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Thursday, May 03, 2012

NoMa's Capitol Square Hotel to Break Ground This Summer

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 Phase One of JBG's long-delayed Capitol Square mixed-use megadevelopment is finally set to break ground, with future phases scheduled for completion over approximately the next five years.

"The first phase of our Capitol Square project, a 200-room Hyatt Place hotel, is scheduled to start construction this summer and be complete by the end of 2013," said a source at JBG.  "The office, residential, and retail will follow in future phases."

Capitol Square will go up on the triangular wedge of land bounded by New York Avenue, First Street, and North Capitol Street, currently the site of the defunct New York Avenue Car Wash, nightclub Mirrors, a Covenant House youth shelter, and an older office building, also named Capitol Square (a name so catchy they had to use it twice).  Phase one, represented by the aforementioned hotel, will be located on the west end of the site, adjacent to where Covenant House is currently located.  The massive new office-residential-hotel-retail project will eventually bring over 2 million square feet of leasable space to NoMa, including 85,000 square feet of ground floor retail space.  Capitol Square is one of four properties in the District being developed under the umbrella of JBG Urban, a multibillion-dollar joint venture between JBG and real estate investment management firm MacFarlane Partners.

The project represents a major step in the continuing revitalization of NoMa which, despite all the hype, is still very much a work in progress.  While various real estate brochures and promotional literature like to cite the area's sizeable daytime population (NoMa BID estimates 40,000), this number glosses over the fact that after the proverbial closing time whistle, NoMa still becomes eerily quiet, though this and many other projects in the works will do much to amend that reality.

The area's bottleneck entrance from the north will presumably be alleviated by street improvements that are part of the Capitol Square project, as well as MRP's upcoming Washington Gateway project at nearby New York and Florida Avenues, which promises a "European plaza experience," featuring widened sidewalks, promenades, and sidewalk cafes.  NoMa has come a long way from when the term "neighborhood" could barely be applied to the area, but for now it remains a work in progress.

Washington, D.C. real estate development news

Monday, April 30, 2012

New Wheaton Site for Mixed-Use Residential

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The Washington Metro Area Transit Authority (WMATA) is offering another parcel for development in Wheaton, this one zoned for a potentially large residential and retail development.

The closed-bid offering posted last week for a 3.83-acre vacant lot at 11507 Georgia Avenue in the Wheaton Central Business District. The new space is in addition to two other parcels previously offered up for development.
Map of lot for sale and neighboring area. Source: WMATA website

Jonathan Walk, an associate with Jones Lang LaSalle Americas Inc. working with WMATA to facilitate the transaction, said the group realized it could sell the vacant lot while pushing for development of a nearby site.

"This is something where they know they don’t need this land -- they’ll never need this land," Walk said.

Montgomery County recently up-zoned the lot with the Wheaton CBD and Vicinity Sector Plan. The new CR zoning allows up to 250 apartments and 80,000 s.f. of retail. WMATA will retain an underground easement and a small piece of the southwest corner of the lot. Initial bids are due June 15.

This deal could be easier than some, Walk said, because it involves a fee simple transfer instead of a ground lease or joint development effort.

WMATA has been selling land for redevelopment like the JBG Companies development planned for Florida Avenue and the Monument and Akridge developments at Half and M streets.

At the same time WMATA hopes to acquire a much bigger parcel, the transit authority is searching for 7 to 10 acres in the District for bus garages.

Wheaton, Maryland, real estate development news

Sunday, April 22, 2012

New Parks Plan for NoMa

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NoMa BID released its new Public Realm Vision Plan Friday night for the growing community of residents, shops and offices. The vision includes three parks and a "modern, monumental gateway."

With 1,200 apartments already leased and 2,200 more under construction, there are plenty of residents looking for space to relax, play, and interact. The vision offers ways to create the space they need.

