Wednesday, August 12, 2009
Alexandria's Eisenhower Project Close to Approval
One of the conditions for final approval requires the developer to work with the City and the Alexandria Redevelopment and Housing Authority (ARHA) to consider providing 16 public housing replacement units, rather than the proposed affordable units. Additionally, Lane will have to create a Transportation Management Plan (TMP) fund, based on the goal of reducing single-occupancy vehicles by 45%. The TMP translates into a built-in fee per unit and is meant to act as a disincentive for driving; if the building occupants are able to reduce single-occupancy vehicles by more than 45%, the fee will be reduced. The idea behind the TMP is to encourage the use of public transportation, given the proximity of the Metro station.
The entire development is being designed by James Wright of Lee Harris Pomeroy Architects. The buildings will weigh in at 22 stories and 19 stories for the residential towers, and at 15 stories and 13 stories for the office towers, the combination of which will include a 515-space parking garage, 5,700 square feet of ground floor retail and 485 residential units. Not small beans for a DC area project.
Construction dates depend on how quickly (or not) Lane works to push through their final site plan. According to Natalie Sun, an Urban Planner for the City of Alexandria, even with final site plan approval, if there is no "substantial construction" the new approval would not expire until June 13, 2012. Which may, just possibly, allow enough time for the commercial and residential markets to correct.
Tuesday, August 11, 2009
Inclusionary Zoning: DC's Mandatory Subsidized Housing Rules Kick In
Monday, August 10, 2009
Georgia Avenue School Demolished for Mixed-Use Project
According to ODMPED Communications Director Sean Madigan, the Mayor's office will issue an RFP "in the next few weeks" to select a developer to turn the 119,000-s.f. site into what "could include new housing and retail on the site as well as a new school." DC Public Schools’ Office of Public Facilities Management has been tasked with overseeing the school's development, while ODMPED and the DC Department of Small & Local Business Development share the responsibility of seeking a partner for the project’s mixed-use component.
The task of knocking down the existing school falls on General Contractor EEC of DC, which handled asbestos and PCB abatement, and The Berg Corporation, which will handle actual demolition. According to a source from Berg, 95% of the material (by weight) on the site will be recylced, a large portion of which is brick that will be ground and used for structural backfill. Demolition is expected to take about 10 weeks; the Mayor's office had initially predicted the school would be ready for the fall of 2011, but says that now seems unlikely.
Several shootings on the site in 2007 prompted Mayor Fenty to undertake additional neighborhood improvements and evaluate the state of the school. Most of Bruce Monroe’s former student body and staff have been removed into Park View Elementary at 3560 Warder Street, which will in turn close once Bruce Monroe is ready.
Washington DC real estate development
Manna Plans 24 New Condos in Anacostia
Friday, August 07, 2009
Arbor Place: A Pulse Detected
Labels: Abdo Development, Broadway Development, New York Avenue, Shalom Baranes Architects, Torti Gallas
Thursday, August 06, 2009
Lincoln Theatre - The Development Show Must Not Go On
In April 2008, Mayor Adrian Fenty announced a Request for Proposals (RFP) for the district-owned property abutting the U Street theater, with a September, 2008 application deadline for the "Lincoln Lots." According to sources in the office of the Deputy Mayor for Planning and Economic Development (DMPED), no developer was selected and the RFP has been pulled for "economic concerns." The DMPED's office will not comment on when the RFP was pulled, how many offers were received, or any explanation for dropping the plans. Other city officials seemed unaware of the Lincoln's status; spokesmen for the Lincoln refused to comment (unless a hang-up is a comment) for this story.
At least part of the impetus for development was the theater's shaky financing, which required annual payments from the District and led to a cash infusion from the District in 2007 to prevent it's imminent closing. Proceeds from development were to seed the theater with extra cash to keep it operational.
The two parcels on V Street total 11,788 s.f. of space in a neighborhood bursting with new and planned development. At the time the RFP was released, the Mayor suggested a hotel or office would be an ideal development to share parking with the theater and provide "flexible event space, including a restaurant-quality kitchen, which would be managed by the theater management." The new structure was meant to help solidify "the Lincoln [Theatre] in the regional cultural market."
