Showing posts sorted by date for query 10th and G. Sort by relevance Show all posts
Showing posts sorted by date for query 10th and G. Sort by relevance Show all posts

Tuesday, January 24, 2012

MRP Plans "Trophy" Office Space in Penn Quarter

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MidAtlantic Realty Partners LLC, better known as MRP, today announced a joint venture with real estate investment management firm Rockpoint Group LLC to build a new Class A "trophy" office building at the southwest corner of 9th and G Streets in Penn Quarter, the former location of the National Capital Area YWCA.


The 112,000 s.f., nine-story building will be designed by San Francisco-based Gensler. Like many of its Washington contemporaries it will include a glass-wrapped exterior with nine-foot ceilings for levels two through seven and two penthouse levels with ten-foot ceilings that have views of the Capitol and the Washington Monument. The company says it will be LEED-Gold certified and will also include a "green" roof with storm water treatment. MRP says the building will use 12 percent less energy and 40 percent less water than typical office spaces.

"We will develop a dramatic building that visually captures the corner while creating an active and memorable street-level retail experience," said Bob Murphy, managing partner of MRP Realty in a statement.

Julie Chase, a spokeswoman for MRP says the tenants of the 9-story building currently on the site are expected to move out by June of this year and that the building will be torn down "immediately after." Chase said MRP was not willing to release the overall costs of the construction. "They will be commensurate with a high-quality trophy building," she said.

The corner is already home to the Ludwig Mies van der Rohe-designed
Martin Luther King Jr. library, and will sit astride the Smithsonian Museum of American Art, the National Portrait Gallery and Gallery Place Metro, connecting to the Red, Green and Yellow lines. Skanska Commercial Development recently completed an $85 million "trophy" space at 10th and G Street.

The National Capital YWCA, which occupied the lower floors of the 9th Street building, moved to a new 15,000 square-foot location at 14th and Florida in December.
Washington D.C. real estate development news

Wednesday, August 10, 2011

Take a Chance on Me: Skanska Mulls Speculative Offices for NoMa

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For a world of runaway debt, careening stock markets, sinking credit ratings and overall financial gloom, the Washington D.C. commercial real estate market is a surprisingly bullish place. One such believer is Skanska, fresh off success with a speculative office project in Penn Quarter, and mulling an encore for its NoMa project that it purchased last January.

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.

At 10th & G Streets, Skanska is celebrating a 90% lease up of the office building - its first in the United States - that will complete next month after starting off sans tenant. Only about 16,000 of the 165,000 s.f. office building remain unclaimed, and the 4,000 s.f. ground floor retail space has been leased to Comma, which will serve 3 squares a day. 3 major tenants account for most of the leasing activity that is expected to earn LEED Gold certification.

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

Thursday, February 24, 2011

Rosslyn Office Project Breaks Ground Today

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This morning marks groundbreaking at 1776 Wilson Boulevard in Arlington, a self-financed Skanska development of a five-story office building with 108,000 s.f. of rentable space and 26,000 s.f. of retail. Skanska is shooting for completion in a year and a half.

Skanska purchased the site for $10 million in 2010 from George Contis, whose property had housed Medical Service Corporation International. Skanska will build out the RTKL-designed plans, having stepped into the shoes of this and several stalled DC area projects like the PN Hoffman office project at 10th & G and Opus's southeast office project at M and Half Streets.

The ground breaking ceremony begins on site at 11:30 A.M.

Arlington, Virginia Real Estate development news

Thursday, October 28, 2010

Buildings at 1776 Wilson Blvd to Crumble Soon

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As Skanska continues to build up at 10th and G Streets NW, approaching "concrete topping out," developers expect the current buildings at their project site on the west side of the Potomac to come down very shortly. Rosslyn's Medical Service Corp. International office, Arlington Motor Cars, and Fashion Dreams, purchased from George Contis for ten million dollars in early 2009, are set to be razed in early December. Already approved development plans were included in the deal, and Skanska will follow through on the original RTKL-inspired vision of 142,000 s.f. of office space with a full ground floor of retail at 1776 Wilson Blvd. Although construction won't be coming "out of the ground" until February, with an official groundbreaking happening shortly after, Jessica Murray of Skanska assured DCMud that "you'll see activity happening before then." While Murray was able to promise impending explosions (figuratively not literally) and subsequent dirt-pushing, she could not report any lease agreement for the office or retail space at this time. "You'll know when that happens," she added.