"To me, neighborhoods are about ... the interaction of people both with the environment and with each other outside their own private places," said NoMa BID President Robin-Eve Jasper. "So parks are just a critical part of that. And we have disaggregated what a park is around the concept of what jobs do people hire parks to do."

With that in mind, the Public Real Vision Vision Plan was borne. According to a Friday press release from NoMa BID, the vision focuses on four sites:
  1. The Plaza: A public gathering space at First and L Streets, NE
  2. The Tracks: A recreation and train-watching venue between the railroad tracks and Second Street, NE at K Street, NE
  3. A casual neighborhood park at Florida Avenue and N Street, NE
  4. The Gateway: To enliven and add color to the intersection of New York and Florida Avenues and First Street, NE, the plan envisions large, colorful obelisk-type structures greeting residents and visitors on their way to and from NoMa and Washington, D.C.
The vision plan is a preliminary look at what could be created in NoMa, but details have not been worked out. According to the press release, Councilman Tommy Wells introduced legislation that could created funding for the parks.

The press release states that property owners with land next to the proposed sites "have been approached, and many are considering ways they can incorporate the NoMa parks ideas into their own future developments." Translation: NoMa has potential for traditional neighborhood amenities, but its going to take a village.

Washington, D.C., real estate development news

Wednesday, April 04, 2012

Former Metro Ice Warehouse To Be Replaced By Residential

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Devrouax + Purnell architects, Washington DC commercial real estate for sale, B&B Realty InvestmentDevrouax + Purnell architects, Washington DC commercial real estate, B&B Realty Investment
The former Metro Ice warehouse at 50 Florida Avenue, NE is set to begin a long-rumored conversion to a residential building, according to a PUD application filed recently by B&B Realty Investments. "The building we expect will have somewhere in the range of 185 to 200 units," said David Bralove, Principal at B&B. "Along with 15,000 square feet of ground floor retail. As to whether it will be condos or rentals, we don't know yet. Right now we're hoping to get on the board's July schedule - they don't have hearings in August - which would put us on track for final PUD approval in early 2013."

Devrouax + Purnell architects, Washington DC commercial real estate, B&B Realty Investment, warehouseDrawings from architect Devrouax + Purnell depict a nine-story, v-shaped building, with a twelve-foot-high granite base and limestone veneer, its facade dominated by glass panels and juliet balconies. Inside, there will be three unit types; efficiencies, one bedrooms, and two bedrooms, ranging from 450 to 945 square feet. Plans also include 72 below-grade parking spaces and a large green roof.

B&B purchased the 62,000-square-foot ice warehouse in early 2011 for a rumored price of a little less than $10 million. The lot, which is just under an acre, is presently zoned for commercial use only, but developers Devrouax + Purnell architects, Washington DC commercial real estate, B&B Realty Investment, retail for leasehave applied to have the zoning amended to C-3-B, over protests from some locals.

Washington D.C. real estate development news

Thursday, February 16, 2012

Will Old Post Office Deal Accelerate Hoover Building's Demise and FTC's Move From Apex?

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The General Services Administration's controversial nod to billionaire Donald Trump's bid for underutilized Old Post Office has refocused attention on the eastern end of Pennsylvania Ave. where several key government buildings could be in play.

Top of the list is the J. Edgar Hoover Building between Ninth and Tenth Street.

In November 2011, the Government Accountability Office released a report detailing what to do with the tired and unpopular J. Edgar Hoover FBI building on Pennsylvania Avenue. The Hoover Building, a Brutalist piece of concrete completed in 1974, has few current fans, even among the District's vocal preservationist crowd.

"Nobody will shed a tear when it goes," said Steve Calcott of the District's Historic Preservation Review Board. It's also much maligned as a "block-killer" for Penn Quarter as security considerations nixed any plans for street level retail. "We're just waiting for the day when the bulldozers arrive," said Karyn LeBlanc of the Downtown DC Business Improvement District.

