Groundbreaking for Georgia Avenue CVS

Groundbreakings are never quite as exciting as officials or the press want them to be. Really they are an opportunity to get dress shoes dirty, make a few speeches and wait months for something to replace the ceremonious dirt. Today's groundbreaking at a CVS in Parkview/Petworth Community met all the aforementioned expectations, but DCMud attended, just in case something unexpected happened. Nothing did. That said, the fulfillment of promised retail for a community long underserved is certainly something to note and a welcome sign of progress for neighbors. The CVS is the first step in a line of promised retail on the Georgia Avenue Corridor. The lot in question is at the intersection of Georgia Avenue and New Hampshire Avenue NW, across from Donatelli's Park Place and diagonal from the Georgia Avenue Metro. The space sits just on the border of Wards 1 and 4 and will serve the communities there. The site once was home to a gas station that closed in the early 90's and the lot sat vacant until 2000 when a real estate developer proposed a plan for a 10-story residential tower. According to Robb LaKritz, the community and the city disliked the project so much that it eventually died. In 2007 LaKritz Adler purchased the property and began the long process of working with the community, where Principal and Managing Partner Robb LaKritz lives, to pursue the type of retail the area needed. There was one major obstacle the developer had to work through with the city - the soil of the former gas station was deemed contaminated by health officials. But with some finessing and consideration for the type of tenant the developer was pursuing, LaKritz Adler and city officials were able to obtain approval for development and secure CVS as the tenant. The 11,000 s.f. site is smaller than a typical CVS, which are usually 14,000 to 15,00 s.f. The Georgia Avenue CVS will also include a mezzanine to accommodate more space on a second floor. Construction, not yet begun, is expected to wrap up mid-2010. The project was made possible partly through a $2 million Georgia Avenue Great Streets Grant from the District, which spends approximately one-fifth of its $10 million budget for the area. The grant will be financed through TIF bonds, which make the District a development partner of sorts creating an added value for the lot in order to secure additional private financing. The TIF bond will be financed through the sales tax revenue generated by the new CVS and will expire after 25 years or when the taxes revenue fulfill the financial obligations. So, the Mayor shoveled some rocks as he lead Councilmembers Graham and Bowser with the cheer of "1-2-3, New CVS!" Get excited.

Washington DC commercial property news

Brookland and Abdo Getting Closer to New Development

Abdo Development's plans for a section of the Catholic University of America (CUA) were given a hearing this week, following up on its October review before the Zoning Commission for amendment to CUA's campus plan. The sizable mixed-use project is planned for 8.9 acres of land on the CUA South Campus, on either side of Monroe Street between Michigan Avenue and the Brookland Metro. The hearing set the stage for final approval come December, and, assuming PUD approval, the developer expects to begin construction in 2011. In May of 2008 Abdo beat out a group of competitors including EYA, Monument Realty and Trammell Crow for the right to purchase the land from CUA and develop it. Though the purchase is not finalized, Abdo is under contract to purchase the property prior to the start of construction. The development team is seeking a flexibile approval for a residential development that would constitute anywhere from 725 to 825 units in what is proposed as 4 multi-family buildings with room for 80,000 s.f. of ground floor retail space with an FAR of 2.37. Of that 8%, or 63,000 s.f., will be affordable at 80% AMI. The plans also include 45 single-family homes, ranging between 3 and 4 stories with 2 to 4 bedrooms. The PUD application also contemplates a 3,000 s.f. "Arts Flex" building to serve as a community meeting area with space for art shows, recitals, and well, any other artsy undertaking. The development team plans to build for some type of LEED certification. The Arts feature of the Abdo project will likely be the first phase executed once construction begins. The plan includes an arts walk to serve as a pedestrian connection from Monroe Street to the metro station. On either side of the arts walk will be one multi-family building split into two wings, joined below grade by a parking garage. The ground floor of the building will include 27 artists studios to frame the pedestrian walkway. Work space will feature glass roll-up doors that artists can open during fair weather and weekends to engage the public and invite them into the studios. The feel, according to Abdo Vice President Toby Millman, will be something of a mix between Alexandria's Torpedo Factory and DC's Eastern Market. In addition to the ground floor work spaces, the nearby Arts Flex building was designed to reflect an "old warehouse style," given its proximity to the railroad tracks. The multi-family homes will be built with a mixture of masonry and pre-cast stone and, though originally planned at eight stories each, the buildings will reach only six stories in order to comply with the Brookland/CUA Small Area Plan developed during Abdo's planning process. One structure will only reach four stories in response to requests for reduced height or scale from community members living in neighboring single family homes on Lawrence Street. Millman described the architecture, a combination of designs from both Torti Gallas and Maurice Walters, as bridging the styles between the 100-year old CUA collegiate gothic and Brookland neighborhood's arts and crafts style. During one Commission meeting, Commissioner May critiqued the design saying the design "doesn't need to be so overtly historic" and that "it just seems a little odd." In the end, though, the overall design did not run into many hiccups with the community, largely due to adherence with initial recommendations for use, size and design in the small area plan. Millman said one of the goals of the design was to take Monroe Street - which he described as "not very active or interesting right now" and to turn it into "a vibrant retail main street." Developers were adamant during their hearing and in conversations with this publication that the retail they seek is community-serving; big boxes need not apply. Millman envisions a "vibrant, eclectic college town type atmosphere" with bike shops, sidewalk cafes and bookshops to serve both the college and neighborhood. 

