New Hotel Coming to the West End

One of the hottest areas for development these days is the District’s West End, the once-quiet stretch of Northwest Washington between Dupont Circle and Georgetown (north of Foggy Bottom) best known in the past for its unremarkable office buildings and lack of retail … well, excluding the long-gone and missed Cineplex West End Theater and the original Goldoni restaurant on 22nd Street between L and M Streets, and the more-recently gone and not missed Lulu’s nightclub on M Street. But new development is quickly awakening this area, starting a few years ago with the building of the Ritz-Carlton hotel/condo at 22nd and M Streets, followed by the Columbia Residences development and The Atlas on 25th Street, the new Trader Joe’s grocery store, and still more to come. The most recent news now comes with Perseus Realty’s announcement that it plans to build a new luxury hotel for Starwood Capital Group called "The One" at 2201 M Street, the site of the former Nigerian Embassy, just across the street from the Ritz. While Perseus still needs to gain approval for the project from the DC Zoning Commission (as it would exceed current zoning permission), the developer envisions a LEED-certified “green” hotel, with a glass and greenery-filled atrium stretching from floor to roof visible from the exterior. In all, the building would be 125,000 sf and 110-feet tall. Perseus expects to submit its formal zoning application in late July.

Update: The Washington Business Journal is reporting the hotel will officially be called "1 Hotel & Residences," and the $100 million, 5-star hotel will feature 180 rooms, a "double skin," vine-covered surface to insulate the building, and solar water heating. Ground is expected to be broken in summer 2008, with completion in late 2009.

Zoning Appeal for 2175 K Street Addition Postponed

The DC Board of Zoning Adjudication (BZA), scheduled to hear an appeal last week by developer Minshall Stewart Properties regarding its 2175 K Street NW project in the West End (just east of Washington Circle), instead postponed the hearing until September. Minshall Stewart had submitted a zoning application to add three stories to the office half of the existing office/condo complex at this address, but the city zoning administrator ruled that such a move would necessitate a variance from the BZA. Depending on the September appeal, Minshall Stewart will either be able to build the addition without issue, or have to go before the BZA again in November for the variance. Opposition to the addition has been voiced by both the condo side of the complex and nearby row homes to the west, which fear they will lose their views and sun to the new office floors.

Bethesda’s The Veneto Project

The Woodmont Triangle area of Bethesda has been a particularly active corner of the DC region of late. In March 2006, developer Gus Pappas submitted to the Montgomery County Department of Park & Planning plans for The Veneto, to be located at 4901 Cordell Avenue, at the southwestern intersection of Cordell and Norfolk Avenues (the former location of Gallery Neptune). The project, which will curve around and front both Cordell and Norfolk Avenues, is planned to be an eight-story building with two below-ground parking levels (45 spaces), with 4,575 sf of retail and 33,824 sf of total residential space, containing 13 dwelling units. Well, that was over a year ago, and so far things are … status quo, it seems – the project application signs are still on the windows, but no movement has been seen or documented recently with the County. Looking ahead, though, it is easy to see the few blocks south of Norfolk Avenue being busy with construction cranes, with this project, The Monty at 4915-4917 Fairmont and 4914-4918 St. Elmo, and the 4900 Fairmont residential project, among others, all hitting their stride around the same time. As we learn more of The Veneto’s fate, we will pass details along. 

Bethesda Maryland commercial real estate news

William C Smith to Develop S.E. Residential Projects

DC-based William C. Smith & Co. (WCS Development) has announced that it will build two new projects with a combined 322 units near Mississippi Avenue in Southeast DC near Oxon Run Park. The first of the two, Park Vista Condominiums, will add to an existing structure, in a design by Architect David Bell, to build a total of 82 condos on the 3400 block of 13th Street, all to be sold at market rate. Across the street, WCS is in the early planning stages for Archer Park, a development with approximately 240 units on 8 acres of hillside, to be built either as condos or apartments. The first phase of construction on Park Vista is expected to start this Fall, with sales likely to begin around the same time, with completion likely next Spring. WCS does not yet have an established timeline for Archer Park, but has chosen SK&I as the project architect. Both projects will be relatively close to The Town Hall Education, Arts & Recreation Campus (THEARC) and the Congress Heights Metro Station.

This is the third area development for WCS, which began sales in April on Ashford Court, a 75-townhouse community at 15th & Mississippi Avenue, SE. Home prices at Ashford Court range from the mid $400's to the mid $500's, 17 units have sold since its opening.

Randall School Project Update

Last November, the vacant Randall School at Half and I Streets in Southwest DC, long the desire of many dreaming developers, was purchased by the Corcoran Gallery of Art, which announced it had bought the 80,000-sf building from the DC government for $6.2 million, and hired Monument Realty to manage its renovation into new art space and apartments. However, last week the Southwest Advisory Neighborhood Commission (ANC 6D) voted in opposition of this renovation plan, stating that the development didn’t do enough for the surrounding community. The Corcoran was hoping to gain the commission's approval before going before the Mayor’s office on June 27 (and after that the Zoning Commission, as part of the historic structure is slated for destruction), though the ANC’s approval is not required.

The Corcoran, which has outgrown its home on 17th Street near the White House, envisions using half of the fixed-up school for studio, classroom, and display space for its larger-scale art collection, while converting the other half of the building into market-rate and affordable apartments. There will also be underground parking. As part of its deal with the city, the Corcoran will offer some space in Randall to artists who used to lease space in the building. For this project, the Corcoran will sell Randall to Monument for $8.2 million, which will then manage the building. The Corcoran is donating its profit from the sale to the city’s public school modernization fund. As for the apartments, while numbers are not yet known, twenty percent of the units will be affordable housing.

