Thursday, January 22, 2009

Brightwood Tenement Set for Demolition

0 comments
Plans are in works to demolish a dilapidated Brightwood housing project at 809 Kennedy Street, NW and a neighboring single family home, in order to make way for a new affordable housing complex. The developer behind the project, Washington Communities Inc. (WCI), was forced to shutter the current 2-story, 16-unit apartment building at the site - described by the Washington Post in 2008 as "a crumbling brick building" with "wet ceilings, broken lights, cracked walls, leaking sinks and defective radiators" and "one of the most troubled buildings in the city" - early last year.

WCI had ordered a buyout all of the building's tenants following complaints of below-freezing temperatures from residents, critiques from the DC City Council and a lack of funds of the Department of Consumer and Regulatory Affairs (which spent a whopping $626 to “repair” the building over a three year period). The new building to be built at the former site of 809 Kennedy will include 70-units of affordable housing with rents starting at $900 per month. WCI President, Richard Deeds, did not respond to DCmud’s inquiries concerning the project.

According to DC tax assessment records, Deeds and co. have owned the property since May 2002. Their raze application, filed in December, is expected to proceed unhindered. New System Demolition and Excavation will carry out the demolition.

Wednesday, January 21, 2009

NCPC National Capital Plan

0 comments

Changes in the Atlas District

8 comments
How to redevelop H Street: knock down the old buildings and replace them with a surface parking lot. At least that's the strategy of a pair of local property owners, Tae and Sang Ryu, if they receive approval to demolish four buildings at 1305-1311 H Street, NE, the so-called Meads Row. The properties adjoin local landmark the Atlas Theater, and the owners intend to replace them with a large surface parking lot to service patrons of the increasingly crowded Atlas District.
   
Though the duo has been seeking to raze the buildings since 2007, the ANC6A has already expressed their disapproval of the project - especially regarding the Atlas' next door neighbor at 1311 H Street. "Although [the property] is currently in bad physical condition, we would like to help you take advantage of a number of tax and zoning incentives that would allow the current building to be rehabilitated in a manner that will protect your financial interests and allow H Street to be restored to its former charm and economic health," said ANC Chair Joseph Fengler in an open letter to the developers. The chairman goes on to point out that buildings designated for historic preservation receive federal tax credits for renovation costs and that the property would most likely qualify for a grant under the H Street Main Street’s façade improvement program.

Despite the helping hand, the Ryus are still pursuing a raze order for the site and have submitted an application to the Historic Preservation Office (HPO) for review. According to Bruce Yarnall, Operations and Grants Manager of the HPO, “[the case] will first have to go before the board for a landmark hearing, then the raze request will be determined based on the landmark action.” A designation hearing will be held February 26th to determine whether the HPRB agrees. Either way, the Atlas District’s main corridor will be gaining one landmark or losing one tinderbox.

Meanwhile, local entrepreneur Leon Robbins is planning to add a new mixed-use development to the eastern end of Northeast’s H Street corridor, AKA the Atlas District. Robbins, who currently owns and operates Stan’s Inc., a men’s discount clothing store on the same street, plans to build new three-story building on a vacant lot at 1383-85 H Street NE – one that promises add new office space and possibly another entertainment venue to the nightlife-centric neighborhood.
The 7,000 square foot project will be comprised of a commercial or retail ground floor with a second story mezzanine and, finally, a third floor of office space. Robbins’ intent, in accordance with the H Street Northeast Arts Overlay, is to purpose the first floor space for an unspecified entertainment venue. Specifically, the developer has been in talks with an established DC comedy club about the possibility of bringing another location to H Street. (As specified under the overlay, ground-floor space must be put towards “an arts, retail or service use” and must “contribute to sidewalk activity and neighborhood vitality.”) The mezzanine would then be used as “back-of-the-house office” for the club’s management. While the new building will not feature a green roof, due to constraints its $750,000 construction budget, the development will feature a roof deck, planted gardens and an isolated “interior court.”

The project will feature no on-site parking. An architectural consultant to the project, Jennifer Fowler of Fowler Architects, said before the Board of Zoning Adjustment that parking was "impossible" due to its landlocked nature. “The characteristics of the property make it unique…There is no alley access. It is impossible to provide parking.” The BZA agreed with that assessment and has lent their approval to the project, as have the Office of Planning and the local ANC 6A.

“We are very excited about this project coming to H Street,” said ANC member Drew Ronnenberg. “First of all, I think it’s an example that shows design guidelines work…I think the high quality of this building shows the kind of things that our ANC and all of H Street wanted it to bring and this is it. This bears fruit.”

