Thursday, February 24, 2011

McCaffery and Douglas Pick Up Chinatown Corner Site

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The last undeveloped corner in one of the most high-traffic areas of Washington has just been acquired by McCaffery Interests Inc. and Douglas Development, at 675 H Street N.W., encompassing the iconic corner building, long since boarded up, and the vacant lot behind it.

"This is the best intersection in metro D.C." said Juan Cameron, Managing Director of McCaffery, comparing it to Georgetown's Wisconsin Avenue and M Street hub. "It is a central location with a lot of pulse, narrow streets, tons of foot traffic, a heavy daytime population, tremendous residential presence, plus the energy of the Verizon Center. In our eyes, its the closest thing Washington has to Times Square."

Though "everyone has their ideas for how the property will take shape," said Cameron, in these early stages the venture is dubbed as a state of the art, mixed use development. "Step one is looking for a marquee tenant," said Cameron.

General partners for the venture Douglas Development and McCaffery Interests acquired the property yesterday at auction. The property had gone into foreclosure thirty days ago, after Yeni Wong of Riverdale International had been unable to secure financing for the building. This past month was the last of many times the building had fallen into foreclosure; in 2009, Wong was given a notice for this property as well as 801 7th Street for $13,491,471 plus attorney's fees. Wong bought the two properties in 2006 for $10 million dollars.

This isn't the just the first or second try at developing this corner. DRI, a Transwestern Company, had slated 675 H Street as a two-building project: one that would restore the corner space and rise nine stories over the arch, the other a Class A office building behind the main storefronts. The total project would have yielded 110,000 s.f. of office space and 50,000 s.f. of retail. McCaffrey owns Georgetown Centre, leased by Barnes & Noble, and Mazza Gallery, which it bought in 1997. Douglas owns pretty much everything else.

Update: Alex Cooper Auctioneers states that the lot was purchased for $9.1 million.

Rosslyn Office Project Breaks Ground Today

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

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

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

Arlington, Virginia Real Estate development news

Wednesday, February 23, 2011

Columbia Heights in a Fishbowl

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Constantine Stavropoulos' announcement that he is opening a sibling to Adams Morgan's Diner and Tryst in Columbia Heights is fitting, with a Sunday New York Times profile about the retail surge - particularly bars and restaurants - in Columbia Heights and its eclectic go-to spots, in contrast to big box stores in the 14th Street section of Columbia Heights.

Stavropoulos purchased the ground floor of 1020 Monroe Street for $1.9 million from Madison Development, the folks who own the commercial Lyon Bakery and have fairly recently entered the world of commercial real estate having purchased the building to convert into condos. Madison purchased the building for $3.2 million in 2010 from a bankruptcy trustee sale.

The 7,000 square foot ground floor space is housed in a 1920's building that Stavropoulos hopes will "attract a mixed crowd" and "will be great for people watching." Constantine especially likes that the building is older and offers interesting architectural elements - old tiles or pressed tin ceilings in addition to open space. Stavropoulos and his father George Stavropoulos will design the interior, as his father is the architect behind Stavropoulos Associates.

Prior to settling on 11th Street, Stavropoulos's choice for a fourth location had been to anchor in what's now Room & Board - a prolonged lobby he ultimately lost. Despite the loss, he says 11th Street has always been on the radar, "since Red Rocks opened and Room 11 hadn't yet been conceived." It wasn't until recently that he found the space on 11th, he also had happened to know the owners for years, since they supply some of the bread for his three establishments. "It's Barry and Fia Madani," he reminisces. "I didn't know they were developers."

Though Stavroupolos says he has received a positive response following his announcement, he hears neighborhood concerns about noise and parking that might result from a high volume restaurant that's open 24-hours. Stavropoulos acknowledges that 11th Street is no Adams Morgan. That he does not know it as intimately hinders him from being as proactive to concerns as he'd like.