Greenbelt Station Transformation

Creating a “transit-oriented community” in the area surrounding Prince George’s County’s Greenbelt Station, GB Development, Fairfield Residential, Pulte Homes, RCP Development, and others are working together to complete the $2 billion retail, office, residential, and transit-inclusive Greenbelt Station project. At its completion, the project, designed by Bethesda-based SK&I Architects will include approximately 2,000 residential units, 1.5-million s.f office space, and 1 million s.f. retail space. According to the development’s website, it will also be adjacent to and centered around WMATA's Greenbelt Metro Station.

Replacing what is now a concrete plant and the existing Metro Station parking facility, the development will be pedestrian-friendly with wide sidewalks, landscaping, and benches throughout. The New York Times’ coverage of the development said the project would also offer community amenities such as ball fields, a pool, and a community center.

The development would include a variety of housing options; RCP is planning a 4-story, 378-unit multi-family housing community that will contain either apartments or condominiums at its completion. RCP’s portion will also include 80,000 s.f. ground floor retail with above grade, above-grade structured parking. Pulte homes will be constructing town homes, while Fairfield Residential is planning additional apartments. A hotel is also a possibility for the development.

According to Martin Klingel, Vice President of Development at RCP, his company has not yet submitted for its detailed site plan approval, but will within the next month. He said site plan approval could take up to a year, with construction likely to take another two years beyond that point.

Takoma Project Gets Underway as Apartments

The developer of the aborted Centex project, the Pavilions at Takoma, has begun excavation on the site to carry the project forward, now as an apartment complex. Atlanta-based Gables Residential, which owns numerous apartment buildings throughout the DC area and has substantial assets throughout the Southeastern U.S., demolished the existing structures after it purchased the land from Centex in January of this year, and has begun underpinning to make way for the new building. Gables will go forward with the same Eric Colbert-designed project originally planned by Centex, with 144 units, 180 underground parking spaces, and street-facing courtyard two blocks from the Takoma Park Metro Station, but will develop the property as rental apartments instead of condos. Centex began selling the project as condominiums in the Fall of 2006 before selling the development outright, but sales for the project were reportedly slower than anticipated, one of several Centex projects locally that began marketing but never got out of the ground. Gables expects the project to complete in the first quarter of 2009.

Silver Spring’s 1200 Blair Mill Project Has a New Name – The Argent

As mentioned just a few short weeks ago, Perseus Realty, LLC was observed breaking ground on the fence-enclosed, small 0.77-acre triangular lot located at 1200 Blair Mill Road in Silver Spring (where Blair Mill, Newell Street, and East-West Highway meet - previously home to a car detailer shop) in preparation of the developer’s $37 million residential development (pictured, but without the Mica condo looming behind it). Word now comes that this address now has a name: The Argent. When completed in mid-2008, The Argent will be a nine-story building featuring 96 condominium units (including 12 moderately priced dwelling units (MPDUs)) and 46 below-grade parking spaces. Perseus is also expected to offer a roof top deck and a 4,200-square-foot public park. The residences will include efficiencies, one, and two bedroom units starting in the $400,000s. The Argent will be designed by architectural firm JSA Inc., employing art deco touches and nine-foot ceilings. JSA will also work with Baltimore-based landscape architecture firm Mahan Rykiel Associates to design the public park in front of the building, with the focal point being a commissioned sculpture by local artist Mary Ann E. Mears.

New Name, New Town Center for Rhode Island Metro

As first reported in dcmud back in March when it won zoning approval, big plans are in the works for the area immediately surrounding the Rhode Island Metro station in Northeast DC, with the then-named Brentwood Town Center by developer Rhode Island Avenue Metro, LLC (the combination of Mid-City Urban LLC and A&R Development) looking to emulate the successful Bethesda Row and Shirlington mini-village concept with a “main street” and town-house style buildings. But while the plans remain, the name has now changed. The $96 million Rhode Island Station project, as it is now known, will contain a total of 370,000 sf and will include 274 rental apartments and 70,000 sf retail space that will spread along Rhode Island Avenue NE and surround the entrance to the metro station. The complex will feature a number of small buildings as opposed to two or three larger structures, allowing for color and architectural diversity. In addition, the town center will include two parking garages with over 400 parking spaces for retail and residential uses as well as parking for metro customers. The developers expect to have letters of intent from national businesses for 50 percent of the retail space by the end of this summer. The land for this project is owned by the Washington Metropolitan Area Transit Authority, but is being rented to the developer under a 60-year ground lease. The project is set to break ground in early 2008.

"Contested" 5220 Wisconsin Project Wins Zoning Approval

Last week, the DC Zoning Commission granted its initial approval to DC-based developer Akridge’s proposed mixed-use development for 5220 Wisconsin Avenue NW, over objections by the local Advisory Neighborhood Commission regarding the project. Akridge hopes to build its $30 million Friendship Heights condominium complex just south of the metro station between Harrison and Jenifer Streets NW, now home to a flower store and a used-car lot and auto body shop. The planned building would house up to 70 condo units (seven percent reserved for affordable housing), and offer 13,200 square feet of street-level retail, plus two levels of underground parking.

In unanimously approving this project, the Zoning Commission reject opponents’ claims that the 79-foot building would tower over the neighborhood, and instead saw it as a natural continuation of the larger-scale development just to the north. A final vote on this project has yet to be scheduled.

Condo units at 5220 Wisconsin (one and two bedroom) are expected to be between 1,100-1,300 sf, with an average price of $800,000. The structure would include a five-story traditional-style brick section facing Wisconsin Avenue to help mesh it in with the existing streetscape, with an additional two stories of glass set back from the street. The southern part of the structure will taper down to three stories on the southwestern side. There will also be an open courtyard at the center of the building, which is planned to be LEED Certified (Leadership in Energy and Environmental Design), with "green" features such as a roof that stores and filters storm water and the recycling and reuse of 50% of all construction materials waste. In addition to this building, Akridge plans to upgrade the existing yet foreboding PEPCO substation to the south of this site by restoring its façade, fixing the sidewalks around it, and adding windows for artwork displays. The developer hopes to start construction on this project later this year.

