Friday, April 27, 2007

Capitol Place Approved, But Upzoning Denied

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On April 11, the Near Northeast advisory neighborhood commission (ANC 6C) – while voting unanimously for Dreyfus Properties’ mixed-use Capitol Place project between Second and Third and G and H Streets NE – denied the developer’s request that a portion of the property be “upzoned” for taller and denser construction, saying the proposed scale would set an unwanted precedent for future construction along H Street, and tower over the nearby residential townhouses. Capitol Place, across from the new Senate Square, is projected to have 314 condos (15% set aside for affordable housing), 24,500 sf of retail space, and 380 parking spaces. Dreyfus was looking to have the northwest corner of the project upzoned to allow the construction of a 110-foot tower to match the symmetry of Senate Square. The DC Zoning Commission is next expected to review Dreyfus’ project application on May 7.
[Update (4/31): New rendering of project (h/t: pingo in comments).]

Thursday, April 26, 2007

Silver Spring’s Studio Plaza Project Downsizes

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Last year, developer Michael LLC submitted plans for Studio Plaza, the redevelopment of lots between Thayer and Silver Spring Avenues along Georgia Avenue in the Fenton Village area of the Silver Spring Central Business District now occupied with low-scale commercial buildings and surface parking. Initial plans called for a mixed-use development, with one seven-story building facing Thayer Avenue with 146,000 sf of office space and 20,000 sf of new retail on the ground floor, two 90-foot residential buildings facing Silver Spring Avenue containing 255 units and 7,000 sf of retail, and two small green parks.

But last week, the developer, citing zoning issues with the office space and parks, told the Silver Spring Commercial Economic Development Committee that it plans to drop the office building and all its retail space, plus the two parks, from its proposal, leaving just the two residential towers (pictured), but now with only 165 units instead of 255. No decision has been made yet as to whether these will be condos or rentals, though 15% will be set aside as moderately priced dwelling units. The residential buildings will retain the 7,000 sf of retail. There will also be 186 parking spaces below the residential buildings. The revised proposal is expected to be discussed before the Montgomery County Planning Board on June 7.

Wednesday, April 25, 2007

Two New Marina Views for Southwest

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The urban renewal of the 1950s left Southwest a forgotten section of DC, but recent projects are bringing new excitement and livability to the area. One such project is Fairfield Residential LLC’s Marina View Towers (click image to see rendering of project layout). The developer is renovating the two existing Marina View Towers at 1100 6th Street SW and adding two additional residential structures, a development that will be a mix of apartments, condos, a large central garden, and 8,000 s.f. retail space. Designed by I.M. Pei, the two original towers are of historic status and, thus could not be demolished; instead, they will undergo complete interior renovations. The north existing tower will become a 128-unit apartment building while the southern tower will be converted into a 120-unit condominium building. The final piece of the project is a 12,000-15,000 s.f. amenities building for residents that will include a pool, gym, lounge, and business center.

Taking the place of the two towers’ surface parking lot will be two new 112-foot towers each with approximately 145 rental apartments. Designed by Esocoff and Associates, both buildings will offer parking for residents, the north tower with three underground levels and the south with four; the new south tower will also include 8,000 s.f. of retail space.

Also being redeveloped in the developer-described “oasis” that is Southwest is the former Waterside Mall into “Waterfront” a mixed-use development that will share a driveway with Marina View. “It (Southwest) is not a hotbed because there are not a lot of available sites. There are the Forest City renovations, PN Hoffman, and Bernstein are working on projects in the area as well, but I do think in the next two years we will start to see a lot of cranes up in our section,” said Graham Brock, Project Manager at Fairfield Residential.

Brock added that while development in the area is picking up, the market will have a large influence on the final outcome of the project. “No one wants to sink each other. We all understand that a critical mass needs to be reached to support retail, we have to build to allow retail to succeed,” he said.

This critical mass will include the 12,000 s.f. of the project that are currently allotted for affordable housing, a number that may increase as current residents decide whether or not to stay in their units. Current residents can choose to be bought out by the developers, to buy a condo, or to rent an apartment at the project’s completion. The Planned Unit Development states what the values for the condo and rental options would be as a benefit to the city based on how many tenants stay in each option.

While plans are currently contingent upon the PUD and votes for the various conversions, the northern tower is tentatively scheduled to break ground later this year with completion in 2008; renovations on the southern tower are slated for summer 2008.

Monday, April 23, 2007

Boomtown Bethesda – Yet More Development

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Just when we thought there couldn’t possibly be another inch of space left for development in the Bethesda Row neighborhood, the real estate market again proves us wrong. Things are expected to get very busy and congested at the former parking lots at the corners of Woodmont and Bethesda Avenues, at the south end of the Bethesda Row shops, if two new projects become reality.

First up is a mixed-use project planned for the northeast corner of Bethesda and Woodmont (named Woodmont East - Phase II). Applications submitted by developer JBG show a 121,090-sf hotel, over 36,000 sf of retail, 78,300 of office space, and 250 apartment units (32 of which will be Moderately Priced Dwelling Units or MPDUs) in a five-story (or more) building. The Montgomery County Development Review Committee is expected to next pick up discussion of this project on May 7.

The second development is a joint public-private project between PN Hoffman/Stonebridge Associates and Montgomery County that will take up the southeast and southwest corners of Woodmont and Bethesda (Lots 31 and 31A). Pictured is an early rendering of the project looking south down Woodmont Avenue. Preliminary plans call for 250 hi-rise condominium units (some of which will be MPDUs) with pricing starting in the $600,000 range, plus 40,000 sf of retail. There will also be an underground parking lot to accommodate over 1,500 cars (mostly public). Woodmont Avenue is expected to be relocated and redesigned a bit, but will continue to run through this project. The development will also ensure access to the nearby Capital Crescent Trial. Groundbreaking is expected for Summer 2008, with completion in 2011.

These projects join a number of other new developments in the Bethesda Row area, including the renovated Chase (377 condo units), the Bethesda Row extension (180 rentals), 7001 Arlington Road (111 condo units), 4913-4921 Hampden Lane (60 condo units), and 4901 Hampden Lane (70 condo units).