"They're totally different neighborhoods in terms of capacity, infrastructure, traffic patterns," he said."The biggest problems with parking and noise in Adams Morgan is during six hours of the evening on Friday and Saturday nights. And those are not the times I'd recommend visiting the neighborhood. The other 150 hours of the week are terrific." As co-president of the Adams Morgan BID and a business owner of Tryst and The Diner for 13 years, he would know.

In private meetings, neighborhood Q&A's and at ANC meetings, he acknowledges he will have to learn about the high traffic times by collecting information from neighboring businesses and monitoring things once the place opens. He is already working toward banding together with Meridian Pint in particular as well as other restaurants on the street to address parking.

"We have to anticipate problems and find solutions, both before problems arise and as they come up," he said.

He hopes that many regulars come from the Metro, bus or within walking distance. He also notes menu items and pricing won't necessarily attract a partying crew past the wee hours. Even in Adams Morgan, his restaurant's late hours attract and eclectic mix as opposed to a boozy one. "My restaurants attract students, construction workers, freelancers," he said. "People are going to and from work all the time. We're not in an era of 9 to 5 anymore."

And as for the name? "I changed the name to The Diner from The Fishbowl the week before it opened," he said. "Then my mother asked if I was opening a fish restaurant." Opening date is slated for fall of 2011. Meanwhile the city is planning a new park directly across the street (rendering, right)

Washington DC real estate development news

Your Next Place...

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By Franklin Schneider

When I was young, my parents maintained a small greenhouse on our property, and I always thought it would be cool to live in one. This childhood wish came back to me as I ambled through this unique townhouse on the edge of Rock Creek Park. Not because it's made of draped transparent vinyl sheeting (it's not), or is as stiflingly hot as a trucker's armpit (it wasn't), but because it was so incredibly full of light. With five separate skylights and a profusion of windows and glass doors, I'm not sure I've ever been in a brighter house.

The living room features sliding glass doors and a fireplace, and the kitchen (granite counters, stainless steel appliances, etc.) has a breakfast nook so cute you'll want to croon at in baby talk. (There's also a dining area.) The master suite is massive, and has a fantastic park view; if the apocalypse hits and civilization disintegrates, whoever lives in this house will have access to prime urban hunting grounds. On the third floor is my favorite room, a cozy sort of irregularly trapezoidal family room (or third bedroom), with its own skylight and several windows. If I'd had access to a TV room like
this as a teenager, I could've gotten waaaaay more girls pregnant.
(Kidding!) The house also features two beautiful full baths, one of which has that kind of shower with a small marble bench inside. I love this type of shower and I truly believe the publishing industry is missing out on billions of dollars by not having an entire line of laminated shower-books for people to read on their shower benches.

1692 Oak St
#24
Washington, DC

3 Bdrms, 2.5 Baths, Parking

$539,000





Tuesday, February 22, 2011

Arlington's Block Busting Year

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One of Arlington's most stubbornly static development sites - a superblock of three stagnant development parcels at the Courthouse Metro station - is finally ready to start construction in what could be a fraternity of development initiatives. Developers of the 1800, 1900 and 2000 blocks of Wilson Boulevard, all located on the same block, have been working separately for years to build large, mixed-use projects on their respective sites, and now the latter two say they will start construction this year for vast amounts of retail, housing, and office space, broken up with a new street between them.

Elm Street Development plans to start its construction on 2000 Wilson Boulevard (formerly the Taco Bell and Dr. Dremo's site), known now as 2001 Clarendon, with 30,000 s.f. of retail space and 154 residential units, while USAA, which purchased the 1900 block of Wilson Boulevard late last year, plans to start work this fall on a mixed-use, predominantly residential project. Working out approvable developments on both sites required land swapping and an endowment of land to Arlington to extend Troy Street, connecting Wilson and Clarendon Boulevards. Meanwhile, developers at the eastern end of the superblock on Rhodes Street are still vying to get financing to double the size of the office space and integrate retail.

