Centex Sells Pavilions at Takoma to New Developer – Project Back On, But As Rentals

Just when you think you’re out, they pull you back in. Yes, real estate and the Godfather have plenty in common, none more so than the more things change, the more they stay the same. Just weeks ago, Cityhomes by Centex Homes announced that it was canceling its Pavilions at Takoma project and not moving forward with this development. But now arrives word that the company actually is in the process of selling the project to another developer, which plans to build it more or less as originally rendered, but then offer the units as mostly rentals rather than condos. The new owner has not yet been identified, though Centex has confirmed the sale. The Pavilions at Takoma originally began condo sales in November, with prices starting in the low $200,000 range for studios in a LEED-registered, four-story building at 7023 Blair Road NW, just one block from the Takoma metro station. Expected rental prices are not yet known at this time for the revived project.

Washington DC commercial real estate news

Douglas Development Brings Sister Apartment Buildings to Takoma Park

Douglas Development met with Takoma Park residents last week to present plans for a pair of 55,000 s.f. sister apartment buildings to be built between Willow and Maple Streets behind the once hotly debated CVS on Carroll Street. The buildings will be named after their respective street proximities, just three blocks from the Metro Station. The transit-oriented project will be built on several vacant lots and will force the relocation of three existing homes. Douglas Development, known for its work in Penn Quarter and commercial development, worked with GTM Architects, which has designed several multi-family homes including Tenley Townhomes. Each building will consist of four levels, three above ground, and a basement floor. The suburban-styled complexes will include balconies, detailed windows, and a large surface parking lot to provide one spot per dwelling. And though an apartment project is more savory than what often goes on behind drug stores, there has been a mixed reaction from the traditionally development-resistant neighborhood.

According to Melissa Cohen, an architect at GTM, "They (the neighbors) are skeptical. I think development is difficult and some of the projects in the neighborhood haven't been completed as they might have liked so there is some resistance." Cohen added that Douglas still has to meet with the Historic Preservation Review Board and the Zoning Commission; under ideal conditions, it will be another two years before the Maple and the Willow break ground. In related news, SGA Architects is currently preparing to build Ecco Park, an 85-unit condominium nearly across the street.

Dakotas Condo Project Near Fort Totten Ready To Roll

After years of planning and dreaming, it appears residential development is about to begin near Fort Totten metro, one of the few stations that has not seen a construction boom over the past years. Work is about to start on Phase I of The Dakotas, a $300 million, 10-acre project containing 800 mixed-income condo units and apartments, a grocery store and restaurant, plus needed retail stores for the area (80,000 sf of retail total). The Dakotas will be located at Riggs Road and South Dakota Avenue (on both sides of Riggs), just a block or so from the metro station. The developers for this project are Lowe Enterprises, Jack Sophie Development and Ellis Denning Properties, who also envision creating landscaped green space for public use, along with well-lit and landscaped pathways connecting The Dakotas and the Fort Totten metro station. The project will be comprised of low-rise, wood-framed buildings, with fitness rooms and rook decks for residents. The condos are expected to be priced starting in the upper $100,000s for a studio to almost $400,000 for two-bedroom and den units. Development of this size has not occurred yet in this part of town, so it will be interesting to see if and how it transforms the area, and if it sparks some more development for this corner of upper Northeast DC.

New Hampden Lane Condo in Bethesda Moves Forward

Having secured rezoning approval last September from the Montgomery County Council, Hampden Lane Associates LLC has submitted its proposed plans to build a new seven-story, 60-unit condominium in the northeast quadrant of Hampden Lane and Arlington Road on the lots now occupied by five single-family homes (now used as commercial offices) at 4913-4921 Hampden Lane. Nine of these condo units will be moderately priced dwelling units (MPDUs). The Hampden Lane plan, just two blocks from the Bethesda metro, will join a number of new residential projects in the downtown Bethesda area, including the renovated Chase (377 condo units), the Bethesda Row extension (180 rentals), 7001 Arlington Road (111 condo units), and 4901 Hampden Lane (70 condo units). With this project moving forward, the county, which originally planned to build a 12-unit homeless transitional housing project on the site, will now construct this transitional housing adjacent to the future Hampden Lane condo structure.