Meanwhile, Skanska reports that construction crews are "currently placing concrete on the seventh floor" at 733 10th Street NW. Masonry work should begin next month and curtain wall glass is anticipated to begin at the end of November. Murray also confirmed that developers expect the 3,946 s.f. purchased from the First Congregational United Church of Christ's (originally the owners of the property) stake in the ground-floor of the building will likely feature a "white tablecloth" dining establishment as well as a cafe. The Church will maintain its presence in the new building with a freshly designed 25,000 s.f. of worship and office space. Substantial completion of the building is expected in September of 2011.

Correction: Skanska representatives wish to impart to DCMud and their readers that in fact NO EXPLOSIONS will actually happen during demolitions in Rosslyn. Furthermore, the restaurant space going there is not white tablecloth, quite the opposite, as the style of eatery will be either "fast casual" or a café. Jessica Murray explained that this is an important distinction given the zoning issues at hand.

Washington, D.C. Real Estate Development News

Saturday, September 18, 2010

Skanska Office Project to Fill in Wilson Boulevard

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Skanska USA announced on Friday that it would turn a pair of single-family homes-turned business into a 5-story Class A office building in Rosslyn at 1776 Wilson Boulevard. The self-financed project will turn one of the increasingly scarce development cavities on Arlington's main boulevard into 108,000 s.f. of office with a full ground floor of retail, designed to meet LEED Gold standards. Skanska says demolition of the existing buildings will take place within the next few months.

Skanska purchased the site for $10m this summer from George Contis, who had planned and received approval to scrap his own Medical Service Corporation International and build a medical office building on the site, a project Contis intended to start in early 2009. Skanska will take over Contis' plans, including the "virtually column-free" RTKL designed building, adapting it to much sought-after office space (oh wait, we got it confused with 2005 for a minute). Executive Vice President Rob Ward called it "an extraordinary site" in a statement, and promised completion in about a year and half. A 231 space, 3-level parking garage beneath the building will service tenants. It also appears that Skanska will honor Contis' plans to extend N. Quinn St, connecting Clarendon and Wilson Boulevards, breaking up the "super-block" and adding a pedestrian plaza.
Skanska touts that green credentials will be achieved with a vegetated roof, "energy-efficient windows" (those crazy Swedes), power outlets in the garage for electric vehicles, and improved air quality "to enhance worker productivity." Future employees take note. Skanska's speculative office endeavors include an office building under construction at 10th & G in Penn Quarter; its construction arm is finishing up work on an office building at Half and K Streets, in southeast DC.

Arlington Virginia real estate development news

Monday, June 21, 2010

A Wedding in Washington (and Virginia): Tektonics Design Group

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Tekton: from the Greek, meaning one who works with their hands. -Wikipedia

For the intrepid 11-member Richmond, Va.-based Tektonics Design Group, blazing trails into D.C. territory with a local office helmed by architect and LEED AP Will Teass, working with their hands has little to do with memories of Mr. Connolly’s freshman shop class. In fact, it has everything to do with the marriage of custom fabrication and cutting edge design, with which the firm is fast becoming synonymous. In short, Tektonics is in the details.


“There are two sides of our practice that merge,” Teass said, explaining with Principal Damon Pearson that the group, which started in a Connecticut garage, is not a signature style design firm. “We’re not a signature style anything,” Pearson affirmed, alluding to Tektonics’ maverick modus operandi.

Founded in 2003 by industrial designers Christopher Hildebrand and Hinmaton Hisler, the two principals had worked together in a New England fabrication shop before partnering and relocating to their garage digs. With backgrounds in fine arts, sculpture, blacksmithing and metal working, Hildebrand and Hisler tackled projects head- (and hands-) on with the same vision and acumen they later brought to their Mid-Atlantic practice. When joined in 2007 by architect Damon Pearson, Tektonics quickly developed a reputation for its execution of complex commercial and residential design challenges.