Washington DC commercial real estate news

Metro West - Urbanity on Hold

It has been heralded by green organizations across the country as "the answer to urban sprawl" - an urban village complete with more than 2200 new residences, fountains, cafes and over 100,000 s.f. of the all-important, ground-floor retail, concentrated around a Metro station as an outlet to relieve pressure for expansion outside of Washington DC.

When Pulte Homes' 56-acre Metro West development is finally completed, it will concentrate residences and offices south of the Vienna-Fairfax-GMU Metro Station, north of Route 29, and usher in a new era of "smart growth." That is, if it ever gets built.

The idea for Metro West first debuted in 2001, but it was March of 2006 before Fairfax County approved plans for up to 2,248 residential units and 300,000 s.f. of office space between Lee Highway and Saintsbury Drive; outside the beltway but still on a metro line.

"It took too many years trying to get it approved," laments Stewart Schwartz, Executive Director for the Coalition for Smarter Growth. In 2003, Schwartz's group began lending support to the project as it passed through Fairfax County's Proffer System. He credits green organizations like the Sierra Club, FairGrowth and his own for spurring a "turning point" with the Board of Supervisors, who began to see "a transit-oriented development as a green solution" that would help to make Fairfax and other Northern Virginia neighborhoods feel more connected to one another.

In light of the 2006 zoning approvals, an announcement appeared on the Metro West web site declaring that construction would begin in 2007. The bulletin still adds that "the first townhouse and condominium units could be ready for occupancy by the middle of 2008."

But three years after making that announcement, Pulte Homes Corporate Communications Manager, Eric Younan, tells DCMud that no sale dates have been set, and his office "doesn't have a date for when they're going to build [Metro West] at this time." There is nothing new to report "that's not on our web site," reiterates Younan.

So, will Metro West ever come to achieve its potential?

Mike Wing from the Fairfax County Department of Planning Zoning is optimistic, assuring that Metro West "is moving forward with the permitting process and working with the VDOT," but that these discussions "take time."

Pulte Homes' former Northern Virginia land acquisitions head, Stan Settle, takes a different perspective. In 2005, Settle battled with everyone from angry neighbors to then-US Congressman Thomas M. Davis of Virginia to win the right to raze 69 single-family homes so that Metro West could be realized.

