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Today D.C.
Mayor Adrian Fenty made the not-entirely-surprising announcement that the winning group to redevelop the M.M. Washington Career High School at 27 O Street N.W. will be a team made up of
UrbanMatters,
Mission First Development,
Mt. Lebanon Community Development Corporation and
Square 134 Architects. Responses to the
RFP for M.M. Washington, one of many excess schools offered up in 2009, were due March 27, 2009. The winning team submitted one of only two responses; the other coming from the
Cultural Development Corporation (CuDC). The school will be developed into 90+ units of affordable senior housing, The House of Lebanon, and 15,000 s.f. of community space with an estimated project cost of $25 to $30 million. CuDC's project would have brought mixed-use office and artists' studios to the neighborhood.
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Also involved in the 94,000 s.f. project is the
Mt. Lebanon Baptist Church, which sits just a few blocks away from the project site and is part of the
Washington Interfaith Network (WIN). WIN also received the development rights for the
Dix Street properties recently. Fenty reminisced about WIN saying the group "has come a long way"since he first began meeting with them, adding that WIN is now a "full-fledged community partner and developer."
The story here may be more in what will not be developed. The CuDC's plan is similar to the
RFP the group released seeking development partners to build arts-oriented projects to catalyze neighborhood development. When reached for comment this morning about the pending announcement in favor of the opposing team,
Anne Corbett,
Executive Director for CuDC, had some revelations about the project. CuDC had not heard anything formally from DMPED's office about the RFP application in almost six months, and Corbett said she was "frustrated that a media advisory went out" without the District notifying her she had lost the bid. Oops.
Corbett described the project her team submitted as a mix of artists studios and creative commercial office spaces for "folks craving something with a rougher, more industrial aesthetic with more affordable price tags." Significant about the arts project, Corbett added, was that it required only an initial seed contribution from the District government, but would not need "ongoing public subsidy. "It was a sustainable plan," explained Corbett, that would have created "a fair amount of tax revenue [for] the District; but apparently that was not the preference."
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The House of Lebanon, according to
Pastor Edmunds of
Mt. Lebanon Baptist Church, will require $6 to $8 million in low-income housing tax credits, the "rest will be private." Edmunds and the development group estimate a mid-2011 ground breaking and a late 2012 finish date.
Corbett, however, was skeptical on a project requiring so much in financing that is not available. About the plans to use the low-income housing tax credits, Corbett said, "right now the District does not have any to distribute" and she worries that this plan will require "a whole lot of public money; or it will sit on the shelf until there is a substantial rebound in the market." At the end of the day Corbett says, "it's not to say they needed to pick me," but she worries that "the project will sit for five more years."
In the RFP for the site, like others including the recently awarded
Hine School, the District indicated it was seeking experienced developers with creative visions for utilizing the land and/or buildings. It is not entirely clear that either of those criteria was met.
Washington, DC real estate development news