
Friday, December 22, 2006
Redevelopment Finally Coming to Desolate Stretch of Wisconsin Avenue in Cleveland Park

Thursday, December 21, 2006
What Goes Down Must Come Up

At 26 stories, Turnberry Tower will be one of the tallest buildings in the region, competing in height (and sales) with Waterview by JBG, a new condo going up 2 blocks away that has now topped out at 29 stories. Condo sales for Turnberry began in June 2005.
Bethesda Row Extension Moves Forward

DC Council Unanimously Approves $1 Billion "New Town" Plan for Florida Avenue Market

Wednesday, December 20, 2006
Groundbreaking Ceremony Kicks off Construction for New St. Elizabeths Medical Building

This development follows the early November announcement by DC planning officials of their proposal to also clear way for 2 million sf of office space, retail, and high-end apartments on the St. Elizabeths Hospital campus site, which consists of mostly vacant, poorly maintained 19th century terra cotta buildings next to the Congress Heights metro. The District, once the proper zoning has been approved, would like to develop the site in gradual phases, starting in 2008 with the construction of 260,000 sf of office and 150,000 sf of residential in the section closest to the metro station. The rest of the development would take place over the following decade.
Thursday, December 14, 2006
Bowling for Condos (or Visa Versa) in Falls Church

Iconic Market in Shaw Wins Initial Approval for Development
2
comments
Posted by
Ken on 12/14/2006 09:36:00 AM
Labels: Four Points LLC, Roadside Development, Shalom Baranes Architects, Shaw
Labels: Four Points LLC, Roadside Development, Shalom Baranes Architects, Shaw


The site is just two blocks from the Broadcast Center One project by Four Points LLC, which is expected to provide 100,000 s.f. of office space and 185 condos above the Shaw Metro Station, with groundbreaking expected this Spring. Shovels are not expected to turn dirt until 2008. The current Giant will likely close at the end of that year; the new Giant, expected to open in 2009, will be larger than the "urban lifestlye" Safeway going up around the corner at 5th & K as part of the City Vista project. Loading docks will be moved underground, solving the problem of rows of space-hogging loading stations that now take up a full block on 9th Street. Most of the project will rise to 90 feet, though some elements may rise to as much as 110 feet under the current plans. Approval by the ANC was not required but indicates community acceptance of the project and much warmer reception by the city in future hearings.
Massive Arcola Center Project to Break Ground

Tuesday, December 12, 2006
Major Changes Coming to Baileys Crossroads and Seven Corners Areas of NoVa

Sunday, December 10, 2006
View 14 Condos Goes Rental
6
comments
Posted by
Ken on 12/10/2006 09:27:00 PM
Labels: Centrum Properties, Level 2 Development, SK and I Architects, U Street
Labels: Centrum Properties, Level 2 Development, SK and I Architects, U Street


Many local developers have faced pressure from investors to move away from condos and toward the more lucrative apartment market, especially where investors require pre-construction sales up to 2 years in advance. Such requirements have been harder to accommodate as fewer buyers are finding it advantageous to sign a contract one to two years before completion, forcing developers to cancel condo projects early in the development projects. Level 2 is partnering with Centrum Properties, a large Chicago-based developer, to help realize the ambitious project, and retains further plans to replace the outdated Nehemiah strip mall across the Street, which it purchased for $13.2m in March of this year and intends to plow under next year in favor of a mixed-use development with condos and retail.
Falkland Chase Project Moves Forward

Friday, December 08, 2006
Construction Begins at The Admiral Condominium Near Navy Yard
0
comments
Posted by
Nick on 12/08/2006 09:12:00 AM
Labels: Barrack's Row, Bonstra Haresign Architects, ICP Partners, new condos
Labels: Barrack's Row, Bonstra Haresign Architects, ICP Partners, new condos


Washington DC real estate development news
Thursday, December 07, 2006
Bonifant-astic News for Silver Spring

Wednesday, December 06, 2006
Plans to Redevelop Florida Avenue Market Win Preliminary Approval

Tuesday, December 05, 2006
Changes Coming to Georgia Avenue-Petworth, Dunn Loring Metro Stops
0
comments
Posted by
Nick on 12/05/2006 10:04:00 AM
Labels: Donatelli, Georgia Avenue, Petworth, Trammell Crow Residential
Labels: Donatelli, Georgia Avenue, Petworth, Trammell Crow Residential


In other metro stop news, on Monday the Fairfax County Board of Supervisors approved Trammel Crow Residential’s plan to build a 720-unit apartment building with retail on a 15-acre lot at the Dunn Loring-Merrifield station. The project calls for three towers, set around a landscaped plaza, to be built on the parking lot, along with a new six-story parking garage with 2,000 spaces and stores underneath. There also will be 1,150 additional underground parking spaces under the apartment towers. Eight percent of the apartments will be set aside as "workforce" housing for county employees and low-income residents. In addition, Trammel Crow has pledged to the county a contribution to help cover the costs that the expected influx of new school-aged children will bring.
Monday, December 04, 2006
$400 Million Waterside Mall Redevelopment Project Takes a Step Forward
0
comments
Posted by
Nick on 12/04/2006 01:17:00 PM
Labels: Bresler and Reiner Inc., Forest City, Southwest
Labels: Bresler and Reiner Inc., Forest City, Southwest


AWC Presents Poplar Point Proposals
0
comments
Posted by
Nick on 12/04/2006 11:16:00 AM
Labels: Anacostia, Poplar Point, Skidmore Owings + Merrill
Labels: Anacostia, Poplar Point, Skidmore Owings + Merrill

Last week, the Anacostia Waterfront Corp. (AWC) officially presented at a public meeting the first proposals submitted for the development of Poplar Point, 110 acres located across the river from the Washington Navy Yard at the eastern foot of the South Capitol Street bridge in Southeast DC. This land will be transferred by the Federal government to DC as part of legislation passed on November 16th. The proposals, drafted by Skidmore, Owings & Merrill LLP, presented two visions for the land. The first shows retail, office, and residential development in three clusters (near Good Hope Road SE to the east, W Street SE in the middle, and Howard Road SE to the west), with a new soccer stadium (and parking) for DC United and a 500-room hotel and conference center near the W Street development.

The second proposal shows all the retail, office and residential development, but leaves out the soccer stadium and hotel. New roads are also to be built to link these three clusters. The residential component calls for between 1,400 and 2,300 units, with 30% priced below market rate. Almost half of the transferred land will be preserved as public park land and green space and trails along the Anacostia River. These proposals, which are open for public comment, will not be finalized for a number of months.
District of Columbia real estate development news
Thursday, November 30, 2006
Community Groups Withdraw Opposition to H Street Project

Corcoran Buys Randall School, Plans New Art Space and Apartments

Wednesday, November 29, 2006
A Different Shade of Green for Maryland

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