Tuesday, December 14, 2010
National Harbor To Get 350-Unit Apartment Building
Labels: Bozzuto, Peterson companies, Prince George's County
National Harbor, which will eventually feature 10 million s.f. of development programming if Peterson's ambitious plans are left unhampered by any future market meltdowns, already contains a whopping six hotels, two marinas, three condo buildings, and a slowly growing number of shops and restaurants. The new apartment building is proposed for the intersection of American Way and Fleet Street, catty-corner from a new CVS and Potomac Gourmet Market, both set to open their doors within 120 days, according to last week's press release. Even more action is on the way, with a 500-room, 15-acre Disney resort hotel project promised by the entertainment conglomerate in 2009, the 140,000-square-foot Children's Museum expected to break ground next year, and the return of Cirque du Soleil in 2012. The apartment building will be LEED certified and will include the standard throng of amenities, a pool, fitness center, cyber cafe, billiards room, media room, and one wild card feature, a "Zen garden" (sounds mysterious, and also a little cheesy).
For those who wonder what kind of soulless creatures would seek shelter in a cookie-cutter concrete jungle so vanilla and seemingly void of authenticity; first, lose the self-righteousness and nauseating alliteration, and second, you're apparently not alone. Residential population remains only around 500, with condo sales slow after a fast start out of the gate in 2007. However, swaths of convention-goers keeps the area feeling busy.
By no means a full-blown, sell-out hit, the development has, however, had slow but steady improvement and a strange cult following, as well as a heavy influx of visiting shoppers and diners arriving in the summertime. But National Harbor is not without its detractors. Despite the myriad of freeways within reach, and a couple water-taxi services, Smart Growth advocates have cited the limited mass transit options as a significant flaw in the development, and a Metro stop doesn't look to be arriving any time soon. Furthermore, cuts in local public busing budgets have angered Prince George's County residents, all while the County has subsidized a new bus line shuttling tourists and Harbor residents between the Green Line's Branch Avenue and the Harbor's convention center.
While it might not be the most environmentally-friendly operation, or beacon of smart-growth development innovation, it's hard to argue with the market, as the project continues to line up a healthy list of big-name suitors, pack its convention center and hotels with corporate conferences, as well as keep residential sales relatively steady.
Prince George's County, MD Real Estate Development News
Monday, March 29, 2010
Camp Springs Eternal
Labels: Archstone, Branch Avenue Metro Station, Prince George's County
In 2008, Archstone secured approval for a massive 19-acre mixed-use development, the Town Center at Camp Springs. The Town Center plans called for 801 rental apartments and 65,359 s.f. of retail to attract young professionals and employees of several nearby federal facilities. Though groundbreaking was supposed to begin this past fall, like so many projects, the Town Center remains another undeveloped Metro site, another victim of the times.
Peter Jakel, a Communications Manager for Archstone, told DCMud, "the project is planned for a future construction start, but we have not yet established a definite start date." An all-too-familiar chorus for a promising metro-oriented development.
In 2008, Archstone Senior Vice President Rob Seldin described his project as a sort of tipping point for the County, that drawing in young professionals and their entrepreneurial spirit would mean jobs and a new tax base. Seldin explained that, historically, "in PG County, it is typically very difficult to have housing approved, so really, what's been happening is these highly educated, highly skilled, highly compensated workers have been systematically disenfranchised, so they go to Arlington." The horror. Camp Springs would, according to Seldin, offer the same Arlington appeal to the young professional demographic and draw them into Prince George's County. But now that many college-educated, potential-homebuying, young professionals are unemployed and living at home, the Town Center at Camp Springs target market has dwindled.
The project, when begun, will deliver in three phases. Ideally, the first phase will offer 416 units, a 7,000 s.f. private club house with pool, followed by the second phase with similar amenities and 385 units. Phase three will be the retail space, all designed by The Preston Partnership, LLC. What year this will happen, no one seems willing to guess.