Final designs for the project are being handled by Robbins’ brother, David Robbins of the Baltimore-based Architecture Collaborative Inc. The developer plans to begin construction in August of 2009.

Tuesday, January 20, 2009

Affordable Housing Expands in Adams Morgan

1 comments
Jubilee Ontario Court project at 2525 Ontario Road, NW, will complete in February, expanding services for low- and moderate-income residents, repurposing the 86 year old apartment building into a 22 unit residence. The renovation reclaimed the basement level of the building, underpinning the entire lower level of the building for JumpStart, a 24-hour learning/care facility, the first of its kind facility in the area designed to provide child learning and care for low income working parents. The building was the site of a visit by then President Jimmy Carter when he launched his affordable housing initiatives.

As a condition of the DHCD loan, all of Ontario Court’s units will be affordable to households earning less than 80% of area median income for a period of 47 years. Ontario Court was financed with $8.6 million in New Markets Tax Credit loans from Enterprise, a Columbia, Maryland based affordable housing provider, and built byJubilee Housing, Inc., a 34-year-old private, faith-based, non-profit organization that provides affordable housing and supportive services to economically disadvantaged residents of Adams Morgan. The project was designed and overseen by Bonstra | Haresign ARCHITECTS.

Friday, January 16, 2009

Light Rail Locked for the Purple Line

3 comments
In keeping with last month's staff report, the Montgomery County Planning Board endorsedCapital Crescent Trail light rail, montgomery County, Chevy Chase light rail as the preferred mode of Purple Line transport in a 4-1 vote yesterday afternoon, decidedly nixing the prospect of a rapid bus transit alternative. The vote came at the end of two-session round of public testimony that drew nearly 50 speakers and hundreds of pieces of correspondence - many of them supporters of the embattled Capital Crescent Trail that shadows the Purple Line's proposed 16-mile route from Bethesda to New Carrollton.

Board Chairman Royce Hanson cited light rail's proclivity for speedier transport, greater passenger capacity, longer 50 to 60 year lifespan and compatibility with existing Metro and MARC sysMetro MARC bethesda light rail, Royce Hanson, DC real estate for leasetems as benefits of the selection. Despite any advantages, the new light rail will cost millions more than bus service; current projections predict that the cost of the project could rise as high as $1.6 billion.

Preliminary engineering for the Purple Line is scheduled to begin this August, although work on the line itself won’t begin before 2012, at the earliest. At present, the project’s next stop is a Montgomery County Council committee meeting on January 22nd, which will then be followed by a full public session on January 27th.

Maryland commercial real estate news

Deputy Mayor Forges Ahead on Janney-Tenley

17 comments
Tenleytown library, Deputy Mayor for Economic Development DC, LCORThe Tenley turf wars heated up this week, with the Fenty administration's renewed support of LCOR's redevelopment plan for the Tenley Library site. Two months after submitting a letter condemning the Janney Elementary/Tenely Library redevelopment's proposals, Washington DC City Councilmembers Mary Cheh and Kwame Brown have received a reply from Deputy Mayor Neil Albert. The letter obtained by DCmud outlines the Office of the Deputy Mayor for Planning andTenleytown library, Deputy Mayor for Economic Development DC, LCOR, Janney School Economic Development's (ODMPED) stance on the project, while the same time dismissing the representatives' call to abandon the project's proposed residential component.

"As I am sure you are aware, the original rationale for this project is two-fold. First, it is part of a District-wide effort to capitalize on transit-oriented development. The site offers the District the rare opportunity to leverage a parcel across the street from a Metrorail station, bringing additional residents and workforce housing units to an underserved Wisconsin Avenue corridor,” states Albert in a letter dated January 12th. “Second, the money the District will receive in the form of a prepaid ground lease will be used to move the Janney School modernization up in the queue from Fiscal Year 2014…to Fiscal years 2009, 2010, and 2011.”

