Showing posts with label Arlington. Show all posts
Showing posts with label Arlington. Show all posts

Tuesday, October 23, 2012

The Crimson on Glebe Set to Break Ground

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Crimson Partners, Arlington Virginia retail for lease, apartment building
Having gained unanimous approval from the Arlington County Board back in May, The Crimson on Glebe, Crimson Partners' six-story 165-unit apartment building at 650 N. Glebe Road, across from Ballston Commons Mall, faces a clear runway toward construction.

Arlington Virginia commercial real estate news"We were approved for 165 apartments, so now we're working through the last of the permitting, " says Christian Chambers, Managing Partner at Crimson.  "We're going to break ground in January of next year."

The Crimson will also feature approximately 2,200 s.f. of ground floor retail space along Glebe Road; however, no decisions have been made yet as to a potential tenant.  "With this amount of retail space, we'll probably wait until closer to delivery before we sign someone in there," says Chambers.

Crimson on Glebe, Ballston commercial real estate

The site, formerly a Goodyear tire store, is located on one of the area's longest blocks, and developers, as part of an agreement with the County, have agreed to build a 220-foot extension of North Tazewell Street at the rear of the property to ease resident access without disrupting traffic on Glebe.  Developers also secured increased density for the building (which was originally five stories) by agreeing to build to LEED Silver standards, and by contributing a half million dollars to the county's Affordable Housing Investment fund, $75,000 to the public art fund, and $42,000 to the utility fund.

KTGY Group, Arlington Virginia commercial property designFor all those concessions, developers get to build a mixed-use building along one of the busiest stretches of Glebe Road, just a third of a mile from the metro, in the heart of commercial Arlington, at a time when the area is just starting to transition from an auto-centric area of strip malls, surface parking lots, and office buildings (a previously approved site plan, dating from 1989, was for a four-story office building) to a more pedestrian-friendly vision of shops, restaurants, and apartments.  This Janus-faced transitional moment is perhaps best summed up by developers' agreement to, on one hand, "encourage residents and retail tenants to live and work car-free," while on the other still providing 164 below-grade parking spaces.  The plan also calls for additional street trees along both frontages, as well as dramatically widened sidewalks.


The L-shaped, KTGY Group-designed building will feature a small internal courtyard for residents, and a varied facade of neutral-toned brick, laminate cladding, metal panels, and manufactured stone and glass, with a residential entrance and lobby along North Carlin Springs Road.  The average unit size will be just over 700 s.f.

Crimson Partners and Washington Real Estate Investment (WRIT) acquired the site for $11.8 million in June 2011; construction is expected to cost approximately $43.5 million.  Crimson is also working on the 65-acre Dulles Station project along the toll road.

Arlington, VA real estate development news

Tuesday, October 02, 2012

Abdo Breaks Ground On Gaslight Square

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Abdo Development breaks ground on Gaslight Square in Rosslyn
With a bulldozer on-site and several golden shovels in hand, Abdo Development celebrated the groundbreaking of Gaslight Square this morning, the first for-sale condo project to emerge from the post-recession Northern Virginia economy. Actual construction on the 120-unit project will begin later this week, with James G. Davis Construction Corporation serving as general contractor. Design is courtesy of Abdo's in-house architects, with Reston-based Architecture Incorporated designated as the architect of record. The combination of red-brick and large black-rimmed industrial style is an apparent play off the Wooster and Mercer Lofts next door.

Abdo Development, James Davis Construction, Architecture Incorporated, Rosslyn Virginia
The real estate for the $82 million project was purchased in 2007, with the plans approved shortly after and the large plot of land cleared, fenced, and poised for action; but like so many other projects, the busted housing bubble and subsequent market collapse derailed deals. Thankfully, D.C.-based Federal Capital Partners have stepped in with $24 million in equity and mezzanine financing, with United Bank chipping in another $48 million worth of construction financing. The injection of capital will at least get phase one under way, the first of three proposed four-and-a-half-story, 40-unit buildings as well as the platform for building number two. Depending on how condo sales go with the first phase, explains Jim Davis, Principal of Davis Construction, the rest of the development will progress accordingly. "Construction of the first building should take roughly a year," says Davis, putting an initial delivery in early 2012.

