New Mixed-Use for Arlington Strip Mall

Fairfax-based development company Walnut Street Development (WSD) hopes to bring some needed mixed-use development to their backyard. Just across the county line, the company has teamed with architect Ann Ardery for a mixed-use makeover of an Arlington strip mall at 2515-2525 Lee Highway.

The three to four story project aims to deliver 22 new apartment units, along with 13,000 square feet of retail. The 22,643 square foot lot currently hosts a one-story, 4,500 square foot edifice whose sole retail contribution is now a 7-11 and adjoining vacant storefront. WSD’s project plan also calls for a “predominately underground garage” with 73 parking spaces and a LEED silver certification. Though the developer has yet to specify what kinds of retailers they’ll be courting for the project, they have assured local residents that some sort of “convenience retail” – ala the current Sleven at the site – will be included.

The project’s dimensions have shifted somewhat since it was originally submitted to Arlington County in 2004; the project’s first incarnation called for 24 residential units with a diminutive 3,750 square feet of retail. Through meetings with the Planning Commission and Transportation Commission, as well as presentations to the residents of the neighboring Cleveland House Condominiums and the North Highland and Lyon Village Civic Associations, not to mention market forces, the project has re-emerged with stronger emphasis on the planned retail space. The project goes back before the Arlington County Board again April 26^th.

In the meantime, WSD is also well underway on at their Residences at Old Town Square development. That project, located at the former site of the Fairfax City Library, will contain 80 new condos in two buildings and is scheduled to deliver later this year.

Arlington Virginia real estate development news

First NoMa Hotel to Open Next Week

NoMa’s first hotel, the new Courtyard by Marriott at 1325 2^nd Street, NE, will open its doors to the public on April 15^th, according to the NoMa BID. The 8-story, 218-room project represents a number of firsts for the burgeoning development district: not only will it be the first new hotel to open along the greater North Capitol Street corridor, but it is also the District’s first majority Hispanic-owned hotel and Marriott’s first metro area entry under their revamped Courtyard brand.

The amenities that go along with Courtyard’s conceptual makeover include a lobby with separate “welcome pedestals” (instead of a traditional front desk) and a 52-inch LCD screen that provides guests with items like local weather readings and directions to nearby attractions. Dining options are supplied by a new restaurant entitled The Bistro (Tagline: Eat. Drink. Connect.) featuring free wi-fi and a 24-hour in-house convenience store called The Market – a name that Marriott has miraculously been able to trademark. A gym, business center, swimming pool, green roof, 2,800 square feet of meeting space and a direct connection to the New York Avenue Metro station round out the project. An Au Bon Pain location occupying just some of the project’s 10,000 square feet of street level retail has already opened for business; the other retailers set to share space in the hotel have yet to be publicly disclosed.

The Finvarb Companies are the majority stakeholder in the project via Marriott’s Diverse Ownership Initiative. Other investors include Dave Wilmot of Harmon, Wilmot, Brown and Bagwell, LLC, Craig Welburn of Welburn Hospitality, Thomas Hopkins and Dr. Barron Harvey.

Fenty Takes Out Trash in Deanwood

Deanwood's trash transfer facility/recycling center was demolished this week as Washington, DC Mayor Fenty announced the District’s intent to redevelop the site as mixed-income housing. The raze of the 32,000 square foot, one-story building located at 5201 Hayes Street, NE officially kicks off the Office of the Deputy Mayor for Planning and Economic Development’s (ODMPED) search for a development team for the property, which they say can accommodate "up to 232 units of housing."

"Today’s demolition is a big step forward for one of our most important projects in our New Communities Initiative. The development of new housing in the Lincoln Heights/Richardson Dwellings neighborhood is a top priority of my administration’s plan to revitalize the Deanwood community in Ward 7," said Fenty via press release. The RFP is available online and proposals for the project are due on July 6^th by 4 PM.

The trash processing facility was purchased by the District in December 2008 and stands just blocks from a previously solicited ODMPED project at 4427 Hayes Street, NE. That development, also branded as part of Fenty’s New Communities initiative, is set to include 26 new residential units and 9 “replacement housing units” for area residents displaced by renovations at the Lincoln Heights/Richardson Dwellings complex. The Mayor announced on March 27^th that Blue Skye Development has been selected to head up that project.