Howard Town Center to Move Forward Slowly, but Surely

Redeveloping almost an entire city block at Georgia and V streets, Dallas-based High Street Residential, a wholly owned subsidiary of Trammell Crow Company, is planning Howard Town Center, a mixed-use project that will include 70,000 s.f. first-floor retail that may include a Fresh Grocer, 322 market-rate apartments, and a parking garage that will hold approximately 500 spaces at its completion. Designed by Michael Marshall and Gensler and co-developed by Michele Hagans, the $75 million project was announced by developers in April 2003, but has been on hold ever since.

According to Ed Morgan, a Principal at Trammell Crow, developers have been awaiting a final land swap of the city’s Bond Bread Building for the university’s land at Sherman and Florida Avenues. The end may, however, be in sight. Morgan said applications for permits are expected to be submitted in the spring of next year.

While Morgan did not comment on the lawsuit, the Washington Business Journal’s coverage of the suit reported that People’s Involvement Corp., a community development company filed a lawsuit against the city stating that the Bond Bread Building had been promised to the company in the 70’s. That same building was a key component of the aforementioned land swap. A D.C. Superior Court judge ruled in favor of the city in September of 2005, PIC responded with an appeal. In December 2006, D.C. Councilmember Jim Graham introduced legislation to finally begin the construction of the Howard Town Center in 2007.

If permits are obtained in a timely matter, Morgan said the project could be completed as early as 2010.

Pearson Square in Falls Church To Go Rental

Continuing a familiar trend, last week Atlantic Realty, the developer of the mixed-use Pearson Square condominium project currently under construction in Falls Church on the former 4.6-acre site of a duckpin bowling alley at 410 S. Maple Street between Route 7 and South Washington Street, approached the Falls Church City Council and requested permission to convert all of the building’s 230 residential units from condos to rental apartments. If Atlantic wins approval for this conversion to rentals, the company will then sell the units to Carr Homes, which in turn has a deal to convey them to the Trans-Western Company. The Falls Church City Council is expected to officially vote on this request at an upcoming meeting. This move by Atlantic is not expected to impact its deal with the city on the massive City Center redevelopment plan.

Portico a Go?

When we last left off on our saga of the Portico condominium in Silver Spring at 1203 Fidler Lane (next to Cubano’s and its tasty offerings, and just a quick walk to the Metro), it appeared the project was moribund, if not outright dead. The Patriot Group’s projected 12-story, 158-unit condominium with 89 parking spaces (original rendering pictured) was initially delayed in 2005 when the neighboring Cameron Hills townhouse development complained about the insufficient parking and density for the project, and soon after the Patriot Group abandoned the project, selling it to Centex Homes, which has been mum on its plans for the project since that time. However, there now appears to be serious activity on the site, with a massive shovel arriving on the lot last week, and excavation now in full swing this week, indicating that Centex (if not another group or even Patriot Group itself) might in fact be moving forward with this project, though whether in its original configuration or a new direction is unknown at this time. We are poking around to uncover more details, and will be sure to update this post as soon as we learn new information.
Update: It's indeed Patriot Group that has retained this project and is moving forward with developing Portico.

West End Condos Inch Forward

TRS Inc. received approval this week from the National Capital Planning Commission (NCPC) , one of several approvals needed to develop its mixed-use project as a Planned Unit Development (PUD) at 1227-1231 25th Street NW in DC's pricey West End. The lot, just north of M Street across from Rock Creek Park, is currently occupied by three office buildings that will undergo a renovation and conversion over the next year, modifying one of the office buildings (at 1227) and turning the other two structures into condominiums and adding four stories to each, permitting up to 295 residential units, including up to 8,000 s.f. as "affordable" housing. The site currently houses the Bureau of National Affairs Office, which will relocate to Crystal City.

The NCPC approval was needed because the project will rise to 110 feet, potentially obstructing adjacent federal land. The DC Zoning Commission heard arguments regarding the project in March but has not yet ruled on the matter.

Old New York Avenue Hecht’s Building To Become New Mixed-Use Development?

Readers of dcmud know of our particular fascination with all the new development slated for what we call The Devil’s Bowling Alley – that stretch of New York Avenue NE starting from N. Capitol Street going to the Maryland border long known for its auto lots, warehouses, and houses of "entertainment" of mixed repute. But the march of redevelopment continues its move eastward, first with MRP Realty’s mixed-use Washington Gateway project at the intersection of New York and Florida Avenues NE, and Abdo’s massive $1.1 billion Arbor Place complex planned for where New York Avenue, Bladensburg Road, and Montana Avenue NE meet. And now, it looks like the old Hecht’s distribution warehouse, located between these two projects on 16 acres at 1401 New York Avenue NE, will be the next to go under the knife. Pennsylvania-based Patriot Equities is now under contract to purchase the750,000-sf warehouse from Macy’s, and the company plans to develop a mixed-use complex on the site, with retail, office space, and residential units. As the property is currently zoned for industrial use, Patriot will need to have the zoning changed, as well as deal with the building’s landmark status. We will be sure to update you as plans are further developed and released.