JPI to Start New Jersey Avenue SE Project This March

As previously reported in dcmud, construction projects around the Nationals ballpark in Southeast are starting to heat up in anticipation of the stadium’s opening in Spring 2008. The latest development centers on JPI’s 13-story, 244-unit residential and retail project planned for the 900 block of New Jersey Avenue SE (bounded by 1st, I and K Streets SE), near where the Nexus Gold Club used to define fabulous living of a different sort. JPI’s building and excavation permits have been approved, and the developer expects to start demolition on the site this March.

J Street Development Company Set to Revamp Two NoMa Corridor Lots

For some, the term "NoMa" is reason to shudder and damn the group of individuals who coined a focus-group term annoyingly similar to SoHo. Love it or hate it, NoMa is transforming, and two of those changes will feature DC-based J Street Development Company: One to take place at 1111 North Capitol Street between L and Pierce Streets, the other at 60 L Street. On North Capitol Street, J Street will redevelop a warehouse used by the Smithsonian Institution to prepare up-and-coming exhibits, turning it into a yet-undetermined combination of housing, office space, and retail stores. The majority of the property is owned by J Street, though a small portion of the lot, "Lot 29", recently sold to Tishman Real Estate Services. Paula Gaskins, an Executive Assistant at J Street, said the company is still in the zoning and permit stages. The building's lease to the Smithsonian doesn't expire until September 2011, so demolition and rebuilding won’t begin until at least that time, but Gaskins noted that "nothing happens overnight, so we are going through the steps because it is a historic building." J Street Development Company’s other NoMa development, "First Place", at 60 L Street (pictured) was bought just a year ago, and is now in the master planning stage. One block south of the New York Ave Metro station, First Place will include 500 residential units, office, and retail space when completed in 2009.

Arlington Apartment Demolition Makes Way for Affordable Housing

A new affordable housing project got underway Wednesday, when Arlington-based AHC started demolition of the Fairview Manor Apartments to make way for The Shelton (rendering pictured), a 94-unit apartment building dedicated exclusively to affordable living. The $27 million project, located at 2310 Shirlington Rd. in the Nauck section of Arlington, replaces a dated 22-unit apartment building that provided HUD Section 8 homes. Prominent DC architects Bonstra | Haresign designed the new 4-story building to include 108 underground parking spaces and 94 units for a range of low and moderate income tenants in a structure that progressively departs from dominant affordable-housing design, employing a lively masonry facade and window appearance. Said David Haresign, architect for the project: "Affordable housing and high-quality, thoughtful design are not mutually exclusive...."

The Shelton should be ready for its first tenants, with incomes from 40 to 60% of the AMI, in 18 to 24 months, and will offer studios, one, two, and three-bedroom apartments. AHC acquired the property in 1983, and received approval for this project one year ago from the Arlington County Board. Joe Weatherly, Project Manager for AHC, says the design was the result of close cooperation with neighbors, who ultimately endorsed the project. Construction will be performed by Harkins Builders.

Kenyon Square in Columbia Heights Fills Up its Retail Space

Continuing its rapid development from a neglected thoroughfare along 14th Street NW into the next residential hot spot, Columbia Heights is now getting the retail it needs to follow and service the wants of all its new condo dwellers. The latest retail announcement comes from Donatelli Development, which has announced six new tenants for its Kenyon Square project, located on the northeast corner of 14th & Irving Streets, above the Columbia Heights metro station and across from the DC USA retail center. The newly signed Kenyon Square retailers, which are scheduled to open in May or June, are: Starbucks, FedEx Kinkos, Raidance MedSpa, Georgetown Valet, BB&T Bank, and The Heights restaurant (from the owners of Logan Tavern and Grillfish). These stores will be joined by Target, Best Buy, and Washington Sports Club when DC USA opens next year. Kenyon Square will contain 153 condos designed by Torti Gallas. Delivery is expected this Summer.