Factory 202 Gets Mixed-Up in Southeast?

Forest City Washington's aggressive development of the Capitol Riverfront via The Yards project is still keeping pace with its brisk timetable, but one component in particular might be getting a little retooling before it sees the light of day. The SK&I-designed Factory 202 project - a renovation and expansion of the Navy Yard industrial building formerly occupied by Federal Protective Services - had initially been inked as a 271-unit condo project. Now, whether due to the enduring pain of the condo market or saturation from competing projects in the area, Forest City is exploring the possibility of a different development scheme for the property.

"We're currently evaluating whether it will be all residential or include some mixed-use retail," said Gary McManus, Marketing Manager for Forest City.

Another contributing factor to the planned renovation and two-story addition to the historic warehouse/factory - still slated for a 2011 completion - is the fact that the property remains in the hands of the General Services Administration (GSA). Said McManus:

That’s former federal land…GSA actually owns that site and we’re partnering with them...When we actually begin development of a new building or redevelopment of one of the existing buildings, we buy that parcel from GSA at that point. But…nothing is happening on that building yet, we haven’t bought [it].

As such, a definitive start date for project has yet to be scheduled. Nonetheless, work continues on several other mixed-use Yards projects. The Park at the Yards is under is construction, while the adjoining “Lumber Shed” renovation, new retail pavilions and stainless steel spire all recently received approvals from the DC Zoning Commission and National Capital Planning Commission. Meanwhile, the Boilermaker Shops at 200 Tingey Street, SE continues to court retailers for what (one day) will be space along the linchpin of the Capitol Riverfront boardwalk.

Portico Nears Full Occupancy in Silver Spring

Patriot Realty’s Portico project in downtown Silver Spring – since rebranded as the Portico at Silver Spring Metro – appears to be doing solid business in a housing market gone kaput. The AR Meyers and Associates-designed building at 1203 Fiddler Lane usurped what had been a long vacant parcel whose only claim to fame was being straddled by Cuban and Scottish (MacDonald’s) restaurants. Now, since opening its doors to the public on November 15^th of last year, the 12-story building once planned as a condo is succeeding in its conversion to rental units.

According to the Portico leasing office, 82% of the building’s 151-units are now occupied. Of course, that could be chalked up to the fact that they’re offering two months free rent to tenants (how’s that for an amenity), but could also have to do with timing. In the two years since Patriot broke ground on the Portico, other Silver Spring projects once pursuing similar timelines – 1050 Ripley, Midtown Silver Spring and the Transit Center Towers, to name a few – have seen their timelines extended ad infinitum as developers struggle to secure financing.

That’s left a big hole in Silver Spring urbanista-friendly housing market that Patriot has seemingly filled with flourishes like in-house billiard and yoga rooms, a wireless internet lounge and a mini-theater that screens movies and sporting events. Plus it’s a block from the Metro – an advertising point so strong that the developer renamed the project after it.

Rents in the Portico are currently starting at $1550. Patriot Realty did not respond to DCmud’s inquiries concerning the project.

Silver Spring commercial real estate news

1010 Mass Condos

1010 Massachusetts Avenue, NW, Washington DC, 20001

1010 Mass condos is a 14-story, 163-unit condominium, developed by Rock Creek Properties (RCP), North Carolina-based Faison and the Carlyle Group. Sales began October 2005; first settlements began early Summer, 2007, and the project sold out by late 2008. Located in between Shaw and downtown DC, 3 blocks from Metro (Mt. Vernon), 1010 Mass has 8700 s.f. of ground floor retail, a rooftop lap pool and patio with superb views, and overlooks the new DC Convention Center and Massachusetts Avenue, taking the place of a small office building that had been on site. The underground garage houses space for 169 cars, i.e. only one per unit. Prices ranged from $400k to $1.5m; parking was available to purchase at $37,500. Faison also built the Whitman condos nearby. Architectural design by Esocoff & Assoc., Glen Construction performed construction, but went bankrupt after completing about 80% of the building.

Washington DC real estate development news

A New New York for DC

Details regarding the Bozzuto Development Company's once mysterious New York Avenue project have finally surfaced. Now teamed with WDG Architects, the developer is pursuing at least one, if not two residential developments along the burgeoning Mount Vernon Triangle strip that also includes recent developments such as Yale Laundry and CityVista.