2000 Wilson

The stuttering progression at 2001 Clarendon was initially planned to begin in late 2007 as a condominium, but in 2008 switched to apartments (in theory), shooting for a 2010 completion. In early 2010 Elm Street VP Jim Mobley said the team was again "looking at" the concept of condos, "financing dependent." With financing now in place (underwritten as apartments), construction is near, with the likely chance of condo conversion down the road. Retail space will front 3 streets, subdivided into small storefronts. Because of Elm Street's rejiggering of the plans, at Arlington's suggestion, no permits have been issued, but sources for the project say work is expected to commence late this year.

George Dove, Managing Principal at WDG Architecture, which designed the 6 story "extremely contemporary" building, notes the challenges facing the climbing site. "From a zoning standpoint, between Courthouse and Rosslyn, you have a sequence of height limits, and you have elevation changes, so it has a series of levels that drop-off as you move down the street, like stair-steps. This had alot to do with driving the design." Besides shooting for basic LEED certification, an Arlington requirement, 2001 Clarendon will incorporate a series of green roofs. "This is the antitheses of the high-rise, urban, compact residential project. It stretches out over a much larger floorplate. That gives alot of rooftop areas at different levels, it is definitely not a boring facade," said Dove.

1900 Wilson
Across the (not yet built) street, USAA has purchased 1900 Wilson Boulevard, along with its plans for a 5-story mixed-use residential building. USAA bought the Hollywood Video site from Zom, Inc., which had already birddogged plans to construct residences through Arlington's approval process. USAA will retain Zom as a fee developer to build out the project. Torti Gallas designed the more urban seeming structures with large retail spaces along Clarendon Boulevard and live/work spaces along Wilson Boulevard.

Sources involved in the development say no dates have been set, but that work is "on target" to materialize this year, and Hailey Ghalib of USAA says the the developer expects to build in the third quarter of this year and is working with Harkins Builders on pre-construction issues, but has not yet signed a construction contract nor obtained construction permits. Construction is expected to last 22 months.

1800 Wilson
The lone holdout at this point is the eastern end of the block, slated to demolish Rhodeside Grill and Il Radicchio to more than double the office space used by the National Science Teachers Association. The NSTA has teamed with developer DRI to expand their Arlington headquarters at 1840 Wilson, with an approved site plan in hand. NSTA hopes to build a 107,000 s.f. office building with 10,000 s.f. of retail, taking up an adjacent surface parking lot. The site plan was initially approved in November 2005, amendments were approved in July 2008 and November 2008 to resolve façade and parking issues, but the project is on hold pending financing, which the team is "working very hard" to secure, of course. The NSTA has already contracted Davis Carter Scott as the architect and DPR Construction Company as the general contractor, if and when the bankers come to the rescue.

As if that weren't enough, work is now underway next door in the 1700 block of Wilson Boulevard, where Skanska is building a 5 story office building. Get ready for a loud but productive year, and lots of cranes.

Arlington Virginia real estate development news

Monday, February 21, 2011

Tysons Developers Plan 40 Acres Along Silver Line

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Cityline Partners has filed a petition with Fairfax County to rezone Scotts Run Station into a 40-acre mixed use office, residential, hotel, and retail area as part of the Tysons Corner Comprehensive Plan, which incorporates a redesign of a low density project dominated by surface parking. The application was accepted by the county, indicating county planners have given the project an initial review, though numerous intensive public and administrative steps remain before final approval of the plan.

Cityline Partners LLC is a subsidiary of DLJ Real Estate Capital Partners of New York City' Cityline was formed in 2010 to manage the land holdings in Tysons Corner, which encompasses 114 acres and 22 buildings, the largest of the several gargantuan projects that will reshape Tysons as a more urban, gridded, walkable destination - if and when the plan is realized.

Located in the former Westgate Office Park, the area to be developed is flanked by Route 123, I-495 and the Dulles Access Road. The site is within a quarter mile of the proposed Metro station scheduled top open 2013.