The structure is equally unloved by the G-men as well, apparently. According to the GAO report, leaks, lack of windows, and poor access make the Hoover Building despised by its inhabitants, many of whom are now farmed out to other buildings in the D.C. area post-9/11 for security reasons.

The FBI desperately needs to centralize those agents to streamline operations and react more swiftly to threats. That's compounded by the fact that since 9/11, the number of FBI personnel working in and around Washington has nearly doubled, from 9,600 in 2001 to more than 17,600 in 2010. Given too that the FBI building and its agents are a prime terrorist target, the GAO's report also references key security weaknesses in the building (the specifics of which are classified in this report) that make it a prime candidate for replacement outside of the aesthetics.

The GAO's recommendations should cheer anybody eagerly awaiting a wrecking ball for the old structure. The government watchdog agency noted that at 2007 prices, remodeling the existing Hoover Building to come into compliance with EnergyStar and LEED certification would top $1.9 billion and take nearly a decade and half of work to complete.

Conversely, demolishing the unloved building and replacing it with another at the same site would cost a relative pittance, just $850 million, completed over nine years. Meanwhile, building the FBI a new headquarters somewhere else in the Washington metro area would cost about $1.2 billion and take seven years.

The rapid appreciation of real estate prices on Pennsylvania Avenue could make selling the land to a private developer an incentive for the GSA to find a new home for the FBI. The land that was $41 a square foot in 1963, when the GSA purchased 233,000 s.f. to build the FBI building, is now worth more than one hundred times that, says Gerry Widdicombe, director of economic development at the Downtown DC BID.

That would mean a windfall for the GSA of $500 million to $800 million, (minus $20 million or so for demolition) -- half the cost of building a new FBI building on a new site, Widdicome said.

It would also create a prime spot for a developer to bring more retail, given that Donald Trump plans a luxury hotel and restaurant across the street. "You knock down the FBI building, you can have a serious conversation with a department store like Harrods, or Bloomingdales, or Selfridges, since you would have the necessary volume," he said. "There's no doubt that the Trump deal for the Old Post Office will move the conversation about the FBI building forward."

While a suburban campus location for the FBI might appear the ideal choice, if only to free up the
real estate beneath the building, Britain's FBI equivalent, MI5 has stayed in Central London as the agency has grown, moving into a rehabbed government building, Thames House (right) in 1994.

Towards the same end of Pennsylvania Avenue, the Art Deco Apex building, built in 1938 and currently occupied by the U.S. Federal Trade Commission is also being sought after as an expansion for the National Gallery of Art. Rep. John Mica, a Florida Republican who heads the House Transportation and Infrastructure Committee and oversees the GSA's plan of disposing federal buildings, has made it clear he wants the FTC out of the Apex Building and the National Gallery of Art in. "One way or another we are going to get that building," he told GSA head Robert Peck in a recent hearing on Capitol Hill.

Despite criticism of the Donald Trump deal for the Old Post Office Pavilion, the GSA has had recent success in transforming dormant federal
properties into vibrant spaces. In 2002, the GSA partnered with San Francisco-based Kimpton Hotels to open the Hotel Monaco in Penn Quarter in the former Tariff Building which had stood empty since 1987. The opening of the hotel was soon followed by the Spy Museum and Zola restaurant in the 800 block of F Street.

Widdicome said that demolishing the block-killing Hoover Building, as well as re-purposing the Federal Trade Commission building as a museum, together with the new 250-room Trump Hotel at the site of the Old Post Office Building would go a long way towards improving the Eastern end of Pennsylvania Avenue, which columnist Russell Baker called "a marble graveyard" after dark.

Next up, says Widdicome, will be repurposing the underused Pershing Park and Freedom Plaza, as well as relighting Pennsylvania Avenue to make it more amenable to pedestrians. "Things are finally falling into place for Pennsylvania Avenue," he said.

Washington D.C. real estate redevelopment news.