**UPDATE 08/10/09** The Office of the Deputy Mayor for Planning and Economic Development sent DCMud the following statement as a follow-up to our post:
The District remains firmly committed to the success of the historic Lincoln Theatre. The U Street Theatre Foundation Board, its Executive Director, and overall team have made significant improvements in the operations of the theatre. Theatre management has formed strategic partnerships with a variety of cultural groups to further enliven the U Street corridor and to make the institution an anchor for the broader community. The District’s issuance of the Solicitation was to intended to provide supplemental support of the theater’s operations. The District’s decision to terminate negotiations with the potential development team last year was made to ensure the public interest in being able to produce that supplemental support. It is anticipated that a Solicitation will be issued for those same properties once the current economic climate changes.
Wednesday, August 05, 2009
Mount Vernon Triangle Waits for All that Jazz
Labels: Donohoe Companies, Holland, Mt. Vernon Triangle
The Arts at 5th and I will keep Mount Vernon residents waiting for just a bit longer. Donohoe Companies won the right to develop the promised high-end hotel, retail outlets and jazz club in September of 2008, but the District has been negotiating the terms of the land lease for the project with Donohoe. According to Memphis Holland, a Partner at co-developer Holland Development, the group hopes to have a resolution to their negotiations by the end of next month.
Assuming the land disposition is approved by the City Council, the developers can then begin the planning process. Planning will take at least 12 months and construction would not begin until an unspecified time thereafter. The group is not expecting any zoning issues at this time, but in this business, you never know.
The 475,000-square foot development will center around a new 260-room ME Hotel from luxury Spanish hotelier, Melia, and also include a bicycle retailer, hardware store, book store/café and new outlet for the Zenith Art Gallery. One update to the original plan is that the Boisdale Jazz club will likely not be in the hotel, but rather at a location down the street at 5th and K, which Donohoe is negotiating terms for, leaving the in-house space for another restaurant. The building at 5th and K falls under the confines of the Historic Preservation Review Board so the structure would be preserved and renovated for the club and restaurant.
According to Holland, the developers have been in constant communication with the community and once they have approval from the City Council will re-engage the local ANC and the downtown neighborhood association. Zenith Art Gallery recently closed its physical location and is functioning from an online gallery. According to Judith Keyserling of Zenith, the gallery founder anticipates that the new space is still several years off.
It is unclear when the plans for the remainder of the 5th street project will fall into place. For now we know that the hotel, restaurants and retail are in the works, but the music won't be heard for a few more years.
Outdoor Market Coming to Silver Spring
Development of downtown Silver Spring has meant new energy and new businesses, making it hard for some to compete. Ergo, McCann says there is concern that "some of the smaller businesses will be priced out by the new business.” Her plan for the market is to bring unique vendors to the area with the hope of encouraging new small businesses
McCann hopes to have a mix of crafts, art, antiques and services, like a Henna artist and an orchid seller who teaches repotting, but has been working with the founders of the Eastern Market and is following their advice to be open-minded about the type of vendors. Timed to correspond with the nearby farmer's market, Fenton Street Market could become a natural next step in a Silver Spring Saturday afternoon.
McCann said she is trying to take care of licenses and insurance and to keep booth space inexpensive. Both 10 x 10 and 10 x 20 booths are available and range from $15 to $25 a day. And really, where else can you rent space at that price this side of Kabul.
The market's hours for the public are 9 AM to 2 PM. Free parking is available in public lots across Fenton Street. Vendors should plan to arrive at 7 AM.
Tuesday, August 04, 2009
Judiciary Square Apartment Building Opens
Labels: Hanover Company, Judiciary Square, Penn Quarter, WDG Architecture
LeDroit Park School Gets Hammered
Just last month DC’s Office of Property Management (OPM) had maintained their devotion to move city agencies out of leased space and into abandoned public schools. But it seems that a lack of parking and reported $18m in renovation needed to rehab the space, not to mention its architectural heinousness, has led city officials to conclude the city is better off without it.