"We dont want to turn this area into a concrete canyon," said Tom Fleury, Executive Vice President of Cityline Partners. "We're looking to develop the property into a transit-oriented, walkable, sustainable, mixed-use development with Scotts Run Stream Valley park as the focal point and natural amenity." The project will house eleven office buildings, nine residential buildings, one hotel, and ground level retail space. The entire project encompasses 8.5 million gross s.f. And while several other developers in Tysons Corner have projects nearly as large - 23 acres planned by Capital One and 28 acres planned by the Georgelas Group - each of the sites represents a only a potential for build out and none of the developers have plans to assemble anything close to the approved development in the near future. Once approved, the land could be sold along with the plans, or developed over years since the approvals do not expire. In this case spokesmen for the developer say the project will remain in the planning stage for the next few years, with initial construction forecast in 2013 when the Metro station is operable. Architects for the project have not yet been selected.

Tysons Corner real estate development news

Friday, February 18, 2011

North Bethesda's Rock Spring Centre is Back in Action, For Now

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Last night, the Montgomery County Planning Board gave the go-ahead for the final phase of Rock Spring Centre, a massive mixed-use development that will include nine buildings on the 54 acre tract in North Bethesda. DRI Development will navigate the project that's to house a hotel, retail, office, and residential space in a town center located on in the north east quadrant of the intersection of Rockledge Drive and Rockspring Drive in the Garrett Park area of the city.

This isn't a new project, it's a redo of the last phase of a multi-stage development: the first phase began in 1997, with the creation of 390-residential unit, Avalon Bay; the second phase introduced a 352-unit Rock Spring Centre residential towers - approved but not yet built; and the third phase would have been the creation of Canyon Ranch spa, which was canceled in 2006. DRI has been shepherding the project since 2008, at which time it was shelved as a result of the economic downturn.


Last night's meeting was an amendment to the 2008 plans, which shifted 10,000 s.f. retail to office space and tabled plans for a community center. By the numbers, the 1.3 million s.f. project looks like this:
  • 590,000 s.f. office space
  • 210,000 s.f. retail
  • 90,000 s.f. entertainment use space
  • 200,000 s.f. hotel, 200 rooms
  • 1250 residences

Sandra Pereira, Montgomery County Lead Reviewer for the project, says that financing and permits will determine when they'll break ground. That may not be for a while.

Bethesda, Maryland Real Estate News

CityCenter on the Launch Pad

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Two months away: So say developers of CityCenterDC, for now downtown Washington DC's largest surface parking lot, who are poised to announce an official start to their transformative mixed-use plan to develop nearly 700 units of housing, 185,000 s.f. of retail, 520,000 s.f. of office space, and central shopping plaza, to replace the site left vacant when the forgettable convention center was demolished in March of 2005. Officials say they are nearly set to announce a late April or early May start date to the project, despite any lack of signed tenants to date.The upcoming groundbreaking is in keeping with the April start date Hines officials promised DCMud in June of last year, though it represents a slippage from original intentions to start construction in early 2008 amid the financial crisis. Current tenants such as Bolt Bus have been given until the end of March to vacate the site. With a spring construction start, developers should wrap up construction by late 2013, just as the Convention Center Marriott is nearly finished next door, a pair of events that should have a profound impact on downtown and Mt. Vernon Square, already a bottleneck for traffic.

Filling the chasm downtown, the Hines-lead team, chosen by Mayor Anthony Williams, will rebuild 10th Street and add an east-west oriented pedestrian shopping plaza, hotel, apartments (458), condominiums (216), parking (1500+ spaces) and two office towers. The central retail plaza will be framed by stepped-down buildings to encourage a naturally lit shopping thoroughfare, in what Mayor Adrian Fenty predicted will be a "bustling area where people come after work to shop or eat or to hang out, a city center." The whole site is designed to achieve LEED Gold certification.Construction without an anchor tenant would be an important indicator of faith in the downtown commercial market, as DC's retail spaces show strong demand, financial markets stabilize and the Washington DC office market remains buoyed by an expanding federal presence. CityCenter's backers have been energetically courting large tenants to sign on prior to construction and have tantalized news purveyors that brand name leases are "in the works." Howard Riker, Vice President at Hines, told DCMud last June that the team was reworking some of the floorplans to make way for a major tenant, soon to be announced, and the team has been close to signing several tenants that could have anchored the project, a prospect that still might be close at hand, but there are "no signed leases to date" says Hines' Dawn Marcus. Larger office projects such as Monday Properties' 35-story office tower in Rosslyn have since broken ground sans lessee.

