Showing posts with label Kettler. Show all posts
Showing posts with label Kettler. Show all posts

Tuesday, June 30, 2020

Flats at Atlas, Phase 2

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The second phase of the Flats at Atlas, the new apartment community in the Carver / Langston neighborhood of northeast DC, has now moved to exterior work, with completion slated for early 2021.  The project, perched on a hill with direct views down Maryland Avenue, offers vistas that end at the Capitol dome for some of the 325 rental units.  The project sits directly across the street from the Hechinger Mall, a parking-dominated strip that is also slated for redevelopment.
Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development

The first phase of the Flats, a 257-unit apartment building initially titled Arboretum Place for its close proximity to the national gardens, was built by Clark Realty Capital in a two-year construction project that broke ground in 2010.  In 2016, Clark sold the project, including the completed Flats of Phase 1 and adjacent lot, to a JV between Kettler and Westbrook Partners for $95m.


Project:  Flats at Atlas, Phase 2

Developer: Kettler, Westbrook Partners

Architect:  Dwell Design Studio

Construction:  CBG Construction

Use:  325 apartments

Expected Completion:  Early 2021

Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development
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Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development

Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development

Hechinger Mall, Washington DC real estate development

Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development

Kettler apartments, CBG Building, Dwell Design, Westbrook Partners, Washington DC real estate development

Washington DC new construction, Maryland Avenue, NE

Washington D.C. retail and real estate development news

Wednesday, June 03, 2020

Market Terminal - Signal House Tops Off

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Signal House, the 10-story office building at Union Market, has topped off and is in the process of adding a skyline to the warehouse district.  The speculative office project is part of Market Terminal, an ambitious 1.25m s.f., 4-building project converting a series of warehouses and parking lots into a mixed-use project.  Kettler kicked off development by receiving zoning approval for the overall project, and in early 2018 Carr Properties acquired the office portion from Kettler, as well as another lot purchased from Douglas Development, undertaking the sole office building surrounded by numerous residential projects, both completed and underway.

Like most large projects in DC, Market Terminal was appealed and delayed by local appealer and delayer Chris Otten.  With that process having been resolved, Carr has now reached full height on the 225,000 s.f. tower 2 blocks from Union Market and less than a 5 minute walk from the Noma Metro station.  Designed by Gensler, an international architectural firm, with interior design by Streetsense / Edit Lab, the building will feature double-height ceilings in sections as well as "some of the tallest ceiling heights and widest column spacing in the city," intended to reflect its industrial surroundings with a "truly unique" metal, glass and terracotta exterior.  Carr has not yet announced any tenants for the building that will complete in early 2021, but is implementing a suite of tenant and building health measures, including seeking LEED Gold certification, fully outfitted bike room, Fitwel Star rating, rooftop solar array, and, heck, even a karaoke room on the roof.  12,340 s.f. of retail will round out the ground floor. 



Washington DC real estate development
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Project:  Signal House

Developer: Carr Properties 

Architect:  Gensler

Interior Design:  Streetsense / Edit Lab


Use: 12,340 s.f. of retail

Expected Completion:  February 2021


Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Signal House, Carr Properties, Streetsense, Union Market, Gensler, Washington DC

Washington D.C. real estate development news

Washington D.C. real estate development news

Washington D.C. real estate development news

Washington D.C. real estate development news

apartments for rent Washington DC

Union Market development, Washington District of Columbia

Union Market development, Washington District of Columbia


Union Market development, Washington District of Columbia











Tuesday, November 13, 2012

Onward, Upward for Mega-development in Pentagon City

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Arlington is set to gain more height as Kettler moves forward on the Acadia, a 19-story residential building in Pentagon City.  Construction on the Acadia has already begun, according to Virginia-based Kettler.   The building, located at 575 12th St. South in Arlington, is the latest project to break ground in Kettler's mixed-use mega-development called Metropolitan Park.