Developers Unveil Drawings for Old Convention Center Site

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Last November, the Deputy Mayor's Office of Planning and Economic Development, after months of community input, approved the master plan submitted by developers Archstone-Smith and Hines for the $650 million complex planned for the 10 acres comprising the site of the former Washington Convention Center, bounded by 11th Street to the west, New York Avenue to the north, 9th Street to the east, and H Street to the south. Last week, the developers finally unveiled their vision at a public meeting at the Carnegie Library for the three main components of this project, which will contain 686 residential units (condos and apartments), 415,000 sf of office space, and 280,000 sf of retail. (In addition, over 100,000 sf of land is being reserved for a possible new DC library.) The designs, by London-based Foster and Partners and also Shalom Baranes Associates, reportedly show the condo complex with a floor-to-ceiling glass curtain allowing maximum sunlight, while the office and apartment structures will feature more traditional features and lines. To gather comments from the community on these new renderings, the developers will shortly post them to http://oldconventioncenter.com and they hope to receive final city approval by the end of May.

The Old Convention Center project is expected to break ground in 2008, with completion in 2011. It will also contain 1,700 underground parking spots and a public plaza, plus feature the reconnecting of both 10th Street and I Street through the site. The project is anticipated to generate over 7,000 construction-period jobs and 5,217 permanent jobs, plus $30 million a year in new tax revenues.

Saturday, April 21, 2007

Beating Swords into Condos

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It may be an ironic time for a peace dividend, but the conversion of the Navy Yard into a downtown destination is starting to take shape - condos of course, not plowshares. PN Hoffman is leading the conversion with a 250-unit condominium project in the Navy Yard, or rather, Southeast Federal Center (pictured), beginning next Spring. The former naval gun factory will metamorphose into one of the coolest projects in DC, according to the developer, which intends to fully renovate the interior space, leaving the existing shell and giant six-story atrium - to become the amenities center, encircled by the residences. There will be "nothing like this" in the District or its environs, according to Dave DeSantis of PN Hoffman. Certainly its location one block from the water will be unique to DC's condo buyers. Architects SK&I are working on the plans for the site, which also sits next to the new DOT headquarters, but too far from the stadium for any random fly balls.

Washington DC real estate development news

Friday, April 20, 2007

JPI’s 909 New Jersey Avenue SE Project

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Adding to their share of the Southeast ballpark development, developer JPI is planning a 14,000 s.f., 13-story residential and retail project at 909 New Jersey Avenue SE. Just blocks from the company’s 70 and 100 I Street apartment buildings, the new 247-unit tower, designed by the Preston Partnerships, will include an arched class turret that will be up-lit at night creating a light in the sky to be seen by crowds as they exit the nearby Navy Yard metro station.

According to Aaron Liebert, the Area Managing Partner for JPI, “As you exit the metro, you will be able to see the Capitol and the dramatic building.” The interior will feature a “transitional concept” mixing modern finishes and design with warm colors and furnishings.

The project, which will break ground in May, will include 6,000 s.f.ground floor retail and restaurants, and is slated for completion in Summer 2009.

"Hill East" Project Moves Forward

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DC and Anacostia Waterfront Corp. (AWC) officials are making plans for an official "kick-off" ceremony on Tuesday, April 24, for the $1.3 billion "Hill East" waterfront development, a new, mixed use project at the long-neglected and vacant Reservation 13 site along the western shore of the Anacostia River. The 60-acre plot, located to the south of RFK Stadium, now contains the DC General Hospital and DC Jail campuses. According to the Hill East Master Plan, approved by DC in 2003, this project will transform the area into a mixed-use neighborhood featuring "tree-lined streets, recreational trails, an attractive monument circle, a beautified Metro station, new 'green roof' construction, and the extension of Massachusetts Avenue all the way to the waterfront." In all, almost 800 new housing units and 35,000 sf of retail space are expected as part of this development.

The Hill East project gained traction last year, when Congress agreed to give the District management and control over Reservation 13 (as well as other land, including the McMillan Reservoir sand filtration site), with the stipulation that 12 acres be turned back over to the Federal government for a congressional mail sorting facility. Final and formal transfer of this land is still to occur. In the meantime, city officials are moving forward with preliminary work, such as demolition and environmental clean-up. Developers are expected to begin work on the south part of the site by demolishing the old DC Department of Human Services psychiatric facility. The north site work will come next, including preparation for construction of the new National Capital Medical Center. The full development of all 67 acres of the Hill East project is expected to be completed in 2015.

Thursday, April 19, 2007

Florida Avenue Market Redevelopment – What’s Next?

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Last we looked in on the Florida Avenue Market and the controversial plan to redevelop this historic area into a $1 billion “new town” of condominiums, retail shops, a hotel, and offices, the DC Council had approved legislation that would create a public-private partnership between DC and New Town Development LLC to handle and oversee the project. Now comes word that the DC Office of Planning will hold a public meeting on Tuesday April 24th to gauge community reaction to and gather input on the development. The Office of Planning is conducting an economic, and operational study of residents, business owners within the market, and stakeholders around the Market.

According to Jeff Davis, Ward 6 Neighborhood Planner, the next landmark for the development is a meeting on May 30th to examine various alternatives to the project. The Office of Planning is in the process of preparing a report that examines the fiscal impact of the proposed plan, identifies the best uses of the space, and analyzes what the proposed project would bring to the area in terms of jobs and “unique services” preserved. The report will be completed in June at which time several sets of alternatives and their consequences will be compared with the current proposal.

The public meeting will be held in Gallaudet University’s Foster Auditorium at 800 Florida Ave, NE. There will be two presentations of the same information, at 3:30 and 6:00 pm.

The 24-acre Florida Avenue Market is located to the northwest of Gallaudet University between New York and Florida Avenues NE, just blocks from the New York Avenue Metro station. The planned "Gateway Market and Residences" project would put condominiums, retail shops, a hotel, and offices in this location. Up to 40% of the planned 1,700 residential units would be made affordable and available to DC employees, while the remaining 60% will be set aside for DC residents who are first-time buyers. In addition, the developer plans to build a 570,000-sf wholesale distribution space (with hope of luring back displaced vendors who now operate out of the market), plus almost 330,000 sf of retail, restaurant, and merchandising space. Also envisioned is a YMCA building, a health clinic, and library.

Monday, April 16, 2007

School's Out, Condos and Townhouses in at Wormley Row

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Sales have begun for Wormley Row, the complete renovation and conversion of Georgetown's Wormley School into seven condominiums. After closing in 1994, the building remained empty until Bethesda-based Encore Development purchased it from Georgetown University for $8.3 million in 2005. Designed by Georgetown-based Cunningham and Quill Architects, the project will include seven condominiums within the brick schoolhouse and six townhouses that will replace the former parking lot and playground.

