Showing posts with label Georgia Avenue. Show all posts
Showing posts with label Georgia Avenue. Show all posts

Sunday, October 25, 2020

The Parks at Walter Reed - Part II

0 comments

In 2013, the District chose the team of  Hines, Urban Atlantic and Triden as Master Developer, with Torti Gallas as the master planner, charged with redevelopment of the equivalent of a small town, beginning with the removal of the 2.7m square foot brutalist hospital, a-year long endeavor due to its massive size, conducted by demolition giant NorthStar Contracting Group.  The team then lead a $700m investment reintegrate the site back into the city, removing barriers and regrading to allow street connections.  "We connected streets everywhere the grade would allow us" said John Torti of his firm's efforts to conform the site to the city's carefully detailed plan.  

Washington DC commercial real estate, Parks at Walter Reed

15 of the 66 acres are preserved as open space, with "many many parks sprinkled throughout."  Dahlia Street is to become a main entrance and go through State Department's portion, which has promised to connect it through.  Add to that 182 units of senior housing, 500 condos, 1200 apartments, nearly 200,000 s.f. of office, 150,000 s.f. of hotel, 260,000 s.f. of retail (including of course the 40,000 s.f. Whole Foods), as well as a 350,000 s.f. research facility by Children's National Health System and a new ambulatory care center by Howard University, incorporating many of the historic buildings on the site.   The project is being phased over many years, but the Vale (300 unit apartment building) and the Brooks (89 condo units) are set to be the first major deliveries early next year.
Washington DC commercial real estate, Parks at Walter Reed

Washington DC commercial real estate, Parks at Walter Reed

Washington DC commercial property, Parks at Walter Reed

Washington DC commercial property, Parks at Walter Reed, retail for lease

Washington DC commercial property, Parks at Walter Reed, retail for lease

Washington DC commercial property, Parks at Walter Reed, retail for lease

Washington DC commercial property, Parks at Walter Reed, DC retail for lease

Washington DC commercial property, Parks at Walter Reed, retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease, demolition by Northstar Construction Group

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial real estate for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Washington DC commercial property for sale, Parks at Walter Reed, DC retail for lease

Hines, Urban Atlantic, Walter Reed, Northstar

Washington DC commercial property news

Friday, August 31, 2012

Petworth Safeway Closing September 8th for Multi-family

4 comments

Safeway officially announced today that it will close its Petworth store on September 8th to make way for the mixed-use development that has been long planned for the site.  The new store, to be developed by Duball, is scheduled to open mid 2014, with a 62,000 s.f. facility that will be the third largest in the city, triple the size of the current store.  Five floors of residential will sit atop the supermarket at 3830 Georgia Ave.  Torti Gallas designed the new building.

Washington D.C. real estate development news

Monday, August 20, 2012

Petworth Safeway Announces September Start Date

14 comments
Duball LLC and Safeway have announced a start date for their Safeway project at 3830 Georgia Avenue.  The project, announced several years ago, will develop a 62,000 s.f. Safeway with 220 apartment units above.  The development will replace the dated 21,000 Safeway building.  A groundbreaking ceremony will be held September 19th.

Petworth SafewayThe "transit oriented state-of-the-are Safeway," sitting on 1.56 acres, is one block north of the Georgia Avenue-Petworth Metro and will include 86 below grade spaces for customers and 135 spaces for residents.  The development agreement, worked out between landowner Safeway and developer Duball, keeps Safeway as the owner of the land with Duball granted development rights for residential units and parking on top of the Safeway.

Marc Dubick, founder of Duball, was the principal developer of the CityVista Safeway in Mt. Vernon Triangle.  Duball previously developed Lionsgate in Bethesda and Rockville Town Center.