Other nearby metro-centric projects have fared better. Metropolitan Development's Metroplace at Town Center, situated between Auth Way and Suitland Parkway, began leasing its 397 rental units in 2006, and report being 92% leased. Across from Metroplace are two more residential projects, Chelsea Way and Tribeca, both developed by Wood Partners. Without the added value of retail from Town Center, however, Camp Springs will continue to be relegated to the category of sprawl rather than high-density metro-oriented development.
Prince George's County real estate and development news
Wednesday, March 24, 2010
The Giant Mess of Greenbelt Station
Labels: Greenbelt, Lessard Group, Metro, Prince George's County, Pulte Homes, SK and I Architects, WMATA
Greenbelt Station is the brainchild of the Washington Metropolitan Area Transit Authority (WMATA) and the late A.H. Smith Jr. whose estate still owns most of the land that hugs the beltway just south of where I-95 blends into the beltway.
It was Smith's father who first began mining the land around the (then) rail road tracks in 1916 and created the asphalt plants that supplied the I-495 portion of the Capitol Beltway the raw materials that built it.
In 1996, WMATA announced that it would be redeveloping its part of the land adjacent to the Metro. Smith Jr. approached Metro about combining their efforts and creating a ginormous, high-density, townhouse and shopping development. Lessard Architectural Group was brought in to create a site plan, showing the nuts and bolts of how the separately-owned portions of the development could link together. And with that, the ill-fated Greenbelt Development was born.
For his part of the project, Smith took on a partner, developer Daniel Colton. Together they formed GB Development to develop the South Core and, until 2007, their townhouse/retail/multi-family residential project seemed to be on track for a 2008 groundbreaking. But then things got messy.
The development was supposed to be the apotheosis of a from-scratch, mixed-use community, with retail, entertainment, office space, hotel, and literally thousands of new homes in the heart of Prince George's County.
Designed by SK&I, the 240-acre parcel was to be split between a South Core of Pulte Homes townhouses and a North Core consisting of 2.3 million s.f. of office and retail space, plus 2,200 new homes. Built between neighborhoods where pickup trucks populate the driveways of unassuming one-story homes, and where there is no architecture to speak of, the development would replace a large mining operation still in use, a large surface parking lot, and at least some of the forested hills - with died-in-the-wool neocontemporary suburbanism at a Metro station.
But then everything that could go wrong, did. And today Greenbelt Station finds itself tangled in news of bankruptcy, allegations of fraud, dissolving partnerships, and inaction. Assistant Planning Director for the City of Greenbelt, Terri Hruby, tells DCMud that as far as she knows, the Smith portion of the development is "basically on hold," adding that to date "what's been approved has been a concept plan and one portion of the townhouse site plan. Another plan has been submitted, but hasn't gone anywhere."
In the northern part of Smith's parcel, Urban Design Supervisor Steve Adams, from the Prince George's County Planning Department, says that his department has "heard through the grapevine now and then about various commercial enterprises that might be trying to get something going in the northern part," but adds skeptically that, "nothing has come in to date."Hruby speculates that "with the financial times being what they are," it's unlikely movement is going to happen in any part of the development any time soon and says that "there are still over-arching issues the developer needs to address." Like how to get someone to finance a gargantuan new suburban development project, for instance.
Bottom line: It's unclear if the developers even have the financing they need to move forward and they won't be getting a green light from planners unless they can make assurances that they are financially viable enough to follow through with road improvements and other existing land covenants.
This all brings us to the question: Who's developing this mixed-use masterpiece, anyway? On paper at least, the developer for the Smith parcel is Metropark LLC. But who are the entities behind Metropark? That's a question that leaves even city and county planning officials scratching their heads.
In December of 2007, Smith died at the age of 74, leaving the project jointly in the hands of his estate and with his business partner, Daniel Colton.
According to a 2008, WUSA News 9 Now report, Patrick Ricker, a developer working with Colton on the Greenbelt Station development, became the subject of an FBI raid aimed at high-level officials with ties to fancy development contracts. That same report revealed that Colton had once served time in prison for bank fraud and that the Greenbelt Station Development itself had also become part of the FBI's investigation.
