Friday, July 09, 2010
Local Builder Starts Condo Project in Adams Morgan
Labels: Adams Morgan, Bonstra Haresign Architects, EHT Traceries, UIP Development
Thursday, July 08, 2010
Ten Years and Two Locations Later, Subsidized Housing Still Beats Private Development
Labels: Bethesda, Hamel Builders, NOA Architects
In 2000, Armont Development, the team behind the proposed Edgemoor at nearby 4821 Montgomery Lane, originally proposed the idea of a land swap to provide room on Hampden Lane for the moderately priced dwelling units for its development. Montgomery County began working on a site plan for 4917 Hampden Lane in 2003 and the land swap took place in January 2004, according to John Poyer, HOC's Housing Acquisitions Manager. The county was ready to begin construction when a second developer under the name Hampden Lane Associates LLC acquired properties on either side of Montgomery County's space with plans for a now-stalled 60-unit condominium.
In order to have a contiguous site, the developer offered to swap land and reimburse the county for any costs it had already incurred. The two parties signed a development agreement in June 2005 and 4913 became the new HOC project site. HOC has since reworked the design for the new site and secured financing so that now, ten years after the seed was planted, the permanent supportive-housing-for-formerly-homeless-project will find its home at 4913 Hampden Lane.
The four-story wood frame structure was designed by NOA Architects and will be constructed by recently selected general contractor, Hamel Builders. A single-family home on the property will be demolished to make way for the new construction. The building will consist of six studios and six one-bedroom units, financed in part by federal low income housing tax credits through the Maryland Community Development Administration. The building will be built to LEED certification standards, but HOC will not apply for certification by the USGBC, given the extra costs entailed.
Residents will receive Section 8 vouchers to cover their rent and the operational costs of the building. A resident counselor/on-site building manager will provide necessary assistance for residents, ranging from job training to computer instruction. Unlike temporary or transitional housing, the project's residents "will not be on a clock that forces them to leave after a preset time," explained Poyer. The goal is to give residents services "to help them move on to a more independent lifestyle." Despite the progress on the shelter, none of the related private developments nor any of those planned for Hampden Lane have moved forward.
Bethesda, MD real estate development news
Wednesday, July 07, 2010
JBG Razing Residential Hopes on 14th Street
Labels: 14th Street, JBG Companies, Shalom Baranes Architects, U Street
The seven-story building, designed by Shalom Baranes, will bring 120 residential units to the 14th Street Corridor/U Street area. A below-grade parking garage will offer at least 90 spaces to serve both the residential and retail needs.
According to plans submitted to the Historic Preservation Review Board, the 14th Street side of the building will have four five-story "vertical projecting bays," and the seventh floor will be set back and largely composed of glazed glass. The District's Zoning Commission has already approved changes to the roof design that will maximize rooftop recreational space. To beautify the back alley, the designers proposed a "panelized brick wall" that might, designers say, be partially hidden by vines growing down from rooftop planters.
Retail will be available on three sides: on the north, south, and along 14th Streets, the main residential entrance will be off of S Street. Ground floor retail of 18,000 s.f. includes 200 feet of frontage on 14th Street and 110 feet of frontage on S and Swann Streets. The 14th Street frontage required an exception to the Arts Overlay to allow a higher percentage of dining or drinking space. The Overlay requires that no more than 25 percent of "linear footage" be used for eating and drinking establishments. The developers received approval for the exception from the Board of Zoning Adjustment in February of 2009.
Washington, DC real estate development news
JBG's Florida Ave Project Under Review
The companies presented preliminary plans to the Historic Preservation Review Board Thursday for input on the overall concept and support for moving a historic building and an alley way on the site to make way for two new buildings on the mostly empty lots.
While the board was mostly receptive to the idea for development including moving a historic building, members encouraged developers to make the building relate to the neighborhood. The property falls into the Uptown Destination District Plan, dubbed "DUKE," aimed at creating an arts and entertainment hub in the area of U and 7th streets. The plan identifies the vacant lots as a "gap" in the neighborhood.
“You, the architect and developer, have a responsibility to knit this neighborhood back together,” said board member Graham Davidson who expressed his interest in the project while reminding the developers of the expectation to create more than an iconic building. “There's a big hole in the neighborhood here."
In an effort to both increase density and blend with the neighborhood, Brian Court, an associate with Miller Hull, explained that the buildings would decrease in height along 8th Street to transition into the mostly residential part of the neighborhood. The building is intended to have a modern feel while reflecting the overlaying arts district and the established urban community.