Rosslyn, Arlington Virginia real estate construction update - Gaslight Condos
Each building will be separated by a wide, landscaped quad, complete with sidewalk, trees, benches, and gaslights, hence the name, but will not feature any other amenities - no pool, concierge, gym, etc. - in order to minimize the condo fees, which have grown in surrounding condominiums. One of the most innovative features of these units, says Davis, is the elevator-cum-condo-entrances, allowing residents to park below grade and take the elevator directly into their unit (Davis credits Abdo with the idea, though its been used as nearby as Turnberry Towers, as well as in DC). Placing the stairs and elevator shaft directly between two units also provides for improved sound and odor control, and "eliminates the normally inhibitive front entrance corridor, allowing light to enter each unit from both sides, similar to a townhouse," says Davis. Ranging from $700,000 to $1.4 million in price, the one and two-bedrooms will offer anywhere from 1,200 to 2,000 s.f. of space, as well as private outdoor terraces.

With Skanska's mixed-use project having broken ground across the street, and Monday Properties racing to construct the tallest building this side of the Potomac, it is certain that Rosslyn is heating up.

Arlington, VA Real Estate Development News

Friday, August 24, 2012

Clarendon Project Underway

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Clarendon is on its way to getting yet another apartment building. Zom Inc., which is developing USAA Real Estate's parcel at 1200 N. Irving Street in Arlington, finally began construction earlier this month on a 10-story apartment building with ground floor retail that will front both N. Irving Street and Washington Boulevard. The project was designed by Esocoff & Associates.

Formerly known as The Waverly at Clarendon Station, the development has now been christened The Beacon at Clarendon West, according to Greg West, chief development officer for the Florida-based Zom. "We’ve revised the design and rebranded the project," he said.

The company's original condo concept is off the table. Instead, the project will include 187 one- and two-bedroom units averaging 850 square feet, each with de rigeur hardwood floors, granite countertops and stainless steel appliances. About half will have balconies, and a rooftop pool is included in the package.

The building will have "a very unique and interesting radius shape," said West. In part, that curvilinear facade is designed to take advantage of the lot's outline. On the ground floor, lining both N. Irving Street and Washington Boulevard - but not the corner itself - will sit 17,000 square feet of space designed for retail. Zom has hired Asadoorian Retail Solutions to fill the spaces, but West claims the development partners have not decided on a specific mix of types. "We have a lot of flexibility as to the size and variety of what we can take," he said. "We just want to find the best tenants who will provide a good amenity value to the building."

Construction of the project, which is being done by Donohoe Construction, is beginning with a major excavation to make room for two floors of underground parking. The development, which will incorporate an historic facade that’s still on the property, should be finished in about two years.

The site, located two blocks from the Clarendon Metro station, has a fairly long history. Zom bought it from Faison in 2006 but the property lay empty for several years. In 2011, USAA bought the property and is developing it together with Zom.

The partners are also involved in a second Arlington venture, located at 1919 Clarendon Boulevard in Courthouse. The Clarendon Boulevard project, which is also currently under construction, is similar to the N. Irving Street one: although it's five stories rather than 10, the development includes 191 high-end apartments and another 17,000 s.f. of ground floor retail. Asadoorian is screening tenants for that property as well. "We'll be selecting retailers soon," said West.

Arlington Virginia real estate development news

Tuesday, June 12, 2012

Today in Pictures - Rosslyn's Sedona & Slate

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JBG Companies has begun skinning its Rosslyn residential projects Sedona and Slate.  The two-building apartment project began construction in January of 2011, and JBG expects the project will be completed by the first quarter of next year. Clark Construction is building the project designed by Architects Collaborative. Both apartment buildings are expected to be LEED Silver Certified.






Arlington, Virginia real estate development news

Monday, April 30, 2012

Penrose Square Town Center in Arlington is Under Way

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Carbon Thompson Development, the Herndon- and Dallas-based developer, has donated a parcel equal to approximately half the area of the Penrose Square open space plaza as part of an agreement with Arlington County to emphasize the creation of usable public space along what is being conceived as three miles of pedestrian-friendly commercial boulevard. When finished, the $80 million, 4-acre Penrose Square mixed-use development at Columbia Pike and S. Barton St. will include 299 rental units, 30,000 SF of retail, including restaurants and retail, a new 47,000 s.f. "flagship" Giant grocery store, and 700 parking spaces, mostly underground. Site owner B.M. Smith chose Carbon Thompson, which started construction in June when it demolished Adams Square and began the two-year construction project. with financing from Wachovia Bank, RBS Citizens. Foulger-Pratt Construction of Rockville is the general contractor and Heffner Architects PC of Alexandria the designer of the buildings. "We went through the form-based code process with two architects. One focused on residential and the other on the retail portion of the design. Ultimately, we went with Heffner Architects because they have experience in both types of development," reported Jim Mertz of Carbon Thompson.