The Acadia, Rendering: Kettler
A LEED Silver-designed building, the 677,154 s.f. Acadia will include 433 residential units, 16,350 s.f. of ground floor retail and three below-grade parking levels.  The granite and limestone skinned building also will have a gym, a cafe, a business center, and other amenities including a pet grooming room and an innfinity edge, saltwater rooftop pool. Dorsky Yue International (DYI) is the project architect.

When completed, the eight-stage, planned unit development (PUD) will include ten buildings, a nearly historic size when added together. Architect Robert A.M. Stern is the master planner for the grandiose project, which developer Kettler describes as a "16-acre urban village in Pentagon City."  Work on the project, which has already delivered the 300-plus residential buildings The Gramercy and The Millennium, marks the continued upward development of this land at the nexus of Crystal City, Pentagon City, and Pentagon Row.  The Acadia will make a triad out of the duo of mega-buildings already on the site, which also includes a park and is bounded by 12th, 15th, Eads, and South Fern Streets.

The Acadia, Image: Kettler website
The Gramercy was completed in 2008 and the Millennium in 2010.  The planned development will be the largest of its kind in the DC area and, step by step, is replacing the parking lots and six warehouses that once occupied the site.  Kettler bought the 11 acres of land for phase 1 through 3 of the project from Vornado in 2007 for $104.4 million.  Vornado is another developer and the firm behind many recent development in Arlington, including what will be the tallest building in Crystal City.

 Kettler this week announced KBR Building Group as the general contractor.

“KBR Building Group’s commitment to providing quality construction services is affirmed as we begin work on the third phase of this important mixed-use development,” a press release quoted Mike Sloan, executive vice president, as saying. “Having collaborated with the project’s developer, Kettler, since the inception of this project, we will continue to manage this project to the utmost standards as KBR Building Group progresses towards completion of Metropolitan Park.”

Arlington VA, real estate development news

Tuesday, November 29, 2011

Mount Vernon Triangle's Critical Mass

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Mount Vernon Triangle may soon be a bit crowded. The small neighborhood, tightly encircled by L'Enfant's avenues, has been struggling for years to develop a critical mass of development, a moment that may now be at hand.

If all the projects currently in the pipeline for the neighborhood are built, Mount Vernon Triangle will more than double its square footage of office space, add 1,570 apartments/condos and 380 hotel rooms, and increase retail offerings by 157,500 s.f. Despite its shortcomings - no Metro stop, convention center, or arena within its borders, it can claim close proximity to each, a fact that continues to fuel development.

Case in point: two new projects by The Wilkes Company and Quadrangle, with preliminary designs by Hartman-Cox, and targeting a 2012 start date for construction: 400 K (300,000 s.f. office space, 12,500 s.f. retail) and 300 K (500,000 s.f. office space, 25,000 s.f. retail - pictured at left). Both are part of the larger Mount Vernon Place development that started with a pair of condominiums. Two additional buildings by Wilkes and Quadrangle are also in the works for the area: 440 K (planned as a 234-unit apartment with ground-floor retail, but that could turn into office space) and 255 H Street, a 400-unit apartment building.

Numerous other large developers have projects on the boards - Steuart, MRP Realty, Bozzuto, The Donohoe Companies, Kettler, and Equity Residential - but few have pulled the trigger just yet, and Bill McLeod, executive director of the Mount Vernon Triangle Community Improvement District said those who don't take action soon, "will end up missing out." McLeod, who has been with the MVTCID - created by Mayoral Order in 2004 - for the past five years, added that investors have been paying attention to the area of late.

Equity also hopes to start construction next year on the 170-unit apartment and historic restoration project "Eye Street Lofts", originally a vision of local Walnut Street Development that was iced in 2007. Equity - the largest publicly traded owner and operator of multifamily apartment complexes in the U.S. - bought the land fully entitled a few months ago. Equity will go before the Board of Zoning Adjustment on December 13th. With the area designated as a historic district in 2001, the project received HPRB approval in 2006 (as pictured below) to restore two circa 1880, 3-story townhomes, a 2-story garage/ warehouse, and a small former blacksmith shop in the alley. The building currently leased by BicycleSPACE will be razed.