A new park, designed by Lee and Associates, will include a dog park, a children’s garden, a playground and incorporate the existing community garden at 3rd and V Streets, NW. Construction of the park is slated to begin in October. Gage-Eckington closed its doors in mid 2008, in a move expected to save DC Public Schools some $659,000 in fixed costs per year.
Washington DC real estate development news
Monday, August 03, 2009
New Public Housing and Mixed-Income Units in Alexandria
On the 800-block of West Glebe Road, 48 new apartment homes will replace out-of-date public housing. On the 900-block of Old Dominion Boulevard the developer plans to rehabilitate two apartment buildings and construct a new apartment building and 18 for-sale homes, for 54 units. Ten of the for-sale homes will be targeted for workforce families. "The combination of rental and homeownership units will assure the continuing affordability of housing in Alexandria,” said ARHA Executive Director Priest.
According to Jennifer Hebert of EYA, two or three-bedroom workforce homes (pictured above, right), ranging in size from 1,024 to 1,416 s.f., will be priced from the low $300s, with a financial subsidy from the City of Alexandria to the buyer. The planned two or three-bedroom market-rate townhomes (pictured at left), ranging in size from 1,920 to 1,944, will be priced from the upper $400's.
Sunday, August 02, 2009
New Lending Rules to Slow Closings
New changes under the Truth in Lending Act (TILA), known as "Regulation Z", went into effect on Friday, and could have the effect of dragging out settlements. The rules, affecting mortgages and home equity lines of credit (HELOCS) for primary and secondary homes, require a disclosure and good faith estimate (GFE), but the changes add a seven day waiting period after disclosure before the lender can fund the loan, giving buyers time to ponder the disclosures.
GFEs were always required within 3 days of a loan application, but now if the annual percentage rate (APR) on the final loan changes by more than 0.125 percent, new disclosures and GFEs are required, and the 7-day cooling off period starts anew. Because a change in the interest rate or addition or reduction of points could change the loan APR, any change in mortgage terms could force the buyer to delay settlement by a week. The only exceptions will be for a "bona fide financial emergency;" presumably the agent's need for the settlement check will not qualify.
Reg Z rules were proposed by the Board of the Federal Reserve System, which governs TILA, as part of the implementing regulations for the Emergency Economic Stabilization Act of 2008 and Mortgage Disclosure Improvement Act of 2008, which passed Congress last October and July, respectively, during the waning days of the Bush administration as it found regulatory zeal in the economic crisis. Many financial institutions opposed the regulations as delay-of-game, while consumer groups supported the waiting period and the rule that exceptions be "tightly circumsribed."
Saturday, August 01, 2009
Drama Over Takoma Theatre
There's a new drama going on at the Takoma Theatre, but its not the theatrical kind. The Takoma Theatre Conservancy is pitted against Milton McGinty, the building's long-time owner, over the future of the Theater as either an arts/cultural center or an apartment building. The Conservancy has been raising funds for the purchase and maintenance of the theater, but McGinty maintains that it is not for sale. Can a preservationists force an owner to sell property? It would give "hostile takeover" new meaning.
The theater, located on the corner of 4th and Butternut Streets in Takoma Park, DC, was built in 1923. Architect John J. Zink designed The Takoma and many other theaters in the DC area, including The Uptown and The Atlas Center for the Performing Arts, which still serve DC neighborhoods. The DC Historic Preservation Review Board (HPRB) designated the building as an historic site.
In February 2007, McGinty submitted a request to the HPRB to raze the building, with plans to replace it with an office building. The Takoma Theatre Conservancy formed in opposition to the application, leading to the HPRB denial of the request to raze the building. McGinty is now working with architect Paul Wilson to design a five-story apartment building. The design would maintain only the facade and marquee of the original building, and include a new 100-seat theater on the first floor. McGinty and his architect discussed the plans on July 30th at the theater and are hoping to submit it for HPRB review in September.