As a recap of the battle, the struggle involves the Deputy Mayor, who is interested in developing the metro-centered site and chose LCOR as project developer, DCPL (the public library), which wants to replace the library closed down three years ago, Janney parent groups, which don't want to cede an inch of existing outdoor space to an apartment building, DC Public Schools (DCPS), which will have to renovate the school system if a developer does not pony up, and a determined group of locals that have filibustered every large development in the area, and successfully thwarted the first developer for the site.Albert supports the residential tower atop the new library, reasoning that “a stand-alone library would eliminate any potential cost savings for the library, would make any future development on the site cost prohibitive and would require much more of…Janney Elementary[‘s] green space.” The latter is a reference to objections by the Janney School Improvement Team (SIT), which withdrew their support - along with Cheh and Brown – for the cession of existing green space to the development. But Albert counters that LCOR’s revised plans now result in “a net gain of 300 square feet of green space at the school” through conversion of pavement to turf. Though Washington DC commercial real estate for leasesuch plans have yet to be released publicly, the Deputy Mayor states that a “fully formed proposal” will be unveiled on February 10th.

As previously noted, DCPS have had little say in the direction of the project, while DC Public Libraries (DCPL) have been privy to the bulk of the negotiations between ODMPED and LCOR . “Preliminary estimates show that [DCPL] will save approximately half of its construction budget under this mixed-use scenario for their new 20,000 square foot library. This amounts to approximately $5 million in cost savings,” says Albert - though when initally estimated by ODMPED, the library sported a projected cost of $16 million. This most certainly is not the last word on the project.

Washington DC commercial real estate

Thursday, January 15, 2009

Eckington Affordable Housing: A Moving Story

25 comments
In rare confluence of church and (real e)state, Eckington's St. Martin's Parish and NorthStar Development and Consulting have come together to produce a new 178-unit affordable housing project in Northeast Washington DC. Initially obstructed by the community, which objected to the proposed demolition of a historic church convent at 116 T Street, NE, the development team agreed to physically move the convent. Just this week, Hamel Builders rolled the edifice 80 feet east of its original location (the nuns were previously evacuated) and, in doing so, freed up the lot so that construction on the $41 million project can commence posthaste.

Upon completion, the new 241,000 square foot project will boast a combination of one-bedroom public housing units available at 30% AMI and two-bedrooms available at 60% AMI - which in sum total, in the words of Reverend Michael Kelly of St. Martin's, makes it “the largest affordable housing project in DC.”

According to Neal Drobenare of NorthStar Development, the apartments will have "two internal landscaped courtyards, a business / computer center, internet café, wireless internet access, full fitness center and community room…[plus] a full level of underground parking." At present, the new development remains untitled, as NorthStar has yet to “hit upon a final name that conveys a market rate level of quality, respect[s] St. Martin Parish's sponsorship, and the secular nature of the apartments themselves.” The project is expected to reach completion in the first quarter of 2010. Grimm & Parker is designing the new building.

The Catholic Charities of the Archdiocese of Washington will control the apartments through a subsidiary, which will then pay St. Martin's Parish to lease the land underneath. Said De Drebonare:

“St. Martin's Parish will continue to lead our neighborhood steering committee, which has representatives from nearly all local churches and civic associations [and] will help build bridges between the neighborhood and our residents, as well as keep our feet to the fire on operating at a market rate level of service. A third party manager will run the building.”

According to Drebonare, the matter of transplanting a former nunnery wasn’t the only obstacle encountered by the development team since planning began in 2007. "The closing of the financing was quite the cliffhanger as [the] financial markets collapsed around us…we managed to close the day before the complete meltdown of the stock market in October."

Looks like someone up there was looking out for them.

Wednesday, January 14, 2009

Knee Deep in New Development at Fort Totten

6 comments
DC Mayor Adrian Fenty was joined by representatives of Lowe Enterprises today to announce the sale of a city-owned parcel at Riggs Road and South Dakota Avenue, NE, in the Fort Totten neighborhood, that will soon be transformed in a million square foot mixed-use development. Although initially unveiled as "The Dakotas" way back in 2006, new details concerning the project are now being released. The project will be built in three phases and include 898 residential units, along with 94,000 square feet of retail space.

"If you've ever been to Riggs Road in the area of South Dakota Avenue, you know it is an area of boundless potential...We are at the point where we are going to maximize that potential,” said Fenty.

The first phase, to be entitled Ft. Totten Square, will occupy the site of a vacated strip mall on the intersection’s northwestern quadrant. The 4-story building will house 468 residential units – 94 of which have been earmarked for affordable housing - and 71,000 square feet of ground floor retail, which is to be anchored by a full-service grocery store. 500 parking spaces will also be included in the development. Construction on Ft. Totten Square is slated to begin later this year and will be followed shortly by a second phase, the so-called Dakota Pointe across the street, which will include 170 units of housing and the requisite parking.