After the fallout, Colton filed for bankruptcy in 2009, severed his ties to the project, and left the community at large even more exasperated and confused.
Hruby can tell us that original partner in the townhouse project south of the tracks, Pulte Homes, is now officially out of the project, but says that "there have been several town home developers and I don't know who the current players are."
Edward J. Murphy, Town Administrator for the adjacent Berwyn Heights community responded in much the same way, saying that as far as their town planners know, "the developer for the entire Smith project hasn't changed," but "the people that run the development have."
Murphy was equally fuzzy on details about who's now running Metropark LLC, which is not so surprising when you take into account that since 2006, at least nine different partners and LLC's have been cited as partners in the joint Smith-Metro Greenbelt Station project.
Now it's time for some more bad news: the saga over the Smith family parcel is matched on the WMATA land, where developers are suing Metro for backing out on an agreement that would have allowed Greenbelt Ventures the rights to develop the Greenbelt Station Towne Centre.
For its part, WMATA representatives have failed to respond to DCMud's inquiries into where its part of the development stands now. When a public agency won't return your phone call about very public project, assume the worst.
Tuesday, March 23, 2010
Four Years Later, Arts District at Hyattsville Chugs Along
Labels: EYA, Hyattsville, Lessard Group, Prince George's County, StreetSense
The $200 million Arts District is a new, 25-acre residential neighborhood off of Route 1 in PG County (a.k.a. Rhode Island Avenue in D.C.), just two miles from the District border and two miles from the University of Maryland. Jack McLaurin, a Principal at Lessard Group architects, said his firm tried to create a "depot main street architecture" for the project, hearkening back to old railroad towns, since a railroad line runs along the property. Lessard "tried to funk it up" to make the new project look like "someone had come in and revitalized an area that had been there for a long time." Faux adaptive reuse?
The project is delivering in two phases: the West and East Villages (i.e. East or West of Route 1). The West Village includes 132 townhouses, 10 of which are live-work space for artists, and the rehabilitated Lustine showroom, which serves as a community center with an art gallery and gym. Aakash Thakkar, a Vice President at EYA, said 102 of the residential units are settled, most are built, and the team "hopes to have it sold and completed by the end of 2010." To put it in perspective, sales began on the West Village in 2006.
The East Village will include 41,000 s.f. retail, 275 multi-family units and 183 townhouses. The project originally was to have fewer multi-family units, but EYA recently received approval from the Prince George's County Planning Board to add an additional 198 units in one, four-story building and to reduce by 21 the number of townhouses. Thakkar said at this time EYA has not decided whether the multi-family units will be rental or condos and that construction on the three buildings will not begin until early next year. The townhouses, however, should start sales as early as this April, with construction set to begin in the 3rd quarter of this year.
McLaurin said the West Village has more of an art deco feel than the updated design for the East village, where the team simplified the design to reduce costs. "No vinyl siding" the architect assured DCMud, but "we tried to work with interesting color combination with the brick and hardie panel." The multi-family buildings are broken up to look like a series of taller townhouses, and to keep with the depot idea, the multi-family buildings have space for ground floor retail or artists work spaces, with "larger window patterns" and "doors on ground level units." McLaurin said he wanted to create a "distinct" feel, so that people would know they were not in "anywhere U.S.A."
Guy Silverman, Managing Principal at StreetSense, said his company is the majority owner on the retail, but has been working closely with EYA so that the two developers are "very aligned...in terms of how we envision the Arts District." Silverman said this will be the first location for both Yes! Organic Market and Busboys and Poets and that the choice of Hyattsville "speaks volumes" about the project and the developers' efforts to create an urban neighborhood feel. Tara Thai is also signed on, bringing the total spoken-for retail space to 60%. StreetSense is now looking tenants like a yoga studio, a drop off dry cleaners, a small spa or maybe even an organic pet food store to fill the remaining space.