Washington D.C. real estate development news

Tuesday, April 05, 2011

Georgia Avenue Projects Finish Out, Fill Up

1 comments
The Georgia Avenue corridor at Petworth comes into its own as one more residential development marks its completion this month: 3 Tree Flats, the 130 unit rental building from AHD Inc., Jair Lynch Development Partners and Stratford Capital Group, part of the Georgia Avenue revitalization. An opening celebration is scheduled for April 13th.

The mixed income building two blocks from the Petworth metro offers views of the city from its perch on a hill, a green roof and parking. According to Tara Russell, building manager from Equity Management, units have been available since February. Forty-nine units have been leased, with applications having been filed on the remaining 81 units. "We have had a great response from the community," said Russell. "We could not be more pleased."

The Office of the Deputy Mayor for Planning and Economic Development (ODMPED) selected the development team – which also included EDG Architects and Frank Schlesinger Associates - in 2007 following a competitive solicitation process, the project had been started under the name Georgia Commons before rebranding last year.

Washington, D.C. real estate development news

Friday, February 25, 2011

Neighborhood Report: Georgia Avenue

15 comments
Much has been promised of Georgia Avenue, without fulfillment. Some developers, like Chris Donatelli at the Petworth Metro, have made an impact, while miles of underutilized land changed little on one of Washington DC's major corridors. At last, investment on the avenue has arrived. Below is a summary of the improvement now underway.

The Great Streets Project, a centerpiece of the revitalization of middle Georgia Avenue, is in full swing with single lane closures tying up Taylor to Upshur Streets for much of the month. Plans include better lighting at intersections and at pedestrian level, more trees, and repaved sidewalks.

The Heights, at 3232 Georgia Avenue, will offer 69 units and 10,000 s.f. of ground floor retail, is behind schedule. The Neighborhood Development Company (NDC) project had been slated for completion for early 2011, but has been pushed to a third quarter opening. Half the units will be offered as affordable housing.

The Vue is a smaller, privately financed project at Georgia Avenue and Morton Street; 7,000 s.f. of retail space and 112 market rate apartments. Also an NDC project, the completion date is farther on the horizon since the zoning hearing was rescheduled for late this month.

3813 - 3829 Georgia Ave: This Donatelli project on a neglected strip will provide 5000 s.f. of retail and 5000 s.f. of restaurant space. It also includes Chez Billy, formerly Billy Simpson's House of Seafood, at 3815 Georgia Ave. The restaurant, to be run by Thievery Corporation's Eric Hilton and brother Ian Hilton, had been designated for the National Register of Historic Places for its role in the social and political culture of D.C.'s African American community.

Opening has been delayed because of the owners' focus on other projects, namely American Ice Company and the soon to open Blackbyrd Warehouse next to the Hilton-owned Marvin at 2005 14th Street. Projected opening date for Chez Billy is June.

At the southern end of that strip is 3801 Georgia Avenue: Donatelli's seven-story multifamily - The Griffin - is near completion, slated for July or August, 49 units for sale or lease (not yet decided). Designed by Eric Colbert and Associates, the building is residential only, no retail.

6925-6529 Georgia Ave: Blue Skye Construction has been chosen by the city to build 24 mixed income units in this fenced off, undeveloped lot on upper Georgia Avenue. The District bid the project out in 2009 and chose Blue Sky in early 2010, but the District is still grinding through the approval process.

Howard Town Center: In negotiations for an anchor grocer, Howard Town Center is seeing delays that bump the completion date to 2013 or beyond. Ongoing negotiations to obtain a grocer for what would be Georgia Avenue's largest mixed-use project have been inconclusive, and CastleRock Partners, Howard University's chosen developer for the site, has yet to move forward. CastleRock was selected in early 2009 to build up to 450 apartments, a grocery store, and a large retail component.

Georgia Ave Safeway: According to Duball LLC, groundbreaking for what will become the second largest Safeway in the city at 3830 Georgia Avenue won't occur until a year to a year and a half from now. Duball said at this month's ANC meeting that they will focus on permitting and securing approval for the Planned Unit Development. Expect completion in two to three years, at best.