The project’s third and final phase – the Dakota Flats – will include the triangular parcel relinquished by the District at the development's southern-most point. It will feature 260 apartments with 52 reserved as affordable, 23,000 square feet of retail. According to the Mayor, construction of the Flats will “be set to close in 2011.” In addition to Lowe, the development team also includes Jack Sophie Development, City Partners Development and mixed-use planners StreetSense. Hickok Cole Architects are designing the project. Ellis Denning will serve as general contractor. The total cost of the project is currently estimated to be roughly $80 million.

Both the City and development team were keen to highlight the infrastructural improvements they have in store for one of the city’s busiest intersections. “We are working on making this a safer intersection because traffic is fast,” said Ward 4 Councilwoman Muriel Bowser. “We have thousands of hardworking, taxpaying citizens in Riggs Park who take their lives into their hands to get the Fort Totten Metro. We’re going to change that.”

In doing so, the District plans to eliminate the highway-style on-off ramps that guide traffic onto Riggs Road and include improved pedestrian crossings – while serving as a gateway to nearby Prince George’s County. “There’s not many more thoroughfares with much more traffic than this one right here,” said Marc Weller of Ellis Denning. “People came across the line into DC and the first thing they’d see is just a sign and vacant parking lot. We’re trying to create something much different than that.”

That change, however, has been a long time coming. Weller told DCmud that over the course of two years “overall market conditions [have] repositioned the project so that it could work in today’s markets.” Neither party would disclose the terms of the LDA, but details will be revealed as the project moves closer to fruition.

Tuesday, January 13, 2009

District's Ft. Totten Land Agreement to be Announced

3 comments
JackSophie Development, Hickok Cole, City Partners, Washington DC real estate newsThe DC government will hold a press conference on January 14th at 10:30am to announce a land deal transferring title of land from the District of Columbia to Lowe Enterprises and JackSophie Development. The property, at the Ft. Totten Metro station, was initially announced two years ago, without JackSophie Development, Hickok Cole, City Partners, Washington DC real estate developmentfurther development. The Land Disposition Agreement (LDA) will bring up to 900 residential units and 100,000 square feet of retail in the first of three phases to the intersection of Riggs Road and South Dakota Avenue, NE. The city values the project at $80m.

Details of the LDA, which was to be held on the 5th but was abruptly canceled, are being withheld. The Fort Totten development team also includes Hickok Cole Architects, Ellis Denning, City Partners Development, and mixed-use planners, StreetSense.

Washington DC commercial real estate news

The Ritz Gets Low-Income Makeover

4 comments
Local affordable housing provider Jubilee Housing, Inc. has begun renovating its flagship Adams Morgan property, the Ritz, at 1631 Euclid Street, NW. In addition to revamping the economically priced units in the 82-year-old Adams Morgan apartment building, the renovation will also allow Jubilee to relocate their corporate offices off-site and reallocate the space to an array of community interests.

The nearly $7 million renovation will amount to 60 units of affordable housing for Jubilee – which breaks down as 10 efficiencies, 20 one-bedroom, 10 two-bedroom and 10 three-bedroom rental apartments. According to Kathy Guillaume, Jubilee’s Director of Development, new amenities planned for the Ritz include community-oriented additions such as a "computer center, multi-purpose classrooms, community room, [and an] after school center for teens," in addition to energy efficient infrastructural upgrades for the apartments and communal areas. Hickok Cole Architects is designing the renovation, Ellis Denning is serving as general contractor.

Jubilee will move out and into a new location on Colombia Road, allowing for the creation of a new teen center. The Ritz has been under Jubilee’s control since the company’s founding in 1973, when it was one of the first two properties acquired by company executives Terry Flood, Barbara Moore and Carolyn Banker with the aid of Enterprise Community Partners founders, Jim and Patty Rouse. Today, the Ritz is the largest of seven Adams Morgan apartment buildings owned and operated by the company. As part of their “Campaign for the New Jubilee,” the affordable housing operator has been conducting top-to-bottom renovations of all their properties. In addition to the ongoing work at the Ritz, their Ontario Court building (2525 Ontario Road, NW) is also currently undergoing renovation procedures; work on their Mozart (1630 Fuller Street, NW), Marietta (2418 17th Street, NW) , and Fuller Court (1650 Fuller Street, NW) buildings concluded in 2008. Renovations on Jubilee’s two remaining properties, the Euclid (1740 Euclid Street, NW) and the Sorrento (2233 18th Street, NW), are scheduled to commence later in the year. Work on the Ritz is on track to wrap up in July of 2009.