The HPRB wasn’t entirely convinced. Board members agreed that the project needed more consideration. Concerns included using building materials that fit well with surrounding buildings, reducing the size of the building as it approaches the smaller residential structures on adjacent properties, and generally making the project fit the community.
Steve Callcott, deputy preservation officer for the Historic Preservation Office who has been working with JBG on the project, said he wasn’t surprised by the board’s reactions to the proposal. Board reviews of projects like this one, he said, open the door for "back-and-forth" discussion and offers a developer some "general guidance and direction."
This development is not the first planned for the lots at Florida Avenue and 8th Street. Banneker Ventures previously planned to develop the site, but controversy surrounding the company's selection for several DC projects ultimately derailed those plans.
Washington D.C. real estate development news
Tuesday, July 06, 2010
Georgetown University vs. Georgetown Residents
You see, every ten years, the District requires the University and the Medical Center to outline all future infrastructure and development projects for the upcoming decade. Georgetown's 2000-2010 plan expires this year on December 31st, and while the changes being considered are not drastic, the review offers an opportunity for the community to address other issues they have with the university, which usually involves off-campus students.
Andy Pino from GU's Public Affairs Office tells DCMud that work first began on 2010-2020 plans in 2008. A final plan has yet to be submitted to Zoning and the University will continue "to have conversations with members of the community" before that happens.
Looking forward to Fall 2010, public Zoning Commission hearings about proposed projects such as "...renovations to the Medical Center, improvements to Kehoe Field’s roof" as well as "road construction" that will allow the Georgetown University Transportation Shuttle (GUTS) buses to turn around on campus, should prove to be contentious.
And because the chance to weigh in on University activities only comes around every ten years, residents of the neighboring Georgetown and Burleith communities seem to be seizing the opportunity to try to force the University's hand on some undergraduate housing issues.
The Burlieth Citizens Association and the Citizens Association of Georgetown have joined forces to petition Planning and Zoning to oppose the 2010-2020 plan unless the University takes action to stop "the already alarming conversion of single-family homes to group rental units" off campus. Over the next ten years, Georgetown expects to increase student enrollment by 3,200 or more, and the community would like an on-campus housing solution so that they can stop absorbing the run-over flip cup tournaments.
Georgetown officials maintain that there are no plans to increase enrollment for undergrads, that they already "house 84% of their undergraduate students on campus, which is the highest proportion of on-campus undergraduate housing of any university in the city other than Gallaudet" and that the average age of the students they're talking about enrolling is 28 "and many are married or live alone."
The community maintains that the 16 percent of undergraduates living in their neighborhoods are annoying, and anyway if the University wants to let anyone else come to their school, mature or otherwise, they need to come up with a plan to house the ones doing keg stands on the front lawn.
Washington, DC Real Estate and Development News
Monday, July 05, 2010
Barney Circle: Preserving Hill East
Friday, July 02, 2010
Museums on the Mall: Latinos Throw Their Hat in the Ring
The new museum is intended to "create a home for the historical artifacts, images, and personal stories documenting over 500 years of American Latino contributions to the United States" and will "serve as an educational tool for the thousands who visit the museum each year, as well as instilling [sic] a sense of pride in the Latino community..." The LAMC was formed by an act of Congress in 2008.
The Museum Commission initially considered and "fully vetted" over 30 sites throughout the Capitol area, narrowing it down to 9 in November 2009, before finally paring it down to 4 sites, all on or near the Mall, as it happens. At yesterday's National Capital Planning Commission (NCPC) meeting, the LAMC presented the four finalists. Henry R. Muñoz, the Chair of the LAMC, told the NCPC review team that after canvassing Latinos nationwide "there is a clear preference for a site on the Mall." The NCPC expects to issue its opinion in August, at which point the plans will be sent to Congress. The Commission hopes to find 359,000 s.f. - 310,000 s.f. close to the monumental core for exhibits and 49,000 s.f. located remotely for storage and office space. Though the LAMC recently signed four contracts to kickstart development and planning, Muñoz acknowledged the long process ahead, saying "we'll feel fortunate if that timeline can be shortened to ten years."