But Settle says a lot has changed since then. In 2009, Pulte merged with Centex Corporation, becoming the largest home builder in America. Settle was let go from the company after the merger, and has since formed his own land company. Although no longer involved in Metro West decisions, Settle holds fast to the opinion that Pulte "projects like Metro West have gotten shelved until the market improves."

"They have a great land position," but he speculates that Pulte "is just sitting on the land," adding that in this market "it could be a while before Pulte has to worry about high rise construction again."

Despite Settle's foreboding, there have been signs that Metro West is still on Pulte's agenda. Just last June, the company began looking for Fairfax County approval to swap out 700,000 s.f. of residential space for office space, a move green organizations are supportive of because it still translates into increased density near a Virginia Metro station. But building anything close to 2200 housing units seems presently unimaginable, and Stan Settle remains the contact person on Pulte's website, which also lists a timeline that hasn't seen an update since 2004.

The Waiting Game in Mt. Vernon

Mt. Vernon Triangle, on Penn Quarter's northern fringe, could be a poster child for the glaciated development world. Developers now play the waiting game for Mt. Vernon to become an "extension" of the downtown corridor, land occupied by supposedly temporary parking lots remains asphalted, and the unfinished lots seem to symbolize the unrealized potential of a downtown revitalization. Here are a few of the buildings that are thisclose to adding chapters to the Mt. Vernon book. At Mount Vernon Place, Quadrangle Development and their co-developers, the Wilkes Company, are shopping with their broker, Meany&Oliver, for tenants of two planned commercial buildings at 300 and 400 K Street. Originally designed by Hartman Cox with a masonry shell reflective of the surrounding condos, 400 K's 421,677 s.f. and 300 K's 223,869 s.f. have new designs by Davis Carter Scott, now with floor-to-ceiling glass. The larger of the two, 400 K, has a dual-core that can be built in two phases of 210,839 s.f. each with over 23,000 s.f. allotted for retail. 300 K offers over 10,000 s.f. for ground floor retail and the average floors above ground have approximately 21,644 s.f. But even once a lease is secured, estimated delivery time is 24 months - meaning parking will remain. Down 3rd Street from 300 K lies another Quadrangle empty lot at 3rd Street and H Street NW, abutting the 100,000 s.f. office building whose use (AIPAC headquarters) remains a closely guarded secret. A planned residential building, the Cantata, will someday offer 351 units, joining the neighboring Madrigal Lofts and Sonata Condominiums; the developer's unfinished residential symphony. Passersby on Massachusetts Avenue will surely have noticed the blank walls of the AIPAC building at 251 Massachusetts Ave. (above, right), where architects at the Smith Group have left space for the development in waiting. Neighboring 400 K is 425 Eye Street, where Paramount Development and their architects at SmithGroup are performing a full-body makeover on one of the few projects actively moving forward - the former home of the U.S. Immigration and Customs Enforcement (ICE) Agency (rendering below left). The 370,000 s.f. building will offer 30,000 s.f. of ground floor retail/ restaurant space. Construction began summer 2009 and the building should deliver by June. On both the office and retail fronts, brokers indicate they have no contracts "in hand," but a few tenants have been "kicking the tires." Bill Miller, a broker at Transwestern Property Co., is putting stock in the recently secured Buddha Bar coming to nearby 455 Massachusetts. Miller sees the bar as a way to change people's perceptions of Mount Vernon and to connect it in their minds to the 7th Street corridor of nearby Chinatown/Verizon Center. On residential front, the Esocoff & Associates-designed Dumont has been in a bad way for quite some time, coming to a peak with its December 2008 foreclosure and now Ideal Realty Group (IRG), which specializes in multifamily and distressed/bank owned properties, is representing the Lender as a selling agent for the property. Lender PB Capital issued a foreclosure notice in December 2008 when the New York-based developer, The Broadway Group, failed to secure enough deposits to meet the lender's demand. Fully built and starkly empty, the Dumont and its perfectly manicured lawns and shrubbery frame Massachusetts Avenue, promising luxury condos, but most developers that have eyed the project have been more keen on conversion to apartments or even a hotel. Farther down Massachusetts Avenue sits another vacant lot, the future home of the Arts at 5th and I, which Donohoe Companies won the right to develop in September of 2008, promising a high-end hotel, retail outlets and jazz club. According to Memphis Holland of Holland Development, co-developer with Donohoe, the group is still "waiting on the city to finalize our deal with them so we can move forward with the design and with neighboring property owners." More waiting. The lots adjoining 5th and I, 443-459 Eye Street were also the planned site of the now-defunct Walnut Street Development (WSD) Eye Street Lofts project. Though rumored to have sold the property to JBG in 2008 when the shakedown on Arts at 5th and I was about to happen, Walnut Street retained the land. Without the Arts project in hand, JBG opted not to purchase the neighboring lots. Bill McLeod, Executive Director of the Mt. Vernon Triangle CID, indicated it was unlikely that Donohoe would absorb the neighboring properties on Eye Street. Demers Real Estate represents the lots that encompass 443 through 455 Eye street. According to Jon Wilson of Demers, Walnut Street never actually purchased the properties from 443 through 455, though they had been an integral element of the planned residential development, leaving them un-aggregated and, incidentally, some of the rare space actually being converted to use as artists' lofts in place of the old autobody shop, Gold Leaf Studios, the brainchild of Mike Abrams. The property at 459 Eye Street remains under Walnut Street's ownership, according to public records, though the property currently has a Mechanics lien placed on it by the former project architects Eric Colbert and Associates. Still, Jeff Miller, a Managing Principal at Prospect Diversified and board member of the Mt. Vernon Triangle CID, said that though development to date has largely "been multi-family in nature" he expects that "given the dynamics of that market, it will continue to improve." Miller added that the commercial development in Mt. Vernon, given the access to multiple metro lines, will "make the area a natural progression as downtown and the east end get fully leased." We don't expect to be writing about that any time soon. Update 11/11/09 As several readers and developers involved in the area have mentioned the new David Black sculpture installed in front of the Bus Boys and Poets at the corner of 5th and K Streets NW, we decided to include an image as Exhibit A that not everything is stalled in the area. It's a stretch, we know. The DC Commission on the Arts & Humanities, in collaboration with the Office of Planning, CityVista, Mount Vernon Triangle Community Improvement District selected Black, with the Commission allocating $250,000 to sponsor this project through it Public Art Building Communities grant.

