Wednesday, August 10, 2011
Hilton Garden Inn Aiming for Next Summer at One Hotel Site
Labels: Perseus Realty LLC, Starwood Capital Group
New design, Hilton Garden Inn:
Previous design, 1 Hotel:
Perseus Realty is currently applying for an amended PUD with the Zoning Commission, using the above (first rendering) working design by local architecture firm Shalom Baranes. "It's a first class design," explained Cohen. "It'll be the nicest Hilton Garden Inn in the country." Shalom Baranes principal Patrick Burkhart is in charge of the new Hilton Garden design, the 1 Hotel design was done by Chad Oppenheim of Oppenheim.
"Due to the climate in the last two or three years, we felt that a Hilton Garden Inn is a better use for the site. Nothing more than that," said Neil Jacobs, president of SH Group, Starwood's luxury hotel brand management company, formed in 2009. "With a 1 Hotel we were limited in the number of rooms we could get onto the site. We didn't want to compromise the brand, and commercially [the Hilton] is a better choice."
The 1 Hotel brand is alive and well, confirms Jacobs, who notes the construction of a new 1 Hotel currently underway on 6th Avenue in New York.
The Starwood and Perseus investment at M and 22nd Streets, NW is the site of the former Nigerian Embassy and Asia Nora - both razed in 2008. A restaurateur, yet to be selected for the 5000 s.f. space, will be largely dependent on qualities that are interactive and community focused, according to Cohen.
8/11 addition: previous project and design commentary, Former Swanky 1Hotel...
Washington D.C. real estate development news
Take a Chance on Me: Skanska Mulls Speculative Offices for NoMa
With a potential for 680,000 s.f. of development, the site would be Skanska's largest DC area project to date, by far. But the developer is in a building mood, having now leased out 90% of its speculative downtown office project at 10th & G before the doors even open, and with "sincerely strong" interest in its Wilson Boulevard office project. With that tailwind, Skanska is putting the final touches on a design for a two-phase office project that could be moving dirt by next summer. With Davis Carter Scott at work designing 300,000 s.f. of office space for phase 1, the developer "is going full bore on all pre-development activity at this time," says Skanska Executive Vice President Rob Ward.
Not that Skanska would be the first polyanna to build without an anchor tenant already signed on, some of the largest office projects to date have kicked off without a financial savior, such as Monday Properties' 35 story office tower in Rosslyn and the CityCenter DC, both of which are well into construction without a single name to hang in the lobby.
And not that Skanska isn't working on a lead tenant; project supervisors have interviewed commercial brokers and expect to announce a leasing team next week. Still, Ward says the building is "100% funded" from internal capital, and the company can make the decision to build - or not - based on market conditions next spring when planning has run its course. "Its automatically a go if we get tenants, but we'll make that call by the middle of next year."
On the books so far is a large office project for phase 1, which Ward says will be a LEED Platinum design within the existing zoning envelope. Ward notes that while current zoning allows for 680,000 s.f. of development, "we'll be very careful how we build out to maximize light rather than the building footprint." While the retail component is not large - somewhere around 15,000 s.f. - Ward foresees a neighborhood enhancer rather than just a building-serving retail space; "a nice location for a good restaurant and bar."
Skanska's record bodes well for a spec project, and the NoMa numbers are still sound, with the vacancy rate just 9% within the NoMa BID according to Delta Associates.
Skanska bought the NoMa property at First and M Streets, NE, last January for $41 million from an affiliate of the Polinger Company. The site was designated as phases II and III of Capital Plaza, though Skanska will rename the project. Skanska is a Swedish-born company with offices in the United States, including Washington D.C.
Washington D.C. real estate development news
Tuesday, August 09, 2011
The Foundry Lofts at the Yards, Opening Soon
Labels: Capitol Riverfront BID, Forest City, Southeast
Washington D.C. real estate development news
Monday, August 08, 2011
Colbert Redesigns for Wallach Place and 14th Street
Labels: Eric Colbert, HPRB, Level 2 Development
Fanfare for the Uncommon Man
Sunday, August 07, 2011
Your Next Place
While millions of Americans were off in the Civil War, shooting muskets at each other across muddy pastures and having unanaesthetized limb amputations, others were building this house. Now you can own this monument to their unpatriotic levelheadedness for just over a million dollars. (Contrast this with the product of my father's draft-dodging – a totaled motorcycle, several “bad trips” and … me. Pathetic.)