The View from Here

Sometimes viewed as the architect’s architects and (industrial) designers, Tektonics Design Group is often retained by the architect of record as a key component in the design and building processes. In this respect, the primary architect’s vision sets the stage for a collaboration which results in Tektonics’ quest for materials and methodology that will completely transform a space, or a particular element of that space, something Teass calls “things that are designed discretely within the context of the overall project.”

In the case of the design for a new, mixed-use church and office building near the Convention Center at 10th and G Streets NW, in downtown Washington DC, working under the aegis of Cunningham Quill Architects in D.C. and Tod Williams Billie Tsien Architects in NY, Tektonics is charged with cladding a column that has particular significance for the church. Tod Williams Billie Tsien had clad the façade of NY’s American Folk Art Museum with white bronze panels wrought from sand molds taken from the texture of concrete. The result was an irregular shape and texture, which is also the objective for the column that will become the symbolic icon for the D.C. church. While not looking to replicate things entirely, Tektonics’ goal is to decide how to meet the primary architect’s (or builder’s) vision with appropriate, even locally-sourced and sustainable materials when possible, and to determine a casting process within the parameters of the client’s budget. The group also prides itself in successfully reducing cost in many cases. At a project’s inception, “…sometimes the drawings for a particular project can be an abstraction,” Teass said, admitting he didn’t want to sound pejorative. “But they can be drawn in such a way that can be very expensive, and because we’ve done so much of this before, we have a really thorough understanding of a level of detail most architects haven’t had exposure to.”
The View from Within


Operating from a nearly 11,000 s.f. warehouse in Richmond with a full millwork shop that includes CNC milling equipment and a metal fabrication shop, the group’s dexterity with metal, wood, glass, synthetics, stone and concrete has facilitated the design of such entities as a servery ceiling in the form of an overturned boat at Annapolis’ Naval Academy, a 300-ft curved stainless steel guardrail for Richmond’s Lewis Ginter Botanical Garden and a staircase for Richmond’s Reynolds Crossings building. “Every time we present this (Reynolds Crossing) project, people want to know what it looked like before,” Pearson and Teass recalled. The staircase, cantilevered off a beam inside the wall, required that Tektonics fabricate the steel cantilevered treads that are about 50 inches out. A glass guardrail sits in a bracket at the end of the cantilever. Teass explained that glass as a material “can be intimidating, but it’s actually remarkably strong, though very sensitive to movement and deflection” resulting in cracking. With this in mind, the firm ended up developing the connection detail and having the glass prefabricated with the use of templates, then installed.

In possibly one of their most rigorous design challenges, under the auspices of Rand Construction, the group has recently begun work on the redesign of a solarium – to be sited in the interior of P.J. Clark’s, the NY-based restaurant coming to Washington. The 19’ x 29’ornate metal solarium with Victorian overtures, curved roof and flat glass skylight, acquired at auction, reflects the restaurant’s vocabulary but must be modified to fit within its space. Originally designed to be outside, the solarium will arrive at Tektonics’ Richmond facility where the group, among everything else, will scale it down and fabricate the roof – its most complex component. Working under its own roof, something the group promotes whenever possible, precludes time spent in the field where laborers and materials may be subject to such variables as changing working conditions, weather and more.

A View to the Future

For Teass and Pearson, who each graduated from the University of Virginia and received masters degrees from Princeton’s School of Architecture, working in the hands-on realm of fabrication plus design was a natural expression of their respective philosophies. Teass, who spent high school and college summers employed as a millworker, believes the chasm between drawing/designing and building is a result of the intellectualization of architecture in the past 120 years, when it began to exist as a profession. People like Vitruvius and his successors were master builders, he explains, decrying the 20th and 21st century’s “disconnect” with the people who actually do the work. He does acknowledge a more recent shift, however, to a hands-on approach with the evolution of programs such as Auburn University’s Rural Studio, brainchild of architects Samuel Mockbee and D.K. Ruth, where students build homes for rural west Alabama communities. “I don’t see why they (schools) don’t all mandate it,” Pearson said.

With immediate plans to expand into a 30,000 s.f. office and fabrication space in Richmond’s Old Manchester district, and a move this month into brand new offices in D.C., Tektonics Design Group’s future appears as ambitious as its thinking.