Previously: Exclusive: Washington Gateway Project Images, Details
Previously: DC Zoning Approves Abdo’s Newly Named "Arbor Place" New York Avenue Project

JPI Announces New Residential Project for Ballpark Area

Just when you thought every available scrap of land had already been claimed around the new Nationals Ballpark area in Southeast DC, they find a new patch on which to plan another project. According to a press release just issued by developer JPI, the company is planning to build a fourth residential tower in the Ballpark zone (joining the 674-unit 70 and 100 I Street project buildings, and the 237-unit 909 New Jersey Avenue complex (pictured), which just broke ground this week). The new development – 23 Eye Street SE (on the south side of I Street, between South Capitol Street and Half Street SE) – will be a $150 million project and feature 421 residential units, plus up to 35,000 sf of retail space. Construction is expected to start in 2008. These new projects fall within what JPI is now referring to as the "Capitol Yards" neighborhood, north of the Ballpark and south of the US Capitol, below the Southwest-Southeast Freeway. 70 and 100 I Street are scheduled to be finished at the end of 2008, with 909 New Jersey Avenue set to deliver in mid-2009.

Ripley’s Believe It Or Not: Silver Spring’s 1050 Ripley Street Project Gets Go-Ahead

Last week, the Montgomery County Planning Board gave its approval to 1050 Ripley Street, a new mixed-use Silver Spring project planned by Bethesda-based developer Washington Property Company for the warehouse-heavy 1.16-acre plot of land south of Ripley Street (and the Silver Spring Metro), east of the CSX/Metro rail lines (and future Metropolitan Branch Trial) and west of Colonial Lane. The 1050 Ripley Street project will be a 17-story building containing 305 rental apartments (46 will be moderately priced dwelling units, or MPDUs), plus over 3,000 sf of ground-floor retail. There will also be 328 underground parking spaces. Architect will be the Weihe Design Group (WDG Architecture). In addition, the developer has proposed building a new road connecting Ripley Street and Bonifant Street to the north, and a plaza/rest area alongside the planned Metropolitan Branch Trial. There will also be room allotted alongside the track/path for the planned Purple Line light rail system. The 1050 Ripley Street project might be eventual neighbors with Kettler's Midtown Silver Spring hi-rise residential project, slated for the 70,000-sf parcel of land on the north side of Ripley Street between Georgia Avenue and the railroad tracks, which (if built) will feature 317 residential units (42 MPDUs), 6,000 sf of ground floor retail/office, 480 parking spaces, and a 19th-floor swimming pool deck.

Our Feature Presentation: More Development!

Given the twists and turns of the real estate market, we often feel like cooking up some popcorn, sitting back, and watching the show. But this is taking things literally. Out in Fairfax County, the Merrifield Multiplex Cinema, located where Lee Highway meets up with Gallows Road, might soon be demolished and replaced with a massive 27-acre "town center" complex containing 800 residential units, 600,000 sf of retail (plus a rebuilt theater), and possibly hotel and office space, if South Carolina-based developer Edens & Avant and Bethesda-based Clark Realty have their way. Initial plans for this project were honored last year by the Washington Smart Growth Alliance, which praised the town center concept, along with plans to include three new urban parks throughout the site. There will also be a focus on mass transportation, with free shuttle service and pedestrian/bicycle accessibility to the nearby Dunn Loring-Merrifield Metro station. To date, the development team has spent over $100 million just acquiring land and planning for the project, and expects to have final site-plan approval before the county’s Board of Supervisors in October 2007. If approved, ground could be broken by Summer 2008. Together with Trammel Crow Residential’s plan to build a 720-unit apartment building with retail down Gallows Road on a 15-acre lot at the Metro station, Merrifield might soon be known for its bustling activity rather than rundown warehouses.

Silver Spring's 1200 East-West Highway Project Starts Work

For those living in Silver Spring in the Silverton or Mica, I would suggest investing in earplugs for the next year. In late May, dcmud reported that preparation work was being started on 1200 Blair Mill (the small 0.77-acre triangular lot where Blair Mill, Newell Street, and East-West Highway meet ), a $37 million, 99-118 unit condominium project by MR Associates, LLC (Perseus Realty, LLC). And now, as confirmed by our daily walk past this corner on the way for coffee, demolition work has kicked into gear on the site of 1200 East-West Highway (at the southwest corner of East-West and Blair Mill), with the existing auto repair shop on the property now meeting the wrecking crane. Originally a twinkle in the eye of Centex Cityhomes, 1200 East-West was shelved by that company last October. However, the project and plans were bought by Home Properties, with the only change now being apartments replacing the planned condos. When completed in 2009, 1200 East-West will contain a 14-story, mixed-use building, including 247 rental units (ranging in size from 715 to 1365 sf) and approximately 10,600 sf of retail space on the first floor, with over 200 below-ground parking spaces. These two projects, plus JBG and Turner Construction’s imposing 460-unit Silver Spring Gateway project just across East-West Highway, will ensure another year of orange cones, cranes, and dust for this tiny corner of town.

Previously: Signs of Life at Silver Spring’s 1200 Blair Mill Project?

Arlington Strip Mall to Receive Mixed-Use Makeover

In an effort to revitalize the “neglected” neighborhood at the intersection of Pershing Drive and Arlington Boulevard in Arlington, Abbey Road Property Group is planning a mixed-use project that will include 35,000 s.f. of retail space and 188 residential units. 7 Blocks away from the Clarendon Metro, the 287-acre site at 2201 North Pershing Drive is currently home to two older strip malls; Abbey Road has requested that the area be rezoned to allow for the residential portion of the development.

At its completion, the project will consist of two buildings. The first will have five stories, the second, four, each with retail below and residential space above. The retail portion will have at-grade structured parking behind the buildings while residential parking will consist of one below-grade level of parking per building.

Matt Birenbaum, Principal at Abbey Road said the development would be LEED (Leadership in Energy and Environmental Design) certified, one of the first in Arlington and the metro area. The development has also been recognized by the Washington Smart Growth Alliance for its reuse of an old shopping center. According to Birenbaum, the retail space will target a small format grocer for the corner of the intersection and restaurants and smaller shops for the remainder of the space.