The so-called New York Avenue Apartments (let’s hope that's a placeholder) is planned to stand 13-stories tall at 460 New York Avenue, NW and include 87 residential units for a total of 85,555 square feet of new District development. The project's 9,059 square foot lot is now mainly vacant, with the exception of a non-contributing building at the intersection of New York Avenue and L Street, NW that will be demolished to make way for the project. A historic building next door to the site "that by virtue of alterations and its serious structural deficiencies has lost its integrity" will include 6 of the planned apartments and receive a full renovation.

Bozzuto Development Company President Toby Bozzuto told DCmud the company has also made tentative plans for an abandoned warehouse across the street that is also under their control.

Per the development team’s presentation to the local ANC 2C last year, WDG will utilize masonry, stone, glass, and metal for the building’s façade, along with “projecting bays” running from the third to eleventh stories. According to documentation from the developer, “The project will serve as a bridge between the historic rowhouses along 5^th Street and the new Yale Steam Laundry project.” A ground floor fitness center and two levels of below grade parking will reportedly round out the development.

Though the PUD project’s timeline has been elongated due to snags with another governing ANC (the project's location is flush to the boundary between two zones) and market declines in general, Bozzuto said it would be "terrific to start...in 2010."

Washington DC commercial real estate news

Team Selected for SW Fire Site

There’s a new bright red fire station in the works for Southwest Washington. Deputy Mayor Neil Albert and DC Fire Chief Dennis Rubin joined Mayor Adrian Fenty today to announce the official selection of E Street Development for the redevelopment of two parcels adjoining Engine Company 13 at 450 6th Street, SW.

The development team – a partnership between Potomac Investment Properties, City Partners and Adams Investment Group – will construct over 500,000 square feet of new office and retail space on two District-owned parcels between 5th and 6th Street, SW. In addition, their mixed-use complex will also house a new, state-of-the-art, 22,000 square foot fire station that, according to the Mayor, “comes at no cost to the District of Columbia.”

“As you look around the station, you can see its great need of heavy maintenance, if not replacement,” said Rubin. “We feel like the time is right and that this is a great opportunity.”

The two Beyer Blinder Belle-designed projects will also be LEED certified and host a bevy of public service uses, including space for Kid Power DC and a café hosted by the DC Central Kitchen. Both Fenty and Deputy Mayor Albert pointed to their inclusion as deciding factors in their choice of E Street over two rival proposals from JLH Partners, Chapman Development and CDC Companies, and Trammell Crow, CSG Urban Partners and Michele Hagans, respectively.

“The E Street Development team stood out because not only of their ability to be visionary, but to provide certainty to the government,” said Fenty.

Michael Gewirz, President of Potomac Investment Properties, followed up on exactly what type of “certainty” his company would be providing to the project. “Some folks have asked what our concerns are given the current economic climate. I can say this: we wouldn’t be standing here if we weren’t capable of doing this project,” said Gewirz. “Right now, we’re just going to work as hard as we can with the Deputy Mayor’s office.”

And they’ll have plenty to work on in the coming months, as the City has yet to decide whether the property will be sold or leased to the E Street team. Albert said the final details concerning the land transfer will hammered out in the next three to four months with a groundbreaking set to occur within the year. In the meantime, Engine Company 13 – the unit tasked with monitoring aerial comings and goings at the White House – will remain open and operational until completion of their new facility.

Though no mention was made of the Mayor’s ongoing scandal concerning (ironically enough) a fire engine donated to the Dominican Republic, city officials were keen on pointing out the extent of the development currently underway in the blocks surrounding 6th Street. The large-scale office development, Constitution Center, is under construction directly across from the fire station’s present location, while its new spot a few hundred yards away will adjoin the District’s new Consolidated Forensics Laboratory.

Washington DC commercial real estate news

Olde Towne Gaithersburg is New Again

It's no secret that Gaithersburg has a bit of an image problem. It may be Maryland's fourth largest city, but it also lacks the basic accouterments young professionals seek for a live-work environment: restaurants, nightlife, shopping, movie theaters and the like (and the City Fathers seem to agree). Local developer Keystone Real Estate Investments LLC is the trying to rope in that demographic by using a tact usually reserved for the inner city: demolishing affordable housing projects in the Olde Towne city center and replacing them with a slew of rental apartments targeted at the twenty-something set.