“We are really focused on how things are put together,” Teass maintained. “It’s about the process.”

Tuesday, June 08, 2010

Skanska Celebrates Progress at 10th and G Streets

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When is a groundbreaking not a groundbreaking? Perhaps when the project is already well under way and a small box of dirt serves as shovel fodder on the rooftop of a nearby building, which was the scene at today's groundbreaking at 733 10th Street, NW. Still, progress is progress, and the new 10-story, 200,000 s.f. Skanska building at 10th and G Streets, NW, will change the face of the site that neighbors the MLK Library. According to Robert Ward, Executive Vice President at Skanska, the new structure should top out by the end of the year.

A church, in various iterations (see demolished church, at bottom), has sat at the site since 1865. Over five years ago First Congregational United Church of Christ released an RFP for the site, originally selecting PNHoffman as the developer for what was then planned as a combined condominium, church office, and homeless shelter and later an office building. When the developer ultimately lost financing, Ward and his team stepped into the picture and have been working with PNHoffman and the congregation to rework the plan for the downtown site for almost a year. Skanska now acts as the developer, financier and general contractor with PNHoffman as non-financing partner.

Under the agreement between Skanska and the church, Skanska will spend $21 million on the build out, and the church will get 25,000 s.f. of worship and office space, and 20 below-grade parking spaces. The religious portion will be designed by Todd Williams Billie Tsien Architects of New York.

Designed by Cunningham | Quill to achieve LEED Gold certification, the building will feature a vegetated green roof and hexagonal glass facade - from the fourth floor up. Upwards of 4,000 s.f. of ground floor retail will be a "nice enhancement" for the neighborhood, according to Ward, who hopes to secure a restaurant tenant. Delivery is expected by October of 2011, with development costs around $85 million.

Washington, DC real estate development news

Tuesday, May 11, 2010

Making Half Street Whole

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Construction noises and dust are a welcome sign at 1015 Half Street, a planned office project that fell victim to the economic times and has sat half-finished ever since construction stopped in mid 2009. The halted project was the product of a partnership between Opus East, LLC and Prudential Real Estate Investors until Opus ran aground and filed for bankruptcy in mid-2009. Now that court-appointed receiver, Douglas Wilson Companies, is in the picture, general contractor Skanska USA Building has a new $26 million contract to begin work again on the shell and bring 1015 Half Street to completion within the year. Skanska, which is developing the stalled office project at 10th & G, was the surprise choice in a bid awarded on April 23rd.

Construction, begun in October 2008, has now resumed, and will add 442,000 square feet of office space, complemented by 21,000 square feet of retail to the Capitol Riverfront neighborhood. The 10-story, WDG-designed building boasts a 2-story lobby, 8 1/2' ceilings, 3 stories of underground parking and views of the Capitol and Anacostia River. Opus purchased the property in 2007 from Potomac Investment Properties for $41.5m.

Skanska is shooting for a Silver ranking from the USGBC, the arbiter of greenness, by covering 60% of the roof with vegetation, using recycled materials, and adding bike racks and showers, among other features. Skanska Executive Vice President and General Manager, Chuck Brawley, said the project will "certainly be silver" but that the team is "hoping to get gold." Altogether a much different atmosphere than when the site was home of the Nation nightclub.

Skanska will still need to complete the building’s core and shell, including the building’s glass and precast concrete exterior skin before work on the interior commences, though Skanska anticipates completion by December. Brawley said his company "tried and succeeded to reuse the existing contractors" who had worked on the site, prior to the stall. About the significance of renewed work to the community, Brawley said the project is "realizing the potential of the area, moving the redevelopment along. We are excited to be part of this success." Skanska, headquartered in Stockholm, currently has 33 offices and 7,000 employees in the U.S. alone.