Having prevented the Theater's destruction in 2007, the Conservancy now seeks to preserve the structure and use it for a community-based art and cultural center to contribute to the revitalization of the Takoma area. Renovation and purchasing costs have been estimated at $6.9 million, with $1 million a year needed to support programming. Nevertheless, the group is confident that they'll be able to obtain grants and funds needed to convert the building; even now they are in the middle of a fundraiser for building acquisition and rental.
So that's a wrap? Maybe not. McGinty placed the property in a family trust to prevent a sale and asserts that he never has - and never will - consider a sale (though at least one news article contradicts that.)
McGinty's decision to build the apartments hinged on his unsuccessful attempt to run the Theatre as an active venue for plays and shows that challenged racial biases. Apparently, the 500-seat theatre rarely filled more than 50 of them. McGinty chides the community as unsupportive and reactionary. In the 11 years he produced plays, McGinty claims that no one from the "Takoma Park area" introduced themselves or offered to help; only now that they want to preserve the theater do they acknowledge his work. "Everyone applauds me, but nobody ever came."
The building appraisal in 2006 concluded the community could not support a theater, so McGinty moved along with the apartment building design and intends to make it work within the constraints of the HPRB; though he told his architect to design the very best building he could and then to worry about HPRB standards.
The battle of wills continues in Takoma. The next act will take them back before the HPRB. Will the HPRB side with McGinty this time or will the Conservancy manage to secure a repeat performance?
*Picture by Loretta Neumann of the Takoma Theatre Conservancy.
Friday, July 31, 2009
Downtown Silver Spring Site Shoots for Green Office Building
Labels: Georgia Avenue, LEED, Silver Spring, Willco Companies
Replacing what is currently a parking lot, the building will top out at the maximum allowed height, 143 feet, and will provide 275 parking spaces in its five-story parking garage - one level below, four above ground. Proximity to the metro was a factor in the plan which offers 40% fewer parking spaces than allowed at max; an effort to promote mass transit and reduce local traffic. The remaining 8 stories above the garage will be the office space.
In addition to trying to secure an anchor tenant to fill the majority of the office space, Willco is trying to bring in a restaurant and another service-oriented retailer for the planned 6,000 square feet of retail on the ground floor (featuring two-story ceilings). Richard Donnally, the lead architect on the project and Senior Principal at Donnally Vujcic Associates, indicated that the developers are in talks with a "few firms," but nothing is secured and in writing. Ditto on the restaurant.
The team has submitted its site plan to the Montgomery County Department of Parks and Planning. Wes Capps, an Engineering and Construction Supervisor at Willco, said they anticipate a 2011 completion date assuming the approval process moves along without any issues.
Thursday, July 30, 2009
LEED Gold for Monument's 55M, Southeast
Labels: auction, Capitol Riverfront, Davis Carter Scott, Lehman Brothers, Monument Realty, Navy Yard
The Gold status, the second highest rating in the system, was awarded by the U.S. Green Building Council (USGBC) and came as a surprise to the developer, which had expected only the Silver certification. "[t]o be awarded Gold is a true testament to the hard work that all the team members put into this project,” said Michael Darby, Principal of Monument Realty.
55 M Street, a Class A commercial office building in the heart of the Capitol Riverfront neighborhood - and the official pedestrian entrance to the ballpark - features 275,000 s.f. of office space and 13,000 s.f. of ground floor retail directly above the newly expanded Navy Yard Metro station. Architect Davis, Carter, Scott included environmentally conscious design features such as a green roof and an LID (Low Impact Development) streetscape concept that captures rainwater to irrigate street trees and plantings and reduces storm water run-off. Monument has yet to begin work on the residential portion of the block, for which Lehman was a partner, and has no immediate plans to add to the residential stock of the neighborhood.
The Floridian - Still in Limbo
Gerard DiRuggiero of Urban Land Company was concise in his answer to our inquiry. "The developer is having problems with the lender. We still have tremendous interest in the building. It appears to be one of the more popular buildings in the city as so many real estate agents keep bringing people who want to buy. And that's the update." Click.
In June, DiRuggiero said they planned to give buyers weekly updates. Hopefully potential buyers and current residents are getting more details in their updates on the Floridian's status than DCMud.
