Celebrating NoMa

The NoMa BID annual meeting tonight will bring together residents, decision makers and business leaders to celebrate progress and unveil new plans for the coming year including a new approach to parks.

So just how are things going? "Fabulously. Things are amazing," says NoMa BID President Robin-Eve Jasper.

According to the Broker Roadshow Book released this month, the BID has $4 billion in assessed value this year with another $1 billion under construction. There were 380,000 s.f. of private sector space leased in the last year. Twenty restaurants and shops opened in the last three years. New residents signed leases for 1,200 apartments, and another 2,200 units are under construction.

First + M

"I think we reached a point where people are feeling confident about the neighborhood," Jasper said. "It’s building on itself now."

NoMa BID reports a 17 percent increase in average household income since 2010. Jasper said that increase helps coax stores and restaurants to come into the area.

More residents soon will call NoMa home as Archstone's First + M apartments prepare to welcome tenants. The leasing office opened this week, and Jasper said the first residents are expected in June.

With all of those new residents, the neighborhood will need parks. Jasper said a "public realm vision" will be unveiled at the annual meeting. Without giving away all the secrets, she did say that the vision considers how people use parks to create the most useful spaces.

Construction also continues in NoMa. Two new projects are neck-and-neck in the race for being next in the ground: JBG Companies' Hyatt Place Hotel at the planned Capital Square site and MRP Realty's residential building at the planned Washington Gateway site.

Capital Square

JBG says it plans to break ground on the 200-room hotel this summer. It will be completed next year.







A spokeswoman for MRP said permits are still in progress, but the project is on track to start work this summer.

Several projects started construction in the past year, including Trammell Crow's Sentinel Square office project and Stonebridge's third building at Constitution Square.

And there still is more to come in the already booming area that exceeded initial expectations.

Jasper said that initial estimates were about $1 billion investment and 15,000 jobs, but says that today there are 45,000 jobs just in the NoMa BID. "All the right pieces were there, the right people to push to make things happen," she said, adding that the plans were not too restrictive or directive with planning and regulation. "And it enabled the private sector to come in and do what it does best."

"The vision that I have, for what it’s worth, is that in the next few years you start to feel this gravity and cohesion in the neighborhood generally where...there’s a vibrant commercial spine in the area of 1st street, and there’s a great feeling and sense of community in all of the adjacent neighborhoods," she said. "And if you go several streets out -- to all the row houses and apartment buildings --that people feel they’re all part of it. That this whole part of town becomes an area that has its own gravity."

Washington, D.C., real estate development news

Today in Pictures - Florida Rock

Just below Nationals Stadium, Patriot Transportation Holding Inc. and DC-based Midatlantic Realty Partners LLC, (MRP) began demolishing the concrete plant to make way for RiverFront on the Anacostia, 1.1 million s.f. of residential, office, retail and public access to the riverfront. Construction is expected to begin in 2013.




Washington D.C. real estate development news. Photos courtesy Rey Lopez.

Riverfront Area South of the Ballpark: Out With the Old, Nothing New Until 2013

Just south of the Nationals stadium, one of the last remnants of the area's industrial past will soon fall, making way for 1.1 million s.f. of residential, office, retail and public access to the riverfront. Despite the progress, the wait time for new apartments, condos, restaurants, shops and water features continues to increase, with construction likely pushed back to 2013, at least.

The development team behind the long imagined mixed-use RiverFront on the Anacostia, located along the unit block of Potomac Avenue, SE, in the Capitol Riverfront area, asserts that the project is moving forward, albeit slowly due to the decision to deliver a residential building in the first phase, and not office space, as the PUD currently allows.

David deVilliers, president of Florida Rock Properties, the project developer and wholly owned subsidiary of land owner Patriot Transportation Holding Inc., confirmed that the first phase switch - announced this summer - is still being pursued, and that an informal process is currently ongoing in order to prepare a formal filing with the Office of Zoning to rezone the PUD in the "next 30 to 60 days."

deVilliers said he hopes Zoning will be "quick" to approve the request, but he is realistic about the time required to pursue the market-driven change. After approval, if granted, construction drawings will take approximately 9 months, followed by the several-month-long permitting process, resulting in construction likely to begin in 2013.

Meanwhile, the defunct concrete plant - Florida Rock - currently on site will be razed in the coming months. Activity at the plant wound down in mid-September, and a raze permit was issued last week, allowing demolition to begin, to be followed by environmental remediation.