Monday, February 06, 2012

Florida Rock Development Reboots, Meets Resistance

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With demolition of the concrete plant finally complete, RiverFront on the Anacostia, the on-again off-again Southeast waterfront mega-project is on, again - pending various hearings, presentations, meetings, and ultimate approval of some very substantial changes to the zoning application.
Developers Patriot Transportation Holding Inc. and Midatlantic Realty Partners LLC (MRP) filed a modification with the Zoning Commission last month to, among other things, modify the Phase One building from an office complex to a residential building. The proposed residential building would be nine stories tall and include up to 350 units, 286 underground parking spaces, and 300,000 square feet of gross floor area (8% of which would be set aside for affordable housing at 80% of AMI). The new filing retains the 12,500 s.f. of retail space for lease, but now wants to earmark 7,000 s.f. as "flex space" or "residential amenity space."

Last week, the Zoning Commission gave their first impressions of the new plans, and it wasn't pretty. One commissioner called it "an affront" and a "bastardization," even going so far as to suggest the developers might have to start the PUD process from square one. Another excoriated the developers from reducing the initial 80,000 s.f. of retail space to under 24,000 s.f. in the latest filing, with 7,000 of that possibly being converted to non-retail "flex space." Even the most positive board member damned the project with faint praise - characterizing it as an improvement on the original PUD, but "boring" and "simplistic." In the end, the board deferred a decision, and the next public hearing is on February 13.
The new building, designed by SK&I, is U-shaped, facing the river, with a private inner courtyard. On the east side is a planned greenspace (Anacostia Plaza) and on the west side, in between the Phase One building and the Phase Two (also residential) building, another large plaza (the Mews) that "privileges pedestrians over vehicles." The new landscape plan, by Oculus, uses the idea of "ecotone" (in the report, this is defined as "an ecological term referring to the transitional zone between two ecologies") to create an impressive stormwater management and filtration system that will both provide lush public native plant green spaces, and filter runoff. (And the Anacostia River can use all the help it can get.)

Phases II (a 262K s.f., 130-foot tall residential building), III (326K s.f., 130-foot tall office building), and IV (275K s.f., 130-foot tall hotel) are unchanged. FRP anticipates a Q2 2013 groundbreaking, with move-ins starting in Q1 2015, and everything wrapped up by that summer.
Big picture, the plan is cut from the same cloth as the plans for the Wharf and the Maryland Avenue redevelopments. (There are only so many ways to skin a cat, after all.) Much like those plans, this latest filing is hoping that their conversion of the Phase One building from office to residential "will provide the critical mass of people necessary in order to support future office and retail uses." Of course, this could take a while, which is the thinking behind the "flex space." What if they build it, but people don't come? The plan also asks for permission to use the Phase II/III/IV sites for interim projects like a farmer's market or temporary retail, rather than letting those spaces remain dormant. It's a good strategy to lure more people to the area, and can only help not just their development, but the neighborhood as a whole as it gears up to make the transition to world-class waterfront. But first, developers need to win over the Zoning Commission, which is proving to be a harder task than they may have anticipated. 

Thursday, February 02, 2012

Washington Gateway Finally Breaking Ground?

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MRP Realty edged closer to a groundbreaking of the $360 million Washington Gateway in NoMa, as crews this week began disassembling commercial billboards occupying the three-acre site at the intersection of New York Avenue and Florida Avenue, NE.

While some real estate insiders said construction would start shortly, Julie Chase, a spokeswoman on behalf of MRP Realty, said in an e-mail not to read too much into the action on the site as MRP is still in the permitting process. "Yes, the billboards are coming down, but that does not mean they are starting any construction," she said.

The two billboards on the site, both facing the railroad tracks, the Metro Red Line and inbound New York Avenue drivers, have been a familiar sight for road and rail commuters, but now it appears they could finally be replaced by construction cranes and equipment.

The million-square-foot project, designed by SK&; I Architectural Design Group and Gensler and to be built by Davis Construction, will be completed in three phases. The first step will be SK&I's 11-story apartment building with 400 units and 5,200 s.f. of retail.