Sunday, January 11, 2009

Arlington's Wilson Boulevard Scores, Part II

0 comments
Call it Revenge of the Nerds Part IX. Science teachers and land developers, in a pointyheaded alliance, are joining forces to take over the cool restaurateurs of Wilson Boulevard in Arlington. The National Science Teachers Association (NSTA) has teamed with developer DRI to expand their Arlington headquarters at 1840 Wilson Boulevard, demolishing two neighboring facilities that currently house the Rhodeside Grill and Il Radicchio restaurants, and replacing them with a new 71,840 square foot office and retail complex.

The site - which fronts North Rhodes Street, Clarendon Boulevard and Wilson Boulevard - also adjoins a Hollywood Video surface parking lot (driving out to get videos, that's so 2007) that will also be re-appropriated for NSTA use. Parking, in fact, seems to be one of the main factors propelling the project forward. The development team plans to tunnel under the NSTA’s current building to install a new three-story parking garage, with another two planned for beneath the new structure. The hope of the Arlington County Planning and Transportation Commissions is that such maneuvers will “recapture shared parking for use by the public” in the rapidly growing Rosslyn - Ballston corridor with its two simultaneous projects next door (1716 Wilson and 2000 Wilson).

The building will top out at 6-stories and include a sixth-floor conference center that will host NSTA conferences and local community events. Meanwhile, a free-standing retail component will measure in at 10,160 square feet that will go towards a local restaurant or retailer like the ones it displaces. By doing away with the two diminutive office structures currently at the site, NSTA and the County hope to “create a better urban edge along Clarendon Boulevard” and, according to DRI, craft “a gateway into the downtown Courthouse.” The project is being designed by Davis Carter Scott and is aiming for LEED silver certification.

The NSTA received County Board approval for the project on November 15 and their current site plan – barring any major changes - will remain valid through November 2011. Progress appears to moving along swiftly, and NSTA has retained both construction and traffic engineers for the project. DPR Construction Company will serve as general contractor. Once completed, the new NSTA headquarters will be within an earshot of Elm Street Development's 2000 Wilson project, as well as George Contis' 1716 Wilson Boulevard development.

Arlington Virginia real estate development news

Saturday, January 10, 2009

Arlington's Rosslyn Reinvention Continues on Wilson Blvd.

4 comments
Christian Moeller, Lincoln Property Company, Arlington Virginia real estate developmentThe Rosslyn reinvention continues on into 2009, as Dr. George Contis plans to scrap the current headquarters of his own health services company, the Medical Service Corporation International (MSCI) at 1716 Wilson Boulevard, in order to make way for a neArlington Virginia county planning, MSCI, 1716 Wilson Boulevard, Rosslyn, RTKL, Lincoln Property Companyw 134,000 square foot mixed-use development. In a counter-intuitive twist, the project will receive a county subsidy for not building density near the Metro-centered project. The 5-story, RTKL-designed project will include 108,000 square feet of office space, coupled with 27,996 square feet of ground floor retail that is intended to wrap around three sides of the building and possibly include a small grocer as well as a restaurant or two (at least until local banks throw money at them to take the space), though the adjacent 1800 Wilson has vacant retail space remaining, two years after the project's completion, which must give them pause. The development will sit atop a 231-space underground parking garage and include an extension of Quinn Street between Wilson and Clarendon Boulevards, in order to provide a new connection to the adjoining Colonial Village Shopping Center. According to the Rosslyn Business Improvement District, Contis has also contemplated constructing a “small pedestrian plaza” at the site that will serve bikers from the nearby Arlington Boulevard, Key Boulevard and Curtis Parkway Trails. In keeping with the wishes of the Arlington County Planning Commission (ACPC), the project will also include a public arts component by artist Christian Moeller, funded by a donation from the Lincoln Property Company. The developer intends an appeal to greenies with a LEED silver certification. The pediatric cardiologist-cum-developer owns all office-converted residences at the site; the Arlington Motor Cars, the Medical Services building and a small clothing retailer will be demolished in the coming months to make way for the new development. 