Located between 34th and 33rd Streets on Prospect Street, the project's address in Georgetown's Historic District meant strict building and zoning requirements. Demolition of the building was not permitted, thus assuring its schoolhouse appearance, however an underground floor has been added. The demolition and restoration of the interior of the schoolhouse is currently underway as is the restoration of the exterior brickwork.

Acknowledging the challenge of finding parking in Georgetown, Gary Kirstein, Principle at Encore said, "We decided to build a garage to put townhouses on, it seemed like a good recipe here." Excavation for the garage has begun; at the project's completion, a driveway between the school and townhouses will lead to the garage, which will include spaces for all residents. Delivery of both the condominiums and townhouses is slated for late 2009.

Thursday, April 12, 2007

Rockville Town Square Project Switches Some Condos to Apartments

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It appears - just months before completion – that development team RD Rockville (ROSS Development and Investment and the DANAC Corporation), citing poor sales, has decided to switch at least one (and perhaps more) of the four condominium complexes in its $350 million Rockville Town Square project (specifically, The Lunette building) from condos to apartments, and has notified buyers of the decision, according to the Gazette.net Web site. In its letter to affected purchasers, the developer allegedly offered three options: Rent the selected unit, buy a different unit, or walk away from the project. The Rockville Town Square project (pictured) is located along (and to the west of) Rockville Pike, just two blocks from the Rockville metro station, and bounded by Beall Avenue to the north, Washington Street to the west, and E. Middle Lane to the south. Design by WDG Architects. When completed, the Square will contain 644 residential units and 180,000 sf of retail.

The Rockville Town Square Project is not to be confused with developer Duball’s $240 million Rockville Town Center project, which is located just south of Rockville Town Square, and, when completed in 2011, will consist of a two residential-tower complex with 485 homes and 45,300 sf of retail just one block west of the metro and bounded by East Montgomery Avenue, Maryland Avenue and Monroe Street.

Wednesday, April 11, 2007

Half Street Project Update

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Excavation, sheeting and shoring are underway at the north end of Monument Realty’s Half Street project, with the permit for the southern end of the site expected at the end of the month. As we reported in January, Monument is planning a mixed-use project for this site, located on the eastern section of Half Street between M and N Streets SE, at the north entrance of the new Nationals stadium location. Yet another child of the ballpark-boom in Southeast’s development, the Half Street project will include a 196-room boutique hotel, approximately 320 condominium units, 275,000 s.f. of office space, and 50,000 s.f. of retail space as well as an expansion of the metro station entrance. The retail portion will have a concentration on restaurants – hopefully drawing fans to Half Street before and after games.

According to Amy Phillips, project manager at Monument, “The street will be curbless to better facilitate pedestrian activity and to accommodate festivals and markets—and is currently planned to be closed to vehicular traffic on game day.”

This “gateway” to the stadium will deliver retail and office space for tenant improvements in April 2009 and residential and hotel space in August of the same year. Sales by Capital Residential Properties will begin this fall.

Silver Spring’s National Association of the Deaf Building to be Replaced with Condos

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The site of the former headquarters of the National Association of the Deaf (NAD), located at 814 Thayer Avenue (between Fenton and Grove Streets) in Silver Spring, will soon feature a new, modern-design condominium building, according to plans presented by developer Banneker Ventures LLC. The developer is hoping to deliver a five-story, 60-foot building containing 52 residential units (seven of which will be moderately priced dwelling units), plus 37 parking spaces, all located just blocks from the new “town square” in Silver Spring.

The architect on this project is Sorg and Associates, and the firm is proposing a radical design for this project along the lines of its Visio and T Street Flats proposals in downtown DC. Specifically, it hopes to design the building with the front angled so the windows offer views down the street instead of just in front. In addition, there will be a sculpture paying homage to the former NAD building and mission. Assuming all plans and permits are obtained, Banneker expects this project to be completed within two years.

Monday, April 09, 2007

U Street’s Moderno to Break Ground This Week

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This week, DC-based Lakritz Adler and Robertson Development are expected to break ground on their newest project: Moderno, a $12.5 million, 15-unit residential building to be located at 1939 12th Street NW, right below U Street. Moderno will consist of the residential component as well as 5,000 sf of ground floor and underground retail, and parking. There will also be two adjoining structures built next to it, each containing two, three-story flats (for a total of 19 residential units in all). Unique features in some of the units will include 19-foot ceilings, Spanish porcelain tiles and Spanish-built cabinets and – seriously - some units will have outdoor showers. One-bedroom units start in the high $300,000s, with three-bedroom units around $1 million. Design is by CORE Architects. Pictured is a rendering of Moderno, though it makes it appear to be located in suburbia rather than the urban infill project it is….

Friday, April 06, 2007

Church St. Project Breaks Ground

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Developer DC Hampton has now broken ground on a 27-unit condo project on the 1400 block of Church St., one of the last developable sites on a uniquely industrial street - containing old warehouses and showrooms seldom found in DC - now all repositioned as swank condos by developers Metropolis and PN Hoffman. The condo project will turn a historic three-story commercial building into a 6 or 7-story condominium. The Logan Circle conversion should rise about 70 feet, surrounded by the Metropole, also under construction and slated to finish in mid 2008. The building was designed by Bonstra Haresign, construction by Camden Builders. The developer reports a handful of sales in an initial offering, with further sales to take place closer to completion.

Wednesday, April 04, 2007

DSF Changes Course in Old Town, Prefers Chardonnay to Condos

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Two years ago, Boston-based DSF Group won approval from Alexandria to build the Halstead at Old Town, a mixed-use project with 65 condo units and 5400 sf of retail along the 1500 block of King Street in Old Town. However, it now appears the company is changing course while in the design phase, and will now go before the Alexandria Planning Commission this month to seek permission to instead renovate the 100-year-old building at 1520 King Street (pictured) into a wine bar, and build a 107-room boutique hotel with day spa around it. The project will also include two restaurants, underground parking, and 6200 sf of retail. DSF is looking to partner on the hotel with the Kimpton Group, which has been aggressively moving into the Washington metro region, and also is now involved in turning the Holiday Inn at 480 King Street into a Hotel Monaco. While this change in direction might seem to indicate concern over the condo market for DSF, the company is still moving forward with its other area projects, including the 173-unit North Hampton Two in Alexandria and the 269-unit Halstead at Arlington on Columbia Pike.