In no particular order, the Commission is considering:
1. The Yates Building at 1400 Independence Avenue, SW (pictured right): The administrative portion would fit into the historic Yates building, and a 165,000-s.f. building would be built on the Mall to the north, bisected by Independence Avenue. The museum would offer an entrance on the Mall and would potentially connect underground to the Yates building. The rough designs show the new structure mirroring the height and footprint of the National Museum of African American History and Culture.
2. The Whitten Building at 14th & Independence: The LAMC offered up the adjacent parking lot for a new building. This plan also includes building two stories on top of the Whitten building, which the design team likened to the Tate in London. This design would deliver 310,000 s.f., 49,000 s.f. less than the desired amount of space.
3. The Arts and Industries Building (pictured left): The oldest of the Smithsonian buildings offers 99,000 s.f. that would be incorporated as a "public reception area" because it is too narrow for galleries and lacks climate control or proper acoustics for performances. This plan has two options, one in which the Arts and Industries building remains intact with a two-story museum below-grade, the other would use the main building for administrative purposes and as an entrance from the mall, but create a connection to a new annex building.
4. Capitol Site: This proposed site, across from the Botanical Gardens, was envisioned by the McMillan Commission to hold a museum but remains empty. Currently under the control of the Architect of the Capitol, the site would utilize the same footprint as proposed in the McMillan Plan, with an entrance off Pennsylvania Avenue, offering three stories above grade and one below. At 252,000 s.f. it would be the smallest of the proposed buildings.
Fear not, Lithuanians and Somoans, you too may someday have your chance.
Washington DC real estate and development news
Thursday, July 01, 2010
Congress Passes $8,000 Credit Extension
Bainbridge Buys Bethesda's Monty, Readies for Construction
Labels: Bainbridge companies, Bethesda, SK and I Architects, Woodmont Triangle
According to Thomas Keady, President of Development for Bainbridge, the project receive unanimous approval from the Maryland National Capital Park and Planning Commission (MNCPPC) and will be the first high-rise mixed-use project to be constructed under the Woodmont Sector Plan. Keady said his firm, which has projects along the east coast but is concentrated in Florida, chose the location because of its proximity to the Metro, restaurants and shops, scoring high for walkability.
The design team at SK&I includes Senior Associates Federico Olivera-Sala and Marty Towles. Olivera-Sala said the relatively low-density of the remainder of the block, which is populated by three- and four-story buildings, posed a challenge for the design team in creating a tall but contextual structure. The chosen design features several setbacks and varying levels of volume,"it's very 3-D," said Olivera-Sala. Towles explained that the setbacks are planned in different directions on different levels: the second story setback acknowledges the height of neighboring street-level buildings and offers a courtyard area, a sixth-story setback creates the wings of the building, and the fifteenth-story setback creates a terrace that connects to the party and exercise rooms. The breaks in the facade also effectuate a plan to minimize shadows on the street.
The design calls for a largely brick face in three different colors to emphasize the varying volumes of the building, and includes an 18-20 foot wide cut-through between St. Elmo and Fairmont Avenues, which Towles described as a "good way to energize mid-block. The retail will front three sides, including the new cut-through. Olivera-Sala said the Monty will have windows on all four sides: "the building basically has no back." Towles added "the thing that is exciting...is that the owner put so many amenities up in the air, creating opportunities for great views" as people exercise or party on the 15th floor. The project owners hope to achieve LEED Silver certification; a minimum of LEED certified is required for projects in the area.
Bethesda, MD real estate development news
Wednesday, June 30, 2010
Gales School RFP's Semi-Announcement
The Department of Real Estate Services (DRES) issued an RFP in January and twice extended the submission deadline, originally set for February 16th and ultimately enforced March 26th. At the time, a DRES representative told DCMud it had received three applications, though Carter only acknowledged two. The respondents were the Central Union Mission and Ready, Willing & Working Inc. (RWW).
The Mission plans to match the service they now offer on 14th Street, NW, expanding from 135 beds to at least 150 beds for the men's Christian homeless shelter. The Mission will likely add to the rear of the building with a design by Cox Graae and Spack Architects of Georgetown, a build-out that would allow for kitchens and extra classrooms.
The other applicant, a joint venture between RWW, the Doe Fund Inc. and Building Partnerships, proposed to convert the school into a facility providing housing and job training for upwards of 100 homeless and formerly incarcerated men.
Friday's semi-announcement caught many observers by surprise, including Councilmember Tommy Wells, who had asked Carter for an update during a hearing. Wells commented that "the proposal by RWW is still something that is needed by the city..." Carter indicated his agency hopes to find space for RWW on the campus of St. Elizabeths.