Washington, DC real estate development news

Saturday, November 14, 2009

Work Begins on Downtown Church Site

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Washington DC real estate, Skanska, PN Hoffman, Cunningham QuillThe First Congregational United Church of Christ and development partner Skanska have begun developing a 10-story, 200,000 s.f. mixed use building in downtown Washington DC where a Church has sat since 1865, and which PN Hoffman had previously attempted first a condo then an office project. The enviably positioned site between Metro Center and Chinatown is accessible from all 5 metro lines. Blake Dickson Real Estate - Penn Quarter, Cunningham Quill architect The church will reclaim office space on part of the first and all of the second floor, and develop 5,000 s.f. of ground floor retail and eight floors of Class A office space where the church once stood, at 733 10th Street, NW (at G Street), a modern structure which had taken the place of yet another church. Designed by Cunningham | Quill to achieve LEED Gold certification, upward construction could begin as soon as this January with anticipated delivery in 18 to 20 months. The new building will be a huge improvement over a site that many a nighttime passerby used to scurry past, helped not at all by vagrant filled MLK Library next door. The church congregation began considering a new development over five years ago in light of the costly repairs needed for the old building. After an RFP, the church originally hired PNHoffman as the developer for what was then planned as a combined condominium, church office, and homeless shelter. According to Meg Maguire, a spokesperson for First Congregational, as the condo market slid into oblivion in the beginning of 2008, the church took their developer's advice and redesigned the plan for an office building. Shortly thereafter the market further deteriorated, and the project lost financing, making way for international developer Skanska to swoop in during the first quarter of 2009. Blake Dickson Real Estate for leaseAccording to Robert Ward, Executive Vice President at Skanska, the company, which only just entered the US market as a commercial developer in late 2008, sought out the project and stepped in to purchase the air rights above the church ground. The agreement between the new developer and the church is for $21 million to include the cost of construction of the 25,000 s.f. of new church space as well as 20 below-grade parking spaces. Skanska now acts as the developer, financier and general contractor with PNHoffman as non-financing partner. Ward estimated the total development cost at $85 million, including the church's $21 million. Blake Dickson Real Estate for saleThe building will feature six sides of glass facade and all sides of the offices from the fourth floor up will be glass walled and well lit, as there is no adjoining structure and the MLK Public Library rises only four stories. The floor plates on the office floors are 21,000 s.f. and consist of an outer ring of column-free window line offices and conference rooms, with an inner ring of interior offices, meeting spaces and common spaces. As part of the LEED Gold design, the building will feature a vegetated green roof. Depending on when tenants sign their leases, the new office spaces could see occupancy as early as 2012. PN Hoffman construction developmentSince demolition and excavation began in 2007, the church has made a temporary home at First Trinity Lutheran church. The congregation will have to wait another 20 months or so until the new church, designed by Todd Williams Billie Tsien Architects, is ready. Renderings were provided by Interface Multimedia. First Congregational UCC shared their former space with Thrive DC, which now has a permanent home in Adams Morgan. Keeping with their tradition of providing space for like minded groups, the church plans to find an "appropriate nonprofit" to lease approximately 2,300 s.f. of "flex space" in its new home. Ward described the neighborhood's reception of the project as "welcoming," adding that the ground floor retail space will be a "nice improvement" for the block. Maguire said the congregation is "excited about having a new home that is forward-looking and meets contemporary requirements for their outreach and mission." Look for signs of progress in the New Year. 

Washington DC real estate construction images courtesy of First Congregational.

Friday, February 08, 2008

Mt. Vernon Church-Office to Ascend

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Carr Properties has just finished digging for the foundation for their project at 901 K Street, NW, and is now ready to go vertical. After contractors finish pouring the first set of pilings, the developer will set the tower crane which will allow for construction of the 12-story building.

The new addition adjacent to Mt. Vernon Square will be sandwiched in between the United Methodist Church at the easternmost corner, and the Henley Park Hotel at the northwestern-most corner - essentially taking up the entire rest of the block. The site is directly across the street from Mt. Vernon Square and the Washington Convention Center.

As with PN Hoffman's 10th and G project nearby, Carr's development will modify an existing historic church; which in Carr's case sits at the triangular intersection between Mass Ave., K and 9th Streets. In exchange for purchasing the church's land, Carr will provide the church with about 32,000 s.f. of space in the new building. Along with getting some tenant space out of the deal, the church also scored a much-needed upgrade package out of Carr and their design firm, the Smith Group. According to John Crump, principal at Smith Group, the hundred-year-old church has seen zero updates since it was built - so architects designed (and Carr funded) the interior renovations, adding elevators to the structure, replacing mechanical and electrical circuits and providing a new slate roof. In addition Carr waterproofed the church, cleaned and restored the facade of the building and blessed the sweltering holy place with the miracle of air conditioning.