Tuesday, April 03, 2007

JPI's "Ballpark" Apartments Begin to Rise

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Following the ballpark-induced Southeast Washington development surge, developer JPI is now in the process of constructing two residential apartment buildings at 70 I and 100 I Streets SE, just three blocks from the new Nationals stadium and five blocks from the US Capitol. The 70 I Street and 100 I Street apartment buildings will include 448 and 246 apartment units, respectively.

According to Aaron Liebert, the Area Managing Partner for JPI, the larger 70 I Street will look like a renovated warehouse with intricate brickwork in and outside the building. The smaller 100 I Street, however, will be a modern brick building with stainless steel arched bay windows and MOMA-like Terrazzo floors, glass walls, and stainless steel finishes. Designed by WDG Architecture, both buildings will have a rooftop pool, a conference center, a pub or bar room, an Internet café, and pool tables for residents rather than public retail space.

With stadium and Capitol views and a variety of units including studio, one, and two bedroom with den apartments, Liebert said, “We identified this as an exciting market with a lot of potential on a short and long term scale; people are excited to live here. It is waterfront, riverfront, and across from the National’s stadium. We have a high level of confidence, that this will be the new place to live in the next 10 years in DC.”

There will be three levels of underground-shared parking between the two buildings upon the project’s completion in August 2008, just months after the scheduled opening of the new Nationals stadium.

Monday, April 02, 2007

Georgia Commons Project in Petworth Up in Air? UPDATE: Jair Lynch Responds

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Last year, the National Capital Revitalization Corp. (NCRC) announced with great fanfare that it was awarding the development rights for the lot at 3910 Georgia Avenue NW in Petworth to the Jair Lynch Companies and AHD, Inc., which planned to build Georgia Commons – a 130-unit residential apartment complex (with one-third of the units being affordable housing) with 23,000 sf of ground-floor retail and a Results Gym. However, the Washington Business Journal is now reporting that this deal may be in flux, as Jair Lynch is still working to secure the remaining required financing by the end of April for this project (the company’s other project with NCRC, the Solea condominium at 1414 Belmont Street NW in Columbia Heights, is unaffected and on track). If this cannot be done, the exclusive-rights agreement between Jair Lynch and NCRC expires, and the NCRC could explore the option of finding another developer for the site. Jair Lynch reportedly told NCRC that it should have the financing resolved by mid-April.

UPDATE: In response to the Washington Business Journal story, Jair Lynch has sent a letter to the Journal, and has contacted this blog to share its content. In the letter, Mr. Lynch states, “the project is on track to meet the April 30th exclusive-rights agreement (ERA),” and that the Journal – while provided this information and assurances on the progress of both the financing and the property transfer phase from NCRC to Jair Lynch – was “inaccurate” in its reporting. The letter goes on to state that Georgia Commons, because it is “one of the first smart growth and ‘green’ projects in the city,” requires diverse funding to ensure the high number of affordable housing units - a long process but not one in doubt or delay. Finally, Mr. Lynch writes that NCRC and Mayor Fenty have shown much support for this project, as the city continues “hemorrhaging” affordable rental apartments, and have been continuously updated on the project status without concern being raised.

If development continues according to plan, Georgia Commons is expected to be completed by July 2008. Georgia Commons is being designed by Frank Schlesinger Associates and EDG Architects.

National Harbor Project Update

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Far from cutting any red ribbons, the next landmark for the 300-acre, 7.3 million-square-foot National Harbor project in the Smoot Bay area of Prince George’s County will be the completion of its first building with two stories of retail and restaurants and a third story containing the condominium sales center at the end of May. While the retail space will not be filled until 2008, the 37,000 s.f. waterfront building will include space for outside dining and a cylindrical window-wrought viewing area.

Developed by Fairfax-based Peterson Companies, National Harbor will be a mixed-use, waterfront mini-city with a marina and four piers, which will include residential, office, and retail space as well as six hotels, including the Gaylord Conference and Convention Center - the largest combined hotel and convention center on the eastern seaboard. The immediate shoreline will host waterfront shows, concerts, and events. Renderings show nighttime events with flashing lights, fanned seating, and a stage backed by the harbor and marina.

Over 4,000 Hotel Rooms

The Washington Post described the harbor as a location that “will compete directly with the District for hotel guests,” thanks to five hotels that will eventually total over 4,000 rooms, 2,942 of which will be completed by 2009. The 2,000-room Gaylord National Hotel and Convention Center will be completed by Perini Tompkins Builders in March 2008 and will open for full service in early April 2008. They are currently taking reservations. Other hotels included in the project are the 162-room Marriott Residence Inn and 151-room Hampton Inn and Suites, both under construction by Herman Stewart and set to open in March 2008. Also opening at this time is a 195-room Westin Hotel that will include bottom level retail stores and a cylindrical, window-rich Westin Restaurant. A 184-room Aloft brand hotel and 250-unit Wyndham Vacation Ownership time-share will not be completed until the end of 2008

Harbor to Feature 2,500 Residential Units

The residential portion of the harbor will include 2,500 units, 500 of which will be located in three of the “downtown district” buildings, while the remaining 2,000 will be in the eastern portion of the project. Neighbors weary of the urbanization and subsequent transportation bustle that the project will bring to the area have called for townhouses as part of the residential development to give it more of a neighborhood feel. According to Stuart Prince, of Peterson Companies and the Residential Development Director for the project, townhouses and villas will be in a subsequent phase of the project. Final residential plans have not been announced; however, One National Harbor, a 253-unit condominium building is currently under construction with a projected completion date of December 2008. Prince said he and his team have noticed the increase in construction prices and decline in condo sales in the overall condominium market, but are not worried that National Harbor condo sales will suffer as this trend suggests, “we have a unique site, waterfront property, that is not necessarily correlated to the overall condominium market.”

Prince added that although there are no metro stops nearby, the project will have direct access to the Beltway with its own interchange, and create water connections to Old Alexandria and DC and a shuttle to the Nationals’ stadium. After a decade of planning, construction on the National Harbor project began with the Gaylord Convention Center in 2005 and continued with the groundbreaking of the Marriott Residence Inn in January 2007. Condo sales will begin in the summer for One National Harbor, which will begin delivering units in the late summer of 2008.