The initial phase will be followed by two Gensler-designed 11-story office buildings, one with 200,000 s.f. and the other with 400,000 s.f., along with 10,000 s.f. of retail. Gensler is the designer of PNC Place at 800 17th Street NW, and SK& I recently designed Wisconsin Place in Friendship Heights.

All told, the 170-foot high (by some ways of measuring), triangle-shaped project with green space in the middle will have about 15,000 s.f. of retail facing Florida Avenue, NE, which will get its own facelift with new sidewalks, street lighting and landscaping.

The anticipated construction of Washington Gateway comes as the District is in the middle of a $36.5 million rehab of the nearby New York Avenue bridge which will run through September 2013, thanks to federal American Recovery and Reinvestment Act stimulus funding. The bridge reconstruction, which began in March 2011 is about 40 percent complete, according to contractor Fort Myer Construction Company. Already, on the northwestern side of New York Avenue, NoMa West, by Mill Creek Residential Trust, is nearly a year in towards constructing more than 600 residential units, having broken ground in March 2011 and is expected to be complete by spring of 2014.

Washington D.C. real estate development news

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

Monday, January 09, 2012

DDOT Planning 14th Street Facelift

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Washington D.C.'s fast-growing 14th Street corridor between Thomas Circle and Florida Avenue may finally get some much-deserved street-scaping improvements soon, says John Lisle of the District Department of Transportation.

Plans that have been in the works since 2009 may get accelerated after DDOT commences on a similar street-scaping project for U Street later this year, Lisle told DCMud. The 14th Street design, which wrapped up last April at a cost of $450,000, includes iconic "twin-20" Washington Globe lighting along pedestrian walkways and "teardrop" pendant lighting for street illumination.

Included will be dedicated bike lines and pedestrian "bulb-outs" for safety. At key intersections, such as Rhode Island Avenue, Florida Avenue and U Street, crosswalks and sidewalks will get special iconic identification. Cracked cement sidewalks will give way to London pavers, similar to those required in the Downtown DC Business Improvement District. New street furniture such as garbage bins, tree boxes and bike racks are also in the works for the 14th Street upgrade.

Already, parts of 14th Street in the downtown area have gotten similar treatment. The District was able to use $3.6 million in federal Recovery Act funds in 2009 and 2010 for improved street lighting and sidewalks for a stretch of 14th Street between K Street and Thomas Circle, which got its own facelift. A stretch of 11th Street between Massachusetts and O got its own similar upgrade in 2009.

Lisle says that the city has focused on completing its "Great Streets" programs first before tackling major upgrades of other corridors. The "Great Streets" program, started in 2005 by then Mayor Anthony Williams, is working in conjunction with the Office of the Deputy Mayor for Planning and Economic Development to jump-start retail and development on long-dormant corridors that have historically been gateways to the city, such as H Street, Pennsylvania Avenue and Georgia Avenue.

The H Street "Great Streets" corridor has just completed, and includes tracks for the District's trolley car plans, while the $3.6 million Georgia Avenue "Great Streets" project is also nearing completion. Pennsylvania Avenue's Great Streets construction, running from 27th Street to Southern Ave, will finish next month at a cost of more than $25 million in federal Recovery Act money. The District has also used $4.5 million in federal funds to rehab stretches of 17th Street, NW with similar lighting upgrades and street furniture, as well as a project on 18th Street in Adams Morgan to improve lighting and pedestrian access, scheduled for completion in May.