Hyattsville real estate development news
Wednesday, June 17, 2009
Purple Line Vote Affirms Maryland "Rail on the Trail"
Labels: Bethesda, chevy chase, Coalition for Smart Growth, Metro, Prince George's County, Purple Line, Washington Area Bicyclists Association
Trail supporters lobbed various critiques at the Purple Line prior to the vote, including claims that it would make the area unsafe for schoolchildren, lead to the deforestation of Bethesda’s last remaining green space and the system will amount to little more than a “two billion dollar trolley line.” Others reasoned that the planned location of the Purple Line’s Bethesda depot at Woodmont East is too far away from the Metro, the National Institutes of Health and the soon-to-be relocated Walter Reed Army Medical Center to have any impact on traffic in the area. Anti-light rail advocates instead proffered that the NCTPB should endorse rapid bus service from Bethesda to Silver Spring as the Purple Line’s preferred mode of transport.
“Some of my constituents in Chevy Chase will advocate…bus rapid transit on Jones Bridge Road - [an alternative that] is not supported by the residents of Jones Bridge Road,” said Montgomery County Councilmember and Purple Line Now! founder, George Leventhal. “The difficulty that we have in proposing an alternative that is preferred by both counties, and that is likely to be endorsed imminently by Governor O’Malley, is that anywhere you try to move this transitway, you encounter other problems…This alternative, which is included in our master plan and has been endorsed by both counties, is indeed the right transitway for our congested, urban, inside-the-Beltway corridor.”
Leventhal went onto to point out that his county initially acquired the Capital Crescent Trail for the express purpose of having both a “recreational hiker/biker trail” and future transit line at the same site.
“There would not be a trail today had not Montgomery County, back in 1990, acquired that right-of-way for the purpose of building what is now called the Purple Line,” he said.
Though some area organizations- most notably the Bethesda Civic Coalition's Save the Trail campaign, which collected some 18,000 signatures in support of their cause – opposed the plan, the majority of testimony submitted to the NCTPB was overwhelmingly favorable. With an estimated daily ridership of between 42,000 and 46,000, many believe that the “Rail on the Trail” will provide a crucial east-west link between Montgomery and Prince George’s Counties, resulting in an economic boom for outlying communities and a more efficient Metro system. Even frequent trail users spoke out in support of the plan, illustrating just how multifaceted the Purple Line debate had become.
“The media, unfortunately, portrays the issue of the Purple Line as black and white. You either support the Capital Crescent Trail or you support the Purple Line, but not both. That’s not the case with WABA,” said the cyclist organization's Executive Director, Eric Gilliand. “When finally constructed, the Purple Line will include a direct bike-ped link with the Silver Spring Transit Center, where it will eventually link with the Metropolitan Branch Trail coming out of DC. This is a critical bike/pedestrian transit project that must move forward.”
With NCTPB approval now in hand, the Purple Line’s next stop is with Maryland governor Martin O’Malley, who is expected to endorse the light-rail option and announce a timetable for construction by year’s end. In the meantime, NIMBYs on the other side of the Potomac can get ready for another Metro-centric debate now that plans for a proposed Silver Line, running from downtown Washington to Dulles Airport, are being openly discussed.
Wednesday, May 06, 2009
Planned Community for PG County Line
Labels: Clark Realty, MNCPPC, Prince George's County
Bounded by Sandy Spring, Greentree and Old Gunpowder Roads, the so-called Fairland Community will bring 365 homes, a community center, public open space, "an extensive trail system," and a new, 11-acre elementary school site intended to divert students from currently overcrowded Burtonsville Elementary. A dramatic metamorphosis from its genesis as a golf-centered townhouse community, the project will include 46 moderately priced dwelling units of affordable townhouse and duplex residences, according to Lisa S. Schwarz, Senior Planning Specialist for the Montgomery County Department of Housing and Community Affairs. The rest of the homes on site will be detached, single-family units, to be built in three phases.