Gerry Widdicombe, Director of Economic Development for the Downtown Business Improvement District (BID) notes the difference 185,000 s.f. of retail will make for downtown. "This is really the capstone for downtown DC. We have about 5 million square feet [of buildable space] left on vacant lots or dilapidated office buildings...the old convention center site is about 2.5 million [s.f.] of that, 1.8 million is the air rights building, then we're almost built out." Widdicombe credits former city leaders with setting parameters of a strong residential presence rather than solely office space - despite the commercial's greater tax base value, and for fostering a vision of a retail center. "Everything's working pretty well. The thing we're lacking is retail, hopefully we'll have an Apple store, maybe a Bloomingdales, to get us over 500,000 s.f. of destination retail." He notes that when the BID formed downtown had 95 surface paking lots and 30 dilapidated buildings. "Now we've got 5."

Putting that concept to paper, and soon to ground, is the worldwide team of Foster + Partners, which created the master plan and is bookending the site with apartments (overseen by Archstone) and office towers, and Shalom Baranes, designing the interior condominiums and integrating the retail. Along with a new 10th Street and I Street, the plan introduces a new vertical pedestrian street ("9 1/2 St"), an east-west pedestrian promenade, and at their intersection an expansive public plaza encompassed by two-story retail spaces with street-level access. The dominance of retail is not lost on its designers and developers, who sloped rooflines downward to the plaza and raised ceiling heights, a major sacrifice in a height restricted city, while stacking an extra floor of retail and creating - if successful - a destination akin to the European fountain, albeit less historic. DC is a city without plazas, and the architects have their sites set on a remedy.

"The real focus of the project is the public realm and retail" says Robert Sponseller of Shalom Baranes, a design principal for the project. "If you take the architecture aside, DC has always lacked a critical mass of urban retail. We're stuck with low height, so our retail space is squeezed. Here the ceiling heights are 16-22 feet, with a 2nd level of retail around the public plaza area...these are literally modeled on the best European street designs of Barcelona and Berlin." Sponseller says the alleys, or "intimate pedestrian streets," in his words, are 24 feet in width beneath residences that stoop to 4 or 5 stories above the plaza. "The Foster plan is remarkable for its clarity and simplicity. There is great pedestrian access, its really an intense, mixed-use project" says Sponseller.

The northern tier of the lot will be filled by a public park on the western margin, a hotel north of I Street in the middle, still just conceptual and without a flag, and a lot on the east owned by Kingdon Gould that has no firm plans for development at this time. Gould obtained the land in a swap with the city, giving up real estate at the Convention Center Marriott to get the northeast parcel of CityCenter.

Hines is a Houston based, privately owned real estate investment firm with offices in 68 U.S. cities and 15 countries. Old convention center photo courtesy Wrecking Corporation of America.