Washington DC commercial real estate news

The Dirt on... Capitol Hill (East)

Neighborhood Vibe:

I live in a 1-bedroom condo with my husband. Let's call it cozy. Our condo building is home to law students, Hill staffers and long-time residents. My downstairs neighbor is a retired woman who has lived at our intersection for so long, she remembers when the new condo around the corner was a crack house (no joke). My condo could be a microcosm for the area: an odd mix of young professionals, young families, long-time residents, and active older people.

There are slight tensions in the neighborhood as Hill East continues to grow and change. When I was writing freelance from home I used to joke that as the underemployed political wonk next door, I was personally killing the street cred of the kids around the corner. Joking aside, my husband and I have had a couple unfortunate incidents with people in the neighborhood: first, he was mugged last September, then he and a friend were both shot with a pellet gun one night, and recently we had fruit catapulted at us as we walked home. The upside is that the police are incredibly responsive and very good about following up on reported incidents. (Both the mugger and the shooter were later caught, we decided not to report the fruit pummeling.) And since the perpetrators are at least creative; their entrepreneurial spirit gives us great stories for cocktail parties.

Retail and Restaurants
The occasional un-neighborly conduct does not overshadow the positive parts of living in Hill East. I love living in a neighborhood within a large city and having almost anything I want within walking distance. I have a new grocery store with the Jenkins Row Harris Teeter. I can walk to Eastern Market for not only fresh local produce, meats and fantastic cheeses but how convenient is it to be able to buy handmade jewelry, Indian pottery and a gently used couch all within 20 feet of each other? I even bought my "room-defining" painting from an artist at the Market.