All of that for a Class A, "trophy" office building. Totaling 250,000 s.f., the mostly transparent structure will contain four-below ground levels housing a concourse level and 225 parking spaces accessible from 10th Street. Above ground, the building will sit 12 stories high, with the the Mass Ave. elevation stepping back on the ninth floor allowing for roof terraces on floors 9 and 12, as well as upper floors with "floor-to-ceiling windows with 360-degree views," according to Holliday Fenoglio Fowler, L.P., the firm that arranged the $104 million construction loan.

Carr plans for LEED Gold Certification and expects to be completed in the third quarter of 2009.

Tuesday, November 27, 2007

PN Hoffman Switches NW Project to Offices

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PN Hoffman has announced that their downtown condo project is now going forward as an office building. The building, at 10th and G St, NW, will change from market rate condominiums to a mixed-use commercial center. Two years in the making, the project will create 140,000 s.f. of Class A office space atop a newly constructed First Congregational United Church of Christ (FCUCC).

PN Hoffman has been working together with ER Bacon Development LLC to finish design plans; the purchase agreement of air rights above the church's land has been finalized as of October, while plans to rebuild a new, two-story church underneath the commercial space are still in progress. The existing church, built in 1959, is set to be demolished in December. According to PN Hoffman, development of the church will include "approximately 36,000 s.f. of space comprised of a sanctuary and social service area...the facility will provide spaces for conferences, lectures, offices, classrooms, and music events." As part of the church's resurrection, the apportioned social service space under the glass-and-steel office structure will be leased to the Dinner Program for Homeless Women - definitely a mixed-use endeavor.

The current church is in dire need of an upgrade, hence the uncommon leveraging of sacred air rights. Meg Maguire, Chair of the Site Development Task Force for FCUCC explained: "There are many things wrong with the church, it isn't handicapped accessible, all of the systems in the church are in really bad shape and need to be replaced, so we were looking at a huge investment. Even if we made that investment, at the end of the day we were not going to have the home that we would need in the 21st century...we were very fortunate to find, in ER Bacon and PN Hoffman, a partner...It's been an incredible team effort."

The commercial portion of the site will house eight stories of office space and include a third floor outdoor-terrace so cubicle inhabitants can grab a breath of fresh air in between long hours of business-as-usual. The building's design is set to achieve a LEED Silver rating by incorporating a green roof, use of recycled construction materials and minimization of water usage. The design will serve as PN Hoffman's very first venture into the world of commercial office development. PNH had previously planned to build 140 "luxury" condominiums above the homeless shelter.

Cunningham + Quill Architects is handling the office space design, while NY-based Tod Williams Billie Tsien Architects has created plans for the church. Construction is set to begin in February, 2008 with an expected completion date in the fourth quarter of 2009.

Monday, August 28, 2006

PN Hoffman Plans New Condo in Penn Quarter

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Following up information first reported this May, Washington DC PN Hoffman has announced preliminary plans to redevelop the church located at 10th & G Sts., NW, into a 140-unit condominium building. The developer will raze the First Congregational Church currently on the site to construct a "super contemporary" building. The agreement has not yet been finalized, leaving details about the project’s design still fluid. No construction or sales dates will likely be available this year. The project is located adjacent to the old Convention Center, slated to become an enormous mixed-use development by 2009. This latest acquisition adds to the 4 large projects the developer is already building in the area, and to several other sizable projects in the developer’s pipeline.

Friday, May 12, 2006

PN Hoffman, DC Church to Develop Housing Next to MLK Library

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While details are still scarce, the Washington Business Journal is reporting that the First Congregational Church - located at 10th and G Streets NW (the same block as the MLK Library) - is planning to work with developer PN Hoffman to redevelop its half-acre property into "market-rate" housing, including a new sanctuary and a homeless-services center. PN Hoffman has estimated that First Congregational could generate up to $13 million from the project in total, depending on the final plans. First Congregational has resided at this location since the 1860s, with its current complex opening in the early 1960s. This project will continue the East End's radical makeover from desolate streets into a residential location.
 

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