Thursday, March 29, 2007

Mount Pleasant Heights to Deliver This Summer

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After years of neglect and neighbors tsk tsk-ing the accumulated trash and decrepit condition of the property, it now appears that work has begun on two tall rowhouses located at 3508-3510 16th Street NW in Mount Pleasant. The project – known as Mount Pleasant Heights – is located at the southwest corner of Oak and 16th Streets, and is being developed by 3510 16th Street LLC, with sales by UrbanLand Company. When completed, the two rowhouses will be combined and feature somewhere between 12-18 renovated condominium units, with one-bedroom units starting around $250,000 and two bedroom units at $350,000. Completion is expected this Summer.

Rosslyn's "Central Place" Project Moves Forward

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Creating “a new horizon” for Rosslyn, JBG Companies is proposing to create Central Place, two glass buildings that will become Rosslyn’s tallest structures (and replace long-time fixture Tom Sarris Orleans House on the corner of Wilson Boulevard and N. Lynn Street). Designed by Beyer Blinder Belle, the Central Place buildings will feature curved glass tops that will stand above their lower, rectangular neighbors, diversifying the otherwise flat horizon.

One building will be a 350-unit residential structure while the other will be a 577,000 s.f. office building; both will include retail on the lower levels. The residential building will be approximately 35 ft shorter than the office building, which will include a two-level observation deck rendered with arched windows that will provide a panoramic view of D.C.’s monuments and the Arlington National Cemetery.

According to Kathleen Webb, a Principal at JBG, if the plan is approved in April, demolition of Orleans House restaurant, McDonalds, and office buildings that currently occupy the site will begin a year later.

Thomas Miller, Current Planning Supervisor in the Arlington Planning Division, said that despite the nearly five year planning process, “people are really supportive of and happy with getting more heights in the area.”

In order to establish building heights that both fulfill the project’s goals and are safe for the area’s air traffic, developers have been working with the Federal Aviation Administration. The tallest building will be about 470 ft above sea level and divided into approximately 30 floors. A completion date has not yet been announced.

Tuesday, March 27, 2007

Buckingham Villages Project Gains Arlington County Approval

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On March 20, the Arlington County Board gave its approval to plans submitted by owner 4319 North Pershing Drive Apartment Investors LLC for the massive redevelopment of the 17 acres comprising Buckingham Villages, a historic low-density community southwest of downtown Ballston surrounding N. Glebe Road. Built in the 1930s, Buckingham Villages contained 1800 units, and was one of the largest apartment complexes in the nation and a model middle class community development. In the 1990s, some units were converted to coops, and the condition of the complex started showing its age.

A partnership including developer Paradigm Company purchased the Buckingham Villages complex a decade ago, and in early 2006 proposed redeveloping the entire site. The original plan called for removing all of the existing buildings as well as the historic landscaping and trees. While the proposal included a potential 212 affordable rental units, there was no guarantee of preserving the existing community or of any historic preservation. However, granting historic designation, while helping preserve the complex, would have jeopardized affordable housing. To find a mutually positive solution, Arlington County and Paradigm worked together to produce a Memorandum of Understanding in July 2006, which stated the following objectives: (1) Preserving the community by allowing current Buckingham Villages residents to continue living there, or in the immediate neighborhood; (2) Creating no less than 300 committed affordable units; and (3) Preserving Village 3 and redeveloping Villages 1 and 2 in a “historically sensitive manner.”

The ultimate plan approved on March 20 would accomplish these goals, with all of Village 3 (140 units) reserved as affordable housing (the County will partner with an affordable housing provider and purchase Village 3 for $32.1 million), plus 160 additional units in the complex also set aside for affordable housing. Once completed, the development will feature a total of 646 apartments and 68 townhouse units. In addition, new streets and new park space will be created with $11.8 million secured for this purpose. No timetable has been set for completion.

Monday, March 26, 2007

Allegro Clears Site, Ready to Start Construction

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The old Giant is finally gone, and site preparation work is now taking place for the Allegro condominium, expected to rise at 3460 14th Street NW in Columbia Heights, a few blocks north of the current building boom in this neighborhood around the metro. Developer Metro Properties hopes to have this new $105 million, 297-unit building finished in two years. The 353,000-sf Allegro will feature one and two-bedroom units, plus penthouses with outdoor terraces. Pricing starts around $300,000 for one bedrooms, up through the $500,000 range for penthouses. The building will be 5 stories tall, and have 7,000-sf of retail tenants (a coffee shop is expected, though not a new Giant, as that has already been constructed next to the Tivoli Theater down 14th).

Thursday, March 22, 2007

Suiting Up for Redevelopment

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After January’s delay in the selection of a developer for Suitland Manor’s redevelopment, Prince George’s County Redevelopment Authority (PGCRA) is continuing their search with a projected announcement date of May. Once chosen, the developer will work with PGCRA to transform Suitland Manor from a once-troubled neighborhood into a 22-acre $80 million mixed-use project with a commercial main street, new offices, retail stores, and residential areas.

Steve Paul, Project Manager for Suitland Manor , said of the project, “We are looking for a fairly dense, mixed-use development and we would like to see some of the adjacent property redeveloped.” PGCRA’s initial renderings depict a pedestrian-friendly, 33-acre (when completed) development located across from the Suitland Federal Center, and within walking distance of the Suitland Metro Center.

The massive development is a 200-building, 13-commercial property acquisition, demolition, and resident relocation project. PGCRA currently has 96 units; however 85 homes must still be purchased for PGCRA to own the entire site. While the number of residential units to be built has not been determined, the new Suitland Manor will feature affordable housing with an emphasis on home ownership.

This development is not the first for the Suitland metro area. In 2004, the county completed the Windsor Crossing development, combining a 125-unit senior housing facility, 95 for-sale houses, and 130 multi-family rental villas two blocks from Suitland Manor. Mid-Atlantic Real Estate Investments is also planning to break ground this summer on its 22-acre, mixed-use residential and commercial “Town Center” project across from the Suitland metro station.

Wednesday, March 21, 2007

A "New Georgetown" ... But With Metro!

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Following the development trend of its neighboring New York Ave. metro stop, if all goes according to plan the area surrounding the Rhode Island Ave. metro will soon be turned into Brentwood Town Center, a mini-village with a “main street” and town-house style buildings.