Park Morton: Though Hamel Builders is on site to break ground in the joint venture between the Warrenton Group and Landex Companies on the $130 million dollar, 500 unit housing project, they're still waiting for permits says Tom McManus, Studio Director of Wiencek Associates Architects and Planners, the firm responsible for the project's design.

Dubbed "The Avenue," the development located on the southwest corner of Newton Place and Georgia Avenue includes public housing. DCMud reported that the project was to take 14 months to build, but it has to start first.

2910 Georgia Avenue: The construction of this 22 unit, all-residential development is well underway. Developed by Art Linde of ASL International, the designer is Eric Colbert and Associates. Linde bought the property from Howard University in 2009 for $560,000.

Washington, D.C. real estate development news

Thursday, February 17, 2011

Howard Town Center - Looking Toward 2015

8 comments
After years of postponed deadlines, the Howard Town Center is hobbled by more delays. "We're looking at 2013 at best, though it could be as late as 2015," says KLNB Associate Jennifer Price, who is working on leasing. Howard Town Center is a mixed use concept that would bring a grocer, retail, and condos to a underutilized corner of Georgia Avenue near Howard University. The hitch? Finding a grocery to anchor the space. "Everything is dependent on the grocer," said Price. "Until we secure one, we won't know how much square footage of retail space we'll have available for other businesses." Price says "quite a few" are vying for the space, but one thing is for certain: it won't be a Giant, since the O Street Market project knocks the store out of contention. Price projects that plans for Howard Town Center to firm up by May. Howard Town Center at 2100-2146 Georgia Avenue is the proposed development of CastleRock Partners and Howard University to take the place of the Bond Bread building and offer 70,000+ s.f. of commercial property, a 45,000 s.f. supermarket, 300 to 450 residential units, and parking. All of this, says, Price, is dependent on the grocer, how much square footage it would entail and its architectural plans. Perhaps one reason grocers are reticent to stake claim to the property is because of the new Safeway now planned for middle-Georgia Avenue and the Yes! Organic Market already up the street, in addition to the Giant slated for Shaw. Back in 2009, Philadelphia's Fresh Grocer was a top contender for the site; their corporate office confirms the location is still under consideration."The Fresh Grocer is very interested in and committed to new store development in the District of Columbia, especially at the Howard Town Center," said Patrick J. Burns, President and CEO of The Fresh Grocer. "We have been working with the investors and developers of Howard Town Center for years and are disappointed that the project has stalled. However, our interest in bringing a ground-up, state of the art Fresh Grocer supermarket to the Howard Town Center remains steadfast."
The script for Howard Town Center has a long and colorful backstory, which includes the 2006 land swap of the city-owned Bread building property for Howard's land at Florida and Sherman Avenue, for which the city will solicit bids for a mixed-use property that would include 300 residential units. Earlier in its illustrious life, the Bond Bread building was wedded to the People's Involvement Corporation (PIC), a 30-year tenant. The non-profit was promised ownership of the property in a verbal agreement with Mayor Washington in 1965. When it was not granted, PIC sued in 2003 and lost, naturally, with the court concluding that "a mayor's written promises cannot be relied upon." Trammell Crow Company was the initial developer in the projects early stages, but the university did not have control of the land until 2008, at which point the project was up for bid and Howard opted for CastleRock Partners' proposal in November of that year. Washington, DC Real Estate Development News

Thursday, December 02, 2010

NDC Proposes Redevelopment of Georgia Avenue Strip Mall

6 comments
The Neighborhood Development Company (NDC), busy with their efforts to revitalize the Georgia Avenue Corridor, is now proposing a new mixed-use development just a block north of their already approved project "The Heights," set for the intersection of Georgia Avenue and Lamont Street, NW. "The Vue," at southeast corner of Georgia and Morton and just beginning the rezoning application, will rise seven-stories above the 7,000 s.f. ground floor retail and offer 112 residences. Forty-nine parking spaces will be provided below grade. Unlike The Heights, where developers reserved half of the units as affordable housing in return for special financing options awarded by HUD and a large tax abatement granted by the District Council, the $30 million Vue project will be privately financed and almost wholly priced at market-rate (the bare minimum of 8% of the new project's square footage will be marketed at 80% AMI in order to satisfy Inclusionary Zoning requirements).