Washington, DC real estate development news

Thursday, February 17, 2011

Howard Town Center - Looking Toward 2015

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After years of postponed deadlines, the Howard Town Center is hobbled by more delays. "We're looking at 2013 at best, though it could be as late as 2015," says KLNB Associate Jennifer Price, who is working on leasing. Howard Town Center is a mixed use concept that would bring a grocer, retail, and condos to a underutilized corner of Georgia Avenue near Howard University. The hitch? Finding a grocery to anchor the space. "Everything is dependent on the grocer," said Price. "Until we secure one, we won't know how much square footage of retail space we'll have available for other businesses." Price says "quite a few" are vying for the space, but one thing is for certain: it won't be a Giant, since the O Street Market project knocks the store out of contention. Price projects that plans for Howard Town Center to firm up by May. Howard Town Center at 2100-2146 Georgia Avenue is the proposed development of CastleRock Partners and Howard University to take the place of the Bond Bread building and offer 70,000+ s.f. of commercial property, a 45,000 s.f. supermarket, 300 to 450 residential units, and parking. All of this, says, Price, is dependent on the grocer, how much square footage it would entail and its architectural plans. Perhaps one reason grocers are reticent to stake claim to the property is because of the new Safeway now planned for middle-Georgia Avenue and the Yes! Organic Market already up the street, in addition to the Giant slated for Shaw. Back in 2009, Philadelphia's Fresh Grocer was a top contender for the site; their corporate office confirms the location is still under consideration."The Fresh Grocer is very interested in and committed to new store development in the District of Columbia, especially at the Howard Town Center," said Patrick J. Burns, President and CEO of The Fresh Grocer. "We have been working with the investors and developers of Howard Town Center for years and are disappointed that the project has stalled. However, our interest in bringing a ground-up, state of the art Fresh Grocer supermarket to the Howard Town Center remains steadfast."
The script for Howard Town Center has a long and colorful backstory, which includes the 2006 land swap of the city-owned Bread building property for Howard's land at Florida and Sherman Avenue, for which the city will solicit bids for a mixed-use property that would include 300 residential units. Earlier in its illustrious life, the Bond Bread building was wedded to the People's Involvement Corporation (PIC), a 30-year tenant. The non-profit was promised ownership of the property in a verbal agreement with Mayor Washington in 1965. When it was not granted, PIC sued in 2003 and lost, naturally, with the court concluding that "a mayor's written promises cannot be relied upon." Trammell Crow Company was the initial developer in the projects early stages, but the university did not have control of the land until 2008, at which point the project was up for bid and Howard opted for CastleRock Partners' proposal in November of that year. Washington, DC Real Estate Development News

Wednesday, February 16, 2011

Blinging the Burger

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By Beth Herman

While many of today's high-end single restaurant designs careen toward green practices and "experiential dining," re-imagining even a portion of McDonald's 15,000 iconic U.S. double-sloped mansard-roofed, vinyl-boothed, golden-arched proverbial burger joints of yore may require a little more thought and planning.


With 700 McDonald's restaurants in the greater Washington, D.C. market alone (referred to by McDonald’s Corporation as the Baltimore-Washington region, and encompassing parts of Virginia as well), a much-anticipated makeover has been underway since about 2004-06 in its earliest planning and test stages.


Retaining its traditional fan base while aligning itself with a brand savvy 21st century demographic, design components such as energy-efficient LED and CFL lighting, WIFI, plasma screen TVs, “zoned” interior spaces designated for speed, extended socializing or family seating flexibility, and dual-lane drive-thrus serve up a more modern approach to fast food. Factor in aesthetic elements that may include cultured stone, rich but muted colors, indirect wall lighting, arm chairs, double-sided fireplaces and art deco panels, and the burger behemoth’s take on new times begins to warrant a story in an epicurean Architectural Digest if there were one.


“What we’re trying to do now is have a much more holistic approach with our environment,” said David Neiss, development director for McDonald's Baltimore - Washington region. Citing brand maturation and relevancy to today’s consumer as the impetus for new direction, Neiss identified only one iconic change to its building design–the double slope mansard–in the 1970s, since the brand’s franchise inception in 1955. “In the early days, we had what we called a red-and-white building with sky-ing arches,” he recalled. “We didn’t even have seating. We didn’t have drive-thrus. We didn’t have restrooms.”

Where carbon footprint and overall sustainability are concerned, Neiss said McDonald’s is “…probably farther ahead than most, and we really haven’t told our story as well as we should or could.” To that end, and in tandem with the trend toward LEED certification, McDonald’s global headquarters in Oak Brook, Ill. was certified LEED platinum in 2009. As of October, 2010, four restaurants in the Midwest, South and West had achieved LEED gold with burgeoning numbers engaging in green practices like low flow plumbing fixtures, recycled denim insulation and even partial solar power.