In the year-long interim, the site could be used for something, but just what remains to be seen. Ted Skirbunt with the Capitol Riverfront BID acknowledged that while there probably won’t be any use before next summer, the BID has, and continues, to discuss potential uses with MRP and FRP.

Coinciding with the July announcement of the rezoning pursuit, was disclosure that local Midatlantic Realty Partners LLC, (MRP), founded by Fred Rothmeijer, came on board to partner with Florida Rock Properties on the stalled development, bringing with it $4.5 million in capital. Due to previous difficulty securing financing for the project - conception of which dates back to the '90s - the PUD was given a two-year time extension in 2009.

deVillers added that the partnership with MRP, under the leadership of Rothmiejer, is going well and the team is "fully engaged" in the project and committed to moving forward with the rezoning process, soon.

Washington D.C. real estate development news

MRP to Begin Phase One of Washington Gateway in NoMa

MRP Realty will soon move forward with a long- awaited three-phase, 1-million-sf mixed-use project on 3 acres in northern NoMa. Matthew Robinson, Senior VP of MRP, says the $360-million project known as Washington Gateway will break ground before the end of the year, with the first phase residential and retail. The project has been planned since at least 2006, with several near starts over the past 5 years.

At the intersection of Florida and New York Avenue, NE, the Washington Gateway development team will seek financing on a rolling basis. As for now, the team is focused solely on phase one: 400 units of residential in an 11-story building with 5,200 sf of retail.

In terms of getting the first phase off the ground, all seems to be in line for MRP. An equity partner is in place, construction loans are in the works, construction (sheeting/shoring/excavation) permits have been applied for, and a building permit will be filed at the end of September, according to Robinson. One year into construction, MRP plans to start phase two, which will consist entirely of office space. Further down the road, phase three will consist of office space and a retail component.

Nearly 1 million square feet of built area in all, the three-building project consists of approximately 350,000 sf of residential, 600,000 sf of office, and 12,200 sf of retail. The original plan called for significantly less residential space - 260 units versus 400 - with the space going to a 181-room hotel - a component that was scratched due to changing market needs as perceived by the development team.

Robinson says that getting rid of the hotel component, "makes the residential building better. The additional space allows for greater residential amenities [in the form of] increased shared spaces, [including] an extensive 3,700 square foot club room, and two-story fitness center." A rooftop pool and lounge area will offer "Capitol dome views," adds Robinson.

The 11-story residential building was designed by SK&I, and will be built under general contractor Davis Construction. Construction, if underway before the end of the year, should be complete within the next two years. The two 11-story office buildings, to be included in phase two and three, were designed by Gensler. And although the same height, the grade on site varies by about 40', confirms Robinson, creating a height variation optical illusion.

The overall design of the whole Washington Gateway project is a hollowed-out glassy triangle (labeled number 3 on the map to the left), offering an inner triangle of public space, accessible by an opening on Florida Avenue. All retail will front Florida Ave; retail tenants are being pursued, though phase one will be built on spec. Retail will most likely include "neighborhood serving retail," says Robinson, including sidewalk cafes.

Also a part of the development will be a widening, and repaving of the sidewalks along both Florida and New York Avenues. New trees and street furnishings will be added, and landscape architecture design will be the work of Oculus.

"It's exciting right now in NoMa," says Robinson. Washington Gateway will be followed by Camden Property Trust's 60 L Street, NE (1 & II), located just east of the new NPR headquarters currently under construction. Camden's 60 L Street will become NoMa's largest residential building, with 730 units, if it goes through as planned.

Mill Creek Residential's NoMa West, the largest single-phase residential project in NoMa to date includes 603 apartments with a single retail store. Located north of the FedEx building (just north of Washington Gateway) the Mill Creek project broke ground in March, and aims to finish in the spring of 2014.

Several other projects with substantial residential and office space are planned for the NoMa BID, including the Bristol Group's NoMa Station (II - IV), a follow-up to One NoMa Station (400,000 sf office, and 5,000 sf retail) next door at 131 M Street. NoMa Station II-IV is a massive mixed use project to front 1st Street between M and L Streets, NE, made up of: 700,000 sf office, 50,000 sf retail, and 700 residential units.

8/30 correction: 350,000 s.f. of residential, not 290,000 s.f.