The history of the development dates back to 2004, when it was first approved by the Planning Board with a plan calling for a golf course and 400 homes on the Montgomery side of the county line. Despite support from area residents and inroads on a proposed land swap with Montgomery County for construction of the golf course, the project’s encroachment into a neighboring jurisdiction led to a veto from the Prince George’s County Council. With the developer getting a mulligan for the golf plan, tomorrow’s hearing concerns Artery’s recently amended, links-free development scheme; Planning Board staff have already lent their approval to the proposal - a move usually indicative of an impending green light from the Board itself.
The Fairland Community is precisely the kind of large-scale development Artery typically pursues in the metro area's far-outlying suburbs. In conjunction with Clark Capital Realty, they were responsible for The Pinnacle, a $55 million, 328-unit garden apartment complex in Germantown. The developer is also currently working on Arora Hills, another 1330-unit “neo-traditional” planned community in Clarksburg, with Beazer Homes and NVR.
Monday, April 13, 2009
Homes Near the Pros in Capitol Heights
Tuesday, December 23, 2008
Purple Line Panel Says Light Rail
Labels: Bethesda, MNCPPC, Prince George's County, Purple Line
The staff decision comes after a review of a preliminary Environmental Impact Statement concerning the Purple Line and its effect on the neighboring trails. Included in the short three-page document is an outline for trail infrastructural improvements, such as a connection to Rock Creek Park, improved road crossings, retaining walls and signage, pedestrian safety measures and even the construction of a new, biker-friendly public plaza at the Line’s proposed Woodmont East terminus.
The Purple Line’s next stop is a hearing with Planning Board itself on January 8th, where, according to today’s report, four separate votes will be cast: one reaffirming support for LRT, a second for “alignment and design options,” a third to be included in the Final Environmental Impact Statement, and a fourth concerning “further actions for the Montgomery County government.”
The Transportation, Infrastructure, Energy and Environment Committee will then hear arguments from both sides of the matter on January 22nd. Both panels are expected to also fall in favor of LRT – a method of transport that already counts Montgomery County Executive Isiah Legget and the Prince George’s County Council among its many supporters, as well as trail advocates Montgomery Bicycle Advocates and Coalition for the Capitol Crescent Trail, and environmentalist Sierra Club. Maryland Governor Martin O’Malley has yet to publicly confirm his support for LRT, but is expected to make a definitive statement in the coming months. At present, the projected cost of implementing the Purple Line is roughly $1.2 billion.
Washington DC commercial real estate news
Monday, July 14, 2008
Branching Out in Prince George's County
Labels: Andrews Air Force Base, Archstone-Smith, Branch Avenue Metro Station, Prince George's County
What is their goal? "Humans," said Archstone-Smith Senior Vice President, Rob Seldin. "There's a lot to it. We're trying to take what is now a disaggregated series of different uses and put them together and use our project as a mechanism to create a community."
Seldin said the majority of Archstone apartment residents are between the ages of 25 and 36 and have at least a bachelor's degree. "We have about 85,000 units with 240,000 residents throughout the US. If Archstone was a city, it would be the wealthiest, most highly educated city in the US. We are very focused and targeted on expanding our brand within that demographic segment of the population."
While the Camp Springs project is still in the planning stage, according to the detailed site plan, it will be completed in three phases. Phase one will deliver 416 units, a 7,000 s.f. private club house, and a pool. Phase two will follow suit with similar amenities and 385 units. Phase three will be the retail space. The project will offer over 1,500 parking spaces for residents and shoppers at completion.
Seldin said the town center may even bring more jobs to PG County and that one of the things that drew the developer to the site was its proximity to not only Branch Avenue, but also Andrew's Air Force Base with 22,000 employees and the Suitland Federal Center with 9,500 employees.
"You have a very high concentration of reasonably highly compensated and educated employees working there, and no great place for them to choose to live. For us, this was an opportunity to give these people a chance to live where they work. It's difficult to create housing anywhere, in PG County, it is typically very difficult to have housing approved, so really, what's been happening is these highly educated, highly skilled, highly compensated workers have been systematically disenfranchised, so they go to Arlington, because they welcome them. Arlington knows that these people are great residents, everything good flows from an influx of successful young people. That was our market concept for what we think we would like the Branch Avenue are to expand into," said Seldin.