Located in historic Naylor Court, just a stone's throw from downtown, this restored antique rowhouse exudes more class than a sackful of duchesses. Heart pine floors, an amphitheater-like living room, an elegant family room with french doors opening onto the backyard, one of the largest kitchens I've seen in a while, with a granite-topped island that seats four. A sinuous staircase leads upstairs, to four spacious bedrooms and four baths.
The impeccable master bath could probably hold thirty people (just stating a fact, not making a suggestion). The two-car garage in back has custom mahogany doors that are probably worth more than my last two cars. There's a beautiful deck overlooking the backyard, and a huge magnolia tree in the front yard. If the magnolia market takes off, you could be sitting on a veritable gold mine.
937 N St. NW
Washington DC 20001
4 Bedrooms, 4 Baths
$1,124,999
Washington D.C. real estate news
Friday, August 05, 2011
Part of Kelsey Gardens Redevelopment Moves Forward
Labels: Capital City Real Estate, MAC Realty Advisors, Metropolitan Development, Shaw
New Details for U Street Condo Project
Labels: Ellisdale Construction, Habte Sequar, U Street
Eastern Market Concepts OK'd by Historic Review Board
Wednesday, August 03, 2011
Donatelli Selling Multi-Family Buildings in Petworth, U Street
Donatelli's 49-unit residential building at 3801 Georgia Avenue NW has been close to delivery for the last few months, and the development team had been considering both leasing units as apartments and selling them as condos. Now the vacant building has been put on the selling block by MAC Realty Group.
Donatelli is also unloading the 190-unit Ellington apartment building, completed in 2005 and currently asking (and getting) some of the higher rental prices in the city. A source says that a "well-known" pension fund is under contract to purchase the building. Comparing the sale to the sale of the 185-unit View 14, a transaction that grabbed headlines when UDR Inc purchased the building for $104 million - $616 per residential square foot or $520,000 per unit - the source tells DCMud that the Ellington will trade for "a similarly attractive price." Donatelli had long pondered the idea of selling the Ellington as individual condos.
The Griffin, Donatelli's second Petworth project, was "designed as for-sale condominiums" according to MAC, though Donatelli never initiated sales. Speaking to the rental market in Petworth is Park Place, another Donatelli mixed-use development that delivered in 2009 across the street, the leasing manager says the 161-unit apartment building is 95.6% leased.
Designed by Eric Colbert & Associates, the 7-story Griffin is comprised of one- and two-bedroom units that range from approximately 660 to 1,100 square feet.
As a 38-year-old corporation, Donatelli has made investments in up-and-coming areas of the D.C.-metro market for years. In addition to The Ellington, Park Place and The Griffin, the Bethesda-based corporation also developed Kenyon Square condos and Highland Park in Columbia Heights, designed as condominiums but later switched out to rentals. Donatelli is currently building an addition to Highland Park that will add more rental units.
Washington D.C. real estate development news
Tuesday, August 02, 2011
Capital City Market to Get Pop-Up Restaurants?
Yet a new role to be assumed by Richard Brandenburg, well-known D.C.-area foodie and formerly of the ThinkFoodGroup, signals that some real development could be happening in the market area, and soon. Brandenburg has been hired by Edens & Avant, a large national property developer and owner, as its director of culinary strategy - a newly created position. As reported by the Washington Post - Brandenburg's job will center on restaurants and the Capital City Market. Sources familiar with the project now say Brandenburg is planning pop-up restaurants as a short term way to enliven the space.
Eventually, Brandenburg sees the potentially valuable commercial land as a "wholesale-retail center with multiple restaurants, a culinary school, even a USDA hub." But Edens & Avant's long-term goals for its property - based on Brandenburg's ambitions - might be a while in the making.
Edens & Avant controls approximately 140,000 square feet (3.2 acres) of land on the eastern edge of the market along 6th Street, NE, through a joint venture with J Street Development. The property slated for new culinary inputs borders Gallaudet and co-mingles 3.8 acres owned by the university. With low overhead and no real commitment, pop-up restaurants have been touted as a venue offering restaurateurs the freedom to experiment with concepts, without a large up front financial commitment. It's also a way to get money coming in quickly, as an intrepid chef, or property owner, and is a growing trend in big cities nationwide.