Washington D.C. real estate development news

Alexandria to Beef Up Potomac Yard

A committee convened by City Manager James K. Hartmann is sponsoring a public meeting tomorrow concerning the further redevelopment of the Potomac Yard segment of Alexandria. Redevelopment is currently being considered for three portions of the area, Landbays I and J and Landbay G (see map, at right), with other projects interspersed throughout the sprawling 24-acre stretch of land just west of the river for which it was named.

The Potomac Yard Planning Advisory Group (PYPAG) envisions Landbays I & J as the future home of 679 units of housing, 275,000 square feet of office space and 25,000 square feet of retail. A proposal penned by Potomac Yard Development (PYD) - which seeks “227 townhouse and urban loft units with neighborhood parks interspersed” - is currently under review and will go before the Alexandria Planning Commission and City Council by spring 2009. PYD had initially petitioned for 330 units on the site.

Landbay G is under the control of developer MRP Realty, which has proposed 414 residential units in two multi-family buildings, 800,000 square feet of office space, 80,000 square feet of retail, and 625 hotel rooms “in two hotel buildings” (possibly a Hyatt) on the 13-acre parcel. That makes for a total 9 new buildings for the site, ranging in height from 52 to 110 feet, plus an open town plaza. A decision on MRP’s proposal is also expected in early 2009.

These dual redevelopment efforts have been coupled with several smaller, more centrally located projects that are either currently underway or well into the planning stages. Potomac Greens, which is 85% complete, will feature 227 residential units surrounded by preserved wetlands. The Greens is also under consideration as the site of a future Metro stop.

Another PYD project in the area, the Potomac Yard Fire Station is also well into the build-out phase of its $7 million redevelopment. Once completed, it will feature 60 units of affordable housing above a brand-new fire station, 168,000 square feet of office space and 91,000 feet of open recreational space.

Plans on hand also call for the easternmost portion of Potomac Yard, Landbay K, to be reconfigured into a public park that will feature "70% passive recreation" (open lawns and plazas) and "30% active recreation" (basketball and tennis courts, trails, playgrounds, etc.). A dog park and pedestrian bridge will round out the pedestrian-friendly flourishes at other points in the development.

The Planning Commission's “work session on Potomac Yard applications” is being held this coming Thursday, November 6^th at 6 PM within City Hall’s Council Chambers. Seeing as Planning Commission Chair Eric Wagner also heads up the PYPAG, this should be excellent forum for interested residents to voice questions. A separate, aesthetically-related review board, the Potomac Yard Design Advisory Committee, is holding another public forum on Wednesday, November 12^th at 7:30 PM in City Hall’s Sister Cities Conference Room.

Industry Insight: MRP's Ryan Wade

MRP Realty has developed more than 17 million square feet of land in the District of Columbia and has roughly 5 million square feet of proposed development in progress. With such volumes of development in the pipeline comes a keen and watchful eye on the market. On behalf of MRP, Ryan Wade, one of the firm's founding principals, gave DCMUD an exclusive look at the inner workings of his firm. He shared a little bit of their insight, gave us their read on the pulse of the market and talked strategy on beating out the competition when the times are a-changin'. 

DCMUD: So to start off, what made you enter the real estate development business? 

Wade: Good question. My family was in real estate. My father worked for Northwestern Mutual, and then actually had his own firm, so I guess I grew up in the business. And then, coming out of school (Carolina), I always knew I wanted to be in real estate. My brother is in the business and works with us. It's just a great business in DC too - it's a good social business. You can make a lot of money. But it's more than that; I think it's a good culture. 

DCMUD: What about leaving Trammell Crow, how did that happen? Wade: Crow had some of the best culture in the business, or has some of the best culture and people in the business. I had a great four years at Crow, working closely with Bob Murphy, Fred Rothmeijer who's with us, and Chris Roth who is still there. We just had a great opportunity with good partners and pretty good capital relationships. It was just a fortunate time in the market where we could actually do it and pull it off. DC MUD: 

Are there differences between the way things were run over at Trammell Crow and the way you do things over here? 

Wade: I think it's very similar. We have the open floor plan, where there's a bullpen. It's very open, very collaborative. I think decisions are made very quickly. I think they were in that environment, and I think they are here. We’re doing pretty much the same thing. We've teamed up with capital partners, with Rockpoint Group out of Boston, Mass Mutual, Brookdale Group, who we've done business with before. So it's just a different jersey. 

DCMUD: So on to Gateway, what attracted you to that site? 