Anacostia’s Waterfront to Become Social, Business, and Residential Center

The fate of Florida Rock Industries' South East Waterfront property was as left undetermined at the January zoning meeting. The current gravel yard is in the planning stages of becoming a four-building, 1.1 million square foot project, on 6.5 acres next to the new Nationals ballpark. The mixed-use project by FRP Development, located at 100 Potomac Avenue, SE, at the southern end of the Anacostia River and directly below the new Nationals ballpark, will include two office buildings, a residential complex, and a hotel to replace the current concrete plant. A Cinderella Story for the commercialization of the formerly industrial area, lower levels of the East office building will include waterfront retail stores in a Georgetown Waterfront–esque approach. Residents and visitors will have access to the newly planned First Street Plaza, a 40,000-sq-ft park that will also overlook the Anacostia River. Architects Davis and Buckley have released renderings depicting an urban center with a view of both the Anacostia River and the Frederick Douglass Bridge. A final decision on the 2nd stage of the PUD was delayed until February. Jenny Shaffer, an Executive Assistant at FRP Development, said the development team was waiting for feedback from the zoning commission before finalizing or releasing plans about the project. The issue is expected to be taken up in early to mid February.

Tysons to Convert Current Sprawl into Urban "City Center"

Having driven through the maze of roads and stores spread across the Tysons Corner landscape (roughly the area surrounding Routes 7 and 123 just west of the Capital Beltway in Fairfax County), any concept of corralling this retail and office-heavy sprawl and one day making it a vibrant, pedestrian-friendly urban center would be met with polite skepticism. However, this is exactly what Fairfax County’s Board of Supervisors envisions, based on the Board’s passage this week of a proposal that would surround the Tysons Corner Center mall with a "ring" of eight 30-story towers (four residential, four office) containing over 1,400 residential units (124 to be affordable housing), 1.4 million sf of office space, and a 300-room hotel. The 3.5 million-sf project, proposed by the Macerich Co. (owners of the 300-store mall), would double the existing size of the mall area and hopefully create a small, vibrant city, with the ring of towers providing a "town center" of sorts with the mall at the center. Plans also call for all parking to be placed underground, allowing for the creating of plazas and an ice rink. With the planned extension of a Metrorail line stop at Tysons mall in 2012, the proposal could turn Tysons into a close-in commuter city, as well as provide residential space for those working in this area. This project is scheduled to break ground in 2008, and be completed around 2020 assuming everything proceeds according to plan.

Bozzuto Group Wins Silver Spring Mixed-Use Project

Back in late October, the Montgomery County Planning Board of the Maryland-National Capital Park and Planning Commission (MC-MNCPPC) heard proposals from three development teams competing to design and build a new mixed-use project on 3.24 acres at the corner of Georgia Avenue and Spring Street, at the northwestern entrance to downtown Silver Spring. This week, the Commission officially announced the winner to be SilverPlace, LLC (comprised of Bozzuto Group, Spaulding & Slye, and Harrison Development).

 Phase I will include a mixed-use building on Georgia Avenue that will hold 358 dwelling units (261 for sale, 91 for rent), 30% of which will be affordable. The initial development will also include retail, a specialty grocery store, and over 500 underground parking spaces, as well as a 9-story office tower on Spring Street that will house the Montgomery County Park and Planning Commission (PPC). Overall, there will be 150,000 sf of office space. The project will extend Fenton Street to open it to residential and retail development.