The 14th Street Logan Circle corridor has been ground zero for the District's inner core revitalization. Whole Foods, between 14th Street and 15th Street on P Street, which opened in 2000, now anchors the corridor.
Washington D.C. real estate development news

Thursday, December 29, 2011

2011 Year in Review

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Looking back on 2011, the year may be known in the real estate world as a year of binge-buying and construction of apartment buildings, or the year Walmart came to town, at least on paper. But with Washington DC's population growing and construction financing available, the city added many new restaurants, apartments (though condos still lagged) and even some office buildings. Here's a look at some of the many developments that shaped the year:

14th Street Rules
14th Street saw developers lining up in swarms as JBG broke ground on District Condos (Jan 10) and quickly leased up retail in the future building (pictured below), showing the commercial strength of 14th Street, though the building later converted to rentals, showing the relative strength of the apartment financing market. Nearby, Georgetown Strategic Capital readied to build Utopia at 14th & U, though JBG took that up too. Level2 Development got support for 144 units across the street on the 1900 block of 14th, UDR got underway on its 255-unit apartment building replacing the Nehemiah Center, Douglas Development got approval for 30 units on the 2200 block, Habte Sequar started work on his 30 unit project at 14th & R, while PN Hoffman began converting the Verizon building across the street into 40 condos. The Irwin neared final approval for 60 units on lower 14th Street, and Furioso put up a design for a 42,000 s.f. office in the 1500 block.

Virginia, Towering Above Others
Virginia went big this year: Dittmar submitted plans for 500 apartments in Virginia Square (Jan 11), though construction has not yet begun. The beltway's tallest building - at nearly 400 feet - got underway in Alexandria, another just a hare shorter got closer in Tysons Corner, both barely eclipsing the Rosslyn tower that poked above ground (pictured, left) just a few days ago. JBG contributed with its 474-unit Rosslyn Commons groundbreaking (Jan 6).

There was finally a kick start for Buzzard Point (Jan 17), thanks to Duane Deason, who is planning the first residential project in the largely forgotten area, with zoning approval secured in August. Not too far away, Camden Properties began their residential project on South Capitol (June 13) giving the area some momentum. A new bridge and streetscape on the way for South Capitol gave the area even more buzz.

Columbia Heights saw nothing like the boom that hit it in previous years, but Chris Donatelli began adding another building next to his two centerpieces at 14th & Irving.

Getting Malled
It was a busy, if controversial year for the Mall: Eisenhower drew the most attention as Frank Gehry, the chosen architect, put forward 3 plans for a tribute. One was selected, but public discontent with the starchitect's vision was strong, and one arts group put forward its own competition. The winning vision was displayed, briefly. Three areas of the fading Mall were designated for a redesign (Oct 26). Rogers Marvel Architects was chosen as the designer for President's Park South (July 7), while DC residents begged for the reopening of E Street, and The Disabled Veterans' Memorial got nearly ready for construction near the U.S. Capitol (Oct 5). The Martin Luther King Memorial progressed from dirt piles to completion, opening this summer (Aug 12), and the African American Museum of History and Culture got nearly off the ground. Not to be outdone, Latinos pursued sites nearby for another museum on ethnicity and race (July 2).

NoMa boomed, again. Its second hotel, a Hilton, opened in April, Mill Creek Residential broke ground (March 18) on 603 rental units, Skanska purchased a lot in January and planned its largest office building in the DC area (Aug 10). Camden started off 320 units of housing in September, and MRP let slip that they intended to kick off Washington Gateway at NoMa's northern edge (Aug 29) after years of waiting. StonebridgeCarras started digging for phase II of Two Constitution Square (May 12) for 203 residential units and then broke ground on Three Constitution Square (Oct 18) on spec, like its predecessors. NoMa East, however, continued to idle.

Shaw had its day, again and again, as Four Points (officially, anyway) got to work on Progression Place (Feb 5), while the CityMarket at O got underway (pictured, below) two months after the Giant closed. New designs were released for the Wonder Bread buildings (Aug 30) Jefferson Apartment Group bought Kelsey Gardens (Oct 27), promising a quick start of removing the eyesores. Finally, Two more Marriotts were planned next to the Convention Center (June 22).