Wade: We've done a lot of assemblage. We've purchased a lot of land in DC starting in the CBD, a lot in the East End, in the Mount Vernon Triangle. We've always been very fortunate controlling land in DC. Especially if you have a long time horizon. So look at just the height limits in DC, it pushes development east. That's the next market there, in Southeast. We've missed Southeast. We don't have any down there. DC MUD: So most developments in NoMa are office space, for the most part. Why did you add a residential component? Wade: The primary reason is we looked at how we could get the most product going at the same time, to create a sense of place, bring retail, and get it out of the ground. So we're going to build the office building, hotel, and the residential building, which is 80 percent of the overall development, in phase one. It allowed us to move into more phasing than a small office building. You can't build a million feet, all office, on day one. But we can with multiple property types. It also brings a sense of place and creates the environment. DC MUD: So the phasing is important to the 'sense of place?' Wade: If you have a million square feet of office, you'd build phase one for the office, and then you'd wait for the lease on the office. Whereas we're essentially going to build phase one and phase two at the same time. The ground is worth more as office, but marginally more, and waiting the extra couple of years is worth it to get it going. And also, going back to the sense of place, and having a hotel on site and mix of uses, it's pretty important. We have about 10,000 s.f. of retail here. The problem with NoMa right now, is it's not finished and doesn't have the retail. DC MUD: So how do you make decisions on what's worth developing? Wade: I think we're pretty focused, we're pretty good at buying land and understanding where the value is. We're pretty good at entitlements. We've been in every jurisdiction so we know what we're getting done, and we have a pretty good sense of the market. It's experience with the markets, and knowing what we can and cannot get done within the jurisdictions. We also focus pretty heavily around transportation solutions. For example, in Loudon, we bought a site that has just come to fruition. In our Tyson's project deal, we actually donated land to the HOT lanes Consortium. So they're going to put HOT (Hight Occupancy Toll) lanes literally right into our project. DC MUD: What do you look most for in architecture? Wade: We spend a little bit more in the buildings than some of our competitors. We try to build the top end of the market. If you look at our Tysons building, it's going to be the best building in northern Virginia. It's going to be over the top, trophy quality, the best that Virginia has seen. And I think you'll see that in Washington Gateway. You'll see a high quality design. So we just need to make sure if we deliver in the wrong market, that we have a great product. DC MUD: Can you talk a little bit about some of your upcoming projects, like the Tyson’s project (7940 Jones Branch Drive)?

Wade: It's going to be the best building in northern Virginia. It has a curtain wall design. We'll bring in a top quality chef which we should be able to announce in the next few months. We are going to have more amenities than anybody in the Tysons market, with fitness, concierge, conference facilities, cafes, full service restaurant, the whole nine yards - floor to ceiling glass. Because of its location and design, its presence should be pretty significant.

DC MUD: What about the Courthouse site (pictured below)?

Wade: Yeah 1310 North Courthouse, it's on Courthouse Road, good visibility from Route 50. We just bought it. We're completely renovating it, gutting the entire thing. We’ll have new lobbies, new bathrooms, new elevator cabs, new plaza. We completely changed (the first floor layout) to bring in a fitness operator. We're just going to completely change the inside of the building. DC MUD: And Potomac Yard? Wade: We're in the entitlement process now, working with Alexandria. We have 1.8 million s.f. total, 400 residential units, 800,000 s.f. of office, 600 hotel rooms, and about 200,000 s.f. of retail, with an emphasis on food services and entertainment amenities to really create a town center. We haven't programmed it, but we're going to have a major theme in the open space,like Reston has with the ice skating rink. DC MUD: What do you think is the most important aspect in developing a successful project? Wade: I think high quality, and probably the right real estate, the right area and location - and also team. One of the benefits is, back to being able to work with anybody, that we can pick the best people to work with on each individual project. DC MUD: What affords you that luxury? Wade: The fact that we don't have any in-house services. We're pure developers. We don't have management, we don't have leasing, we don't have sales, or finance. DC MUD: Last one- which part of DC's development process would you like to see changed? Wade: I just think it would be great to change the process for DC in literally any jurisdiction just to make it more efficient. It just takes a very long time to get anything approved. It's a very difficult predevelopment, entitlement process. But on the flip side, it's also the benefit, because it makes it difficult to do, so you don't have as much supply once you actually get through the process. Alexandria's probably the hardest. DC is, we've always found it to be fair. We've gotten through with what we needed to get through.

