Showing posts with label Ellis Development. Show all posts
Showing posts with label Ellis Development. Show all posts

Thursday, July 19, 2012

Today in Pictures - Progression Place

6 comments
Progression map of Shaw redevelopment and architecturePlace may be only one of numerous projects underway in Shaw, but it will be one of the first large development to be completed.  Developers began work in 2010 on with 100,000 s.f. of office space, a 205-unit residential apartment building, and 20,000 square feet of street-level retail. The project was designed by architects Eric Colbert & Associates and Devrouax + Purnell, and built by Davis Construction. Devrouax Purnell, Ellis Development, Shaw, Progression Place, Jarvis Company, retail
Ellis Development, The Jarvis Company, and Four Points combined forces to build the project above the Shaw Metro station. 
Shaw construction: DP Architecture, Washington DCretail project for rentWashington DC retail under construction - Progression PlaceEllis Development, Jarvis Company, Four Points, DP Architecture, Shaw MetroNew construction in Washington DCRetail for rent in Washington DCreal estate news in Washington DCNew building at the Metro station in ShawRetail opportunities coming in Shaw, DC

Washington, D.C real estate development news

Monday, January 09, 2012

Today in Pictures - Progression Place

6 comments
Progression Place - one of Shaw's most notable development projects, is set for occupancy later this year. Developers began work in 2010 on the 320,000 square foot, $150 million development, with 100,000 s.f. of office space, a 205-unit residential apartment building, and 20,000 square feet of street-level retail. The project was designed by architects Eric Colbert & Associates and Devrouax + Purnell, and built by Davis Construction.
Ellis Development, The Jarvis Company, and Four Points combined forces to build the project above the Shaw Metro station. The United Negro College Fund has purchased a stake in the building to be the main office resident.
Washington D.C. real estate development news

Saturday, February 05, 2011

Shaw Developers Celebrate Step Forward with Progression Place

4 comments
One of Shaw's chief development projects, slowed by lost tenants and missed start dates, is finally having its day as developers celebrate a "groundbreaking" Monday for a project that began in late 2010. Developers of Progression Place began work last December on the 320,000 square foot, $150 million development, with 100,000 square feet office space, a 205-unit residential apartment building, 20,000 square feet of street-level retail, but on Monday its developers will fete themselves and the sale of an office condo to anchor occupant United Negro College Fund (UNCF).Shaw's Progression Place development in Washington DC is being built by the Jarvis Company and Four Points UNCF officially purchased half the project's office space on December 24th, but developers were already doing site work on the vacant lot in anticipation of the settlement and Eagle Bank's $13m loan made possible by the sale, which was in turn made possible by the city's $3.6m financing subsidy for UNCF. Ellis Development, The Jarvis Company, and Four Points combined forces to build a project that would be hard to overestimate in importance as a beacon for Shaw's development, adding housing, jobs and retail in an area that had little investment in any of those markets. Progression Place is adjacent to the Howard Theater, also being developed by Ellis, and will build in parking for the historic theater and add a rebuilt Metro entrance. UNCF's office condo and the "7th Flats" will both be ready for occupancy in mid 2012. With a new library in place just to the south, and the Convention Center Marriott already underway, the O Street Market remains the largest holdout that could tie together development along the 7th Street corridor. Design is being handled jointly by architects Eric Colbert & Associates and Devrouax and Purnell, and Washington DC commercial property and retail for leasebuilt by Davis Construction and Gilford Corporation. The public ceremony will be held at the Lincoln Theater at 11am on Monday. 

Washington DC real estate development news

Wednesday, December 22, 2010

Construction Begins Quietly At 7th & S Streets NW

5 comments
Shaw seems to be the land where development dreams go to die, or at least be indefinitely put on hold, where groundbreakings happen and aren't followed by actual construction. Too often news of impending construction starts dissolve quickly, giving way to news of severed financial partnerships and runaway tenants. Such was the case for Broadcast Center One and their developers (Four Points LLC and Ellis Development) which, even after the loss of Radio One (and the project name along with it), predicted an August groundbreaking earlier this year. The programming was downsized, United Negro College Fund was brought in as a major new tenant, and the project was renamed Progression Place, but August (and a few other months) has come and gone without a groundbreaking celebration. But construction equipment can at last be seen sprawled across the grounds, and the porta-johns are installed, sure signs of progress. As the plan stands, Progression Place will have 100k s.f. of office space, 224 apartments, and wrap-around ground level retail, serviced by 188 below-grade parking spaces. The development plans also call for a face-lift for 7th Street retail frontages.