When asked for additional details on the award and a timeline for construction, Charles Allen, the spokesperson for Tommy Wells, replied in an email, "The Friday hearing was the first we had heard about it...we are working to follow-up and get more information." Sources familiar with the Mission's project were equally surprised and eager to learn more about the award. Several calls and emails to the District Government for additional details were not returned.
The Mission's bumpy past with the Gales School boils down to concerns over government subsidies going to religious organizations. The America Civil Liberties Union (ACLU) filed a lawsuit claiming an Establishment Clause violation - i.e. separation of church and state - because a previous agreement reportedly would have netted $12 million for the Mission (including the property value), which requires homeless men to participate in religious services in return for room, board and counseling services. In a previous conversation, David Treadwell, Executive Director of the Central Union Mission, said, "I can't speak for the ACLU, but I believe the concern was more the $7 million than the property exchange" in the previous RFP; this year's RFP did not include a monetary exchange.
In March, Arthur Spitzer, Legal Director of the ACLU, said his organization has no problem with religious organizations running social services. The problem is when those services are only offered in exchange for "hellfire and brimstone" proselytizing services. Ultimately, Spitzer said, he "hopes they have made this into a fair process" and if it is, and if the Mission wins, then "perhaps that will be OK."
Addendum: In the wake of this report, the District made their announcement official with this announcement.
Washington, DC real estate development news
Tuesday, June 29, 2010
Vacant Properties on the Chopping Block Wednesday
There may be deals in waiting (for the buyer, not for the District taxpayer), given the restrictive qualifications on purchasers. Buyers looking to get in on the Shaw transition can bid on 1713 New Jersey Avenue, NW (pictured), which tax records show sold for just under $300,000 in 2005. Neighboring properties have sold for as much as $750,000 in recent years. A lot at 805 7th Street, NE, near H Street, zoned for residential use, could command some interest given the District Council's recent approval of overhead wires for the future streetcar. Though a buyer could snag a bargain, the buy-in and then the required 10 percent deposit within three days time could be a bit of a deterrent for the do-it-yourself buyer.
The District auctions the properties in the hopes of returning them to the tax roll, creating additional revenue and removing blight. The vacant properties were acquired through negotiated friendly sale, eminent domain, donation, and tax sale foreclosure when owners were "unwilling or unable to maintain their properties." The auction, run by Alex Cooper Auctioneers, will take place at the Walter E. Washington Convention Center tomorrow beginning "promptly" at 2 PM.
Washington, DC real estate development news
Douglas Buys Time for Waffles
Labels: Douglas Development, Penn Quarter, Shalom Baranes Architects, Zoning Commission
Douglas's planned 11-story building would bring 91,000 s.f. office space with 6,000 s.f. of ground-floor retail to an L-shaped amalgamation of lots. Plans also include the renovation and relocation of the two-story Waffle Shop now on the site - reassembled on another site. HPRB had initially granted Douglas's request to destroy the eatery, despite the dearth of retail downtown and the vacant storefronts downtown at the time, but later reneged on that offer thanks to community outcry. The developer committed to moving the shop to a new location intact within five years of the approval; two years, down three to go, an alternate location has yet to be publicly announced.
During their 2008 testimony at the Zoning Commission, the project team said it had been pursuing a project at the location for nearly nine years, finally convincing the property owner to sell in 2005 and closed in 2006. Douglas development's Paul Millstein described the importance of F Street and its continued renaissance to the firm, "we have a passion for F Street...this building represents much more than just a building to us."
Architect Shalom Baranes explained that his design was emphasizes the "verticality" of 10th and F Streets. The facade is planned to feature two surfaces - a "masonry curtain wall" and a "transparent, more prismatic form" to articulate the volume of the building. The property contained two historically contributing buildings, the Waffle Shop and 1000 F Street, which will be the corner structure of the development. The extension expires May 16, 2012.
Washington, DC real estate development news
A Neighborhood Runs Through It: The Hilton Washington
Frank Lloyd Wright was right. The story goes that in the 1940s, the iconoclast architect stood on the site of the future Hilton Washington, next to a once grand but derelict Victorian mansion known as "The Heights," declaring it a prime location for a hotel. Two decades later, Conrad Hilton shared that vision and on March 28, 1965, built in the signature 1960s and '70s Brutalism style of the American modernist movement by architect William B. Tabler Sr., the hotel - at 1919 Connecticut Ave. NW - opened its doors to what continues to be a Washington keystone.