“I think that this (the project) represents an opportunity to redevelop an older strip center and turn what was an automobile-oriented, 1950’s setting into a more pedestrian development pattern. It will be mixed-income, mixed-use. We are really reworking the streetscape, bringing the building up to the street. It could be a model for the redevelopment of old strip centers into more pedestrian-oriented sites,” he said.

The development’s zoning hearing is scheduled for the fall. Developers hope to start construction in the middle of 2008 with occupancy beginning in late 2009 or early 2010.

The Full Monty – More New Residential Units Coming to Bethesda

In the next week, the Montgomery County Planning Board is expected to approve the application submitted by Monty LLC for The Monty, a 210,000-sf, mixed-use development to be located in (surprise) the Woodmont Triangle area of Bethesda, specifically the rectangle of land between Fairmont and St. Elmo Avenues (4915-4917 Fairmont and 4914-4918 St. Elmo, now home to one- and two-story storefronts) to the northeast of Old Georgetown Road and southwest of Norfolk Avenue. The planned 17-story development will contain a maximum of 133 residential units (20 of which will be moderately priced dwelling units), and up to 7,700 sf of ground-floor retail, with 197 underground parking spots. About 5,500 sf will be public space, including a fountain, public art, benches, and a mid-street passageway between the two avenues. Architect for this project is SK&I. The Monty will be directly across Fairmont Avenue from the recently approved 118-unit 4900 Fairmont project, and is yet another addition to the rapidly developing residential market in greater Bethesda.

Previously: More Bethesda Development! 4900 Fairmont Avenue Project Up For Approval
Previously: Boomtown Bethesda – Yet More Development

Foggy Bottom’s Square 54 Project Receives Final Approval

Last week, the DC Zoning Commission unanimously approved the revised Planned Unit Development (PUD) application submitted by George Washington University and developers Boston Properties and Kettler to redevelop the 2.6-acre, former GW Hospital site bounded by 22nd and 23rd Streets, and Pennsylvania Avenue and I Street NW (the southeast corner of Washington Circle), into Square 54, a mixed-use "town center" with office, residential, and retail space. The Commission had asked GWU in March to revise the height and density of the proposed buildings, so the school took 18,000 sf off the office portion and 15,000 sf from the residential. In April, the National Capital Planning Commission recommended that the Commission approve the new proposal. The $250 million Square 54 project will feature approximately 336 "luxury" residential units (non-university housing), with over 80,000 sf of retail space (including a 27,000-sf supermarket and outdoor café space) and 440,000 sf of office space overlooking Washington Circle. There will also be over 1,000 underground parking spaces. Designed by Pelli Clarke Pelli Architects, LLP and Sasaki & Associates, the project will also include an open space courtyard with pedestrian walkway, and landscaped plaza for outside dining that will have gates at I and 23rd Streets. Completion is expected in 2011.

Previously: GWU Squaring Away Old Hospital Site

Washington D.C. retail and real estate development news

And Now For Something Completely Different ... Joule Now Extended-Stay Housing

Back in February, the Ed Peete Company announced that it was converting its nine-story, 87-unit Joule Condominium project at 3409 N. Wilson Boulevard (located between Clarendon and Ballston) into apartment rentals, despite the fact that 90 percent of the units had been sold and the project was just about finished (these contracts were cancelled). But now, in an interesting twist, it now appears this stylish building will become an extended-stay corporate housing location operated by PA-based Korman Communities Inc., which bought the property from Peete for $43 million and will manage it under its AKA subsidiary. One-bedroom units at the AKA-Arlington are leasing for $135 per day (two bedrooms for up to $215/day), with a minimum 30-day stay requirement – somewhat expensive, but given the high-end condo amenities featured in these units (including washer and dryer units), possibly worthwhile. As the market continues its upward climb again, we’ll watch to see the future fate of this and other projects.

YMCA, Perseus Ready to Move Forward on 1325 W Street Mixed-Use Project

After months of negotiation, it appears that the nonprofit YMCA of Metropolitan Washington DC is partnering with DC-based developer Perseus Realty LLC to redevelop the existing YMCA Anthony Bowen center at 1325 W Street NW in Shaw (the oldest YMCA in DC, dating back to the 1850s) into a $100 million mixed use complex that will include a new, larger YMCA facility (45,000 sf), over 200 apartments, and 12,000 sf of retail. The Washington Business Journal reports that under the arrangement, Perseus will build and finance the YMCA’s new facility, and in exchange receive the land for the apartment building and retail, which it will own and control. The YMCA will own and run the new facility. In preparation for this development, Perseus has already purchased five buildings along this block fronting 14th Street between W Street and Florida Avenue – these structures will be preserved for the retail portion of the project. The architects for this project are the DC office of Hellmuth, Obata & Kassabaum and Dorsky Hodgson & Partners. If all permits and approvals are received, Perseus hopes to break ground in late 2008, with completion expected toward the end of 2010.

Bon Voyage to Vaughn Place Condo Sales

After two years of marketing and sales, the Carlyle Group of DC and Bethesda-based Ross Development have ended sales for Vaughan Place condominiums at McLean Gardens on Wisconsin Ave and 38th Street, NW, and have turned the project back into rental apartments. The 574 units included three living options – “The Tower” which offer 1 and 2 bedroom units, townhouses, and terrace homes that included studios and 2-bedroom, 2-bathroom units. Less than half of the units were reported sold as condos before the decision to revert the remaining units to leases. Sales by McWilliams Ballard began in the winter of 2005 and were halted in April of this year. Rents are now starting from $1,750/month.

Several condo projects in DC have gone rental in the past months in and around the DC area. While institutional lenders have continued to impose pre-construction sale requirements on residential projects, often demanding the same sales quotas considered reasonable only two years ago, public perceptions about the market have meant increasingly fewer buyers are willing to sign contracts up to two years before a project’s completion. The gap in between lenders' requirements and actual sales volume has been the catalyst for many of the post-sale conversion to apartments recently, often against the judgment of the development team.