The area is home to tons of thriving small businesses. Hills Kitchen is among my favorite shops in DC, not just my neighborhood. The independent gourmet kitchenware store is a great place for unique gifts or for an aspiring chef to stock up on the newest Staub dutch oven - and, they even offer cooking lessons. Owner Leah Daniels cares about her neighborhood and clearly loves her job; she spent several hours (after the shop had closed) working on my wedding registry and walking through the store, debating the pros and cons of various items. Who does that anymore? Nearby, Remix is one of the best vintage clothing shops around - with new items coming in all the time and reasonable prices, I love to stop in to browse, and rarely leave empty-handed. On the more practical side of retail is Frager’s Hardware. No matter what you need for home repair, Fragers will have it - along with other surprises like camping gear, bocce balls and bubble machine rentals. They also have a great garden section, where I have bought my Festivus (for the rest of us) Fern the past several years.

Hill East proper doesn't really offer much in the way of restaurants or bars. There are a few, such as Trusty's and Wisdom, but for the most part I need to go elsewhere for dinner or drinks. Luckily I don’t have to go too far. Barracks row/8th street is becoming a thriving restaurant and bar corridor. One of my favorite locations is Belga Cafe for their amazing Belgian beer list. A more recent arrival and family-friendly food establishment is Matchbox. Down the street two new bars, Molly Malone’s and Lola’s, offer comfortable locations to hang out, watch the game and get late night bar food (Lola’s serves food until 1 AM on the weekend). If I am looking for a more intimate and upscale setting, Sonoma Restaurant and Wine Bar has a fantastic wine list as well as good food, cheeses and charcuterie (though you might want save this for special occasions and pass on the $16 cheeseburger).

One exception to the walking distance rule is the National's Stadium, but no fear! The Circulator bus picks up on 8th street and takes me right to the Navy Yard Station--the bus is probably one of my favorite parts of going to the Nat's games.

Coming Soon
There are also some new additions planned for Pennsylvania Ave near Potomac Ave metro. Annie and Teddy's Po Boys, a New Orleans style cafe with inside and outside seating, is Joe Englert's newest project; Englert is the man behind DC9, The Big Hunt, The Pug, Rock and Roll Hotel, etc. The new cafe would feature live jazz music 4 days a week (Thurs-Sat night and Sat-Sun brunch). I wouldn't quite call Hill East "on the verge," but I would definitely say it's getting there.

TransportationThe closest metro stations to Hill East are Potomac Avenue and Stadium Armory and Eastern Market. The 34 and 36 buses, which can take you to downtown, Georgetown and all the way to Friendship heights, stop at the Potomac Avenue Metro station, as does the B2 bus, which is your round trip ticket to H St. NE. There are lots of other buses, but honestly, I don't take them that much. There are also tons of ZipCars nearby several right across from the metro and lots stashed in residential areas.

Is it for you?
For some people my age (20-something), the Hill doesn't offer enough of the urban bustle they want. No, it doesn't have the edginess of U Street (we've got the crime, just not the trendy bars) or the nightlife of Dupont or Adams Morgan (we have a jumbo slice, but it's never crowded). Most lights are out by 10 PM - both bars and houses. And the tree-lined streets of Eastern Market are frequented by families with strollers. Call me old beyond my years, but I'd rather have to cab, bus or metro somewhere to go out for a rowdy evening, than have that kind of noise and crowd near my home. So I'll continue to love the bar crawl scene on H Street with a cab ride back to my generally quiet neighborhood (barring any fruit attacks).

I moved to Washington for a school, for a job, and for a lifestyle no other city can provide. I choose to call Hill East home because when I walk to the metro, crossing Pennsylvania Avenue, the Capitol Dome view gets me every time. Washington is my city and Hill East is my neighborhood.