Gateway On Its Way

MRP Realty is about to finish the design phase for their long awaited Washington Gateway project located at the corner of New York and Florida Avenues in NE, on the northern edge of NoMa. The 1 million-s.f. project will cost an estimated $350 million to construct, and sit atop the New York Avenue metro station. MRP closed on the purchase of the land from Greenebaum & Rose Associates in August of ’07. Designs are now 80% complete with only interior refinements remaining. The bidding phase and excavation applications will follow, with ground breaking expected in the third quarter of this year.

The project will consist of three buildings, two of which will be office towers. The northern tower - the tallest in the NoMa and Capitol area - will have about 415,000 s.f. of office space. Its sister tower to the south will have roughly 210,000 s.f. The taller building caused MRP a setback in December of 2006 when the National Capital Planning Commission objected to its height, an attribute at least in part caused by a 40 foot height difference between New York and Florida Avenues. The Zoning Commission overrode their objection (yes, they can do that) and made the final approval in February of 2007, deciding to measure the building's height from New York Avenue, although the foundation for the building will be poured on the Florida Avenue level. This allows MRP an extra three stories, making the Washington Gateway more visible to those entering NoMa from New York Avenue - a rare coup for height in our two-dimensional city.

The opposite side of the site features a "T" shaped building, housing a 180-room hotel and a 260-unit apartment tower, of which 8% of the units will be reserved for affordable housing. The rental units will feature 'condo level' finishes like granite counter tops and undermount sinks. A public central plaza will connect each building.

Washington Gateway will also give commuters and residents easy access to the New York Avenue Metro and the Metropolitan Branch Bike Trail. The three-story glass Bicycle Atrium will provide bike storage, lockers, refreshments, trail and neighborhood maps, and an automated bike pump.

MRP is teaming up with Gensler Architecture as master planner and designer of the commercial office buildings. SK&I Architectural Design Group is working on the residential building and hotel while Oculus is planning the plaza and streetscape design.

According to Gensler's Michael Patrick, Washington Gateway "extends the urban grid of NoMA from the south into what was an abandoned and isolated eyesore, and creates a great urban space in a plaza with first class materials."

"The residential building cantilevers an energetic volume of triangular glass which will capture and frame the view for those eastbound on either Avenue. The residential tower and south office building create a ceremonial entry from NoMA, with the office building's plaza facade articulated in high detail of stone, glass and metal to set the tone for the Class A office space inside," Patrick added.

Completion of Washington Gateway is expected in the fall of 2010.

Uline Arena to Get the Douglas Touch

The has-been Uline Arena is once more, thanks to Douglas Development. The old skating rink, located at the corner of 2nd & M Streets, NE, adjacent to the Amtrak lines, seems to have been used for just about everything, but as we reported last year, developer Douglas Jemal of Douglas Development purchased the property back in 2004 with the intention of making it a thoroughly modern mixed-used facility, including condos and office space. Now the Washington Business Journal reports that Jemal has teamed up with the Wilkes Company to develop the area. Wilkes owns the land on the north side of M, and the two will apparently work in concert to develop the properties. Wilkes is the midst of redeveloping a sizable chunk of Mt. Vernon Triangle, with Madrigal Lofts, The Sonata (now complete), and Mount Carmel all on its resume.

Jemal, love him or hate him, has been the force and inspiration behind much of DC's development, including Cleveland Park and Penn Quarter, and most notably the new Convention Center. Counting cranes in the area may soon become hard to do, with the new Marriott scheduled for construction soon, the recent groundbreaking of Union Place at 1st and K, MRP's $350m Washington Gateway project at the intersection of New York and Florida, Constitution Square on 1st Street, the New Yorker going in soon one block south of the Uline Arena, and of course the massive would-be development of the Florida Avenue market and Burnham Place, Akridge's long-term plan to build above the tracks north of Union Station.

Washington Gateway Project Images, Details

One of the more exciting proposed projects to hit the New York Avenue NE corridor the past year is MRP Realty’s Washington Gateway project, a $350 million development to be located in the NoMa section of Washington, just above the New York Avenue metro station at the southeast corner of New York and Florida Avenues NE, now the location of an abandoned lot and gas station (which will be going out of business in March). And MRP Realty has now provided us exclusive images and information about this anticipated project. Earlier this month, the DC Zoning Commission granted Final Action approval to MRP Realty’s plan for this 1 million-sf, mixed-use project, which will feature two office towers (600,000 sf of office space total), plus a T-shaped structure, with one side containing a 180-room hotel and the other side a 250-unit residential tower (with 8% reserved for affordable housing). 