Groundbreaking is likely to be in 2008, with completion in 2010. Silver Spring-based Torti Gallas will provide master planning for the project. The two proposals not selected included one from Silver Place Joint-Venture, LLC (Donohoe Companies, Otis Warren & Company and MCF Investment Company), which proposed three buildings (one residential, one mixed-use with residential, office space, and retail, and the PPC headquarters), and another from PN Hoffman / Stonebridge Associates, which would have built residential and retail on this site, and a new PPC headquarters at a different lot already owned by the team.

Silver Spring, MD real estate development news

Monument’s Half Street Project Near Ballpark Heats Up

After buying up the last dilapidated parcel of land it needed this past Summer at the corner of N and Half Streets SE, it looks like Monument Realty is ready to move forward with its planned mixed-use project in the new Southeast DC Ballpark District. Monument’s Half Street project, to be located on the eastern section of Half Street between M and N Streets SE, at the north entrance of the new ballpark location, will contain a total of 775,000 sf of mixed-use space, with 320 residential units, a 200-room hotel, 275,000 sf of office space, and 50,000 sf of retail. Monument is now accepting registrations from those interested in this project on its Web site, and has released a rendering of the final complex (pictured). Monument plans to start building the project this Spring, and have it completed in April 2009 (one year after the ballpark is scheduled to open).

Poplar Point Plan Meets Resident Resistance

On Saturday, the Anacostia Waterfront Corp. (AWC) and DC government officials finally unveiled at a public hearing in Anacostia the long-awaited plans for a mixed-use project on 110 acres along the Anacostia River that would include a new soccer stadium for DC United, but the plan as it currently stands is meeting some resistance from area residents. The Poplar Point plans call for 2,000 housing units, a 27,000-seat stadium, a hotel and conference center, and a 70-acre park. Residents and neighborhood activists quickly voiced concern over the upscale nature of the project, which might preclude them from enjoying the development, if not price them out of the area. Also, the hotel, conference center, and stadium were not services they need or would use, and there was no guarantee regarding job creation for the community. The AWC will continue to hold public hearings through the Spring (when the US Department of Interior will complete transfer of this land to DC) in hopes of addressing these concerns and altering the project accordingly.

New NoMa Condo Opens for Sales

Macy Development has opened its sales center at its latest condominium project, Basilica Lofts, a 21-unit condo in the Eckington - NoMa neighborhood. The Basilica Lofts project is the conversion of a row of historic storefronts-turned condos in an area once known for its expanses of undeveloped land and lonely Greyhound Bus Station, but that now stands apart by the sheer volume of new construction planned and underway. Developers have been attracted to NoMa’s proximity to downtown, where vacant land is now scarce, and new Metro station, though nearly all development is office space, with over 10 million s.f. of commercial space on the way. Basilica Lofts will feature two-bedroom condos on two stories starting at $359,000 with immediate occupancy. As DCMud reported last week, the nearby Washington Gateway project will add another 250 residential units to the area, but no further residential units are project to complete until 2009 at the earliest. Marketing and sales by DCRE.

Loudoun County Approves One Loudoun Project

There is still a lot of empty space out in Virginia in Loudoun County, and county officials have now decided on just how to fill it. This week, the Loudoun County Board of Supervisors has approved plans for the One Loudoun project, 360-acre massive development in Leesburg along Route 7 and the Loudoun County Parkway that will consist of 1,000 residential units, 700,000 sf of retail, 3 million sf of office space, a 300-room hotel, and a movie theater complex. The developers for this project, Miller and Smith and The Meridian Group, hope to attract science and biotech companies to this complex. One Loudoun is also the first project in Loudoun County to be recognized by the Smart Growth Alliance for its pedestrian-oriented design. Groundbreaking is slated for early 2008, with construction talking place over the following decade.

Marriott Breaks Ground at National Harbor Project

This week, Marriott International officially broke ground on its new 162-room Marriott Residence Inn, a key component of the massive National Harbor project in Prince George’s County along the Potomac River, just south of the Woodrow Wilson Bridge. Marriott expects to have its hotel open by March 2008. National Harbor, a 300-acre, 7.3 million-square-foot, mixed-use development being developed by the Peterson Companies, is expected to be a strong pull for business, retail and commerce to this southern part of Maryland. In total, five hotels (offering 4,000 rooms), a 470,000-square-foot convention center, 2500 residential units, 500,000 sf of office space, and 1 million sf of retail are planned for this development, along with four piers and two marinas. National Harbor is scheduled to be completed in 2009.