Washington DC real estate news

Buzzard Point Gets Attention

A little-known area in the southwest waterfront will get a lot of attention when the American Planning Association (APA) spends four days this month analyzing Buzzard Point, the southern promontory of southwest DC, where the Anacostia and Potomac converge. The Planning Assistance Team (PAT) intends to produce a series of recommendations for further study and suggested visions for the future of the area between South Capitol Street and Fort McNair. The PAT will speak with stakeholders and property owners, and a public meeting to review the recommendations will likely be held on Saturday, November 21st at the Police Building on M Street SW. Details will follow as the event approaches. The area is zoned within the Capitol Gateway Overlay for mixed use of commercial and residential; the APA's review is significant because the area currently has no master plan. A hodgepodge of industrial buildings, Buzzard Point will continue to be the home of the U.S. Coast Guard Head Quarters until its move to St. Elizabeths in Anacostia. It will also be the terminus point for two of the planned DDOT street car lines.During the four-day period the PAT team will speak with area property owners such as Monday Properties, Akridge and Douglas Development as well as representatives from the War College, Fort McNair and other area civic associations. After the four day evaluation, the PAT will make recommendations available at a public meeting, which will be an opportunity for feedback and further suggestions from the community. Michael Stevens, AICP and Executive Director of the Capitol Riverfront BID, said a final report could be expected within two months of the APA evaluation. From that point the report will go to the Office of Planning, Office of the Deputy Mayor for Planning and Economic Development, and to the District Department of Transportation for review and consideration. Stevens hopes the Office of Planning will ultimately develop a Small Area Neighborhood Plan setting out zoning changes and offering a broad vision for the community, which until now has consisted of a few large development firms on an interesting but largely unknown spit land, with only hopeful ambitions of what it some day may become. 

Washington DC commercial property news  Top image from the Capitol Riverfront BID.

Eckington's St. Martin's Still a Source of Tension

Originally scheduled for completion in the first quarter of 2010, Eckington's St. Martin's Apartments are coming together, according to church authorities and architects involved with the project - although, November of 2010 is now looking like the more likely date for completion.  Washington DC based NorthStar Development and Consulting partnered with St. Martin's on the apartments which will ultimately be controlled by The Catholic Charities of the Archdiocese of Washington through a subsidiary. Those curious about the progress on the 178-unit affordable apartment complex located at 116 T Street, NE can now see the recently installed windows, according to Lenora "Chick" Bowser. Built atop St. Martin's land, the four-story complex (plus one story of parking below-ground) has been billed by Parish Pastor Michael Kelley as "The Largest Affordable Housing Project in DC." All units are rental and all are offered below the market rate with one-bedroom public housing units available at 30% AMI and two-bedrooms available at 60% AMI. That's either great news for working families or a ticking property value time bomb for local property owners - depending on who you ask. The project has faced community roadblocks since its inception in 2005 when Hamel Builders was given the unique opportunity to roll the convent 80 feet east of its 116 T Street, NE lot to avoid razing a potential historic site.

  

According to Milan Mehta, Grimm & Parker's lead architect on the project, the convent will now hold six units built in accordance with Historic Preservation guidelines, with the other apartments contextual with the neighborhood. "We tried to break up the façade so that it mimicked the homes to the [Todd Place] side," explains Mehta, adding that the designers included a "grander frontage and greater street presence on the T Street side," facing McKinley Tech and Hyde School.

But design aesthetics—including an E-shape somewhat reminiscent of Sursum Corda's horseshoe design—aren't the only concerns some of the area's neighbors have with the 241,000 s.f., $41 million project. At a time when the New Communities initiative has sold the District on the idea that mixed-use, mixed-income, rent-or-own developments will spark progress in neighborhoods, some Eckington residents feel this development will have the exact opposite effect - namely, that it will concentrate poverty and crime into one designated area.