MRP will also reconfigure, widen, and upgrade the walking areas along New York and Florida Avenues to enhance pedestrian access and safety, and also include new plantings and furnishings. In addition, sidewalk cafes and shops are planned for these thoroughfares. The project will also provide a direct connection to the metro through the Metropolitan Branch Trail via a three-story atrium. There will also be a public central plaza with cobblestones, benches, and a fountain, and will feature bicycle racks and a bicycle pump station. The architect for the office towers will be Gensler, with SK&I handing the residential and hotel tower. Land and streetscaping will be designed by Occulus. MRP expects to break ground in early 2008, with completion scheduled for early 2010. See the Washington Gateway site plan and more images of the project.  MRP Realty was created in 2005 by former Trammel Crow executives, and is quickly rising in the Washington metro developer scene, with over 2.25 million sf under development and another 3 million sf of development in the pipeline. Speaking with dcmud, Jonathan Lischke, MRP Vice President, stated that “[w]e are very excited about the project as Washington Gateway combines elegant and sophisticated urban architecture with sustainable design and smart growth. The buildings will be a combination of glass, metal, and pre-cast; incorporate green elements; and encourage pedestrian and bicycle use through proximity to metro and the Metropolitan Branch Trail. As one of the tallest projects in the District, Washington Gateway will not only have views of the Capitol Building but it will also be highly visible as a gateway to NoMa and downtown DC.”

Washington DC commercial real estate news

Two New Hotels to Join Development of New York Avenue NE

Once described many years ago by a local alternative paper as "The Devil's Bowling Alley" for its long stretch of dilapidated auto lots and boarded-up buildings, things are beginning to look up for New York Avenue NE. The latest news is that the joint venture of Rocks Engineering Co. and SharCon Hotel Management & Development Co. is moving forward on its development of side-by-side hotels next to the National Arboretum at the southeast intersection of New York Avenue and Bladensburg Road in the Ivy City neighborhood. The hotels will both be five-story structures, with one being a 126-room Fairfield Inn & Suites and the other a 125-unit Holiday Inn Express Hotel & Suites. The hotels take the place of the old, now-demolished Travelodge Hotel (pictured, officially at 1917 Bladensburg Rd NE). Both hotels are expected to be ready for occupancy in early 2008.

The developers are banking on not only the 80,000 vehicles that pass the intersection each day, but also the other major developments planned for New York Avenue NE. The projects (as have been reported in past dcmud postings) include: Abdo Development's $1 billion mixed-use "Gateway" redevelopment project of 17 acres on the north side of the Bladensburg intersection into almost 4,000 residential units, green space, and a grocery (delivery after 2009); MRP Realty’s "Washington Gateway" project, a $350 million, 150-room hotel and 250-unit residential tower development to be located along New York and Florida Avenues NE (2010 occupancy); and New Town Development LLC’s $1 billion redevelopment of the 24-acre Florida Avenue Market, located between New York and Florida Avenues NE, into 1,700 residential units and 330,000 sf of retail, restaurant, and merchandising space.

Washington Gateway Project Ready to Get Going

In late December, the DC Zoning Commission approved MRP Realty’s plan for its Washington Gateway project, a $350 million development to be located in the NoMa section of Washington, just north of the New York Avenue metro station along New York and Florida Avenues NE. The 1 million-sf, mixed-use project (pictured) is expected to feature two office towers, plus a T-shaped structure, with one side containing a 150-room hotel and the other side a 250-unit residential tower (with 8% reserved for affordable housing). MRP (created in 2005 by former Trammel Crow executives) will also reconfigure the walking areas along New York and Florida Avenues to improve pedestrian access and safety, and also include new plantings and shops along these routes. The architect for the office towers will be Gensler, with SK&I handing the residential and hotel tower. Land and streetscaping will be designed by Occulus. MRP expects to break ground in late 2007, with completion scheduled for early 2010.

MRP Realty to Build Mixed-Use Development Near New York Avenue Metro

MRP Realty, the new development company recently formed by ex-Trammell Crow executives, appears ready to close on land at the intersection of Florida and New Your Avenues in NoMa, and hopes to break ground on its planned 950,000-sf mixed-use project by the end of this year. The development, next to the New York Avenue metro, is expected to consist of two office buildings, a hotel, and some residential housing (though the number of units is not yet known). With this intersection also featuring the new ATF building and a slew of other new residential and commercial projects, the MRP development will join a busy crossroads.