Nearly a decade after Mount Vernon Triangle was first targeted for redevelopment by the Office of Planning and ten major property owners in the area in 2002, existing apartments are 96-percent leased, condos are sold out, 230,000 s.f. of office space is leased at 455 Massachusetts Avenue and, notes McLeod, only the top floor of the 392,000-s.f. office at 425 Eye Street needs a tenant.

The Meridian, at 425 L Street, a 390-unit apartment developed by Steuart Investments and Paradigm, is now under construction. The topping out of the 14th (and final) story occurred this past September, the project will begin leasing soon and should complete by next June. Phase II of the project will be a 300-unit apartment located next door at 400 New York Avenue.

Next in the queue in Mount Vernon Triangle is Kettler's $80 million, 13-story, 233-unit apartment with 7,000 s.f. of street level retail at 450 K Street (pictured right), under construction next spring and delivering in 2014.

Of great interest to those invested in the area is the timeline of the K Street Streetscape Improvement, the contract of which is currently being finalized by DDOT. The 18- month infrastructure project should be underway early next year, said McLeod, resulting in a mid-2013 completion date.

The long-anticipated $9m reconstruction of K Street between 7th Street and 3rd Street will bring new paving, sidewalks, streetlights, and plantings. Streetcars are also in K Street's future, though the District's focus is currently on funding other legs first, i.e. the H Street Corridor.

Driving much of the current wave of development regionally is the gradually opening financing spigot and Washington D.C.'s perch on the top of the national real estate market. But Mt. Vernon Triangle has something else more rare in downtown DC: empty space. The Downtown Business Improvement District (BID) notes that only about 5 million s.f. of unbuilt space remains available downtown, 2.5m of that at CityCenter and 2m of that above the Center Leg Freeway. That leaves the equivalent of only a few office buildings that could be built downtown before growth has to expand outward, and Mt. Vernon is the nearest spot.

Yet if all projects currently in the pipeline are realized, Mount Vernon Triangle will max out its 600-room hotel capacity, reach 93-percent of its residential capacity (4,250 units), 87-percent of its office space capacity (3 million s.f.), and 84-percent of its retail space capacity (335,000 s.f.). Of the 380 hotel rooms planned for the area, 350 of them are contained in what was once one of the most talked about projects for the triangle, "The Arts at 5th and I" a mixed-use development on the corner of 5th and Eye Street, still considered a "top tier" priority by Mayor Gray.

Donohoe and Holland Development won the right to develop the site in September of 2008, but couldn’t finance the project (pictured below) in the face of the recession. This fall, Deputy Mayor Victor Hoskins visited the ANC with a scaled-back, 250,000-s.f. building with two side-by-side hotels, one a 150 room boutique hotel and the other a 200 room extended stay offering 350 rooms above 10,000 s.f. of street-level retail.

In April, it was announced that art in the form of the Liberty North Community Market would be coming soon to the site. The market arrived this fall, and with no plans to begin construction within the next year-and-a-half, the market's vendors have the 2012 growing season to get comfortable.

Donohoe has yet to visit the DC Council for approval its plan, which includes a 99-year ground lease from the District, something that may happen in the next "two to three months," said Jad Donohoe, after which 12 to 14 months will be taken to flesh out the design by Shalom Baranes, complete the construction documents, get permits, and secure financing.

Yet another project is less certain. It will require a 30,000-s.f. floorplate over I-395 between K and New York Avenue to build a 10-story, 1.7 million-square-foot Washington Global Trade Center with a sleek, open-clam-shell globe design (to the right), a development that has been proclaimed a long shot.