Once completed, MSCI will continue to use 1716 Wilson as a base of operations for their continuing health services programs in various developing countries. The Arlington County Housing Commission’s Bricks & Mortar Subcommittee ruled in September 2007 that the development will be eligible for upwards for $400,000 in county affordable housing contributions, despite the lack of a residential component within the project. This is due to a complex system of exemptionsArlington Courthouse, DRI Development, Elm Street Development, Donohoe, RTKL, 2000 Wilson Boulevard within Arlington County zoning and density statutes that reward achieving particularly low-density at a site zoned as “’Medium’ Office-Apartment-Hotel.” The project was approved by the ACPC the following month. Most developers are still opting for size over subsidy, however, and will add to the "gateway into the downtown Courthouse" such projects as DRI’s expansion of the National Science Teachers Association headquarters at 1840 Wilson Boulevard, Elm Street Development’s sort-of-under-construction development at 2000 Wilson and Donohoe’s residential WRIT-Rosslyn Center at 1650 Wilson. Correction: Due to a misinterpretation of Arlington County documents, we erroneously stated that the $400,000 affordable housing contribution mentioned above would be going towards the project. In truth, it is the other way around; according to David Cristeal of the Arlington County Housing Division, “This would be a contribution TO the affordable housing fund…[it] should be clear that funds would be coming from the development to the County/Affordable Housing Fund."

Arlington Virginia retail and commercial real estate news

Thursday, January 08, 2009

SW Waterfront Nets its First Casualty

6 comments
Hoffman Struever, fish market, wharf southwest, Eccles Rouse, DCJust weeks after the City Council's approval of a Land Disposition Agreement authorizing the Hoffman-Struever, LLC’s redevelopment of the Southwest Waterfront, progress, of a kind, is already being made. The first casualty Hoffman Struever, fish market, wharf southwest, Eccles Rouse, DC retail for leaseof the development process appears to be the Virgo Fish House – a staple restaurant of the famed Maine Avenue Fish Market. Shrimp cocktail enthusiasts shouldn’t fret, however; while the restaurant’s current quarters are scheduled to be demolished in tandem with another abandoned property at the site, the remainder of the Washington landmark at 1100 Maine Avenue, SW, will be safe for the foreseeable future. "The blue building, which formerly operated as a crab house [will be razed],” says Nina Albert, a Project Manager with the Office of the Deputy Mayor for Planning and Economic Development. “That blue building will be replaced with a temporary Fish Cleaning Building, and...the building that Virgo’s is currently operating out of will be demolished. The intent of these small moves is to keep the Fish Market in safe and operable condition until the redevelopment occurs.” That redevelopment by the Hoffman-Struever development team – which is officially comprised of comprised of PN Hoffman, Struever Bros., Eccles & Rouse, McCormack Baron Salazar, ER Bacon, Gotham, City Partners, Triden and the recently added Paramount Development – isn’t expected to begin anytime before 2011, but it’s also worth noting that the Maine Avenue Fish Market was also targeted by 2008’s National Capital Framework Plan. The Plan – drafted by the National Capital Planning Commission - seeks to reintegrate Maine Avenue into the fabric of daily life in the District by refurbishing the Market’s home at the Overlook and linking it with an extension of 10th Street, SW.


Washington DC retail development news

The North Star of Shaw Development

3 comments
Northwest Washington's Shaw neighborhood could receive its first New Year’s batch of condominiums as soon as next month. Currently under construction at 1910 8th Street NW, the Stella Polaris Condominiums will be bringing five upscale, 1,100 square foot units to the foot of the U Street corridor - within an earshot of popular local destinations like the 9:30 Club and Town.

The project is under the purview of Blue Sky Housing (not the similarly-named Blue Skye Development), a local developer whose last publicized project was the renovation and conversion of two Hanover Place NW apartment buildings into condominiums. Earle "Chico" Horton, a partner with the Graves & Horton LLC law firm and Blue Sky principal, tells DCmud that all of the units will feature 2 bedrooms and 2 ½ baths, in addition to amenities like “10 foot ceilings and high-end finishes.” Once completed in February, prices on ground floor units will start around $330,000, while top floor units will be "in the range of $480,000 to $500,000." Caltec Construction is serving as general contractor.

The project stands feet from the corner of 8th Street and Florida Avenue NW – an area that has hosted vacant lots since long before developers renewed their interest in the historic Shaw community. “Whatever structures were there were probably damaged in the 14th Street riots [of 1968] and subsequently torn down. It’s easily been over 20 years since there’s been construction at the site,” said Horton. ‘“Once people get financing, I think they’ll be a lot in store for the area. I was one of the original buyers of Harrison Square back in 2000. I’ve been in the area for a while and have seen the growth, which has been good.”