NDC purchased the property for $2.2 million in 2009 and will raze a rather unremarkable strip shopping center to make way for their 118,160 s.f. project. A post office at 3321 Georgia Avenue, also on the site, will remain, the U.S. Postal Service could not be enticed out of their long term lease. With the help of project architect Grimm and Parker, NDC will incorporate the one-story post office into their new construction plans. "The entrance to the post office will be repositioned facing Georgia Avenue," explains NDC Principal Adrian Washington, "and the facade will be recast with brick to match the look of the first floor retail component."

Washington reports that while not many of the details have yet to come to life, several green features are in the works, as well as an indoor gym and media center. He expects "some really good, local retail" to occupy the ground floor spaces, likely restaurants and cafes. Down the street, where many online commenters were clamoring for Trader Joe's to become the 10,000 s.f. retail anchor of The Heights, a deal has not been reached with any specific tenant. "We've been in talks with Gary Cha [President] of Yes! Organic Market and a couple hardware supply stores," says Washington, "but no commitments have been made."

Back up the street, The Vue's zoning application was recently set down by the Zoning Commission. NDC's legal representative Kyrus Lamont Freeman at Holland & Knight expects the hearing to be scheduled for late February, about the same time Washington's team anticipates a groundbreaking at The Heights. In anticipation of the Zoning review process, developers have already briefed local entities on their new development plans; most recently NDC met with the The Georgia Avenue Community Development Task Force and have scheduled an informal meeting with ANC 1A for December 8th. While the Vue's completion is distant, Adrian Washington expects to deliver the building within sixteenth months of a construction start, placing a ribbon cutting somewhere during second quarter of 2012.

Washington D.C. Real Estate Development News

Tuesday, August 10, 2010

No School, All Play at New Bruce Monroe Park

3 comments
Although reading, writing, and arithmetic may be on the agenda for future visitors to Bruce Monroe Park, for now it is just 24-7 recess at 3012 Georgia Avenue, site of the the former school, redevelopment candidate and now park. The DC government held a press conference last August to vaunt demolition of the PCB and asbestos-ridden school, and to announce that the city would issue an RFP "in the next few weeks" for redevelopment of the site. But the District's solicitation failed to materialize, and city has since spent $2m beautifying the site before releasing a new RFP last week.

Last week, Consys, Inc. finished phase one of construction at Bruce Monroe Park, and the site is now open to the public. Two basketball courts, a tennis court, a small parking lot, and a playground complete the landscaped park, almost entirely enclosed by wrought iron fencing. There is no timetable or specifics yet nailed down, but a small
community building is expected to follow. Originally only funded with $500,000, it looked as if the project would come up short of complete. But the community expressed their disapproval as the two basketball courts and tennis court sat idly, waiting for the necessary hoops, posts, and netting required for proper usage until Ward One Councilman Jim Graham secured an additional $1.5 million in funding for the temporary park, which has since undergone a vast improvement in just a few short weeks.

Meanwhile, the Office of the Deputy Mayor for Planning and Economic Development (DMPED) has asked for redevelopment proposals for the site. Development teams would not be limited to strictly educational uses, as DMPED has asked that proposals feature both a mixed-use (half school, half commercial) option and an entirely commercial plan. The RFP does stipulate that property sales generated from a potentially all-commercial venture would have to be reinvested in the renovation and modernization of the off-site school where former Bruce Monroe students are now housed.