Washington D.C. real estate development news

Monday, April 04, 2011

Douglas' 450 K Street in Final Design Phase for January Groundbreaking

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On March 24, the Historic Preservation Review Board (HPRB) gave the go-ahead (with a few reservations) to Douglas Development's plans to build out 450 K Street N.W., a 13 story, 250 unit development in Mount Vernon Triangle. The finished project will be managed by Kettler.

R2L Architects Principal Tom Lenar said designs for the facade are being finalized to address HPRB concerns over a west end wall that is not as deep as the modestly sized adjoining buildings.

The HPRB report advised that "while this is not problematic in itself, it does suggest that that west wall need not be 'sculpted' and complicated by the division of the three window bays into separate columns at different planes...a more straightforward approach, as on the east end, would be better."

The organization also requested recessed, more traditional balconies as opposed to steel suspended ones which HPRB deemed "out of character with a historic district," though Mt. Vernon Triangle has far more numerous parking lots and newer towers than historic properties. Lenar said he expected the design changes will be reviewed by HPRB by the end of the month.

Other design features embraced by HPRB are the 5,000 s.f. of ground floor retail and the "modified C plan" which allows for outdoor space and more sunlight into the building. Amenities include a cyber cafe, fitness center, roof deck, and pool. Lenar said the developers are hoping for a January 2012 groundbreaking for a project that's projected to span 18 to 20 months.

Washington, D.C. real estate development news

Tuesday, March 02, 2010

Grammercy at Metropolitan Park Apartments

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Grammercy at Metropolitan Park, 550 14th Rd., Arlington VA
A Kettler property, the Grammercy at Metropolitan Park is an 18-story, 399 unit apartment building in the Pentagon City section of Arlington. A funky (but in a good way) lobby sets the tone for the building's common areas. Interior designs include mission-style cabinets, granite countertops, stainless appliances, cultured marble vanities. One of numerous "Metropolitan" projects by Kettler, the building has a rooftop pool, computer center, conference room, fitness center, billiards room, in-unit washer/dryer and theater room. Architecturally different from nearby Crystal City, the building was designed by WDG Architecture of DC with master planning by Robert A. M. Stern. Parking is available to rent, but the building is only a (long) block from the Pentagon City Metro station. Part of what is easily the largest development project in the DC area, Kettler demolished numerous warehouses and filled in empty parking lots for an 8-phase project (the Grammercy was Phase 2) that is bringing Pentagon City from desolate to high-density with as many as 3200 residential units when fully built. Construction began in 2005 and completed in late 2007; Kettler purchased the land from Vornado.

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Monday, March 01, 2010

Midtown Bethesda North Condos

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Washington DC commercial real estateMidtown Bethesda North , a 20-story building with 250 condos, started real estate sales in the mid $300k's, 2 beds from the low $500k's to $1m, prices that were later lowered. Condos at Midtown occupy the 6th to the 19th floor; the first 5 floors contain the parking garage in Washington DC commercial real estatean architecturally layered building to distinguish the non-residential component. Two blocks - about a 10-12 minute walk - from the Twinbrook Metro at the corner of Bou and Chapman. Occupancy of the building began in April, 2007. Features include Hansgrohe fixtures, a 24-hour front desk, "concierge" service, gas stoves and on-site hotel suites for visitors. Developed by Kettler, which built a number of similar projects in the DC suburbs (all ironically called Midtown), designed by Dorsky Hodgson Parrish Yue Architects (DHPY), interior design consulting by WDG Architecture. Bovis Lend Lease was the contractor for 450,000 s.f. project. Midtown Bethesda North is located between Twinbrook and White Flint, surrounded by strip malls and at least some promised development, but for now remains the only high-rise in the immediate area in a sea of surface parking lots just off the Pike; a neighborhood not made to travel by foot but slow to get around by car.