Past projects have also converted to leased apartments for developers’ fear of buyers walking away from their deposits at the last minute, particularly in projects that had higher levels of investors. Representatives for Vaughan Place would not comment on the decision.

Luzon Loses Innards, Façade All That Remains

Driving down Pennsylvania Avenue NW into Georgetown, if you glance to the right at 24th Street you will see the familiar peeling yellow façade of the historic Luzon Apartment Building propped up with steel scaffolding … and nothing else. Late last year, Intrepid Real Estate LLC broke ground on the new Luzon, which will incorporate the existing facade at 2501 Pennsylvania Avenue NW into a new luxury condominium, plus new construction on the next-door lots. The Wrecking Corporation of America is presently working on the excavation necessary for the project (which involves both prepping the pad for this building, as well as shoring up the surrounding old townhouses), and expects to have this work completed by July. Plans call for 16 large units (2600 to 4000 square feet each) in the eight-story building (pictured), with elevators that will open directly into the condos. Pricing is expected to range from $1.8 million to $4.5 million, with the Milan-built kitchen units costing $100,000 per unit alone. The Luzon - originally built in the 1890s - was a 20,000-sf brick structure with wood framing, much of which was damaged by water and neglect over the past two decades while vacant. It was designated a historic building in 1990, which ensured its façade would be preserved during this renovation. In addition, the original bell tower at the top will be restored. The full project, which is directly across the street from the Columbia Residences and new Trader Joe’s grocery store, is expected to be completed by late 2008.

Petworth’s 4136 Georgia Avenue Condo Gets Zoning Approval

Last week, the DC Zoning Commission granted approval to Petworth Holdings LLC (Formant Development) for its proposed seven-story, 57-unit mixed-use condominium to replace the gas station now located at 4136 Georgia Avenue (at the intersection of Kansas Avenue and Upshur Street) in Petworth, just four blocks from the Georgia Ave. Metro station. There is expected to be 5,000-sf of ground-floor retail, and the roof will be environmentally "green" in keeping with the current development trend. Four of the condo units will be priced below market, with Petworth residents given first priority. There will also be 37 below-ground parking spaces. Because the 75-foot building would exceed the 50-foot height limit of the site, zoning approval was necessary. In return for the zoning exception, the developer will donate $125,000 to the Petworth Recreation Center and Clark Elementary School. SGA Architects has been selected to design the building, with current plans including a brick structure with warehouse-style bay windows from floor to ceiling (pictured). Formant does not expect to break ground for another two years, with sales following.

NCRC Narrows Potential McMillan Site Developers to Three, Awaits Its Future

The National Capital Revitalization Corporation (NCRC) has whittled its list of potential development teams that responded to its solicitation for development of Phase I of the 25-acre McMillan Reservoir sand filtration site along N. Capitol Street down to three finalists: Republic Land Development, EYA, and Federal Development. Original plans call for a massive mixed-use development, including 1200 residential units, with affordable housing, 100,000 sf of retail, a community center, and a "cultural center," though it is unclear what the final product will eventually be. Phase I work will include site assessment, land use planning, and land development activities designed to deliver ready-to-build bases for a mixed-use project. The NCRC is moving forward with its plans despite moves by the DC Council to eliminate both it and the Anacostia Waterfront Corp. (AWC) and transfer their projects to either the Office of the Deputy Mayor for Planning and Economic Development or a new agency called the DC Economic Development Authority. A final decision is expected from the DC Council on this move in June.

Signs of Life at Silver Spring’s 1200 Blair Mill Project?

As is dcmud’s wont (and craving), we walk past 1200 Blair Mill Road on our way to secure our daily caffeine fix, and the last week or so has seen increased activity at this fence-enclosed site, including some surveying and the presence of heavy equipment doing demo work on the small 0.77-acre triangular lot where Blair Mill, Newell Street, and East-West Highway meet (previously home to a car detailer shop). And digging a bit reveals that in fact a building permit was issued in late April to MR Associates, LLC (Perseus Realty, LLC) for this lot. As first reported last year, Perseus – unless there have been last-minute unreported changes - is looking to build a $37 million residential development (pictured) containing between 99-118 condominium units, with 46 below-grade parking spaces. Approximately 15 units will be moderately priced dwelling units. Perseus is also expected to offer roof top deck and public green space, and the residences will include efficiencies, one, and two bedroom units. With JBG and Turner Construction’s quickly rising 460-unit Silver Spring Gateway project just across the street, this corner of East-Way Highway will get quite crowded in the next few years. We will continue to monitor the progress of this project.

New Digs for Riggs and Dakota

As previously reported in DCMud, Lowe Enterprises Real Estate Group is planning the development of their 9-acre site at the intersection of South Dakota Avenue and Riggs Road. A partnership of Hickock Cole Architects, Jacksophie Development, Ellis Denning, CityPartners Development, and mixed-use planners, StreetSense, the development team is planning a mixed-use project that could include up to 900 condominium units, 100,000 s.f. of retail space, and corresponding parking.

While no final plans have been made, potential retail options include restaurants, a grocery store, salons, and dry cleaners. Developers also plan to improve the traffic dynamics of the intersection to make it more pedestrian-friendly. The project is estimated to cost $300 million according to the Washington Post’s coverage of the development.

Located blocks away from the Fort Totten Metro Center, the development may also include a pedestrian pathway to the station which is served by the Red and Green Line. According to the Washington Business Journal’s coverage of the project, WMATA would like to extend the Yellow line to include Fort Totten Station.

It may be another month before plans are finalized as community support of the project is necessary. Developers plan to meet with community groups to present and discuss their plans. Their current community website gives a general overview of the project. We will keep you posted as plans are finalized.