Indeed, growth is continuing unabated in the neighborhood. A few blocks away Castlerock Partners will be constructing the sprawling Howard Town Center project, while a parcel literally around the corner at the 9th and U Streets NW – currently the site of a weekly flea market - has been slated for redevelopment by the Washington Metro Area Transit Authority. Those projects are set to join Ellis’ recently-approved redevelopment of the Howard Theater, and other in-the-works efforts like Broadcast Center One, the Wonder Bread Factory and O Street Market complex, as possible additions to the Shaw of the new millennium's second decade.

DC's Development Pipeline in 2009

1 comments
Developmentally speaking, 2008 was a big year for the District of Columbia. While it was the annus horribilus for real estate, it did witness the opening of eagerly anticipated projects like CityVista, Union Row, and of course, Nationals Stadium, to name a few, and saw other big ticket developments like the Southwest Waterfront project and The Yards stride further toward realization.

Still, many District-solicited projects await the green light to begin construction, in the process of selecting a team or are still up for grabs. Here's a breakdown of those projects and where they stand for 2009.

Available Proposals:

In one of their more unique offers, the Office of the Deputy Mayor Planning and Economic Development (ODMPED) is currently seeking a developer to take control of a 13.5-acre concrete manufacturing facility at 1515 W Street, NE. The site is currently operated by the District Department of Transportation, which plans to vacate the facility by August. Any new tenant will be required to submit to a ground lease agreement for a minimum of 10 years. Proposals for the “Develop and Operate a Concrete Plant Solicitation” are due by January 9th.

As previously reported, ODMPED is currently seeking a development team to revitalize two long-abandoned properties at 400-414 Eastern Avenue and 6100 Dix Street, NE, in the Deanwood neighborhood. The city government is looking to redevelop the properties into an affordable housing complex with a local retail component. Proposals are due to ODMPED by February 16th.

One of the bigger projects currently on deck with the city government is the redevelopment of several “excess” schools, closed due to recent budget shortfalls and threadbare facilities. These include Backus Middle School, Grimke Elementary School, Hine Junior High School, the Langston School, M.M. Washington High School, the historic 1911 school building of Randle Highlands Elementary School, Rudolph Elementary School, the Slater School, the unoccupied portion of Slowe Elementary School, Stevens Elementary School, and Young Elementary School. The sites will not be put to their former use; any plans will be considered, provided they exhibit a “creative vision for development or reuse” and “an understanding of neighborhood context.” A pre-bid conference will be held January 9th, proposals for the redevelopment of any or all of the facilities are due by February 27th.

ODMPED has also “amended and restated” their solicitation of offers for the Park Morton public housing project redevelopment that had been previously announced in September of last year. Proposals for that project are now also due by February 27th.

Proposals Submitted:

Bidding recently closed on three vacant parcels the District intends to re-appropriate as parking lots: 463 I Street, NW (available for 24 months until construction commences on Donohoe’s Arts at 5th & I project), 2 Patterson Street, NE and 33 K Street, NW (formerly the demolished Temple Courts public housing complex).

Proposals were received in September for two District-owned parcels at Fourth/Sixth and E Streets, SW – one piece of which is intended to house the Metropolitan Police Department’s new Consolidated Forensic Laboratory.

An announcement is anticipated soon regarding proposals submitted in October for the Hill East Waterfront/Reservation 13 project, which is intended to include more than 5 million square feet of mixed-use development and an extension of Massachusetts Avenue, SE – the latter of which is already underway. As of November, the District had narrowed down the contenders to competing four development teams.

The so-called “Lincoln Lots” – two V Street, NW parcels adjoining Shaw’s historic Lincoln Theatre – were also the subject of an RFP that closed this past September. ODMPED was seeking “developers to assist in repositioning real estate associated with the [theatre] to complement and benefit the ongoing operation of the Lincoln.”

Development Partners Selected:

Of the projects solicited by ODMPED over the past year, the majority have already been snatched up by development teams. These include Blue Skye Development, in concert with the Mayor’s New Communities Initiative, for an abandoned apartment complex at 4427 Hayes Street, NE; Donatelli Development and Mosaic Urban Partners for two parcels at 3813-3815 and 3825-3829 Georgia Avenue, NW; Blue Skye Development and the Educational Organization for United Latin Americans for the abandoned Tewkesbury building at 6425 14th Street, NW; Argos Group for two District-owned Capitol Hill properties at 525 Ninth Street, NE and 1341 Maryland Avenue, NE (aka Old Engine House 10); Donohoe Companies for the Arts at 5th & I project in the Mount Vernon Triangle; Donatelli Development and Blue Skye Development for the $108 million mixed-use project adjoining the Metro station at Minnesota Avenue and Benning Road, NE; the William C. Smith & Co., Jair Lynch Companies, Banneker Ventures LLC and CPDC for the $700 million, 1600 unit Northwest One New Community that also includes retail, office and medical components; Clark Realty for the massive, $2.5 billion redevelopment of Southeast’s Poplar Point community; and, lastly, Washington Community Development Corporation and Banneker Ventures, LLC for the transformation of Deanwood’s dilapidated Strand Theatre into a mixed-use retail and office complex.