Wednesday, September 01, 2010

Howard Theater Redevelopment Team Ready To Break Ground

13 comments
DCMud is always happy to report project groundbreakings, especially when historic preservation is involved. But when redevelopment plans, mired in financing complications, have remained in holding patterns for years, it is only natural to question the legitimacy of a phoenix-like ground breaking, especially in election season. Despite that, it seems that Shaw's Howard Theater groundbreaking scheduled for tomorrow is paid for and ready to build.

Plans to redevelop the historic Howard Theater have been in the works for years, but like so many idling Shaw development plans and Ellis Development's other nearby project Broadcast Center One turned Renaissance Project, the financial hurdles have been frustratingly difficult.

Earlier this March, the Washington Business Journal confirmed that fund raising efforts for the Howard Theater redevelopment non-profit group and their development partner Ellis, through both private fund raising means, an eight million dollar public grant, and tax credits, had secured 74% of the needed $15.5 million. But developers were reported to have still been laboring fruitlessly for further bank financing.

Now, Chip Ellis of Ellis Development has confirmed that funding is in place, and the team will begin actual construction next week. Ellis added that a TIF loan and a five million dollar loan from Eagle Bank helped finalize phase one financing plans, adding to money already promised by the District government. Ellis qualified the good news, adding that $3.5m more needs to be raised in order to commence and complete phase two of the construction, which will extend and widen the back of the theater, making room for classrooms, offices, a library, and museum. So while a time table for a final ribbon cutting still remains conditional upon the speed with which the last few million is secured, the news confirms that the groundbreaking is more than symbolic.

The restoration of Howard Theater, once a mecca for listeners seeking out the performances of African American musical stalwarts like Duke Ellington, Ella Fitzgerald, and later Sammy Davis Jr., is vital to the revitalization of Shaw. It also makes sense to anchor a significant new performance space, part theater, part museum, in this particular area, sandwiched between the wealth of music venues along the U Street corridor to the north and the entertainment heart of the city in Chinatown to the south. Local firm Martinez & Johnson Architecture, which also redesigned the Strand, continues to carry the burden of design planning. Architect Naomi Ueki said the most important goal in this project, like so many restoration efforts, is to "keep the historical elements that define the theater in tact and work around them." The first order of business is the demolition of the interior - a complete gutting - while making sure to protect the footprint of the building. Excavation of the ground floor will follow in an effort to dig out a basement level. In addition to general masonry improvements, replica windows, signage, historical lamps, openings and architectural details will all help bring the famous theater facade back to life. The available financing and long to-do list is expected to keep construction crews busy through January; by then developers hope to have secured the additional funds to transition smoothly into phase two.

Shaw residents who are tired of being strung along by promises without much action to follow will finally hear some racket from the construction site at at the corner of 7th & T Streets. This is at least reason to put on a jazz record and smile. Now, we can hope for the Wonder Bread Factory to provide an overture.

Correction: Steve Cassell of Four Points LLC has informed DCMud that while the name "Renaissance Project" was thrown around the idea table it was never finalized. "Progression Place" is the official project name for the development formerly known as "Broadcast Center One," while the residential aspect of the project has been dubbed "7th Flats."

Washington D.C. Real Estate Development News

Friday, June 18, 2010

Ellis Ready to Build Broadcast Center One

4 comments
Ellis Development Group will reportedly break ground on both of its Shaw projects in the same week in August; the Howard Theater and the newly-dubbed Renaissance Project, the quiescent project formerly known as Broadcast Center One. The developer, along with partners Jarvis Company, LLC and Four Points, faced a major setback earlier this year when Radio One decided not to relocate to the area (hence the new name). But the District stepped in and enticed the United Negro College Fund (UNCF) to fill a large portion of the mixed use project, purchasing an office condominium and ensuring its place in the community for years in the future. Just this week the team received news that the District Council approved $3.6 million for the UNCF, guaranteeing their relocation to Shaw at the northeast intersection of 7th and S Streets, NW, above the Shaw Metro.

