Beckert's Park on Capitol Hill - Coming This Summer

Redeveloping the aging, low density Safeway at the eastern end of Capitol Hill and ridding the neighborhood of a vast expanse of parking lot was inevitable.  But it took purchasing the land from Safeway's parent company and agreement to lease new space to Safeway to make the concept reality, and since purchasing the land in 2016, developer Foulger Pratt has been at work on the details.  Later this summer, the Silver Spring-based developer will open the 325 rental apartments and celebrate the new 60,000 s.f. Safeway.   The building will feature a "luxury pool" among its amenities, and 8000 s.f. of "neighborhood retail" on a site that housed an amusement park and beer garden in the 19th century.  Sadly, the beer garden will not be brought back, but those that remember the former Safeway will no doubt be pleased with its next generation replacement.

Project:  Beckert's Park

Address:  415 14th Street, SE, Washington DC

Developer: Foulger Pratt

Architect:  BKV Group

General Contractor:  Foulger Pratt Contracting

Use:  60,000 s.f. Safeway, 325 rental apartments,

Expected Completion:  Summer 2020

click any image for photo gallery

Washington D.C retail and real estate development news

Edens' Union Market Apartment Nears Completion

Construction is nearing completion at 1300 4th Street, NE, a project that has now been named the Ledger.  The residential building, designed by Shalom Baranes and developed by Edens, marks the next project to complete in the Union Market neighborhood - one of 5 projects actively under construction within 3 blocks, including Market Terminal with its 4 residential buildings and the Signal House office building.  The Ledger will deliver 134 rental apartments 2 blocks from Eden's food hall, Edens and co-developer Great Gulf of Canada are on track for completion in September.  On the ground floor, 11,000 s.f. of retail, including a small co-working space, will round out the building. 

Union Market Under Construction                        

The building takes the place of the formerly empty lot next to Masseria, and will be managed by Gables Residential.

Project:  Ledger

Address:  1300 4th St, NE, Washington DC

Developer: Edens, Great Gulf

Architect:  Shalom Baranes

Construction:  Davis Construction

Use: 134 rental apartments

Expected Completion: September 2020

click any image for photo gallery

Washington D.C. retail and real estate development news

Market Terminal - Signal House Tops Off

Signal House, the 10-story office building at Union Market, has topped off and is in the process of adding a skyline to the warehouse district.  The speculative office project is part of Market Terminal, an ambitious 1.25m s.f., 4-building project converting a series of warehouses and parking lots into a mixed-use project.  Kettler kicked off development by receiving zoning approval for the overall project, and in early 2018 Carr Properties acquired the office portion from Kettler, as well as another lot purchased from Douglas Development, undertaking the sole office building surrounded by numerous residential projects, both completed and underway.

Like most large projects in DC, Market Terminal was appealed and delayed by local appealer and delayer Chris Otten.  With that process having been resolved, Carr has now reached full height on the 225,000 s.f. tower 2 blocks from Union Market and less than a 5 minute walk from the Noma Metro station.  Designed by Gensler, an international architectural firm, with interior design by Streetsense / Edit Lab, the building will feature double-height ceilings in sections as well as "some of the tallest ceiling heights and widest column spacing in the city," intended to reflect its industrial surroundings with a "truly unique" metal, glass and terracotta exterior.  Carr has not yet announced any tenants for the building that will complete in early 2021, but is implementing a suite of tenant and building health measures, including seeking LEED Gold certification, fully outfitted bike room, Fitwel Star rating, rooftop solar array, and, heck, even a karaoke room on the roof.  12,340 s.f. of retail will round out the ground floor. 

click on photo for picture gallery

Project:  Signal House

Address:  350 Morse Street, NE, Washington DC

Developer: Carr Properties 

Architect:  Gensler

Interior Design:  Streetsense / Edit Lab

Construction:  John Moriarty & Associates

Use: 12,340 s.f. of retail

Expected Completion:  February 2021

Washington DC retail and real estate development news

Holiday Inn Tops Out in Mt. Vernon Triangle

Plugging a hole at the corner of 4th and K Streets, NW, construction has topped out at the 14-story building that will become a 247-room Holiday Inn Express when it completes, perhaps as early as this year.  Kinsley construction, which started work on the project one year ago, is replacing Henry's Soul Cafe on the corner, across from the Museum Square subsidized housing project, a hoped-for redevelopment project whose tenants have stymied redevelopment plans of its own site.  The in-fill project furthers the high-density potential of Mt. Vernon Triangle, with only few vacant lots remaining on K Street since the completion of development of the 400 block of K Street by the Wilkes Company and Quadrangle Development.

Habte Sequar, who previously built several small and mid-sized residential buildings in northwest DC, assembled several small lots to create the 10,700 s.f. site.  Holiday Inn currently operates more than 2700 hotels worldwide; Urgo Hotels & Resorts of Bethesda will operate the hotel.

Project:  Holiday Inn Express

Address:  317 K Street, NW, Washington DC

Developer: Lima Hotels

Architect:  BBGM

Construction:  Kinsley Construction

Use: 247 room hotel

Expected Completion:  Late 2020 to early 2021

click image for expanded photo gallery

rendering

Washington DC retail and real estate development news