The project took advantage of the Columbia Pike Form Based Code, which is optional to developers, but significantly reduces the public review process for getting projects approved. An appointed citizen group and county officials drafted the code collaboratively. They outlined measures for regulating the location of the building site; architectural standards, including building materials, facade design, placement and appearance of windows, doors and parapets; building envelope standards, which specify building height by stories rather than floor-to-floor height; and streetscape standards, which regulate public right-of-way elements like sidewalk width, treescape, civic plazas and open space. There were no stylistic specifications in the code. Although the project conforms to the form-based code, because there was no provision for a grocery store in the zoning regulation, Penrose Square had to resubmit for approval as a 4.1 site plan project. A minor detour, the site plan submittal process ensures that the development is mindful of its neighbors during the construction process and allows for the demolition of existing structures, foundation setting, ground-level garage permitting and building construction approvals in stages.

"Form-based codes allow for greater development density. The point of this development was to spur economic growth and activity along Columbia Pike. The county spent four years meeting with citizens determining what they wanted it to be," said Mertz.

Penrose Square is located within walking distance of the already completed Halstead and Sienna Park developments. The town center at Penrose will be easily accessible to both drivers and those who prefer to walk, but overall, the area will function like a walkable community.

Penrose Square: The Open Space Plan

When Penrose Square is complete, you will be able to experience monolithic radio communication in the heart of Arlington County's Columbia Pike revitalization corridor. Last July, DC Mud wrote a story on The Virginia Department of Transportation's plans to link key locations along the Columbia Pike zoning district via streetcar. Zeroing in on Columbia Pike between South Cleveland St. and South Barton St., imagine two sculptures carved out of white granite and about 100 feet apart oriented on a NW to SE diagonal. Each slab is poised upward and has rough, irregular edges, and each faces the hollow elliptical paraboloid concavity of the other. Designed by California sculptor Richard Deutsch in collaboration with the DC-based landscape designer OCULUS, Echo will mimic the way sound travels across radio waves. The shape and orientation of the concavities of the sculptures will be orchestrated to convey even very low amplitude sound (like a whisper) from one granite station to the other. From 1913 until 1941, a nearby site on Columbia Pike was home to three radio-communication towers - the "Three Sisters," which sent some of the first radio signals to the Eiffel Tower in Paris in 1915. Deutsch's sculpture refers to this local history at the request of the 12-member, citizen-run Working Group that the Arlington County Board put together to help conceive of the design for Penrose Square.
Less means more planning
The two-piece interactive sculpture will be set on a quadrangle with a paved central plaza, buffered with a bosque terrace feature with outdoor seating to the northeast, a bermed lawn buttressed with retaining walls to the south, a zero-depth water feature to the southeast and another smaller lawn with tree canopy and retaining walls to the west.

"We envision that people using the grocery store and adjacent buildings will be coming to the park to relax and take a break. We have designed custom, movable seating for the bosque and a fountain with 27 jets at different heights that people will be able to walk up to and touch. The space is designed to accommodate large-scale events and large crowds, as well," remarked Marjorie Salcedo, a landscape architect and project manager on Penrose.

According to the meeting minutes of a July 2008 meeting of the citizen Working Group, "The Group aimed to pursue a square that would: be scaled to relate to the adjacent buildings; form a synergy with adjacent retail shops; be flexible enough to address daily needs as well as host special events; be inclusive and welcoming to people of all ages and abilities; be oriented toward transit; provide strong visual and physical connections to Columbia Pike; offer a variety of seating opportunities; and adhere to the design guidelines for civic squares contained in the Columbia Pike Form Based Code."

The future Super Stop station, designed by Arlington County for buses, will run parallel to Columbia Pike south of the 33,000 SF plaza, which will be build in two phases. Phase I is estimated to break ground in Spring of 2011.

Friday, March 30, 2012

Arlington's Green Tower to Break Ground in July

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After nearly three years of delays, the Tellus, Arlington's greenest apartment building, is finally set to break ground.

"Demolition is starting in May, with construction starting on July 1," said Gagik Davtian, Program Manager at Erkiletian. "We figure it'll be about 20 months until first delivery."

The 254-unit, 16-story Tellus is anticipated to be Arlington's first LEED Gold certified building. Plans call for the building to be powered, at least in part, by renewable energy sources, and the building features various water-saving and energy-efficient features - for example, reclaimed storm water and air conditioning condensation will be used to irrigate the native-plant landscaping. The building will also feature smart car and bicycle options, as well as a 26,000 square-foot garden plaza. The Tellus gained approval from the county way back in 2009, with a projected start date later that year, but the recession put things on hold - until now.