"If we can begin to recast this location as where this demographic can live, it will help foster entrepreneurial opportunities because office space is inexpensive there," he added.
The developer will finish its purchase of the now-vacant land from a private owner after the project receives all necessary approvals. Seldin said Archstone-Smith hopes to break ground in fall 2009. The Preston Partnership, LLC is the architectural team through entitlement; their portfolio includes the Alexan Dunn Loring in Falls Church and the Ketlands in Gaithersburg.
Sunday, June 01, 2008
Andrews Air Force Base BRACing for Growth
Labels: Andrews Air Force Base, BRAC, Prince George's County
Andrews Air Force Base is part of the 2005 national BRAC (Base Closure and Realignment Commission) process that was used by the Department of Defense to streamline operations and reorganize bases to increase operational readiness, taking the strategic decisions out of the hands of provincial legislators. The BRAC program handed a net increase of personnel to Andrews, and the county is making plans to benefit from that increase.
At Andrews, BRAC will create 800 new military positions that will be in place by January of 2011. According to James Estepp, Director of Operations, Greater Prince George's Business Roundtable and the Andrews Business & Community Alliance, the realignment will lead to a net increase of 3,000 military and civilian assigned jobs. ABCA is a group of members of the surrounding business, community-service, and faith-based organizations who work to support "the mission at Andrews Air Force Base while fostering successful economic and community relations."
ABCA plans for a development to surround the base as the increase in personnel begins, including over 5 million s.f. of office space, 2 million s.f. of retail, and over 15,000 residential units to accommodate the population increase caused by the new employees, their families, and the additional businesses drawn to the area. The base proper is 5,000 acres, the land around it is owned by multiple individuals and corporations, a coordinated development effort of all the land is not yet assured.
“Our original idea was a vision and we are working on increasing our membership (in the alliance) to make that vision happen. There will be multiple developers in play because of the land, where it is, and how it is owned. We are talking about 5,000 acres. We are certainly drumming up support,” Estepp said.
He added that there would not be any major steps forward within the year because of the BRAC time frame. “BRAC isn’t law until 2011, so federal, state and local politicians will not be under pressure to move until closer to the deadline.”
Maryland Gov. Martin O’Malley has authorized the creation of state “BRAC zones” for which areas in Maryland can apply to get matching state funds for infrastructure work around military bases. According to Estepp, this benefits the Alliance's plans as it provides incentives to the county for infrastructure for businesses moving near the base. The municipality would apply for such a zone.
Andrews is bound by Route 4, Branch Avenue, Old Alexandria Ferry Road and Allentown Road. Part of the Alliance’s plan involves extending Metro’s Green Line to the base.
Both Anne Arundel and Montgomery Counties are involved in the BRAC processes, moving jobs to Fort Meade and the National Naval Medical Center in Bethesda.
Wednesday, June 20, 2007
Greenbelt Station Transformation
Labels: Greenbelt, Prince George's County, Pulte Homes, RCP Development, SK and I Architects
Replacing what is now a concrete plant and the existing Metro Station parking facility, the development will be pedestrian-friendly with wide sidewalks, landscaping, and benches throughout. The New York Times’ coverage of the development said the project would also offer community amenities such as ball fields, a pool, and a community center.
The development would include a variety of housing options; RCP is planning a 4-story, 378-unit multi-family housing community that will contain either apartments or condominiums at its completion. RCP’s portion will also include 80,000 s.f. ground floor retail with above grade, above-grade structured parking. Pulte homes will be constructing town homes, while Fairfield Residential is planning additional apartments. A hotel is also a possibility for the development.
According to Martin Klingel, Vice President of Development at RCP, his company has not yet submitted for its detailed site plan approval, but will within the next month. He said site plan approval could take up to a year, with construction likely to take another two years beyond that point.