JBG Eyeing Massive Complex for Courthouse Metro Site

Is Chevy Chase-based JBG Cos. the "Superman" of developers in the Washington region? It appears the company isn’t content just leaping the tallest buildings in Arlington in a single bound with its Central Place project at the eastern foot of Wilson Boulevard in Rosslyn. Now it wants to take us to court – namely, the Courthouse Metro block, just a mile down Wilson Boulevard between Rosslyn and Clarendon. JBG is now working with Arlington County on plans to redevelop an existing commercial strip along Clarendon Boulevard (at the corner of Courthouse Road, where it runs right next to Wilson Boulevard) above the Courthouse Metro stop (now home to long-time favorite Summers restaurant, Boston Market, Cosi, and the Strayer University building, among others) as well as the parking lot behind it into a block-long, 700,000-sf office and ground-floor retail complex that would be the tallest building (up to 16 stories) in the Courthouse area (but smaller than Central Place). The complex would connect to a civic plaza and culture center to be built on the parking lot site. The Courthouse development will be just blocks west of the new residential condos The Odyssey (2001 N. 15th Street) and 1800 Wilson, as well as the upcoming 2000 Wilson project .

Hashing Out New Condos on U Street

Once just a wrong turn off U Street, the neighborhood north of U continues to evolve, with sales of The Lacey set to begin this week as the developer breaks ground on U Street’s latest residential development. Designed by Division1 Architects (the architect behind Lima, one of K Streets trendiest night spots, and the acclaimed 1024 W Street), the Lacey will be impossible to miss, a strikingly ultra-modern, a 26-unit residential building that will incorporate extensive use of glass walls and concrete throughout its four stories, a clean break with the surrounding federal-style townhouses, featuring Hansgrohe fixtures and Snaidero cabinetry. The new condo will replace the parking lot next to the legendary Florida Avenue Grill - serving grits and hash since 1944 and regularly patronized by DC politicos – and is being developed by the Grill’s current owner, Imar Hutchins. 

The Lacey is named in honor of Lacey C. Wilson Sr. and Jr., longtime proprietors of the Grill. "The Lacey celebrates the vision, perseverance and ambition of two men, who symbolize the essence of this community," says developer Imar Hutchins. "It truly sets a new standard of urban living in the U Street neighborhood." Sales of the studio, one- and two-bedroom units start in the mid $300’s. The Lacey will be built by Eichberg Construction, construction began in April, completion is expected in Summer 2008. The new condo will sit only two blocks from the U Street Metro. And thankfully, the Grill will remain.

Washington DC commercial real estate news

Affordable Housing, Historic Preservation for Arlington's Buckingham Village Apartments

Pending County Board approval, construction will begin in November on a portion of Arlington’s Buckingham Village Apartments’ redevelopment process that is being developed by Paradigm Development Company. The site is currently divided into three villages, two of which will be included in the development. The site plan includes renovation, preservation and historic designation of 140 units located within Village 3 as well as the creation of 68 for-sale townhouses and 504 affordable and market-rate rental apartments.

Village 3, bounded by Fourth Street North, Thomas Street, North George Mason Drive and North Perishing Drive, has been identified as a historic district and is scheduled to be purchased by Arlington County. According to Micheline Castan-Smith, the project manager for Paradigm, Village 1, which is bound by George Mason Drive, North Pershing Drive, and North Henderson Road, will be turned into a combination of affordable and market-rate apartments and for-sale townhouses.

The proposed site plan included review and comment from Arlington County’s Department of Community Planning and Housing Development, community advocates and residents. According to Castan-Smith, the main goals for the project are community and historical preservation as well as affordable housing for those who currently live in the villages and for those who will move into the area. The Arlington County Board will meet to discuss and vote on the project on June 9th. We will keep you updated.

Cohen Companies Joins Southeast Redevelopment

It’s a one, two, three-phase development for the SE ballpark area. The Rockville-based Cohen Companies (working with ADC Builders) is in the process of attaining permits for its 820,000 s.f. mixed-use project that is planned for 1025 First Street SE (the former home of old-school nightclubs Wet and Edge). Three blocks away from the new Nationals Stadium, Phase One of the project will include Velocity, A Condominium, a 200-unit building with below ground parking for residents. The building will also include a central courtyard and restaurant retail space on the ground floor.

Phase Two will be identical to Velocity with another 200 condominium units. Plans for Phase Three have not been finalized, however candidates for the third building include a hotel with condos, an office building, and more retail space.

Speaking of one of many new developments in the area, Michelle Pilon, project coordinator at Cohen, said the project is an important part of the revitalization of Southeast. “The revitalization of Southeast is going to bring such vitality, urban art, and retail to the area – it will put DC into the 21st century. It will not just be this federal government city, it will have a vibe.” Construction is slated to begin on June 1st with completion scheduled for the end of 2009.

Bethesda's 4900 Fairmont Avenue Project Up For Approval

You know you want it … you know you need it – more Bethesda development! Yes, would it be an official week of dcmud blog posts if we didn’t have at least one new Bethesda project to lay out for you all?

This week, the Montgomery County Planning Board is set to hold an approval hearing on 4900 Fairmont, a mixed-use development submitted by Fairmont Development LLC to replace the one-level row of shops and restaurants (including Haandi, a tasty Indian place) at the southwest corner of the intersection of Norfolk and Fairmont Avenues in the Woodmont Triangle section of Bethesda. Fairmont is looking to replace the current structure with up to 154,864 total sf of new development in a 16-story building, with possibly 118 residential condo units (15% being moderately priced dwelling units) on top of 5,500 sf of ground-floor retail. A four-level underground garage would hold 168 spaces. The developer will also be expected to improve the streetscape along Norfolk and Fairmont Avenues, as well as the land along the northern part of Norfolk in Veteran’s Park. The Planning Board is expected to grant approval to this proposal. No timeline is yet known for project completion. The 4900 Fairmont application can be viewed here.

