez & Johnson, OTJ ArchitectsWDG (architect of record)

Use: 190,000 s.f. office building

Expected Completion:  Summer 2020

2100 L Street, NW, Washington DC, Akridge, Argos Group

West End office building, Washington DC

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Washington D.C. retail and real estate development news

Monday, August 20, 2012

Georgetown Project Renovation Begins Tomorrow

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District officials will hold a ceremony on Tuesday morning for construction of The Montrose, formerly known as the the Henry and Anne Hurt Home, at 3050 R Street, NW in Georgetown.  Developers will turn the vacant property into 15 condominiums through demolition of non-historic portions of the building and renovation of the main building.

In September 2010 the Deputy Mayor for Planning and Economic Development (DMPED) selected the joint venture of the Argos Group and Potomac Investment Properties to redevelop the historic Hurt Home mansion at 3050 R St., NW.  Disposition of the property awaited negotiations and plans for the building, but on July 11, 2012, the property was recorded as selling for $7,750,000 according to DC Recorder of Deeds.   Neither pricing nor floorplans have been established, though a construction fence now surrounds the building and some interior work has begun.  The Montrose, named for it's proximity to Montrose Park, is scheduled for completion in late 2013.

Three wood additions will be stripped from the back of the original brick exterior, while the interior will be almost entirely gutted and rebuilt.

The Argos Group's other projects include The Station (pictured above), located at 524 9th Street NE, a mixed income historic condo conversion and The Firehouse, located at 1340 Maryland Avenue NE, a mixed income residential condo conversion.

Washington D.C. real estate development news

Friday, September 10, 2010

District Releases Hurt Home to Developers At Fire Sale Price

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Roughly two months ago, the DC City Council voted to release several District properties for redevelopment, but the most noticeable deal in the large release is the transaction that enables Argos Group, in partnership with Potomac Investment Properties Inc., to scoop up the historic Hurt Home mansion at 3050 R St. NW, a "contributing" building in the Georgetown Historic District, for $450,000. The deal is pending, and Jose Sousa of DMPED cautions that "[t]hese numbers are not yet final." But Sousa and Argos Principal Gilberto Cárdenas estimate that all the minor details will be chiseled out in the next couple weeks. Cárdenas has plans to redevelop the former assisted living facility for the blind, and more recently the Devereux Children’s Center for foster children, into a 15-unit luxury condominium. This isn't Argos's first effort at acquiring and transforming a vacant, District-owned, historic property into high-end condos: the development group broke ground on the renovation of the Northeast's historic Firehouse No. 10 and Police Station No. 9 earlier this summer.

Georgetown Home for the Blind - real estate development news
Argos has again contracted familiar partners Sorg Architects for the design work, and developers are leaning towards bringing in another interior design specialist to assist with some of the remodeling work. Three poorly executed wood additions will be stripped from the back of the original brick exterior, while the interior will be almost entirely gutted and rebuilt, walls, stairs, mechanicals, and all. The facade of the building will be improved and restored to its original historic charm, accented by giant two story front windows and an entrance stoop railed with hefty white columns. When finished the condos will be a spacious 1200-1700 s.f., each with two to three bedrooms and loft space. Given that the property was put mostly to philanthropic uses over the course of its long history, developers have agreed to offer three of the units at affordable rates and reserve them for blind citizens. Designers plan to link up with the American Council for the Blind to methodically outfit the units to meet the domestic daily needs of those living without sight. The back lot will be extensively landscaped, and a 30 car parking lot will be installed. Developers say there is a strong chance several Zip Car spaces will be included.

Sorg already oversaw the G-town Post Office Renovation
After the City Council meeting in July, Councilman David Catania seemed unsure of the decision: WBJ quoted Catania wondering why they'd "sell a property for $450,000 that’s worth $6.1 million," and asking, "Why not bid that out just to make sure we have the best reimbursement for the taxpayers?” But although at least five or six developers toured the property following the District's Request for Expressions of Interest (RFEI) last summer, Mr. Cárdenas and his partners were the only ones to go forward with an offer, and negotiations went from there. Initial plans called for an addition to the building and as many as 41 units, with the building being offered for more than $1.5 million. But it quickly became clear that community organizations, Zoning Commission, and the Historic Preservation Review Board would combine forces to put a quick stop to a proposal of such proportions, and so the number of units, with some back and forth community dialogue, was slowly reduced to 15.

Cárdenas reckons that other developers were reticent to get involved with the sometimes stubborn and often vocal Georgetown community. "They're a community that knows what they want, are well organized, and have the resources to force compromise," says Cárdenas, "but we came into this project with nothing but a positive attitude, good intentions, and willingness to compromise." Jose Sousa confirmed this, saying: "The development team worked in concert with the surrounding neighbors to address many of the concerns raised regarding parking and unit counts." Although the vetting process has already started, developers don't expect the receive final Zoning and HPRB approval for approximately a year. If all goes smoothly, construction will begin shortly thereafter.

Washington D.C. Real Estate Development News

Thursday, August 26, 2010

Argos Rescues Firehouse, Brightens HPRB's Day

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The D.C. Preservation League, which annually issues a list of the District's most endangered properties in hopes of scaring developers into action, and preservationists into sign-painting and check-writing, has recently issued its new list for the year. This year the Preservation Leauge has focused it's 2010-attention on the preservation and renovation of the District's neglected firehouses. A special emphasis was placed on pre-WWII firehouses and police stations. Thankfully, two years ago Argos hammered out a deal with the District to redevelop two foresaken buildings: Firehouse No. 10 at 1341 Maryland Avenue, NE and Police Precinct No. 9 Station at 525 9th Street, NE. Developers refer to the two renovations as the Capitol Hill Condominiums, "The Station" and "The Engine House" respectively. In 2008 the Historic Preservation Review Board designate Engine House No. 10 as a Historic Landmark. While the 115-year history of public use of the firehouse will be sacrificed for the purpose of private residences, the character of both buildings, and their attractive, storied facades will be maintained for the enjoyment of passers by and history-lovers alike.

Designed by architect and firehouse specialist Leon Emile Dessez (1858-1919), erected in 1894, and completed in 1895, HPRB claimed in 2008 that the structure "is probably the best and most characteristic example of a Victorian-era firehouse still owned by the District." Sorg Architects has tackled the challenge of retrofitting the building with two market rate condos and two smaller affordable units. The former police station on 9th Street will be an almost identical project, with just enough room for an additional condo. The footprint of both the Engine House and the Station will be strictly maintained, with both facades to be restored with masonry refurbishment, various touch-ups, and only the slightest of noticeable augmentations. Windows and doors will be replaced, fading paint of old will be stripped away, and the addition of a few small second floor awnings will ready the building for residents. The interiors on the other hand will be completely gutted and overhauled - the roof, walls, flooring, HVAC, plumbing, electricity, and the works will all be replaced.

An unusual occurrence in the development world, construction on both projects began exactly on time, breaking ground two months ago as originally promised. Work is now chugging along with completion of each building expected in April of next year.

Washington D.C. Real Estate Development News
 

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