There have been many plans for redevelopment of the market over the past decade, including a small area plan by the Office of Planning in 2009, but the market has been a real estate quagmire: 120 lots, with 108 owned by 68 different entities, many still operational. No word yet on whether Edens & Avant and J Street are looking to roll up their shirt sleeves and try to acquire more market property.
Edens & Avant is "temporarily holding off on discussing [Brandenburg's] full position" until he is officially on board, says a press release, along with its vision for its market property, though a media contact noted that Brandenburg will have a broad role that will impact the entire Edens & Avante portfolio of 125 properties along the East Coast.
The Capital City/Florida Avenue Market is the current incarnation of the Union Terminal Market, opened in 1928 to replace D.C.'s Center Market, first opened in 1802, which was razed to make way for the National Archives.
Washington D.C. real estate development news
Monday, August 01, 2011
Rustic Gorgeous: Slave Quarters and a Toll Keeper's Cabin Find Life in the 21st Century
Gazing at the august 3,300-foot summit of Old Rag Mountain, visitors to Shenandoah National Park say they experience a profundity of thoughts and feelings, many spiritual in nature. In addition to its heavenly vistas, the region itself is rife with history—its lush forest floors an eternal home to Civil War cavalry and conscripts, slaves and sentries.
For homeowner and real estate developer Joe Svatos, the prospect of living in the shadow of the iconic mountain was slowly realized beginning in 2004 when he purchased a 200-acre parcel in conservation easement that was part of Rappahannock County’s Montpelier Plantation. Pre-dating the presidential Montpelier in Orange County, and built circa 1740 as a summer residence for Fredericksburg merchant Francis Thornton II, the parcel provided Hazel River frontage and unparalleled panoramas.
Somewhat inconvenienced, however, by what he labeled a dilapidated “shack” on the property he figured was makeshift 1930s housing for displaced area residents, due to construction of the national park, Svatos tolerated the blight in light of the surrounding scenery. “I really had no idea what it was,” he conceded.
Three years later, a shedding of the structure’s siding revealed the presumed 1930s shack was in fact a 1794 toll keeper’s log cabin, with an 1856 clapboard addition gilding the historical lily, so to speak— dating determined by saw blade marks and construction style. Buoyed by its provenance and in an effort to expand the tiny structure to what would ultimately become a 2,480 s.f. rustic retreat, Svatos responded to an ad in a local newspaper describing 180-year-old (presumed) slave quarters—called Chestnut (log) cabin— located at Mount Joy Farm in Howard County, Md. Earmarked for demolition due to a Howard County zoning quagmire, Chestnut cabin had been dismantled and catalogued when put up for sale, and Svatos purchased and brought it to his Virginia property. In time it would be sited and rebuilt adjacent to the 1794 cabin with its aforementioned addition.
Rallying the regiment
Initially engaging a design builder whose ideas ran contrary to his own thinking, Svatos soon inquired of David Haresign of Bonstra | Haresign Architects, with whom he had worked on larger projects. At stake was precisely how to connect and convert these inchoate structures into a comfortable contemporary retreat without destroying their historical fabric.
“I’m predominantly a commercial architect doing mostly institutional quality corporate work, master planning and multi-family housing,” Haresign said, adding it is not uncommon for him to helm million square-foot projects. But when he drove out to the property along the Old Sperryville Pike, he was struck by the sight of Old Rag Mountain where his father had taken him half-a-dozen times as a boy. “It was one of those special, touchstone places for me,” Haresign said. “I told Joe, ‘Sure, I’d love to help you out.’”
Embarking on what was clearly a virgin venture for all involved, where a confluence of reclamation and rustic luxury were the order of the day, Rappahannock County-based builder Greg Foster of Timberbuilt Construction was also brought in. With issues of connectivity and sustainability among the more obvious requisites, the triumvirate also faced engineering challenges involving modern adaptability of centuries-old notched log cabins, originally held together by mud chinking.
When fascines fail
According to Haresign, at the outset, logs were restacked as the walls for the most part had bowed. And in addition to utilizing notches as their ancestors had, modern technology suggested wood blocking to separate each log with the spaces between sprayed with 3-inch R-15 value foamed insulation, followed by an epoxy-based material troweled on the exterior: a kind of weather surface for the chinking.