Keystone's first act in this arena will be the Residences at Olde Towne - a 191-unit, two-building development scheduled to be built at the current site of the Diamond House and Diamond Acres apartments at the intersection of Water and Diamond Streets. Described as having an "upscale hotel"-type feel, the project has already been unanimously approved by the Montgomery County Planning Commission and pinned down a March 2011 start date.

Betting on success, the developer has already lined up a sequel a few blocks away. The Suites 355 will land at the base of old town's main drag, Frederick Avenue, and go even bigger: 268 “multifamily” units in a four-story building. The Suites, too, will replace an affordable housing development, the Executive Gardens, and, the way Keystone sees it, there could not be any more of an improvement.

“It is the blighted conditions of these [buildings] and the nearby area that cause these apartments to be deemed affordable housing, as there are no legal requirements for these apartments to be rented at affordable rent amounts,” says the developer. “The new 459 apartments on the two sites will include 69 Moderately Priced Dwelling Units…as required by the city’s Affordable Housing Ordinance.”

Though plans for the Suites 355 have yet to be filed with Planning Board officials, company reps have met with the Gaithersburg Mayor and City Council as recently as March 16^th to discuss their application. Both of the projects in Keystone’s portfolio will be designed by DVA Architects, and both will be aiming for a LEED certification.

Mr. Eisenhower, Mr. Gehry Go to Washington

The Dwight D. Eisenhower Memorial Commission has announced that they have selected architect Frank Gehry to design the forthcoming Eisenhower Memorial in downtown Washington. Situated on a four-acre Independence Avenue parcel and straddled by the likes of the National Air and Space Museum and Lyndon B. Johnson Department of Education Building, the prominent location will now host Gehry's first ever project within the District.

After tossing his name into the ring late last year, Gehry's as-of-yet undisclosed design has beaten a slew of potential candidates - including principals from Perkins and Will, Krueck and Sexton, Rogers Marvel Architects, Moshe Safdie and Associates, Natoma Architects and PWP Landscape Architecture – for the chance to lay out what the Commission is calling “a unique and engaging landscaped plaza type memorial, with an integral sheltering element to welcome visitors throughout the year and interpretive elements to bring the Eisenhower legacy to life.”

District residents, however, can look forward to more of DC’s famed downtown road closures once work starts. In keeping with the plans to make the Memorial “a unified, defined square,” the stretch of Maryland Avenue, SW currently bisecting the site will be scrapped in lieu of the congressionally mandated and approved Memorial.

The design phase for $90-120 million project is expected to last until 2013, with construction planned to begin shortly thereafter.

Homes, Not Houses for the Mount Vernon Triangle

Property owner Abbas Fathi has received preliminary staff approval from the District’s Historic Preservation Review Board to construct a “two-unit, three-story, three-bay wide brick veneer rowhouse-form building” at 1213 4th Street , NW. Unlike most District development these days, however, Fathi isn’t looking to cram the new development full of “stainless steel amenities” or flip it for a profit before the year is out.

“It’s not condos or rentals,” said Fathi. “Two families are going to live there and I’m going to give it to them.”

Fathi intends to deliver the units to members of his own large extended family that has roots up and down the East Coast and it’ not the first time he’s sought such a project. He’s also currently in the midst of similar initiative at 100 Bryant Street, NW – a property he picked up for $399,000 at January’s Department of Housing and Community Development “nuisance property” auction. Says Fathi: “My brother lives outside the area, but has been wanting to join us, so we’re going to renovate the house for him and his family.”

Designed by architect Bill Washington, the three-story project at 1213 4th Street - which is currently a vacant lot only few blocks from that large-scale testament to the breadth of Mount Vernon Triangle redevelopment, CityVista - will measure in at 3,3000 square feet, to be divided between its two future families. If Fathi has his way, both will be moving in as soon as possible.

“We’ve gotten both ANC approvals…because there are two [with jurisdiction in the area]…If we go and get full approval next week from the HPRB, the following day we’re going to go and apply for permits with the DCRA,” says Fathi. ““If we’re able to start in, say, March or so, we should be finished in about 8 months.”