Centex Homes Cancels Pavilions at Takoma Project

Surprising news! Cityhomes by Centex Homes announced its cancellation of the Pavilions at Takoma project, and will not be moving forward with this development. The Pavilions at Takoma began sales in November, with prices starting in the low $200,000 range for studios in a LEED-registered, four-story building at 7023 Blair Road NW, just one block from the Takoma metro station.

This announcement comes just months after Centex canceled its nearby Cityhomes development at 1200 East-West Highway in Silver Spring. When contacted, a Cityhomes representative would not comment on these developments. We will report additional details as learned.

New "Transit Center" Coasts into Union Station

The latest sleek new building in DC may not feature stainless steel appliances, but it will make stealing a bit harder and in turn please many metro commuters who rely on their foot power rather than gas to get to work in the morning. The DC Transportation Department is getting ready to break ground at Union Station this Summer on a new, modern bicycle "storage, rental and repair facility" – formally called The Union Station Bicycle Transit Center – thus making this Capitol Hill location a new hub for bikers and hopefully encouraging a new generation of pedaling commuters. The attractive $2 million glass-and steel bike station, modeled after similar structures in San Francisco and Seattle, will be constructed on the northwest side of Union Station, and compliment this historic building; the US Commission of Fine Arts is expected to approve the final design later this month. The Bicycle Transit Center will hold up to 150 bicycles inside and 30 outside (plus the repair facilities), with only a $1 fee to store a bike. There will also be a limited number of memberships and monthly passes sold, allowing 24-hour access and discounted storage rates. Construction is expected to be completed in Spring 2008.

Akridge Posts Details, Images for 5220 Wisconsin Avenue Project

DC-based developer Akridge has posted comprehensive details and images for the $30 million condominium complex it hopes to build in Friendship Heights at 5220 Wisconsin Ave. NW, just south of the metro station between Harrison and Jenifer Streets NW. The site is now home to a flower store and a used-car lot and auto body shop. The planned building would house up to 70 condo units (seven percent reserved for affordable housing), and offer 13,200 square feet of street-level retail, plus two levels of underground parking. Units (one and two bedroom) are expected to be between 1,100-1,300 sf, with an average price of $800,000. The structure would include a five-story traditional-style brick section facing Wisconsin Avenue to help mesh it in with the existing streetscape, with an additional two stories of glass set back from the street. The southern part of the structure will taper down to three stories on the southwestern side. There will also be an open courtyard at the center of the building, which is planned to be LEED Certified (Leadership in Energy and Environmental Design), with "green" features such as a roof that stores and filters storm water and the recycling and reuse of 50% of all construction materials waste. In addition to this building, Akridge plans to upgrade the existing yet foreboding PEPCO substation to the south of this site by restoring its façade, fixing the sidewalks around it, and adding windows for artwork displays. Akridge hopes to start construction on this project later this year, assuming its proposal is approved by the DC government.

Centex Keeps Busy in Silver Spring with Office Construction

While Centex may have recently pulled back from residential construction in Silver Spring when it put its Cityhomes project at 1200 East-West Highway on hold, that doesn’t seem to have affected the company’s drive for office development in town. Centex has started construction on an $87 million office complex at the FDA’s new campus in north Silver Spring (White Oak) at 10903 New Hampshire Avenue, where the Federal agency is consolidating all its suburban sites (Centex has already worked on three other pieces of the complex). This new six-story, 393,000-sf building - scheduled for completion in early 2009 – will include office space, conference rooms, and a 150-person conference center. The building is being designed by KlingStubbins in partnership with RTKL.