Washington DC metro real estate news

Monday, July 27, 2009

Pentagon City Project Gets Restacked

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Pentagon City's mega mixed-use project will get a mix-up to help it move forward. The Arlington County Board has approved a reallocation of density between two parcels in Pentagon City for stages 4-8 of the 8-phase Metropolitan Park. Originally slotted for 300 hotel units and 930 residential units (for Parcels 3 and 1D, respectively), the Board reallocation means the developers will have flexibility in determining where to build the 930 residential units and 300 hotel rooms. VNO Pentagon Plaza LLC previously received approval from the Arlington County Planning Commission in June. After the Board's July 11th approval, the process of drafting a site plan begins.

The two parcels in question are held by Vornado, which would sell the remaining portion of Parcel 3 to Kettler for the realization of Metropolitan Park's next stages. Vornado previously sold the part of Parcel 3, where phases 1-3, stand to Kettler. When Metropolitan Park's design guidelines were set in 2004, it called for 3,212 residential units on Parcel 3. The Pentagon City Phased Development Site Plan shortchanged Kettler, allotting 2,282 residential units and 300 hotel units. Through a little bit of density reallocation magic, Kettler can now have it's 3,212 residential units (2,282 + 930 = 3,212). That leaves Vornado with 300 hotel rooms to use, or not, on Parcel 1D, assuming the Metropolitan uses all 930 allocated residential units remaining.

The first stage of the massive development is bounded by 12th, 15th, Eads, and South Fern Streets. The Gramercy, pictured above, is a luxury rental high-rise building from Phase 1.

Friday, April 03, 2009

The Millennium Arrives in Pentagon City

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General contractors BE&K Building Group will top out construction today on Kettler’s 21-story Millennium at Metropolitan Park project – the second installment of what is planned to be an ambitious 8-phase, 10-building development in Pentagon City. The project’s first component, the 399-unit Gramercy, opened in 2006.

Once completed in April 2010, the Dorsky Hodgson Parrish Yue-designed building will feature 300 rental apartments with high-end amenities including “a rooftop pool, spa, fitness center and party room,” in addition to a first floor library and business center. More than 7,500 square feet of ground floor retail space will round the initial construction. Work on a “central park planned to serve residents of the entire Metropolitan Park complex” will begin in the project’s next phase – which Kettler’s Jamie Gorski told DCmud in February is currently scheduled to go to ground later on in 2010 with a late 2012 delivery.

Friday, March 06, 2009

Midtown Silver Spring Bides its Time

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The long-delayed Midtown Silver Spring is again moving forward, at least in its planning, this time with Home Properties, following an early 2008 sale by the original developers, Kettler. Despite the change of hands, Home Properties is still pursuing the same WDG design for 1009 Ripley Street – one that aims to deliver two towers worth of residential and retail to the Silver Spring Central Business District. Don Hogue of Home Properties tells DCmud that though the project was fully approved by the Montgomery County Planning Board, they’re biding their time until they get it just right.

"We have final site plan approval, but we have to take it all the way through construction drawings," said Hogue. "One of the things that the Planning Board commented to us was that maybe we had a little bit too much parking. It was designed as a condominium [project], so we may be altering that…but we’re still in the very early stages.”

The original WDG plans for the Midtown – which Home will rebrand with a new title once the project moves forward – call for 314 apartments in dual, 19-story luxury high-rises and 5,380 square feet of retail space. Hogue projects that once construction begins it will be the second such project on the block, as the Washington Property Company is currently soliciting general contractors for their Ripley residential development across the street. As such, a start date for the Midtown currently remains up in the air.
“We hope to start the remainder of the architectural work this year. The goal would be to get the project ready to start when we think market conditions are right, but we’re not exactly sure when that’s going to be,” said Hogue. Nor does anyone else.