With more than one million s.f. of space and following a massive, three-year (concept-to-champagne) $150 million renovation - and in many spaces a painstaking restoration - the Hilton Washington is still going strong, having reinvented itself in time for a re-launch on May 25. Shepherded by OPX Global architects, under the auspices of owners Lowe Enterprises and the Canyon-Johnson Urban Fund which purchased the property for $290 million in 2007, the hotel has achieved historic preservation status in its quest to become a coveted landmark property, and also included community focus groups, to reestablish itself as a seminal neighborhood landmark.
Up to the Challenge
“They’re really trying to be a hotel that lives in Kalorama, lives in DuPont, lives in the U Street Corridor,” said W. David Owen, OPX principal, explaining that among other things, his firm opened up the property by improving the clarity of glass on the public levels so neighbors could see into the lobby when illuminated at night. Conversely, the profile of the landscaped dome outside was lowered for more visual access from the inside out to the sidewalk. Soon-to-be realized plans for a Starbucks just inside the lobby will serve both hotel guests and area residents, and in an effort to improve relationships with most of the neighbors, according to Owen, the loading dock, where facilitating large exhibits has been known to impede street travel, was redesigned in ways that included reworking turn planes and improving capability to accept larger bay trucks.
In the big picture, among the many design challenges for OPX Global was an effort to establish a sense of flow and make every space feel seamless, according to Owen, who noted it had been “chopped up” in prior renovations. In part this was achieved by establishing a basic palette at the front door with very light finishes in contrast to dark woods, something that resonates throughout the property. Bringing the building back to its modernist roots, in light of prior renovations, also posed a challenge, as did a 21st century dictum for the integration of pervasive and visible technology vis-à-vis “raising the hotel up into the luxury market.”
Around the Room(s)
According to Owen, when the hotel was built, “…it was kind of an interesting hybrid because the latest trend at that time was motor courts.” Accordingly, the 1,250 guestrooms – all of which faced out and curved per Tabler’s design – were very small, emblematic of the “clean, efficient, moderately priced” motor court credo. “It stood in contrast to some of the grand hotels that were here, which serves well for a convention market where people are not in their rooms for most of the day,” Owen explained. Efficiency withstanding, and without altering the guestroom footprint, OPX Global rallied to visually expand the stark, small, utilitarian “pie wedge-shaped” rooms to include warm bathroom granite-topped cabinetry that “looks like a piece of furniture,” and replace doors with translucent glass sliders. Bathroom floors are marble, and combination light/mirror fixtures both conserve and open up space.
The hotel is renowned for its legendary 35,815 s.f. International Ballroom which seats 2,700 and, according to one source, is one of the largest public hotel spaces south of NY and east of the Mississippi. The ballroom is the annual scene of the crime for the White House Correspondents Association dinner, among other glittering events, including one of 2008’s inaugural balls. A brand new 15,000 s.f. exhibition space, Columbia Hall, is part of an additional 20,000 s.f. of public space added to the hotel, and can be used as a whole or partitioned into four separate rooms or two banks of two with a center corridor. “Actually I believe there are almost 10 configurations they can do with walls around the center,” Owen said, with the center portions having 14-foot ceilings to comply with Hilton brand’s requisite for social event rooms.
“All of the construction was done while the hotel was operating,” Owen stated. “It never closed, except for one two-week period after holiday parties when things slow down, in order to relocate a massive amount of plumbing that involved the ceiling in the lobby area. Forfeiting 100 of the hotel’s 1250 guestrooms to the renovation, the hotel anticipates creating long term rental suites for business travelers replete with kitchenettes and other extended living-type amenities. The owners have also received approval from the District to build a condo tower on the property, wherein residents will be able to share hotel amenities such as maid service, health club, catering and more, according to Owen.
Monday, June 28, 2010
GW Site Wrapping Up
Labels: Boston Properties, Clark Construction, Foggy Bottom, George Washington University, Hickok Cole, Pelli Clarke Pelli Architects, Sasaki and Associates
Square 54 will bring 335 rental units, 440,000 s.f. of office space, an open central courtyard and retail plaza on I Street, over 80,000 s.f. of retail space (including the mystery supermarket), and over 1,000 underground parking spaces. The project is a partnership between Boston Properties and George Washington University, which owns the 2.6-acre site. The site was formerly part of GW Hospital; Boston has a 60-year ground lease on the land.