A significant conglomerate of involved parents had previously voiced opposition to the prospects of updating the current Bruce Monroe, and it was assumed that option had been unofficially taken off the table. But as made clear by the new RFP, the possibility remains alive. All proposals must be received by 3PM on October 14th.

Much is in the works for the long-planned makeover of the Georgia Avenue thoroughfare, including several nearby affordable apartment projects, but very little construction has gotten under way. So it remains undetermined whether the priority here is a quality educational facility, or a proposal with the greatest likelihood of immediate construction and hurried completion.

Washington DC real estate development news

Saturday, June 19, 2010

Breaking Ground and Inclusionary Zoning on Georgia Avenue

2 comments
The developer of 2910 Georgia Avenue is again claiming that construction is imminent on 22 new condos, to be completed within a year's time. The matter of right development, designed by Eric Colbert and Associates, will come in at five floors, plus a penthouse, and will be no higher than 50 feet. The project was originally set to break ground in May, but faced a bit of a technical setback.

Art Linde, President of ASL Development Corporation confirmed the pending construction, "I'm picking up the building permits as we speak." Linde said there had been a few delays because of some confusion over inclusionary zoning. The rules, which kicked in almost a year ago and are fairly straightforward, require that new buildings (or groups of homes) with 10 or more units provide 8 to 10% of new units as affordable for "moderate-income households" - applicants making up to 80% of the Area Median Income (AMI).

Though the developer had previously said the entire project would be market-rate, the IZ rules require a building of this size to offer two units to moderate income buyers. Oops. Despite the snafu, Linde was eager to get to work, saying he hoped to start on Monday, but given the Friday afternoon permit pick-up that might again be a bit ambitious.

Washington, DC real estate development news

Monday, May 24, 2010

New Apartments to Surface on Georgia Avenue

9 comments
The Heights at Georgia Avenue is closer to beginning construction this summer, a little over a year after the development team received zoning approval to replace surface parking lots and older commercial buildings with a new mixed-use development. Project partners Neighborhood Development Company (NDC) and non-profit Mi Casa, Inc. have filed for construction permits to build the six-story, 69-unit apartment building. The new building, at the corner of Georgia Ave. and Lamont Street, will sit only a few blocks from the planned development at Park Morton. Estimates have the building delivering in early 2012, a bit behind its original plans for opening in early 2011.

The development team is working with Grimm + Parker Architects on the design. The project will have a green roof, with solar panels that power some of the common area lighting. Adrian Washington, a Principal at NDC, said the design team wanted to make a statement about the "important corner" and that the rooftop trellis element "creates a strong corner" for the block, while the rest of the design strikes a balance between a contemporary building and something that "fits with the neighborhood." The apartment building will deliver over 10,000 s.f. of ground floor retail and 69 rental units, half of which will be affordable housing available at 60% to 80% AMI. Within walking distance to the Georgia Avenue/Petworth metro station, the building will offer residents 29 below-grade parking spaces.

Since receiving zoning approval in March of 2009, the development team has been working on finalizing plans to apply for permits, negotiating relocation agreements with existing businesses and securing financing. In January, the District Council approved a $447,000 tax abatement for the project and the team has an application in with the US Department of Housing and Urban Development (HUD) for additional financing options. "We're on track for everything...the financing is what is slowing us down" explained Washington. The HUD application process is "taking a lot longer than we thought it would take," he added, but the federal housing agency is "the only game in town," so wait they must.

Washington said his team has spoken with two or three potential tenants, but no one wants to make a commitment this far in advance, "nothing much is going to happen until you've got a building that is coming up." The developer described the attitude he and his partners at MiCasa have for the project as "bullish." That said, Washington admits "developing infill sites in the city especially in neighborhoods in transition is hard" especially in this "very difficult economic environment."

The developers purchased the property in June of 2008 for $2.75 million under the entity Georgia and Lamont Limited Partnership. Hamel Builders is the general contractor.

Washington DC real estate and development news
 

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