For their part, church officials and developers have repeatedly dismissed these charges as naive mischaracterizations of future St. Martin's residents. "This development will be mixed-income," counters Chapman Todd, director for housing development at Catholic Charities, adding that although the development is a stand-alone development separate from the New Communities initiative, it will serve as "an asset to a vibrant community in need of more affordable housing options."

As for the similarities to failed public housing projects like Sursum Corda, Todd assures that the St. Martin's Apartment design took into account neighborhood concerns about "common areas being open to the street" by placing features like the toddler play area, gazebos, and courtyard terraces one floor above street-level. Whether or not such steps help soothe community concerns, Todd is certain that as the building nears completion, everyone involved will continue to work "to be present for the community and ANC, Bloomingdale Civic Association and Edgewood Neighborhood leaders."

Washington DC retail and real estate development news

Silver Spring Library Design Final Forum Saturday Night

Design of the new Silver Spring Library, attracting lovers and loathers alike, is nearing its final design, and the public will have one last chance to influence the outcome when the final of numerous public design meetings takes place tomorrow at 1pm, at 8901 Colesville Rd.

Officials expect work to begin on the site in mid 2010, though library construction will not start until officials have reached agreement on final design for the building, including how to incorporate the Purple Line, station and all, into the site.

Work on the new library, at the corners of Fenton, Wayne and Bonifant Streets in downtown Silver Spring, has been underway for more than a decade, for a site that will incorporate the library and likely a residential building next door.

The 7-story building will be multi-purpose, with an art center, library, and county office building. The building is being designed by Lukmire Partnership, a locally-based leader in library design.

Congress Passes Homebuyer Credit

After the Senate's approval yesterday (98-0) of the extended homebuyer tax credit, the House followed suit and passed H.R. 3548, which includes a tax credit amendment, putting the bill in the lap of President Obama who is expected to sign it into law. The bill extends the tax credit and widen its breadth to include more buyers, who now have until April to dither. The new law will extend the $8,000 credit for first-time homebuyers who contract for a property by April 30, 2010 and settle by July 1. Unlike the current law, homebuyers that are not first-timers will get a $6500 federal tax credit, and raise the qualifying income from $75,000 to $125,000 for singles and from $150,000 to $225,000 for couples. In a small dose of fiscal restraint, Congress this time around capped the purchase price at $800,000.

Senate Approves Extension and Expansion of Homebuyer Tax Credit

Yesterday the Senate voted 98-0 to extend the first-time homebuyer tax credit and to add a new group of buyers to the fold. The extension means buyers have until April 30, 2010 to sign a purchase agreement and until June 30 to close. The House will vote later today.

Previously only first-time buyers could qualify for a tax credit (worth $8,000). Now, buyers who have owned their current home for at least 5 years can qualify for $6,500 towards a new home. The $8,00 credit will go to both first-timers and those who haven't owned a home in three years. To qualify the homes must be less than $800,000 and buyers can make up to $125,000 per individual or $225,000 per couple (now capped at $75,000 and $150,000).

EYA Moving Forward at Brookland's St. Paul's College

Now that EYA's townhomes in the Navy Yard area are selling and construction is moving along, the developer is setting its sights on the planned townhome project for Brookland's St. Paul's College. Coming off their May 2009 Planned Unit Development (PUD) approval, EYA is finalizing the architecture and engineering plans to move forward with permit applications. Designed by the Lessard Group, the new townhouse development, according to the developer, should begin construction in summer of 2010, with sales beginning as soon as May 2010. VIKA, Inc. is the project engineer.

The 237 single-family units will be built on approximately half of the 20 acres, abutting the Trinity and Catholic campuses along 5th and 6th Streets NE. The townhouses will range in sizes from 14 to 18 feet wide and including between 1,400 and 2,100 s.f., selling between $450,000 and $550,000, with 28 units set aside as affordable housing.