The HPRB staff member tasked with evaluating the Fathi project has largely consented, with one interesting caveat. “There is the possibility that remains of a 19th century structure/occupation of the lot are present,” writes Meyer. “Archaeological investigations may be warranted.”

Given that the HPRB, as a whole, almost always follows recommendations made by staff, this should pose little to no problem for Fathi – especially given the diminutive dimensions of his 4th Street lot. Other quandaries raised in the report include window widths, dimensions of a cornice and the height of the “main entry header.” Nonetheless, final approval is expected to be granted at the HPRB’s March 26th hearing.

Howard Scraps Plans for LeDroit Park Development

Howard University 's Community Capital Projects division (CCP) has abandoned plans for their “New Homes at Historic LeDroit Park” project, according to University officials. Nonetheless, they don’t seem too keen on telling the neighbors.

Located at the corner of 5^th Street and Oakdale Place, NW, directly behind the Howard University Hospital, CCP had been advertising on the long vacant lot by boasting a laundry list of members on their development team, including Sorg and Associates as architects, Essex Construction Inc. as “construction consultants”, Howard President H. Patrick Swygert as “development sponsor” and Riggs Bank as a co-sponsor.

Curiously, Sorg and Associates told DCmud they have never heard of any such project, Swygert resigned his post as University President almost a year ago and Riggs Bank merged with PNC in 2005. What gives?

“The lots are being marketed for sale,” said Kerry-Ann Hamilton, Howard’s Media Relations Manager. “The University is not developing the parcels in question.” Curiously enough, however, they didn’t respond to inquiries regarding the cost of the mysterious parcel, which has yet to be advertised - in any capacity - as being for sale.

Thinking perhaps the project’s fortunes were tied to the University’s once ballyhooed LeDroit Park Initiative, DCmud questioned the head of the Initiative, Maybelle Taylor Bennett of the Howard University Community Association. She declined to comment on the status of the “New Homes” parcel or the Initiative as a whole – which is the product of a partnership between the University and (hard swallow) the Fannie Mae Foundation. Suffice it to say, the Initiative’s plans for “a new mixed-use Town Center on Georgia Avenue that will include community-serving retail and apartment housing” are probably not imminent.

UPDATE: Howard has since directed DCmud to the Menkiti Group, who is currently listing the 4,420 square lot at 2025 5th Street, NW for $430,000. According to their site, it is the "last remaining parcel from the HU/LeDroit Revitalization initiative."

The Millennium Arrives in Pentagon City

General contractors BE&K Building Group will top out construction today on Kettler’s 21-story Millennium at Metropolitan Park project – the second installment of what is planned to be an ambitious 8-phase, 10-building development in Pentagon City. The project’s first component, the 399-unit Gramercy, opened in 2006.

Once completed in April 2010, the Dorsky Hodgson Parrish Yue-designed building will feature 300 rental apartments with high-end amenities including “a rooftop pool, spa, fitness center and party room,” in addition to a first floor library and business center. More than 7,500 square feet of ground floor retail space will round the initial construction. Work on a “central park planned to serve residents of the entire Metropolitan Park complex” will begin in the project’s next phase – which Kettler’s Jamie Gorski told DCmud in February is currently scheduled to go to ground later on in 2010 with a late 2012 delivery.

New Capital for Capitol Gateway?

Almost a decade after it was first announced, Washington DC’s Marshall Heights neighborhood, bordering the Prince George's County line, may soon receive its long overdue shot in the arm. Developers just last week filed an application with the District government to demolish the abandoned towers on the site (or, in the words of the Office of the Chief Financial Officer, the "unclaimed" property). The Capitol View Plaza public housing complex and neighboring 14-story building, at 5901 and 5929 East Capitol Street, SE will soon be razed to make way for a 110,000-square foot retail center and mixed-income housing.

In 2000, under the administration of former DC Mayor Anthony Williams, the US Department of Housing and Urban Development (HUD) allotted a $30.8 million grant under its Hope VI program to the redevelopment of Capitol View Plaza's 12-story tower - then designated public housing for the elderly and disabled - across from the Capitol Heights Metro. Though the project had initially been scheduled to proceed in 2003, this is the first public sign since 2007 that the redevelopment remains on the District radar.