Tantamount to that, Haresign described structural measures that needed to be implemented as log cabins are dynamic. While the 1794 toll house cabin was less of an issue, the larger Chestnut cabin was stabilized by a series of threaded steel rods and plates staggered and buried between the logs. “These compress everything so it doesn’t move,” Haresign explained of the bracing, the logs unable to expand, contract or break out of the chinking.
To site and integrate the cabins so that they spoke a common language—and looked as though they had simply developed that way over time, Haresign used a glass connector with stone flooring (the stone locally sourced from Culpepper, Va.) on the first floor, and glass flooring above, where the master suite loft is located. Except for the loft, the flooring for the second story was removed to create double-height spaces. “It’s as modern as we could make it without being ‘in your face’ modern,” the architect said of the design. “In fact it’s almost ‘all window’ on either side of the connector,” he added, affirming the notion of a seamless transition.
Better than a bivouac
On approach, which is from the south, the cabins look as they did post-Revolutionary and pre-Civil War, respectively, when they were built. Desiring to honor original window placement, Haresign, Svatos and Foster elected not to alter existing fenestration with the exception of adding western exposure large scale windows and a new dormer. These frame the Hazel River and Old Rag Mountain. A sweeping curve carved into the land establishes a plinth on which the buildings sit, with a set of stairs descending to the flora and fauna below (Svatos reports he has spied wild turkeys, deer, black bears and snakes).
On the eastern side, to establish the rest of the baseline for the cabins, again the land is marked by a gently sweeping curve and also has a stone wall creating an area Haresign calls the Zen garden. “It’s quiet and contemplative there,” he said, “a contained space.”
Where materials were concerned, about 75 percent of the wood used in the project was reclaimed, for example red siding and parts of a tin roof were reused when renovating the 1856 clapboard addition ceiling. “New” flooring in the Chestnut cabin was gleaned from an 1840s Madison County, Va. courthouse, 40 miles from the site. Cherry treads and trim on the steel stair and modern oak objects inserted into the historical fabric were locally sourced and milled at a facility in Front Royal, according to Haresign, also within a 40-mile radius of the site. Fabricated industrial-grade steel for the interior railing and columns was married with locally-sourced wood filler for warmth, scale and texture—and even some additional bracing. “It’s all about how to craft common materials and make them really special,” Haresign said.
Beneath the Chestnut cabin, which works its way downhill, a newly-minted stone cellar might be considered below-grade on the east, north and south faces, but is clearly exposed on the west face. Haresign said the windows embedded in the stone foundation wall can consequently “peek above grade.” The cellar contains a guest suite and houses all of the mechanical, electrical, security and audio systems. These include a dual-purpose water heater also used for radiant floor heating. Low-flow fixtures, double pane low-emissivity glass and Energy Star appliances make the cabins modern and sustainable. Wired for iPhone docking stations in each room, state-of-the-art technology is camouflaged by design in deference to historical roots.
In the kitchen, the same Madison County courthouse wood flooring underscores modern wood cabinets and appliances, and what the architect playfully calls a translucent glass-and-wood “indoor outhouse” (i.e. powder room) punctuates the living space beyond it.
Finally, in a gesture that embraced both green energy and the past, poised inside the 1794 cabin a study with post-Jeffersonian era desk faces one of two original floor-to-ceiling stone hearth/chimneys that were severely deteriorated, according to homeowner Svatos. “We were able to restore them and bring them back. Now they are fully functioning fireplaces—and very prominent focal points in the cabin.”
“This is the most organic project I’ve ever worked on,” Haresign said, contrasting it with his prominent portfolio of mega-office buildings which are “machined…very tight.
“Cabins are not precise, and the design process never really stopped. It goes on today,” he continued, referencing an 1840s Berks County corn crib slated to become a pool house on the property, and a “drop-dead gorgeous” gate entrance projected to be a modern piece set in the pastoral landscape. The team has just been notified it is to receive a Builder’s Choice award in October.
“This project in my view is the highest form of rustic art available,” Haresign concluded.
Washington D.C. retail and real estate development news
Photos courtesy of Anice Hoachlander
Sunday, July 31, 2011
Your Next Place
By Franklin Schneider
$685,323