Jack Lester, EYA Vice President, estimated the total cost of the project will come in at a hefty $100 million. When asked about the purchase price, Lester was unwilling to disclose an exact amount but indicated that it was based on a "complicated formula;" the developer paid a fixed amount up front, with a formula for additional payments based on sales. EYA is currently under contract to purchase the property; sales and construction will start after settlement in May of 2010

EYA originally won out over a field of 12 to 15 other developers who responded to a solicitation of interest put forth on behalf of the Paulist order, which plans to retain ten acres that include the school and offices. Lester said his team bested its rivals because the property owners would be a more "sensitive" neighborh; the Paulists apparently prefer to look out on 237 townhouses, rather than commercial space or a residential property with more build out.

Lester added that with all of the "exciting things happening" in the area, EYA was glad "to be part of the vibrant community."

Council Approves New Southwest Fire Station

Today the Washington DC Council approved the Land Disposition Agreement for 4th and E Streets SW, and 6th St E Streets SW, formally binding the District to a partnership with Potomac Investment Properties, City Partners and Adams Investment Group in a 99-year lease agreement.

The approval grants the ground lease between the District and the development team, selected last May, for a site now occupied by a fire station and a parking lot, answering the question of "what to do" with the fire station next to the future DC Crime Lab. The disposition did not specify a lease price, but dictated that the property be sold for the "fair market value of the property, less the value of the public benefits provided" with the District retaining long-term control of the property.

The development team plans to construct over 500,000 square feet of new office and retail space on the two District-owned parcels. In addition, their mixed-use complex will also house a new, state-of-the-art, 22,000 square foot fire station. A 9-story building will replace that former fire station and house a cafe and work site for DC Central Kitchen, and possibly even a stationery store, wine store and coffee shop.

About the planned projects, At-Large Councilmember Kwame Brown said, "It’s critical that we keep projects moving forward in these tough economic times. We must also maintain integrity and transparency in the process while ensuring District residents and businesses participate in the economic rewards of the city," in reference to the to the criticism of the Mayor's handling of development contracts which peaked last week with a short-lived threat of formal investigation.

Demolition Makes Way for DC's $218 million Crime Lab

Today DC officials began demolition work at the Metropolitan Police Department's former First District Headquarters at 415 4th Street, SW, the future site of the District's $218 million Consolidated Forensics Laboratory (CFL). Developed by Whiting-Turner and designed by HOK Architects, the six-story, 287,000 s.f. state-of-the-art crime lab will be situated in the shadow of the new Constitution Center complex near the L'Enfant Plaza Metro.

The new CFL will house the forensic arms of the Metropolitan Police, as well as the Department of Health and the Office of the Chief Medical Examiner and will be LEED Gold certified when it is completed sometime "in late 2012," according to DC Mayor Adrian Fenty. The First District's MPD headquarters relocated to the Bowen School at 101 M St SW in March to make room for the CFL lab.

CFL Director, Dr. William Vosburg said the new facility will allow for "synergy" between health and safety departments so that they are able to fight crime, identify disease outbreaks, and support public health and safety in general. And who couldn't use a little more synergy these days?

Meanwhile, the search continues for a temporary headquarters for the adjacent Engine 13 Fire House. The Ward 6 fire station will move to the adjoining parcels at 450 6th Street, SW just as soon as Mayor Fenty and the fire chief work out a suitable location for a temporary headquarters.

Congress Closes in on Homebuyer Tax Credit

Legislation to extend a tax credit for first-time homebuyers passed another hurdle today as Senators voted overwhelmingly in favor of a motion that could bring the bill to a floor vote as early as tomorrow, with pressure on the House to do the same.

The new bill would not only extend the credit - now set to expire December 1st - to April 30th, but would increase the scope of qualification for the credit, including those who make up to $125,000 per individual or $225,000 per couple (now capped at $75,000 and $150,000) and even apply those who already own a home. DC buyers have long had a $5,000 tax credit for the purchase of their first home, a credit that cannot be combined with the $8,000 credit. The Treasury Department reports $8.5b in credits since the plan began in February.