Described as a renaissance for the area, the project’s 370,000 sf 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 plan will include a number of small buildings as opposed to two or three larger structures, giving the project a Georgetown-like appearance and allowing for color and architectural diversity. Developed by Rhode Island Avenue Metro, LLC, the combination of Mid-City Urban and A&R Development, the mixed-use pattern received zoning approval at the March 12th DC Zoning Commission hearing.

Victoria S. Davis of Rhode Island Avenue Metro, LLC said the project has been endorsed by several organizations including the Washington Smart Growth Alliance as being a smart growth project that is transit-oriented and that will transform the neighborhood into a “vibrant new community on the city’s Northeast side.” Planned adjacent to the Home Depot-Giant shopping center, 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.

According to Caroline Kennedy, a development associate for Mid-City Urban, LLC, the land is still owned by the Washington Metropolitan Area Transit Authority. However, it is being leased to the developer under a long-term ground lease. The project is set to break ground in early 2008.

New Apartment Ready to Join Nationals’ Neighborhood

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Bringing life to the lot across South Capitol Street from the new Nationals baseball stadium, Camden Properties is planning an 11-story residential apartment building with potential ground-floor retail for 1325 South Capitol Street, SE. Designed by WDG Architecture, the project is rendered as a large rectangular building, with large panels of windows on each corner and balconies at each level. The building’s entrance will feature an eleven-story glass front that stands perpendicular to the lower level retail stores. The 276-unit development will be upwards of 300,000 sf and set back from South Capitol St. by 15 feet to move the development away from the major road. Bounded to the east by South Capitol, the south by O Street SW, to the west by Half Street SW and to the north by N Street SW, the development will provide 204 parking spaces, a gym for residents, and 3,300 sf neighborhood-serving retail space, two stories of which will front the O Street corner.

The project went before the DC Zoning Commission on February 22, and Camden was asked to further outline the “green” steps the project will take as well as its plan for affordable housing, project height, and its proximity to a number of townhouses. According to Ginger Ackiss, Head of Development for Camden for this development, the design review for the project will take place by the end of March, at which point Camden will begin pricing the units and will begin applying for permits at the end of April. The project is expected to break ground in the Fall of 2007.

Sunday, March 18, 2007

Extra! Newseum Apartments Now Accepting Potential Renters

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After years in Rosslyn, the brand new $435 million Newseum development at the intersection of Pennsylvania Avenue and 6th Street NW, is quickly preparing for its grand opening in the Fall of 2007. But that is not stopping the residential component of the project from starting to now accept applications from potential residents interesting in pre-leasing one of its 135 apartments. When completed, the Newseum complex will feature a 250,000-sf museum, a two-level 24,000-sf conference center, and seven levels of galleries, theaters, retail spaces and visitor services. In addition, a three-level restaurant - The Source by Wolfgang Puck – will occupy the northwest corner of the building. The apartments (officially known as "The Residences at the Newseum") will take up 12 floors and 140,000 sf, face both C and 6th Streets, and feature a root-top terrace and fitness center, with balconies, granite countertops and stainless steel appliances in the units. Studios are expected to start at $1,600/month, with one bedrooms beginning at $2,300/month and two bedrooms at $3,500/month. Project manager for the Newseum is CarrAmerica Ltd., with Bozzuto & Associates handling management of the Residences. Architecture by Polshek Partnership Architects.

Friday, March 16, 2007

Metropole to Start Sales

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Metropole condominium, Logan Circle, Washington DCMetropolis Development will begin taking appointments today for the Metropole, its 90-unit condominium being built at 15th and P Streets across from the Logan Whole Foods. The first phase of sales was stopped in April 2005 after the developer sold a third of the units, and will resume when the newly remodeled sales center opens next Friday. Initial sales will be by appointment only. 

Metropolis has hired HGTV design star Cecconi Simone for interior design of the building and sales center; the latter will feature a fully equipped model unit. This will be the first regional project for Toronto-based Cecconi Simone, which has a large international portfolio of boutique hotel renovations and condominium design. This will be the fifth local project for DC-based Metropolis, which recently completed Cooper Lewis condos less than a block away. The Metropole will offer both public and private parking as well as a variety of retail, including VIDA Fitness and Bang Salon. Residents will be offered "hotel-style" concierge service when the project completes late this year. Marketing and sales by Ken Johnson of DCRE.

Washington DC real estate news

Wednesday, March 14, 2007

Big Plans for Andrews Air Force Base in PG County

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If plans drawn up by the Andrews Business and Community Alliance come to fruition, 7 million sf of new development might soon surround Andrews Air Force Base in Prince George’s County. This move is seen as a way to retain and build upon the $1.2 billion in annual economic benefit the base – which is also planning to expand - brings the county (similar to what has already been done at Fort Meade in Anne Arundel County). While base relocations will bring about 600 new military positions to the base, the amount of work generated and possibility of future increases has the county ready to devise this master plan. The Andrews Business and Community Alliance envisions creating over 5 million sf of office space (focused on defense and technology), 2 million sf of retail, and over 15,000 residential units to surround the base, which encompasses the land bordered by Route 4, Branch Avenue, Old Alexandria Ferry Road and Allentown Road. The Alliance is also looking at a possible extension of Metro's Green Line to Andrews. This project would join nearby development such as a planned $1.4 billion residential and retail complex along Route 4, and a number of residential projects in Camp Springs, just north of the base at the Branch Avenue Metro stop.

Monday, March 12, 2007

Application Submitted for New "Auburn Avenue" Residential Project in Bethesda

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The massive development of new residential space in Bethesda continues, though as opposed to the last few we detailed in the new downtown Bethesda, this one is back on the northwest edge of the old "Woodmont Triangle" area. An application for project review has been submitted to the Maryland-National Capital Park & Planning Commission by the Auburn Medical Building Assoc. to develop a mixed-use building on one acre at the southwest corner of the intersection of Auburn and Norfolk Avenues (toward the quieter end of Norfolk Avenue). The project would consist of 60 residential units, 18,700 sf of office space, and 10,800 sf of retail. We are working to learn more details regarding this project (and will report when found), not the least because this is also the site of Cornucopia, one of our favorite Italian food shops. Developing....