Wednesday, July 29, 2009
ANC Special Meeting: Residents to Voice Opinions on Minnesota Avenue Project
ANC-7D Chairperson Willette Seaward said that despite the city's award of the project and subsequent land disposition review, there was no "official" ANC support. Seaward said she believed Donatelli had met with residents only once after being awarded the RFP last October and failed to "engage the community."
The primary issues are traffic congestion and pedestrian safety at the intersection of Minnesota Ave. and Benning Road. Resident groups like the Coalition for Smarter Growth want public easement and right-of-way for a possible future street connection that would extend Minnesota Ave. along the Metro tracks and add an intersection to reduce congestion. Neighboring ANC7C04 Commissioner, Sylvia Brown was frustrated that prescribed changes in the Minnesota Avenue Great Streets plan, such as the Minn-Benn Phase 2 Benning bridge access road, were not implemented in Donatelli's plan.
Commissioner Seaward said residents are also concerned about not having enough market-rate housing necessary to attract high-end retail. Additionally, the community wants a binding benefit agreement to include public green space, internships and job training for residents or funds for local community centers. Commissioner Brown said the community wants to shed its reputation for being opposed to everything by working with the developer to find a solution.
According to Chris Donatelli, President and CEO of Donatelli Development, the project is not going through the PUD process, but they are working closely with the city on the plan since it is part of a public-private partnership. Donatelli cited the community spaces (think NGO offices) already included in the plan and modifications that added a for-sale component as examples of their collaboration. According to Donatelli, the July disposition hearing was the first time the developers were made aware of community concerns over right-of-way. At that time, DC Council Members asked the developer to consider including the right-of-way. Donatelli said they are meeting with DDOT and in the end are pretty flexible, "you always want to have community support."
We'll see what happens when Donatelli's team presents their project to the community this Friday the 31st at 6:30 in the 6D Police Station Community Room at 100-42nd St NE. It guarantees not to be a dull evening.
Church Maximizes Rhode Island Ave / Shaw Metro Location
Suzane Reatig Architecture has designed a 32,125 s.f. multiple-family building comprised of 16 units, eight of which will be affordable to households earning 60%–80% of the AMI, with a mix of two and three-bedroom units, ranging from 1,150 sf. to 2,200 sf.
Additionally, there will be 11 surface level parking spaces, open green space at ground level, a green roof, small rooftop deck, and developers will shoot for LEED certification. According to Megan Mitchell, a Project Designer at Suzane Reatig, the firm has worked with United House of Prayer for All People before and was a natural partner in this new project.
The PUD application was first submitted to the Zoning Commission on March 23, 2009, the hearing is set for September 10, 2009.
Tuesday, July 28, 2009
Fenty: Not Down With OPM
OPM currently has a staff of over 300 that handles major capital projects, administers construction procurement for District agencies, and provides security and protection in public buildings. "It is only appropriate that the true scope and nature of the agency's undertakings be reflected in the agency name" said DRES Director Robin-Eve Jasper.
The mayor's office did not issue guidelines for how to verbalize the new name (pronounced "drezz" or spelled out as D-R-E-S?), but did state that the change would take effect August 1st.
Monday, July 27, 2009
Pentagon City Project Gets Restacked
The two parcels in question are held by Vornado, which would sell the remaining portion of Parcel 3 to Kettler for the realization of Metropolitan Park's next stages. Vornado previously sold the part of Parcel 3, where phases 1-3, stand to Kettler. When Metropolitan Park's design guidelines were set in 2004, it called for 3,212 residential units on Parcel 3. The Pentagon City Phased Development Site Plan shortchanged Kettler, allotting 2,282 residential units and 300 hotel units. Through a little bit of density reallocation magic, Kettler can now have it's 3,212 residential units (2,282 + 930 = 3,212). That leaves Vornado with 300 hotel rooms to use, or not, on Parcel 1D, assuming the Metropolitan uses all 930 allocated residential units remaining.
The first stage of the massive development is bounded by 12th, 15th, Eads, and South Fern Streets. The Gramercy, pictured above, is a luxury rental high-rise building from Phase 1.