Tuesday, January 06, 2009

Post Park Coming Soon to Post-Hyattsville

1 comments
After forty years of relative imperviousness to real estate development in neighboring Washington DC, the Prince George’s County hamlet of Hyattsville is finally taking advantage of its seat just one mile from the District line. First came new development at the aging University Town Center, which was followed shortly by EYA’s Arts District Hyattsville project – an ongoing undertaking that’s been a shot in the arm for the town’s main corridor along Route 1. Now Atlanta-based developer Post Properties, Inc. has begun construction on a new phase; their Post Park development at 3300 East West Highway.

Located on a 7-acre parcel just off of MD 410, Post Park will be a serious addition to the Prince George’s County market – especially along the busy thoroughfare known more for its drive-thrus and strip malls than big ticket residential properties. The developments primary building will measure in at 466,700 square feet and four to five stories, for a total of 364 new residential units. 1750 square of retail space will occupy the building’s ground floor, while a 544-space parking garage will serve residents only (and not patrons of the Prince George’s Plaza Metro Station just 1600 feet away).


Post has dubbed their units “apartment homes” and will be offering, in "late 2009," finishing touches like stainless steel appliances, granite countertops, ceramic tile floors, high ceilings, and access to the in-house fitness center and swimming pool to prospective residents. Per a request from the Prince George’s County Planning Board (PGCPB), the developer will also be constructing an 8,000 square foot plaza at the intersection of East West Highway and Toledo Terrace and include a connection to the neighboring Northwest Branch Stream Valley Park – one that according to PGCPB “will contain little or no transition to the park and…make the park an amenity for [Post Park] residents.” Niles Bolton Associates is handling designs for the project, while Clark Builders Group is serving as general contractor.In a move similar to EYA’s intentions for the township, Post - in tandem with the Hyattsville Community Development Corporation (HCDC) - is currently accepting submissions from local artists interested in contributing to the project’s public arts component (and the more they stand out against their Home Depot backdrop, the better). Any and all entries are due to Stuart Eisenberg, Executive Director of the HCDC by January 16th.

Prince George's County real estate development news

Monday, January 05, 2009

Crystal City, Aster is Born

2 comments
After almost four years in the development pipeline, the project known to some as the North Tract Apartments, were approved by the Arlington County Planning Commission way back in July of 2005, are under construction, this time as The Aster at Crystal City.

Located at 305 10th Street South, the site was initially under the control of Archstone-Smith, which sought to construct two 5-story buildings with a total of 184 "luxury apartment homes" - including some with third-level mezzanines. In 006, however, the site and accompanying plans were sold off to Atlanta-based developer York Residential under the guise of North Track Apartments, LLC, but the project sat for some time thereafter.
DCmud is now happy to report that construction is bristling along on the once dormant project and it's sporting its new Aster moniker. York is currently projecting a third quarter 2009 completion for the first building and a fourth quarter finish for the second. Once finished off, the Aster will come in at 228,000 square feet, include 15 affordable-priced apartments and meet the LEED standard for green certification (albeit the lowest one possible, with 24 points). Additionally, in keeping with the framework plan established by the Crystal City Planning Task Force, the County will take advantage of the development’s close proximity to Long Bridge Park (once known as North Tract Park) to establish a pedestrian/biker-friendly linkage between the two.
Arlington Virginia commercial property news
Initially, Archstone had intended to pass two units off to retailers to serve the needs of park patrons. There’s no word on if that deal still stands, but perhaps Monument Realty's neighboring Monument View project - only made possible due to a June land swap between the developer and the County - will acquiesce if York does not.  Designs for the project were prepared by the Preston Partnership. ONCORE Construction is serving a general contractor.

Washington DC restaurant and retail news













 

DCmud - The Urban Real Estate Digest of Washington DC Copyright © 2008 Black Brown Pop Template by Ipiet's Blogger Template