Sunday, March 11, 2007

Elm Street Receives Zoning OK for "Dr. Dremo’s" Mixed-Use Project

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If you are parched and in need of a cold microbrew pint, now is the time to head over to Dr. Dremo’s TapHouse at 2000 Wilson Boulevard in Clarendon, as the last drink will be served in about a year, if all goes according to Elm Street Development’s plan for this stretch of prime Arlington real estate. On February 26, after two years of rumblings, Elm Street received rezoning approval to demolish this stretch of buildings containing Dr. Dremo’s and Taco Bell to make way for a seven-story,141-residential unit complex (pictured is an older rendering - we are working on finding an updated one), with 35,000 square feet of ground-floor retail and 243 underground parking spaces. The developer is undecided whether they will be condos or apartments at this point. To better fit in with the scale of this block, which steeply inclines as it goes West, the structure will gradually build upward from two stories to seven stories. Elm Street will also incorporate several "green" building techniques to increase its ability to filter storm water. Construction is expected to start in early 2008 and be completed in 2010. Architecture will be by WDG. Once done, Elm Street’s project will join the 153-unit condo structure by Holladay Corp. at 1800 Wilson Boulevard, and Monument Realty's 306-unit Odyssey directly across Clarendon Boulevard.

Thursday, March 08, 2007

GWU Squaring Away Old Hospital Site

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The DC Zoning Commission has asked George Washington University (GWU) to revise the height of the buildings proposed for the development of Square 54, a mixed-use development at the former GW Hospital site. GWU is working with Boston Properties and (Virginia-based) KSI Services to re-develop the university-owned property, a 2.6-acre parcel on the Southeast corner of Washington Circle, into a multi-tower town center featuring approximately 336 residential units. 84,000 s.f. of retail space will front I St., and 454,000 s.f. office space will overlook Washington Circle. Designed by Connecticut-based Pelli Clarke Pelli Architects, LLP and Boston and San-Francisco-based Sasaki & Associates, the project, with a predicted completion date of 2011, will also include an open space courtyard with pedestrian walkway, and landscaped plaza for outside dining that will have gates at I Street and 23rd St.

The office space fronting Washington Circle will include a 67-foot span of windows that curve along the circle, while the residential portion will be non-university housing that will feature “luxury” rental apartments along I and 22nd streets, a portion of which will be affordable housing. While the retailers will not be decided until the project is permitted, the commercial portion is intended to line I Street with cafes, stores, restaurants, and a supermarket. There will be a 60-foot setback from the street to make room for L.A.-style outside dining, window-shopping, and increased sidewalk space. In order to develop this commercial space, the Office of Planning required that GW demonstrate the ability to accommodate its future academic and housing space needs. According to Tracy Schario, the Director of Media Relations at GW, the university met this requirement with a 20-year campus redevelopment plan within the current campus boundaries.

According Schario, GW was asked to submit another filing to address the height of the Square 54 project along 22nd St. and expects the Zoning Commission to take proposed action on the application at an upcoming meeting. If approved, the National Capitol Planning Commission will review the Planned Unit Development from a federal perspective, evaluating the project’s impact on federal areas. It will then be sent back to the zoning commission for final approval.

The development of the property, which has been vacant since 2003, has been a matter of contention between the Foggy Bottom Association and what the Washington Post dubbed “The University that Ate Foggy Bottom”. The development-phobic neighbors have protested the project several times, including arguments at recent zoning meetings against the project’s proposed density. Schario said that while there is some opposition from the neighborhood, the project, which sits one block from the Metro, could be a win-win situation for the area. “This will be the gateway to Foggy Bottom, it supports smart growth and is a transit-oriented development. Look at Gallery Place and Penn Quarter to see the benefits it (a development like this) can bring to the community.”

Wednesday, March 07, 2007

Approval Expected for Centex Symphony Park Project in Bethesda

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After years of discussion, it appears that Centex Corp.’s plan to build Symphony Park in North Bethesda next to Strathmore Hall might soon move forward, with the Montgomery County Planning Board scheduled to hold a hearing on this proposal on March 15. Centex’s development, which was scaled back from its original plan, would now put 112 townhouses (with 17 being moderately priced units) on 9 acres at the southeast corner of the intersection of Strathmore Avenue and Rockville Pike in North Bethesda (the site of the former American Speech-Language and Hearing Association building). In addition, Centex has donated another 9 acres to public use for outdoor film festivals and shows at Strathmore Hall. As part of this project, sidewalks along Rockville Pike will be widened, and green space will be emphasized throughout the development. Approval of this proposal is expected, and construction could begin as soon as this year.

Tuesday, March 06, 2007

Donatelli Development Opens New Downtown Sales Office

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Donatelli Development and Domus Realty are set to officially open their new sales center on U Street this week. The new "state-of-the-art" sales center, designed by Georgetown-based architect Hickok Cole, will showcase Donatelli's projects at Columbia Heights and Petworth: Kenyon Square (pictured), Highland Park and Park Place. The sales center will feature scale models of the various buildings as well as a model kitchen and bath. Donatelli Development's projects were the anchor for the redevelopment of Columbia Heights, with the three residential projects currently underway at 14th and Irving. The company is now shifting its focus to the Georgia Avenue corridor, starting with the construction of Park Place , a 150-unit condominium built over the northern entrance to the Petworth Metro. The new sales center is located at 1301 U Street in the first floor of the Ellington, an apartment project completed by Donatelli in 2004.

Monday, March 05, 2007

Falkland North Project Details, Images Revealed

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Following months of speculation, Home Properties finally released new details and images on February 22 at a Silver Spring Regional Center meeting of its planned redevelopment of the northern portion of the Falkland Chase apartments, the historic apartment community built in 1937 on 22 acres in downtown Silver Spring along 16th Street and East-West Highway. The Falkland North complex, to be located on the 9-acre northeast corner of East-West Highway at 16th Street, will be a mixed-use development containing 1,020 residential units and three levels of underground parking. There will also be 62,000 sf of retail and commercial space, with a Harris Teeter grocery store expected as one of the retail tenants. Monthly rents are expected to be $1,500 for a studio up to $2,200 for a two-bedroom unit – ambitious rates for Silver Spring. The project will contain interconnected towers (the tallest being 15 stories) in a semi-circle around a 1.5-acres courtyard featuring a pond and waterfall. Architecture is by Grimm & Parker, which has the new images of this project on its website. Construction is not expected to begin until close to 2010, assuming all approvals fall into place.