The residential portion will include 292 market-rate rental units and 43 units set aside for affordable and work-force housing. According to the developers, the residential portion of the project will deliver in May 2011 and begin leasing in January or February of that year. Residents will have access to approximately 250 parking spaces and at least three car-sharing spaces will be available for resident use.
The commercial/retail building will deliver in March 2011, according to Richard Ellis, a Project Manager for Boston Properties."All of the retail space is currently accounted for," according to Ellis. Ellis's calculations generously include the 15,000 s.f. under lease negotiations with a potential grocer, though he declined to comment on the Whole Foods rumors. Hunton & Williams signed on for 190,000 s.f. of office space in the commercial building and according to Jake Stroman, a Senior Project Manager at Boston Properties, the total leased office space and space under lease negotiation is 315,000 s.f., leaving 125,000 s.f. of office space up for grabs.
The project was designed by Connecticut-based Pelli Clarke Pelli Architects, LLP and Sasaki and Associates, the architect of record was Hickok Cole; Boston recently hired design team Carlyn and Company Interior Design to work on the residential interiors.
Washington, DC real estate development news
Saturday, June 26, 2010
Buying Time for Utopia
Labels: 14th Street, Eric Colbert, Georgetown Strategic Capital, U Street
In April, Moore said once the team secures financing for the $93.5 million project they will put together construction drawings and obtain permits, reportedly over the next nine months. Moore said construction would likely begin in 2011 and complete in 2012. Utopia will provide 220 residential rental units on the corner of 14th and U Streets, with the building and all entrances facing 14th Street and incorporating some of the historic facades on U.
The new project will offer 150 parking spaces to service both retail and residential uses. The building with be tallest on U Street at 90 feet, stepping down to 65 feet, then 45 feet on the south side as it moves away from U Street and will include 20,000 s.f. of retail and a roof top pool. Eric Colbert & Associates designed the mixed-use project.
UPDATE: Robert Moore of GSC reached out to DCMud to provide a brief update on the project. Moore said his team is still wrapping up financing and a joint venture partner agreement. Financing in terms of debt financing for construction is still "a long way off" he added. That said, Moore hopes to obtain permits "over the next 12 months" and that he is "pretty confident" that the project will be in the ground in the beginning of 2011.
Friday, June 25, 2010
CityCenter: On Track for Early 2011 Groundbreaking
Labels: Archstone, Clark Construction, Convention Center, Foster and Partners, Hines, Shalom Baranes Architects, Smoot Construction
Thursday, June 24, 2010
NYU's Student Housing Still On Track Downtown
The Hickok Cole-designed 9-story complex will feature a lecture hall, seminar rooms and office space for NYU’s Office of Government and Community Affairs and John Brademas Center for the Study of Congress, below five-stories of student housing. The facility will also offer temporary living space for visiting professors. The slim 60-foot wide lot posed a design challenge to the architects, luckily students are adept at living in diminutive spaces, especially New Yorkers. Rooms will be arranged in four-room suites. A balcony along the building façade will act as a visual separation between the student housing and the academic areas below.
The BZA exception removes the developers requirement to provide parking or loading areas. The location lends itself to a walkable lifestyle, blocks from the White House and the legion of summer internship opportunities.
A groundbreaking is planned for September of this year, the first student would likely arrive in 2012. Once completed, the Center will serve as NYU’s thirteenth off-campus (but first domestic) study abroad site.
Washington, DC real estate development news
Wednesday, June 23, 2010
Demolition on East Capitol
General contractor, Moseley Construction Group, is responsible for the demolition and construction. According to Johnny Moseley, President of Moseley Construction Group, the demolition is 50 percent complete. Moseley said he was "not sure" about the status of the second phase, actual construction.
The project, originally planned as 131 units by then-owner Comstock East Capitol LLC, received a zoning extension in 2009. The approved zoning changes and plan modifications give the developers until December of 2010 to file a building permit, and December of 2011 to begin construction.
In December 2007 Comstock received approval for a consolidated PUD allowing construction of a 133-unit building. In that same month, Merion acquired the property for $6.2 million from Comstock, which paid $9 million in 2006. Merion Chairman Bill Bensten was formerly a senior executive at Comstock.
Washington, DC real estate development news