With 87 redesigned or rebuilt restaurants in the Baltimore Washington area since 2006, and two out of 16 D.C. free-standing structures to date–Georgia Ave. and Peabody, and Benning Rd.–having undergone conversions, brand consistency and message are imperative though there is some wiggle room. "There are local architects that we have trained by our corporate architects to understand our design principles and iconic image,” Neiss said, adding that localizing certain aspects of design in accordance with municipal requirements, and even implementing individual owner/operator key preferences, are not entirely uncommon.



Speaking to what he called the corporation’s “Forever Young” contemporary design concept, which is tantamount to changing and evolving with new trends, owner/operator Craig Welburn said his customers have provided “all types of positive comments” about the change in décor, including the opportunity to work on laptops and monitor news, sports and other events on plasma TVs. Owner of 25 McDonald’s restaurants in the Baltimore - Washington region (four is the average number), and with unconfirmed (“no comment”) reports reflecting owner/operators incurring anywhere from 50 to 100 percent of each estimated $300,000-$400,000 outlet redesign, Welburn is fully invested in the process.
According to Welburn, during a meticulous discovery and design process, a confluence of teams from the franchise end and corporate side are charged with determining relevancy and variable design elements, when necessary. Restaurants in more suburban areas such as Garrisonville, Va., or Woodbridge, Va., for example, both of these in Welburn’s stable, may address different patron needs than those in downtown D.C., such as characteristic children’s play places. With free-standing structures undergoing an exterior redesign, the double slope mansard has yielded to what McDonald’s calls a “more relevant arcade design,” or a more contemporary flat roof topped by a sloping curve, along with understated sidewalk-mounted lighting to mitigate the use of glaring outdoor lighting in the past.


Despite redesign having reportedly impacted 2010 sales in Europe and New York, and with McDonald’s retooled menu pleasing more health and nutrition-conscious 21st century palates, Neiss said the company objective “…isn’t only about driving sales, it’s more about being relevant and sustaining the company as a brand image.” In that respect, McDonald’s overall Baltimore - Washington region redesign is expected to unfold over a conservative eight to 10 years from its initial 2006 test period.

"We try to be very reactive and proactive in staying in touch with society as it changes,” Neiss said.

Congolese Buy 16th Street Mansion for Embassy

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Map: Embassies of Washington DCA grand home on 16th Street from 1894 that's served many lives is taking on a new one as the Congolese Embassy. Currently under contract, the home is listed at $5.75 million and is a short sale. Built in 1894 for $40,000, the home was designed by William Henry Miller for Supreme Court Justice Henry Brown, who lived in the home until his death in 1913. After Embassy of the Republic of Congo, Washington DCstints as home of the Persian Legation and the American Zionist Organization (not simultaneously), the Toutorsky clan bought the house to use as a conservatory, the role it served for forty years, until it was bequeathed to The Peabody Conservatory of Music at Johns Hopkins in 1988. The school sold it, after which it eventually landed in the hands of the current owner, Humberto Gonzalez, who bought the home for $2.2 million in 2001. Gonzalez, who has at times run a bed and breakfast out of the mansion, listed the home for sale in 2008 before contracting with the Congolese - that's Democratic Republic of Congo, formerly Zaire, i.e. led by Joseph Kabila - not its junior neighbor to the west. Should things go as planned, the embassy will vacate its current digs at 1726 M Street, NW, for a 6,700 s.f. lot with 12,000 s.f. of space. In the meantime, the embassy requested, then withdrew, a plan for a circular driveway, which would have had to go through zoning adjustment. As filed with the BZA by the embassy's lawyer on February 9th, "Time is of the essence in the completion of this Chancery application in order to meet the short sale agreement deadline with the Bank of America. The President and CEO of the America [sic], personally, has gone to great lengths on behalf of the Republic of the Congo to facilitate and expedite this short sale transaction. The inability to timely complete this transaction with the Bank of America would be an embarrassment to the government of the Republic of the Congo."

Washington DC commercial real estate news
 

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