Columbia Village Project to Break Ground This Summer

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The on-site demolition has already started, and Fairfield Residential is making plans to start construction on its $85 million residential project at 5400 S. Columbia Pike in Arlington this Summer. Columbia Village will replace an old office and retail building, and will be a 10-story, 235-unit apartment building, with 7,000 sf of retail on the ground floor. In addition, the proposed $150 million streetcar system that is planned for a five-mile stretch along Columbia Pike between Pentagon City and Skyline in Fairfax is expected to have a stop in front of Columbia Village. Delivery of this apartment building is expected by Summer 2009.

Friday, March 02, 2007

Sales Begin at Keystone Condos

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Sales officially begin this weekend at Keystone Condominiums, a renovated condominium at 3956 Pennsylvania Ave in Hillcrest. Nicol Development began renovating the former apartment building a year ago, and will feature granite counters, stainless steel appliances, hardwoods, and private storage spaces in each unit. Condos in the building will be 2 and 3-bedrooms priced from the upper $100k's to the mid $200k’s, with completion scheduled for April 2007. The Hillcrest neighborhood, called DC’s best kept secret by the Washingtonian, is a mixture of Colonial, Tudor, and Cape Cod-style houses. Minutes away from Fort Dupont Park, it is a few blocks from the Maryland line and thirteen minutes from Union Station. Sales will initially be by appointment-only. Marketing and sales by DCRE.

Washington DC retail and real estate news

Thursday, March 01, 2007

Washington Gateway Project Images, Details

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Washington DC commercial real estate agent
One of the more exciting proposed projects to hit the New York Avenue NE corridor the past year is MRP Realty’s Washington Gateway project, a $350 million development to be located in the NoMa section of Washington, just above the New York Avenue metro station at the southeast corner of New York and Florida Avenues NE, now the location of an abandoned lot and gas station (which will be going out of business in March). And MRP Realty has now provided us exclusive images and information about this anticipated project. Earlier this month, the DC Zoning Commission granted Final Action approval to MRP Realty’s plan for this 1 million-sf, mixed-use project, which will feature two office towers (600,000 sf of office space total), plus a T-shaped structure, with one side containing a 180-room hotel and the other side a 250-unit residential tower (with 8% reserved for affordable housing). 

Washington Gateway Elevation, MRP Realty, SK+I Architecture, Occulus landscape, Gensler ArchitectsMRP will also reconfigure, widen, and upgrade the walking areas along New York and Florida Avenues to enhance pedestrian access and safety, and also include new plantings and furnishings. In addition, sidewalk cafes and shops are planned for these thoroughfares. The project will also provide a direct connection to the metro through the Metropolitan Branch Trail via a three-story atrium. There will also be a public central plaza with cobblestones, benches, and a fountain, and will feature bicycle racks and a bicycle pump station. The architect for the office towers will be Gensler, with SK&I handing the residential and hotel tower. Land and streetscaping will be designed by Occulus. MRP expects to break ground in early 2008, with completion scheduled for early 2010. See the Washington Gateway site plan and more images of the project.  MRP Realty was created in 2005 by former Trammel Crow executives, and is quickly rising in the Washington metro developer scene, with over 2.25 million sf under development and another 3 million sf of development in the pipeline. Speaking with dcmud, Jonathan Lischke, MRP Vice President, stated that “[w]e are very excited about the project as Washington Gateway combines elegant and sophisticated urban architecture with sustainable design and smart growth. The buildings will be a combination of glass, metal, and pre-cast; incorporate green elements; and encourage pedestrian and bicycle use through proximity to metro and the Metropolitan Branch Trail. As one of the tallest projects in the District, Washington Gateway will not only have views of the Capitol Building but it will also be highly visible as a gateway to NoMa and downtown DC.”

Washington DC commercial real estate news

Second Chance Granted to First Baptist Church

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The Arlington County Board first approved the “Views at Clarendon” on October 23, 2004. Two years, a project-halting technicality, and a $200,000 lawsuit later, the County board again approved the mixed-use church and multi-family residential building in a 4-1 vote. The meeting was just one more chapter of the ongoing saga over the First Baptist Church of Clarendon.

As DCMud reported at the beginning of this month, residents of the surrounding Lyon Village neighborhood filed a lawsuit in November to reverse the zoning approval of the project, objecting to the 10-story, 116 rental-unit structure that will keep the current church’s 107-foot steeple in tact and include daycare and moderately priced housing. The County Circuit Court judge ruled in 2005 against the neighbors, but the decision was reversed in 2006 when the Virginia Supreme Court determined that the board acted against their own Zoning Ordinance 27A and thus, invalidated the earlier zoning approval. After changing this technicality, the plan was resubmitted for approval.

Over 200 neighbors, community figures, and board members attended the February 24th meeting, 126 of whom signed up to speak. According to Mary Curtius, the Arlington County Media Relations Manager, the attendance was evenly divided between supporters and opponents. Curtius added that the county’s main interest in the project is the affordable housing and day care, “what is so unusual about it (the project) is that there are so few opportunities in Arlington for affordable housing and daycare within walking distance of the metro. The two together is almost impossible to find.” At the meeting, board member Jay Fisette shared the same sentiments, “If not here, where?” he asked.

Those opposed to the project threatened a second lawsuit, the first of which was paid for by the neighbors. Barring any further legal action, the Views at Clarendon Corporation, Inc., the non-profit that was formed for the project, will begin developing the county’s largest childcare facility and new affordable housing units. While the site plan has been approved, permits for the 1201 N. Highland Street development have yet to be obtained. The church began the process back in 2003 when it hired the Arlington Partnership for Affordable Housing (APAH) to guide it on affordable housing.

Tuesday, February 27, 2007

Watergate Hotel's Conversion to Co-Op Off?

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In 2004, Monument Realty bought the infamous Watergate Hotel, located at 2650 Virginia Avenue, NW, with hopes of converting this historic landmark into an upscale, 96-unit co-op. But while sales started one year ago, there is now word that the developer is reconsidering this plan, and – seeing the demand for luxury hotels skyrocket – is now exploring the possibility of keeping the Watergate Hotel … well, a hotel (though one renovated into a five-star destination). The original co-op plan called for architect firm Hickok Warner Cole to redesign the hotel into co-op units starting at $850,000 for a one bedroom (and penthouse units beginning at $4.5 million), with the building hosting a spa, health club, private theater, and a roof top terrace overlooking the Potomac River. Monument is expected to reach a final decision by the end of April on the direction it will take on this project.

Washington DC real estate development news
 

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