"5929 we purchased from HUD because it was foreclosed upon. Then we had some issues with FHA when we purchased the building because we had a financial gap. We decided it wasn't worth taking the risk if we didn't have a way to close that gap," said DCHA's Kerry Smyser of the delays. "FHA provided an upfront grant of about $12 million, but you have to use it on their footprint and there's more to do on that site than just to do with that building."

Indeed there is. Originally dubbed “New East Capitol” by the city government, the project has now been twinned with neighboring Capitol Gateway residential project, produced by the A&R Development Corporation and the Henson Development Company. Phase I of that development has delivered “nearly 240 duplexes, townhouses and single-family homes” to an area once notorious for its violence; time and development have gone a long way in imbuing the immediate area with a suburban je ne sais quoi.

That, however, is merely prologue to the 3.4 million square feet of office space, 1450 residential units - including 669 condominiums - and 300,000 square feet of retail space slated to spring up on both sides of East Capitol once construction of the Gateway project begins. Just last year, the development team confirmed that Shoppers Food & Pharmacy will be opening its very first DC branch, a 61,000-s.f. Shoppers Food Warehouse, as part of Capitol Gateway’s mixed-use component...someday. According to Smyser, DCHA is not currently projecting a timeline for construction, nor is A&R committing to a schedule. In total, the cost of the ambitious project is expected to exceed $1 billion.

Washington DC commercial real estate development news

Residences Open for Business on Georgia Ave.

The Neighborhood Development Company (NDC) officially cut the ribbon today on Petworth's newest residential project: the Residences at Georgia Avenue. With mortgage interest rates hitting an all time low, and condo prices having dipped, homes may be more affordable than ever; nonetheless, with Mayor Adrian Fenty on hand today, the developer celebrated the $28 million building at 4100 Georgia Avenue, NW, 72-units of affordable housing and a new Yes! Organic grocery store, scheduled to open this coming summer.

"This project is a perfect example of how we can leverage our resources to both greatly improve the vitality of Georgia Avenue and provide residents with the kind of high quality and convenient neighborhood amenities they both expect and deserve," said Fenty.

The District's Department of Housing and Community Development and Housing Finance Agency cumulatively contributed almost $20 million towards the project; NDC will also receive more than half a million dollars in tax incremental financing from the city for their next scheduled project, The Heights on Georgia Avenue. DCmud recently discussed NDC’s upcoming slate with founder and CEO, Adrian G. Washington in a recent interview.

New Condos for U Street Corridor

Bonstra Haresign ARCHITECTS (BHA) is currently spearheading a top-to-bottom renovation of two neighboring, historic U Street area townhomes at 2029-2031 13^th Street, NW – across the street from The Ellington’s retail enclave and caddy-corner from the proposed site of JBG’s U Street Hotel. According to Bill Bonstra, founder and managing partner of BHA, despite the prominent location, the project has presented a few unique challenges.

“[It] is a dual 3-unit conversion with rooftop addition to two townhouses. A tough project as it needed historic approval with the Historic Preservation Review Board (HPRB) and any addition to townhouses, in that regard, is frowned upon strongly by the Board,” said Bonstra. “We had to clearly show them the addition was not visible from the street.”

Following completion of interior work, as well as the rear and rooftop additions cleared by the HPRB in 2006, the property’s owner, Negasi Gebreyes, will be marketing the six condos culled from the site for sale. According to Bonstra, work should wrap up “in a few months.”

Designs Unveiled for New Smithsonian Museum

The Smithsonian has revealed (via WashingtonPost.com) the first prospective designs for the Mall’s next museum: the National Museum of African-American History and Culture. And from the looks of things, it’s going to be the grandest one yet; proposals for the 350,000 square foot museum within earshot of the Washington Monument range from glass-encased and “table-shaped” to almost pre-historic with natural materials “rising as of out of bedrock and muck.”

Last week’s presentations at the Smithsonian included new renderings and scale models by the development teams previously identified by DCmud: Diller Scofidio and Renfro (now teamed with KlingStubbins); Devrouax and Purnell Architects/Pei Cobb Freed and Partners; Moshe Safdie and Associates (now teamed with Sulton Campbell Britt & Associates), The Freelon Group (now teamed with Adjaye Associates and Davis Brody Bond), Foster and Partners (now teamed with URS) and Moody Nolan Inc (now teamed with Antoine Predock Architect).