Wednesday, February 04, 2009

Pentagon City Phase III

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For the past five decades, Pentagon City has been primarily known for...well, not much other than its namesake. McLean-based developer Kettler, however, has been aiming to change that with their ambitious 8-phase, 10-building Metropolitan Park development – a project set to rank a solid second behind the world's largest office building in terms of size and scope. The first of those phases, the 399-unit Gramercy, opened its doors in 2006; the second, the 300-unit Millennium, is now under construction and on track to deliver in 2010. Now, wheels are turning on the project's third entry, which will head back before the Arlington County Planning Commission and County Board on February 9th for final site plan approval. Conveniently, they’re among the few plans in Pentagon City that aren’t top secret.
Designed by architects Dorsky Hodgson Parrish Yue, the untitled Phase III development will include 411 rental residential units, along with 16,350 square feet of ground floor retail – making it Metropolitan Park’s biggest entry so far. The 18-story edifice will stand on a 2-acre parcel at the southeastern corner of South Fern Street and 12th Street South, just steps from the Pentagon City Metro. The site currently houses two warehouses servicing DHL Express and Danker Furniture.
Amenities planned for the residential high-rise include a fitness center, plus a rooftop pool on the building’s sixth story wing. Per the green-centric tone of Northern Virginia development these days, Metropolitan Park III will also shoot for a LEED certification and three green roof areas, ranging in size from 1,740 to 2,000 square feet.

Pentagon City's infrastructure is also due for an upgrade as the project nears completion. Kettler intends to divide their “superblock” of development up with extensions of 12th, Elm and South Fair Streets, and a pedestrian passageway linking South Fern and South Fair Streets. A 1/3 acre public park is also planned, featuring the works of landscape architects Lewis Scully Gionet and possibly a public arts component.

At present, Kettler projects little or no difficulty in getting their third installment Metropolitan Park through next month's site plan hearing. "We had an original master plan penned by Robert AM Sterns for the entire development. There were guidelines within that and we've followed them closely," said Jamie Gorski, Senior Vice President and Chief Communications Officer for Kettler. "Our internal meetings [regarding the project's future] have gone very well." According to Gorksi, construction is currently slated to begin in 2010, with completion following in late 2012.

Friday, September 05, 2008

Ripley District Inching Towards Reality

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The first domino in Silver Spring's bid to create its' own boutique neighborhood - the so-called Ripley District - is finally falling into place. Formerly home to a derelict strip of parking garages and auto body shops, demolition has begun to make way for the Lessard Group-designed 1050 Ripley Street high-rise. Concepts for the mixed-use, 17-story tower have been bandied since 2006, but the developer behind the project, Washington Planning Company, is now shooting to break ground this coming fall (although a BID for contractors has yet to be issued). The project is currently slated for a late 2010 delivery.

The Ripley District is defined as the triangular parcel of downtown Silver Spring between Bonifant Street, Georgia Avenue and the B & O Railroad. 1050 Ripley marks the first major construction project within the district’s borders since 1993 and is to be the centerpiece of the forthcoming district. A Washington Planning Company press release illuminated some previously unknown but anticipated details about the 306,114 square foot apartment and retail center, including the inclusion of “a state-of-the-art fitness center and pool, a stadium-style movie room, billiards lounge, rooftop terrace, as well as an underground parking garage.”

While 1050 Ripley is certainly biggest thing headed to the neighborhood-in-training, it is by no means the only development underway to invigorate the area. According to the Silver Spring Central Business District Sector Plan released earlier this year, key touchstones of the Ripley District also include the Paul S. Sarbanes Transit Center and Metropolitan Branch Trail, which will begin in a new Ripley District plaza and run for 8 miles before ending at Union Station.

The plans on hand also call for the addition of more pedestrian and vehicular access to the Metro and the extension and/or widening of several thoroughfares, including Dixon Avenue and Ripley Street itself. Virginia developer Kettler had shuttered their own proposal for another high-rise residential and retail facility on Ripley Street. That project - the Midtown Silver Spring - has not gone forward, despite receiving preliminary approval.

For some, the slow gestation of the Ripley District is taking too much time. Pyramid Atlantic, a local print artisan, recently moved their storefront from the Ripley area to more high-visibility space on Wayne Avenue. It remains to be seen whether rebranding a once unappealing area – ala “North Bethesda” (Rockville) and the "Atlas District” (H Street NE) - will sink or swim as a marketing strategy for Silver Spring’s next emerging neighborhood.