Take Me to the River
Construction was everywhere in the Capitol Riverfront neighborhood in southeast with the construction of Canal Park (Feb 15), and a new bridge (Nov 21). Foundry Lofts opened to the public, reconstruction of the boilermaker building got underway for the area's first retail component, work on the Harris Teeter and apartment building commenced and Florida Rock demolition finally began. Other waterfronts made progress too as plans in Old Town and southwest DC inched along.

Elsewhere around the city, the CityCenter mega-project got underway in April, still without a tenant; GW faced a public outcry over its plan to demolish historic rowhouses on Pennsylvania Avenue, the Wisconsin Ave. Giant finally got the financing to go forward with the residential and retail project, then beat off the NIMBYs, and Dakota Crossing was purchased, facilitating a big-box retail development where a forest now stands. Tenleytown got an unsightly library, finally (Jan 19) and new school, Eastbanc unveiled its designs for the West End (Apr 8), and the Bozzuto/Abdo team broke ground for the 2nd big project in Brookland.

Bethesda, and its Northern Neighbor
In Bethesda, Bainbridge got to work on its 17-story apartment building, while the Trillium site was sold to StonebridgeCarras and Walton Street Capital (Mar 9), injecting the moribund project with hoped-for new life. Way up north in the neighborhood that no one can agree what to name, White Flint (aka North Bethesda, aka Rockville) got ready for a building boom as JBG and LCOR beefed up residences (1275 by LCOR) planned for the ongoing construction sites and Federal Realty planned 1725 residences. JBG already has the tallest residential building in Montgomery County, which it plans to surpass with its next phase (pictured, at right).

Projects that wanted to be on the 2011 list but will now have to dream of the 2012 list: anything in Fort Totten, Skyland redevelopment, Arlington's first LEED Gold apartment building, reconstruction of Babe's Billiards, the Florida Avenue / Capital City Market, the Adams Morgan hotel, the Akridge and Monument Half Street projects in southeast, and Howard Town Center, to name just a few.

Monday, December 19, 2011

Today in Pictures - Florida Rock

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Just below Nationals Stadium, Patriot Transportation Holding Inc. and DC-based Midatlantic Realty Partners LLC, (MRP) began demolishing the concrete plant to make way for RiverFront on the Anacostia, 1.1 million s.f. of residential, office, retail and public access to the riverfront. Construction is expected to begin in 2013.




Washington D.C. real estate development news. Photos courtesy Rey Lopez.

Monday, November 21, 2011

Anacostia Riverwalk Trail Gets a New Extension

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The goal of a 20-mile trail to line both sides of the Anacostia River is getting one step closer. Forest City, which is the middle of a developing much of the Capitol Riverfront waterfront and sponsored the trail, will hold a ceremony tomorrow to unveil its latest section: a 611 foot pedestrian bridge connecting Diamond Teague Park and the Park at the Yards. The new bridge will surmount the DC Water facility now dividing the two parks, furthering the pedestrian path that will eventually parallel the Anacostia River and wrap around Buzzards Point, connecting northeast D.C., the southwest waterfront, and the tidal basin. (photo below credit to Capitol Riverfront BID)

The bridge - an arched pier with wood (ipe) planking and steel cabled rails - was designed by Paul Friedberg of MPFP LLC, a New York landscape architecture and urban planning firm that designed the neighboring park and Capitol Riverfront's first footbridge (pictured at right).

The new bridge will rise up to 18 feet above the average waterline to allow service boats to access the O Street pumping station, which pumps water to the Blue Plains treatment facility. The incandescently lit pier will offer interpretive graphics talking about the use of water and history of DC water.

Diamond Teague Park, just below Nationals Stadium, now becomes the western terminus of bike trail. Michael Stevens, Executive Director for the Capitol Riverfront Business Improvement District, says the next westward expansion depends on development of the Florida Rock development site, which is still in the planning stages. Stevens predicts that by 2013 the trail could connect the baseball stadium to Minnesota Benning.
 

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