Among the new revelations unveiled along with the designs were that the project’s budget, formerly reported at $300 million, which has now almost doubled to $500 million – half of which will be funded through a Congressional appropriation. The Smithsonian is also now projecting a 2015 opening for the museum, following the previously projected 2012 construction start date.

Once completed, the Museum will stand on a five-acre parcel at 15^th Street and Constitution Avenue, NW – one of the very last prime plots abutting the National Mall. A final selection on the Smithsonian’s choice of architect will be announced by a Smithsonian-chosen 11-member panel next month, to be seconded (or not) by a final approval by the Smithsonian Board of Regents. The final design will then enter into lengthy submission processes with both the Commission on Fine Arts and the National Capital Planning Commission.

Both interior and exterior renderings of the proposed designs are available here.

McMansions II: Palisades

While George Soros is enjoying "a very good crisis," he is not alone. As work proceeds on 46 custom homes in the Palisades, at least some new home buyers are paying nearly $2m for a development of custom-built, embassy-sized homes in Northwest Washington DC. The Phillips Park development - overseen by international businessmen William Pryor and Felipe Paraud - will be delivering 46 "estate homes" with sprawling 9,000 to 17,000 square foot lots near the intersection of Foxhall Road and W Street, NW over the course of the next year.

Proof positive that not everyone is suffering, twenty-two of the available lots are already under contract, according to the real estate agent representing the project, Long and Foster's Susie Maguire. The custom-built homes themselves will measure in at 4,500 to 9,000 s.f. and sport designs from variety of architectural firms, including Barnes Vanze, David Jones, Muse and Neumann Lewis Buchanan. Priced from $1.5m, the homes began sales a little more than two years ago,

Phillips Park’s big price tag is in keeping with the parcel’s prestigious former use; it was formerly the site of “Dunmarlin,” a 26-room, 17,000-s.f. mansion owned by philanthropists Duncan and Marjorie Phillips - best known to metro area residents as the patrons behind the Phillips Collection art museum in Dupont Circle. 

The historic mansion was controversially demolished following its sale to Saudi businessman Rafik Harir in 1988. At the time, its $13 million price point was the largest sum ever paid for a residence in the District.

As the development is custom-built, construction is ongoing, but the first few homes sold will begin to deliver later this month. Gibson Builders, Horizon Builders, O’Neill Development, Lifecraft Builders and MB VISNIC are all serving as contractors on the project. Financing is provided by ING Direct. UPDATE: Palisades Park is a shared listing between Long & Foster and the firm of Arnold, Bradley, Sargent, Davy and Chew, Inc.

McMansion Watch: Chevy Chase

Even through the worst of economic slowdowns, the Montgomery County hamlet of Chevy Chase has proven to be one of the most insulated from market declines - at least with regard to home values. The fact may have something to do with schools, proximity to DC and Metro, walkability or history, but certainly housing is the dominant factor, and close-in single family homes have fared best. Which helps explain the surfeit of increasingly imposing, over-sized homes that have dominated the architectural style of new homes. With that in mind, here's a look at some projects currently underway:

Properties 1 & 2: 3823 Bradley Lane

Two single family homes will soon be situated on these dual 17,000 square foot development lots, which formerly hosted the now-demolished Nigerian ambassador's residence.

Developer: Sandy Spring Classic Homes

Architect: GTM Architects

Builder: Sandy Spring Builders, LLC

3810 Club Drive

Formerly home to a split-level rambler that has increasingly become the target of developers, this parcel has been reborn as a goldenrod...chateau? Or English manor, we're not sure.

Developer: Mitchell & Company

Architect: Mitchell & Company

Builder: Mitchell & Company

3516 Turner Lane

Wrapping up construction next month, this garage-centric home sits on a 7,000 foot lot a block over from Chevy Chase's only (and tre exclusive) shopping center on Brookville Road. The convenience will only run you $2,199,000.

Developer: McNamara Bros., Inc.

Architect: Studio Z Design Concepts

Builder: McNamara Bros., Inc.