The 4900 Fairmont project is just around the corner from Duball’s Lionsgate, a new 12-story building with 150 upscale condos on the corner of Woodmont Avenue and Old Georgetown Road, and joins other new buildings in the immediate Woodmont Triangle area of Bethesda, such as the 71-unit Rugby Condominium, the 46-unit Woodmont View, and the 60-unit Auburn Avenue project), as well as the other new projects a little south down Woodmont Avenue in Bethesda Row.

Arlington County In Search Of Developers for New Columbia Pike Project

For years, Arlington County’s long-neglected Columbia Pike corridor has stood by while other areas of the county saw new residential and commercial development, the windfall of the hot real estate market. But the next few years will be the Pike’s time to shine, as a number of revitalization projects are about to deliver, break ground, or make progress (such as the 235-apartment Columbia Village, the 299-apartment Penrose Square, the proposed $150 million streetcar system planned for a five-mile stretch along Columbia Pike between Pentagon City and Skyline in Fairfax, and more . Next up: Arlington County’s proposal to redevelop the Arlington Mill Community Center site, located at 4975 Columbia Pike, just west of S. 4 Mile Run Drive. The County is now accepting proposals from pre-qualified developers interested in turning the Center into a mixed-use site, with a new community center, up to 250 residential units (no decision yet on condo or rental), and 5,000 sf of retail space. The County hopes to have a partner for this project selected and ready for the County Board’s approval this July, with final approval hopefully granted by year’s end. The Request for Proposals can be found here.

WMATA Solicits Bid for Florida Ave Development

The Washington Metro Area Transit Authority (WMATA) announced that it is soliciting bids on three of its properties on Florida Avenue in Shaw, opening the possibility of urban infill near one of the least developed Metro sites in Northwest. The three parcels abut 8^th Street to the East and West, on the South side of Florida Avenue. Sited between the Shaw and U Street Metro stations, each two blocks away, the parcels are currently unimproved – excepting the regular local flea markets – and contain about 29,000 s.f. of developable space. The three small, noncontiguous lots may be a challenging development; each is currently zoned to allow a maximum height of 65 feet, though the Arts Overlay Zone may provide bonus density for ‘arts related’ uses, and are encumbered by the Metro tunnel that passes below, limiting excavation to 19 feet. WMATA is proposing to sell or lease the lots, likely for a mixed-use project incorporating residential development. Bids for the project are due May 31.

List Narrowed to Four Developers for Catholic U. Mixed-Use Project

Catholic University has shortened its list of potential developers for its planned mixed-use residential/retail complex to four companies, and hopes to have the winner selected by this June, according to the Washington Business Journal. The targeted site is an eight-acre area in the South Campus, below Michigan Avenue NE, just west of the Brookland Metro station, now occupied by three student residence halls (Spalding, Spellman and Conaty Halls), St. Bonaventure Hall, and empty lots now used by the Brookland farmers’ market (the halls will be razed and new halls will be located on the main campus for students). The four shortlisted developers are EYA, Monument Realty, Trammell Crow, and Abdo Development. Catholic hopes this private development will revitalize Michigan Avenue NE and the area around the metro stop, and well as generate revenue for the school.

Bethesda’s Rugby Condominium Project Back on Track?

Last Fall, after months of discussion, the Montgomery County Planning Board denied the application submitted by developer 4851 Rugby Avenue LLC to build The Rugby Condominium, a 10-story, 71-unit building with 1,250 square feet of public art studio space planned for 4851 Rugby Avenue (on the north side of Rugby, at the intersection of Rugby and Auburn Avenues) in downtown Bethesda’s Woodmont Triangle, saying that the planned building height of 101 feet would exceed the nine-story (90 feet) zoning limit. But now the developer is back with a revised application – to be considered by the Planning Board as early as May 3 - that has a lower height and larger public arts space. The Planning Board is expected to grant approval to this new application. The new application proposes 61 condo units (eight being affordable housing) and 2,000 sf for four art studio spaces (plus a 3,277-sf outdoor plaza) all in a nine-story building. There will also be three levels of underground parking. If approved, the developer hopes to begin construction in 2008.

Solea Condo Project in Columbia Heights Acquires Site, Groundbreaking Possible This Month

Last week, the Jair Lynch Companies, leading a team that includes the National Capital Revitalization Corporation (NCRC) and MacFarlane Partners, announced that the group has officially acquitted the land in Columbia Heights for its Solea project, a mixed-use and mixed-income live/work property. The Solea will be located on what was formally known as Parcel 34 at the northwest corner of 14th Street and Florida Avenue NW, just above the U Street corridor at the start of Columbia Heights. The 60,700-sf project will feature 52 residential condominiums (21 of which will be set aside for affordable and workforce housing), seven live/work units, and three retail condos (two of which will be affordable space for local business). Architecture will be by Sorg & Associates, with both Hamel Builders and Gilford Corporation as the general contractor. Tania Jackson, Director of Community Policy for Jair Lynch Companies, tells dcmud that the company expects to break ground on Solea later this month.

Bethesda's Battery Lane Condo Plan Approved

Last week, the Montgomery County Council approved the Development Plan Amendment submitted by Battery Lane LLC for its Woodmont View mixed-use project, to be located on the northwest corner of Woodmont Avenue and Battery Lane, a block or so east of the main drag of restaurants and shops in Bethesda. Woodmont View will be a residential complex with 46 condo units (with eight moderately priced dwelling units) above a ground-floor restaurant. The existing four-story office building on the property will be destroyed. In addition to the condo complex, the developer will build one single family home on the northern end of the parcel, most likely for personal use. [Additional architect drawings can be found here (PDF).]