The finished building will offer just over 2800 square feet of ground-floor retail space (a restaurant, according to Erkiletian), as well as 7700 square feet of office space. "The Tellus is replacing a seven-story Sixties-era office building [the Arlington Executive Building]," said Davtian. "One of the tenants from the existing building, some government people, are going to be installed in the new building too. The way the office space is attached is actually very organic - it's sort of a bubble coming out of the building, a curvy facade on the backside."

Like the rest of the development, the design of the building has gone through a long collaborative process. According to Davtian, Lessard Group did the "schematic design," and then WDG Architecture came in and developed the working drawings. "WDG also changed a few elements," Davtian said. "They slightly redesigned the interior units, making them bigger, more open, and more contemporary. A lot of them have a sort of loft-like feel now."

Though developers plan on first delivery in 20 months, the project in its entirety is expected to take a full two years to complete.

Arlington, VA real estate development news

Wednesday, March 28, 2012

Crystal City Office Project Gets Started Thursday Morning

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Lowe Enterprises will host a "groundbreaking ceremony" Thursday on a $70 million office redevelopment project at 1400 Crystal Drive in Crystal City. Fox Architects designed the new building.

The company will seek LEED Gold certification for the project to convert an existing 300,000 square-foot office building in Jefferson Plaza into "Class A" office space complete with a glass facade and roof top terrace. The lobby will be moved to Crystal Drive.

Demolition will bring the building back to its concrete frame before new construction begins, keeping a quick turnaround time and earning LEED points as a retrofit.

"When we acquired the building, we new knew it had good bones," said Harmar Thompson, Vice President of Lowe Enterprises Real Estate Group. "So we knew it had a good structure, that we could work with that structure, and not have to do ... ground-up development."

Thompson said the 30-by-30 column grid is solid and lends itself to flexible configuration of the new building, compared to the 20-by-20 grid common in the area that makes renovation more difficult.

Other elements incorporated to achieve LEED Gold certification include using high-efficiency glass the facade and upgrading HVAC to a dedicated outdoor air system that brings cold water to many units throughout the building instead of having it in a centralized basement location.

The new building is scheduled to open in early 2013, with 30,000 square feet more space than the old building, creating more corner offices and pushing it out into the view corridor. "The views out of this building are spectacular," Thompson said.

Lowe acquired the building in 2008. Thompson said the company had the opportunity to initiate the rebuilding project because the National Guard Bureau vacated, leaving it empty. Rebuilding on top of the existing frame allowed the company to create an essentially new building in a short period of time and open it to tenants earlier than other projects in the area. Lincoln Property Company will handle leasing.

The groundbreaking ceremony is set for 8:30 a.m. Thursday.

Arlington, VA real estate development news

Monday, March 19, 2012

Penzance Announces Partner and Start Date for Clarendon Office Project

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D.C. based Penzance announced today it has partnered with Invesco Real Estate in a joint venture to build its 2-building office project at 3001-3003 Washington Boulevard near the Clarendon Metro station, setting up development for a May groundbreaking.

The partnership with Invesco comes after Penzance had teed up the development, gaining county approval of plans for the 280,000 s.f. project in January, at which time it also leased most of the space - 173,000 s.f. - to federally-funded CNA (the Center for Naval Analyses), which will transfer 600 employees from its Mark Center location in 2014.

Penzance plans two office buildings - 8-stories and 10-stories - with shared 4-level below-grade parking deck and 28,000 s.f. of combined ground floor retail space with outdoor seating area. Several of the older buildings on the block will be kept intact during construction. Noritake Associates designed the project that is expected to earn a minimum ranking of LEED Silver, while holding out the possibility of a Platinum ranking for the site.

Penzance has developed and operates numerous properties throughout Washington D.C. and Arlington, including 455 Massachusetts Avenue in Mt. Vernon Triangle.

Arlington, Virginia real estate development news

Thursday, March 15, 2012

Tysons Developer Begins Route 50 Apartment Project

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Tysons-based Insight Property Group has started construction on a 67-unit "luxury apartment" building in Arlington near the Courthouse Metro station. While this will be the first completed development for the Insight team, it claims to have more than 1000 units "in the development pipeline."

Grayson Flats will be a 4-story ("luxury") building on a 1.67-acre site at 1200 North Rolfe Street, near Ft. Myer, which Insight acquired in 2010, demolishing the post-war apartment building that existed on the site.
Lessard Design and Preston Partnership collaborated for the design, with apartments "larger than typical Ballston/Rosslyn offerings." And forget old school, the building will feature the absolute latest in amenities package - think bocce, Wi-Fi, billiards, cyber cafe, bike storage and an electric car charging station. Such amenities may soon be coming even closer to your own neighborhood, as Insight is planning to dot the area with similar apartments:
"Insight development projects include two buildings scheduled to break ground later this year: one in downtown Silver Spring, MD and one near the Huntington Metro station in Alexandria, VA. Two more projects -- another development in Arlington and one on H Street, NE in Washington, D.C. -- will follow shortly thereafter."
Clark Builders Group is the general contractor, Buvermo Investments of Bethesda is the equity partner in the $25 million development. Construction began on the project last year and is expected to be complete by this fall.