The subsidy will come through real estate tax abatement over 10 years, starting in fiscal year 2012, and relocation assistance through a grant of $710,000.

With the loss of Radio One, the developers slimmed down the project to include 94,000 s.f. of office space with anywhere from 180 to 200 residential rental units. The change drops 25,000 s.f. of retail space and reduces the amount of office space by about 10,000 s.f.

Alexander Padro
, the Executive Director of Shaw Main Streets, said the project should deliver in phases, office space first. UNCF is expected to occupy in May 2012. Total project costs are estimated at $144 million.

Washington, DC real estate development news

Thursday, June 17, 2010

Shaw's Great Expectations

6 comments
Shaw Main StreetShaw will have its renaissance yet. Earlier this week Alexander Padro, the President of Shaw Main Streets, provided positive updates on several long anticipated developments in the Shaw neighborhood. It should make for a busy summer and fall, beginning with Monday's groundbreaking for 1501 9th St., NW, a small development by a small business, Inle Development. It marked the beginning of the groundbreaking "season" with bigger projects, like the Howard Theater, set to follow shortly.

Inle's development will be home to Mandalay Restaurant and Cafe, a Burmese restaurant currently based in Silver Spring. Mandalay will have a ground floor restaurant with outdoor seating, a second floor bar and the remainder will be residential space for the restaurant owner and family members. The restaurant will open next summer.

Ellis Development Group and Four Points will break ground on August 22nd at the Howard Theater, marking the centennial anniversary of its opening. According to Padro, the team recently acquired and demolished a neighboring building and plans to seek approval for an alley closing so that the Theater will get a makeover and an expansion all at once. Construction should take approximately 18 months.


Washington DC retail for leaseAs we previously reported, Roadside Development will "break ground" on the O Street Market in September. At that time the developer will begin the process of bolstering and securing the existing structure with new construction likely to follow in "Spring of 2011." The two-block, mixed-use project will include 611 residential units, 86 of which will be subsidized by the city, senior housing, a 189-room hotel, a 516-space parking garage and 88,000 s.f. of retail: 57,000 s.f. Giant and 31,000 s.f. for additional vendors. The Shalom Baranes-designed project will cover two city blocks between 7th and 9th Streets, and O and P Streets and will re-open 8th Street.

Padro said this forward momentum is leading other developers, small and large alike to begin piecemeal work in other areas. Developers are "already investing in renovating some of the smaller historic buildings that are part of the larger projects." Little by little, one project at the time, Shaw's developers are bringing new energy to the neighborhood.

Washington, DC commercial real estate development news

Monday, March 08, 2010

Loss of Anchor Means Back to Basics for Shaw Development

7 comments
After the recent revelation that Radio One will no longer relocate to the District, Ellis Development Group, Jarvis Company, LLC and Four Points, the developers of the planned Media Center One project in DC's Shaw neighborhood, are modifying their plans and seeking official permission to extend their development timeline. The current approved Planned Unit Development is coming up on its two-year deadline, the requested two-year extension would give the developers time to regroup after recent setbacks.

The loss of Radio One for Media Center's 300,000 s. f. mixed-use development on 7th and S Streets, NW, forced the developers to revert to their "original" plan, a less grandiose proposal planned before Radio One swooped in and then bowed out. According to "Chip" Ellis of Ellis Development, the "new" plan is for 94,000 s.f. of office space with anywhere from 180 to 200 residential units. The units will be rentals "at this time," said Ellis. The change drops 25,000 s.f. of retail space and reduces the amount of office space by about 10,000 s.f. Construction could begin this July, though after years of delays and extended construction time lines, color us skeptical.

The United Negro College Fund will (likely) occupy the majority of the office space, but the development team is working to secure additional tenants, according to Ellis.
In January the Mayor's office proposed $3.8 million in tax breaks to assist the UNCF and entice their move to the District from Virginia. The District Council is set to review the proposal this week. In 2008, DC approved $23 million in subsidies for Media Center One, including $6 million in TIF financing which is now up in the air given the changed project, the massive budget shortfall facing the city and competing development plans elsewhere.

