Now Financed, Arlington Road Development in Bethesda Awakens

Keating Development - the Pennsylvania-based firm behind the development of The Phoenix in Clarendon and renovation of its historic post office, may soon be able to repeat that accomplishment in Bethesda. Keating has been planning Arlington Road, a mixed-use residential development and conversion of what is now a post office for years, and now reportedly has funding and a decision from the U.S. Postal Service, removing obstacles in the path of development. In 2009 Keating completed its Clarendon project, now on the Federal Register of Historic Places, and has since been working on its Bethesda sequel. "Now that it's funded, it's just a question of when," said Christopher Gordon, Principal for Kishimoto Gordon Dalaya (KGD), the architect for the project. Keating initially applied for approval of the mixed-use project at 7001 Arlington Road back in 2007. The project will add a four-story, 105 unit building to the 2.5 acre plot, with 40,000 s.f. of commercial space dedicated to a post office and over 300 parking spaces below the building. Construction had also been thwarted by the USPS, which owns the land, and which had not determined the ultimate use of the facility. But according to Gordon, the USPS has recently decided that the building will become a distribution facility. Significant design features include retail frontage on Arlington Road and the tapering of the building toward Capital Crescent Trail, "so it wont create a large amount of mass on the trail itself," said Gordon. Design plans will remain as they were approved, said Gordon. 

Bethesda, Maryland Real Estate Development News

Clarendon Condos Close Out

The Keating Group has closed its Clarendon sales center for the Phoenix Condos. Another developer gone out of business? You might think so, with gloom over real estate this year's bumper crop, but that would be incorrect. Keating sold the last of its 181 condos last week, and will now focus on selling its commercial remaining commercial space in the project it began building in 2005. The Pennsylvania-based developer renovated and expanded the historic Post Office on Washington St., now on the Federal Register of Historic Places, adding 52,000 s.f. of office space, retail, and of course the 11-story condominium on what had been a surface parking lot. Located 2 blocks south of the Clarendon Metro, the Phoenix was built by Turner Construction, and began selling more than 4 years ago, with prices originally running from the low $300's to the $700's. Construction completed in the summer of 2007. The project received approval by the Smart Growth Alliance - a mix of various smart growth and environmental groups, for its transit-oriented historic adaptation. The Phoenix condominium was designed by Dorksy Hodgson Partners, the main architects, with Oehrlein & Associates as the preservation architects. Keating will be going postal again, next time in Bethesda, where it plans another post office conversion with adjacent condo project. No timeline has been offered for that. 

Arlington Virginia real estate news

Post Office Makeover in the Works for Bethesda

One of Bethesda's most ennui-inspiring edifices, the United States Postal Office site at 7001 Arlington Road, was recently approved for a mixed-use makeover - courtesy of the Keating Development Company, KGD Architects and a future wrecking ball. Though the Montgomery County Planning Board (MCPB) initially approved the project in 2007, the development plan was approved by the Montgomery County District Council in November of 2008.

The $10 million project aims to do away with the current 18,600 square foot postal facility at the site and, in turn, replace it with a 4-story residential development located above a new post office. Plans on hand call for up to 105 residential units (14 of which will be reserved as affordable housing), approximately 7,000 square feet for a new USPS retail store and 23,000 square feet of ground floor "workroom" office space that will house a re-jiggered and newly improved Bethesda Post Office. These will be joined by 299 parking spaces - divided between a ground floor garage for postal service customers and vehicles, and a below grade structure for residents and employees.

Amenities planned for the as-of-yet untitled development include a landscaped deck area that will connect to the adjacent Capital Crescent Trail. In conformance with the zoning requirements, the project will also feature the required 50% green area - a surefire improvement, as the majority of the site is currently devoted to a large surface parking lot.

Keating representatives declined to comment on the status of the development, beyond conforming that it had, in fact, received approval of the development plan from the County Council. No timeframe has been established for groundbreaking, and the current post office at the site remains open for business and in full operation for the immediate future.