Wednesday, June 04, 2008

Crystal City Goes Metropolitan

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Dorsky Parish Hodgson Yue, Kettler, Metropolitan Park, Pentagon City, Vornado, Arlington, HOKWhile DC developers boast of the number of cranes in their neighborhood, Arlington residents are becoming more Metropolitan by far. At least in name, anyway, as Kettler moves into the next phase of its mega real estate project that borders Crystal City, Pentagon City, and Pentagon Row. The behemoth project has already delivered two 300-plus unit residential buildings, The Metropolitan at Pentagon City and The Metropolitan at Pentagon Row, in 2002 and 2005, a feat that would have earned satisfaction enough for many serious developers. But now Kettler continues to work on the remaining eight phases - 10 buildings - on 19.6 acres of real estate within eyesight of the District. The whole site is bounded by 12th, 15th, Eads, and South Fern Streets. The next of the remaining eight phases, The Millennium at Metropolitan Park, will include 300 rental apartments and 8,100 s.f. of retail, potentially with a restaurant. 

The goal of the project was to contribute to the "vertical communities" in the area, a response to the demand for luxury apartment housing in transit-friendly areas and a contribution to the towering architecture of Crystal and Pentagon City residential developments - a Virginia-style Co-Op City. Kettler had been leasing the land from Vornado, and purchased the first eleven acres in Pentagon City in May 2007 for $104.4 million. Kettler will eventually pay $220.4 million for the entire soon-to-be shadow-casting site. Currently on the lot is The Gramercy (Phase I), six warehouses for demolition, and a lot of empty space.Dorsky Hodgson Parrish Yue, Kettler, Metropolitan Park, Pentagon City, Vornado, Arlington, HOK "With the projected job growth in Arlington, there is current and future demand for housing in communities with high-end finishes and amenities as well as existing neighborhood-serving retail projects,” said Cassie Cataline, Vice President of Communications for Kettler. The nineteen-story "luxury" building referred to as a "signature project" for the developer was designed by HOK architects and Cleveland-based Dorsky Hodgson Parrish Yue and will deliver in winter 2009, bringing with it the majority of a 2.5 acre park the eight buildings will eventually surround. The 300 foot long Millennium building will face the park and have a three-story glass lobby to allow those on the other side of the building to glimpse the park. "The goal for the second phase was to make it compatible, but distinct and more contemporary. It has a unique position because it faces the park directly rather than being perpendicular to it like the other buildings," said Sandy Silverman, Partner for the project at Dorsky Hodgson Parrish Yue. "Met Two fits in in the sense that it has similar masonry materials and color pallet, but it's cleaner, simpler. The development is like the Battery Park City complex, it's a community but it has a large-scale guideline to bring it together," Silverman said. The name of phase three has yet to be determined - long shot, but we're guessing it will be "The Metropolitan" - it will also reach nineteen stories with rental apartments and retail, this time 410 units and 16,000 s.f., respectively. Also designed by Dorsky Hodgson Parrish Yue, delivery is scheduled for spring 2011. 

Phases four through eight will bring an additional 1,000-2,000 residential units, but because their delivery is so far in the future, the developers will let the market determine the unit types, whether they be apartments, condominiums, or hotels. Design on phase four will begin next year and it will be another ten to fifteen years before we see the final phase. What's with the repetitive names? "It’s about branding and marketing and building a strong identity for our high-end urban apartment series," Cataline said. The Gramercy at Metropolitan Park, part one of the eight, is a retail and residential eighteen- story building that opened in October 2007. The building included 399 rental apartments as well as 11,000 s.f. of retail space. “This location is served by two metro stations (Crystal City and Pentagon City), VRE and National airport as well as potential ferry service; it is at the convergence of virtually every major commuter route into Washington, DC.,” said Cataline.

Arlington Virginia commercial real estate news

 

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