The moves come despite the developers' assertions in late September at the Shaw Main Streets (SMS) Development Forum that Media Center One would move forward and break ground before the new year (2010). On a rather bitter note, the developers had noted that they were one of the few "lucky" projects to actually have a tenant secured. Ouch.

Washington, DC real estate development news

Thursday, October 01, 2009

Shaw Main Streets Development Woes

4 comments
Shaw Main Streets, Quadrangle Development, Marriott Marquis hotel, Hines, Douglas Development, Alex Padro, Alan ZichAt the annual Shaw Main Streets (SMS) Development Forum Wednesday night, representatives from developers were invited to present the current status of their plans for major renovation and new construction in the area. The status, unsurprisingly, was "more of the same," leaving community members to resign themselves to continued hopeful waiting. SMS Executive Director, Alexander M. Padro, made excuses for several invited developers who were unable to attend. Quadrangle Development was a no-show because of the recently publicized litigation over their Marriott Marquis Convention Center Hotel deal, though Padro said Quadrangle indicated that financing is now secured. Banneker Ventures, slated to build The Jazz on Florida Avenue, declined to attend as their Land Disposition Agreement with WMATA has not been finalized. And Hines-Archstone, developers of the planned City Center cited scheduling issues.Shaw Main Streets, Quadrangle Development, Marriott Marquis hotel, Hines, Douglas Development, Alex Padro, Alan Zich 1. Paul Millstein of Douglas Development, certainly does not sugarcoat anything. About the Wonder Bread Factory development Millstein said it was a "victim of the times...stuck in a trench" and "could be stuck for a while." As for Squares 450 and 451 on the 1100 block of 7th St, Millstein announced that though the original plan was to redevelop the site, the group will now remove window boards, put some lipstick on them, and lease them out for the time being. On the positive side, Douglas secured a NY-based restaurant, Carmine's, to fill the 18,000 square feet of their Penn Quarter property near the Clara Barton Condos and Wooly Mammoth Theater. As for their 7th and Florida Ave. project, Douglas is seeking tenants, but according to Millstein the group is being picky, refusing to go the "fast and ugly" way of cell phone stores or fast food. Neighbors gave a round of applause for that one. 2. Next came 1501 9th ST NW a smaller development by a small business, Inle Development. According to the property owner/developer, the space will be leased to a single tenant, Mandalay Restaurant and Cafe, a Burmese restaurant currently based in Silver Spring. Mandalay will have a ground floor restaurant with outdoor seating, a second floor bar and the remainder will be residential space for the restaurant owner and family members. The developer cited a few financing "hiccups" but estimated the project should break ground in three to four months, deliveShaw Main Streets, Quadrangle Development, Marriott Marquis hotel, Hines, Douglas Development, Alex Padro, Alan Zichring late 2010. The project takes up a single lot and will likely be 50 ft in height. 3. On their Addison Square project Metropolitan Development had hoped to be into the ground by now, but it's looking more like summer 2010, at which point the 4-5 weeks of demolition will commence, followed directly by construction. The group received their final PUD two weeks ago, and a few changes mean the 54 units of affordable housing will be distributed among the 224 market-rate units, for a total of 278 rental units in the main building. The ground floor retail plans are largely unchanged with the group looking to have both a white table cloth restaurant as well as a faster, less formal restaurant. 4. Ellis Development Group and Four Points, erstwhile developers of Howard Theatre and Media Center One, formerly Broadcast Center One, said the financing for the projects, which have been repeatedly punted down the road, hit a "road bump," but the group expects the project to move forward, breaking ground on Media Center's 300,000 s. f. mixed-use development on 7th and S Streets NW before the new year. Shaw Main Streets, Quadrangle Development, Ellis Development, Howard Theater, Hines, Douglas Development, Shaw, Washington DC real estateConstruction will take approximately 24 months for Media Center to finish and, as the developer noted, they are one of the few lucky projects to actually have a tenant secured. Over at the Howard Theatre, demolition of the 1940s facade has already begun, ground breaking may still happen this year, and the developers are, of course, talking with prospective tenants. 5. Roadside Development's City Market at O finally has some legs and a timeline. In an agreement with several DC Council members, Roadside received a $2.5 million grant, enabling them to "put the architects back to work." The big day will be September 3, 2010, when the group starts work on stabilization of the historic market. The next big date is January 15, 2011, when the current Giant will close its doors and from which date Roadside will have 24 months to finish construction of the new Giant location.City Market at O, Shaw, Washington DC commercial real estate, Roadside Development The takeaway from the evening, with projects stuck in trenches, hitting road bumps or just plain falling victim to the economic climate, was that Shaw developers seem to be in a regular war zone these days. With so many groups blaming the current "financial situation" for development and construction delays, we are beginning to wonder what they'll blame whenever the financial situation improves...