Arlington, VA real estate development news

Tuesday, February 07, 2012

MRP and JBG To Develop the Exchange At Potomac Yard

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MRP Realty and JBG Companies this week announced plans to jointly develop a new 1.9 million s.f. mixed use project at Potomac Yard, just one mile south of Reagan National Airport.

The joint-venture plans for the 17-acre development along Route 1, to be known as The Exchange, call for a town center featuring 800,000 s.f. of office and hotel space, with two hotels offering 625 rooms, along with 534 residences. The town center will include a plaza that features a seasonal ice skating rink.

SK&I is the residential architect and Gensler the master planner, according to MRP spokeswoman Julie Chase. MRP also hired SK&I and Gensler for its Washington Gateway project, set to break ground this year.

The development will also be served by the region's only Bus Rapid Transit system which could begin operating along Route 1 by 2013-2014. Further out, the long-awaited infill-station on the Metro's Blue and Yellow Line could serve both Potomac Yard shoppers, located just north of the planned development, and The Exchange residents and office workers.

Metro is in the process of drafting an Environmental Impact Statement on how to best locate and construct the infill station site and a final decision on the station is expected in late 2013.

Groundbreaking for The Exchange development's infrastructure began in December 2011 and construction on the first 323 residences will commence in the second quarter of 2012, the companies said.

Arlington, Virginia real estate development news

Thursday, January 19, 2012

Today in Pictures - Views at Clarendon

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The Views at Clarendon is now complete after two years of construction and 5 years of lawsuits. The building was a collaboration between Arlington County, which lent money to the project, the First Baptist Church of Clarendon as the landowner, and the Arlington Partnership for Affordable Housing (APAH). The project began construction in October of 2009, tacking on a high-rise of 46 market-rate and 70 subsidized units to the existing church. Now ready for rentals, the residential portion has been christened Vpoint Apartments, with the first tenant scheduled to move in tomorrow. According to a spokesman for the community, 45 of the apartments have already been preleased.










Arlington, VA real estate development news. Photos by Rey Lopez.

Thursday, January 12, 2012

Founders Square DARPA Building Complete, Residential Tower Next

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The first stage of Ballston mixed-use mega-project Founders Square, a 13-story 350,000- square-foot office building at 675 North Randolph, is now complete, with the first (and only) tenant, the Defense Advanced Research Projects Agency (DARPA), now taking possession of the property. Developer The Shooshan Company now has a clear runway to break ground on the next phase of the five-building, 1.2 million-square-foot complex, the 17-story, 257-unit residential building at 4000 Wilson Boulevard.

“We’re in the very final stages of completion of 675 North Randolph, the new DARPA headquarters,” said Kevin Shooshan, Director of Leasing at the Shooshan Company. “It’s basically complete. [DARPA] is in the process of accepting the building, and transferring over floor by floor, a process which will go on the next few months, probably into the second quarter of 2012.”

DARPA, a secretive federal intelligence and research agency that, according to some reports, invented everything from the internet to GPS, was formerly headquartered down the road on Fairfax Drive in Virginia Square, and almost left the state on the recommendation of the Base Realignment and Closure Commission in 2005. But state representatives and two consecutive governors used a $10 million grant to convince the federal agency to stay in the area, pointing to the 800 jobs (including contractors) provided and $33 million dollars in city and state taxes paid by the agency each year. DARPA is paying $14.7 million a year on their lease.

The new DARPA headquarters, which is certified LEED Gold, is also the first office building in the area to meet the Department of Defense’s Level IV security standards, and will incorporate a secure parking facility and an 82-foot secured perimeter, and is a surrounded by a sizeable lawn that segregates it from the other buildings in Founders Square.



Now, says Shooshan, the focus moves to the residential building at 4000 Wilson Blvd. “Two hundred fifty seven units, seventeen stories, with construction set to begin in the first quarter of next year, and finishing in the first quarter of 2013,” says Shooshan. “The site plan has been approved for over a year now. Permits are lined up and we're going to pull them in a matter of weeks."

The 1.2 million square foot Founders Square project, designed by RTKL Associates, is also slated to include a 183-room Marriott Residence Inn at 650 North Quincy, and a 420,000-square-foot office building at 4040 Wilson Blvd.


Arlington, Virginia real estate development news
 

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