Washington DC commercial real estate

Thursday, January 01, 2009

Howard Theater Revamp Gets the Go-Ahead

1 comments
Howard Theater, Ellis Development, HPRB, Shaw, Washington DC development
Washington DC’s Historic Preservation Review Board (HPRB) has unanimously approved Ellis Development’s plans to rehabilitate, restore and expand Shaw’s historic Howard Theater. The developer, in concert with Martinez and Johnson Architecture, aims to reinstate the famed 98-year-old dilapidated building to its former iconic status as one of the District’s premier theater Howard Theater, Ellis Development, HPRB, Shaw, Washington DC development, Whiting Turnerand music venues – with a few extra additions such as modernized backstage facilities, an in-house restaurant and a gift shop. Ellis principle Chip Ellis told DCmud recently that the renovations are expected to get underway next August, though funding has remained an obstacle. Whiting-Turner will serve as the general contractor. Ellis has also been planning the Radio One residential and office project nearby, but which has not gotten out of the ground.

Washington DC commercial real estate news

Monday, October 27, 2008

Coming Soon to a Howard Theatre Near You: Development

9 comments
By this time next year, the old Howard Theatre should be well on its way to recapturing some its lost magic. Ellis Development Group and Martinez & Johnson Architecture have been charged with restoring the historic theater to its original purpose - albeit with a few modern twists. The building will retain its original size and basic interior configuration as the 98-year-old music hall is restored to one of Washington DC's premier live entertainment venues. This is Ellis' second planned project for 7th & T Streets NW - they have also been selected for the colossal Broadcast Center One project on the same block.

The update will consist of what the developer describes as "three overlapping components." The first of these will include the reintegration of a "medium-sized" stage into main audience chamber, which aims to accommodate 500-600 concertgoers. The backstage area, or "Stage House" as they say in the biz, is to be outfitted with all of the state-of-the-art, modern amenities found in any venue worth its weight in Victrolas: theatrical rigging, motorized winches, soundproofing and the rest. A new level will be added 25 feet above the stage, in order to accommodate administrative offices.

Another phase of the historic revamp will include the addition of a new upscale restaurant, meant to accommodate up to 300 customers at any one time. Cuisine at the waiter-serviced eatery and bar is being described as “upscale,” with more details to be hammered out as the project approaches its targeted 2010 completion – and 100th birthday. A 1,200 square foot kitchen will round out the area.

However, the component of the most immediate significance to the local Shaw community is the “education area” – a pair of class-cum-rehearsal rooms directly underneath the stage. In keeping with the developer’s pledge to “enrich, educate and enlighten,” the space will be available to the local artistic causes.

And what would a DC landmark be without tchotchkes for sale? Rounding out the theatre’s redevelopment is a 600-s.f. museum and gift shop that will presumably detail the musical hall’s rich history as a host for acts like Duke Ellington, The Supremes, Marvin Gaye and Redd Foxx; faces you will now find on a coffee cup or mousepad, we suppose.

"We have 60% of the cost solved and we need to raise the rest to try and retire the debt, and/or raise as much we can to begin construction," said Chip Ellis of Ellis Development. The not-for-profit associated with the developer, Howard Theatre Restoration, Inc., will continue to accept donations until the project is complete.

According to Ellis, the $25 million worth of renovation procedures are expected to commence in Auguest 2009. Whiting-Turner will serve as the general contractor on the project.

 

DCmud - The Urban Real Estate Digest of Washington DC Copyright © 2008 Black Brown Pop Template by Ipiet's Blogger Template