Washington D.C. real estate development news. Photographs by Rey Lopez.
Tuesday, January 03, 2012
Today in Pictures - Marriott Marquis
Labels: Capstone Development, Marriott, Quadrangle Development, Shaw
Washington D.C. real estate development news. Photographs by Rey Lopez.
Celebrating NoMa
Labels: Archstone, JBG Companies, MRP Realty, NoMa, StonebridgeCarras, Trammell Crow Companies
So just how are things going? "Fabulously. Things are amazing," says NoMa BID President Robin-Eve Jasper.
According to the Broker Roadshow Book released this month, the BID has $4 billion in assessed value this year with another $1 billion under construction. There were 380,000 s.f. of private sector space leased in the last year. Twenty restaurants and shops opened in the last three years. New residents signed leases for 1,200 apartments, and another 2,200 units are under construction.
First + M |
NoMa BID reports a 17 percent increase in average household income since 2010. Jasper said that increase helps coax stores and restaurants to come into the area.
More residents soon will call NoMa home as Archstone's First + M apartments prepare to welcome tenants. The leasing office opened this week, and Jasper said the first residents are expected in June.
With all of those new residents, the neighborhood will need parks. Jasper said a "public realm vision" will be unveiled at the annual meeting. Without giving away all the secrets, she did say that the vision considers how people use parks to create the most useful spaces.
Capital Square |
JBG says it plans to break ground on the 200-room hotel this summer. It will be completed next year.
A spokeswoman for MRP said permits are still in progress, but the project is on track to start work this summer.
Several projects started construction in the past year, including Trammell Crow's Sentinel Square office project and Stonebridge's third building at Constitution Square.
And there still is more to come in the already booming area that exceeded initial expectations.
Jasper said that initial estimates were about $1 billion investment and 15,000 jobs, but says that today there are 45,000 jobs just in the NoMa BID. "All the right pieces were there, the right people to push to make things happen," she said, adding that the plans were not too restrictive or directive with planning and regulation. "And it enabled the private sector to come in and do what it does best."
"The vision that I have, for what it’s worth, is that in the next few years you start to feel this gravity and cohesion in the neighborhood generally where...there’s a vibrant commercial spine in the area of 1st street, and there’s a great feeling and sense of community in all of the adjacent neighborhoods," she said. "And if you go several streets out -- to all the row houses and apartment buildings --that people feel they’re all part of it. That this whole part of town becomes an area that has its own gravity."
Washington, D.C., real estate development news
Monday, January 02, 2012
From Russia with Love and Window Treatments
For transplanted Moscow native Lena Kroupnik of Lena Kroupnik Interiors, crossing the great and cold divide in 1991 entailed more than simply swapping nations.
Accompanying her husband for his job on a joint U.S./Soviet venture under the auspices of Russia’s Ministry of Energy, and wholly enamored of art and design for most of her life, the former engineer and electrophysicist joyfully jettisoned the rigors of a career in steely science. Soon after landing in Maryland and taking some time to acclimate her young children to America, Kroupnik began a formal interior design education and "…walked around with a dictionary in (her) pocket" for years.
“We had architectural schools, but didn’t have interior design schools in Russia when I was young,” said the warm and ebullient Kroupnik, eager to paint a brand new canvas in her newly-adopted country.
For former engineer Kroupnik, interior design is as much—or sometimes admittedly more—about function than aesthetics. With a passion for defining residences by the creative use of window treatments, sometimes even repurposed as dividers—sans windows— to separate, balance and distinguish rooms, Kroupnik’s strategic use of fabrics, textures, draping and layering becomes art and science in itself. Used to widen or in other ways alter windows, or to enhance a vertical line, Kroupnik believes window treatments are tantamount to fine art when adding definition and character to a room.
Let them use silk
In a North Potomac, Md. residence, the homeowner desired an opulent but family-friendly look and function for the home’s first floor. A massive floor-to-16-foot-ceiling living room fenestration replete with glass patio doors and imposing clerestory windows presented a design challenge, but also an opportunity. With a directive to incorporate the small outdoor patio into the vista, the designer said she needed both a connection to and separation from the outdoor space.
“When I looked for the right fabric for the window treatments, I decided on silk because it drapes very well. And when you employ the technique of layering, the fabric has body,” Kroupnik said.
Using silk swags at the top and soft, folded drapes at the sides, Kroupnik framed the outdoors and patio and mitigated some of the light, which she said could be overpowering in the evening.
“When you design window treatments, each component is important,” Kroupnik said, adding trim is key because it adds layering and dimension. Color—in this case cream, mauve and burgundy— can also connect the indoors with organic hues found on the outside.
Because the home is so large, Kroupnik wanted to knit rooms together which was achieved by using the same silk stripe fabric from Carleton House Fabrics and Houles trim throughout. Though window treatment design varies from room to room, from sumptuous to semi-formal to really simple—such as panels of pinch-pleated fabric on a metal rod in the library—there is a feeling of unity and connection throughout.
Divide and delight
In a traditional home in NW D.C., a rather small foyer emptied into a living room, dining room and office. Desiring privacy for guests when entering the residence, Kroupnik used double-faced silk draperies to separate the foyer from the living room.
“You’d like to peek into the living room, and one side is held open with a tie-back hold so you kind of can,” she said. “It provides a luxurious look. It’s elegant and welcomes guests into the house.”
Softening the stone
In a Cathedral area condo, a variety of window treatments including operable Hunter Douglas shades in a semi-sheer fabric were employed to define the home. With the homeowner a jewelry designer who traveled extensively to Africa and throughout the world, the twofold goal was to achieve a warm, cozy space and also a showcase for art and some ponderous wood, metal and stone artifacts.
Achieved by the use of rich and varied textures, the look of the space and art was softened by fabrics and window treatments that included nubby, heavier silk in lighter colors. Because a bulk soffit above the living room window diminished its height, Kroupnik sought to open and raise it aesthetically by using a clean, simple black wrought iron rod at the top. Redolent of the touches of black already in the room, the hardware did not overwhelm the space.
Crests and crystal
In Severna Park, Md., a home with a wooded, river setting called for replicating the flow and cycle of water and nature just outside. Generally dark due to its siting, the homeowners wanted to capture and also create as much light as possible, which Kroupnik did using lots of light-reflecting crystal and in some cases lighter, filmy fabrics for window treatments.
“My engineering background came in handy here because the rooms were not the same width, but we wanted them to appear balanced,” Kroupnik said. Using sophisticated silk swags, jabots, pelmets, panels and Stroheim and Romann embroidered sheers, along with hardware that included a crest and leaves, the designer was able to elegantly frame and preserve the view and court the light while maintaining privacy.
“In the current economy, window treatments can save on heating bills as well as beautifying a space,” Kroupnik said, speaking to the more budget-conscious homeowner. “They are sometimes a neglected aspect of design, but they are clearly very important.”
Saturday, December 31, 2011
Your Next Place
Last but certainly not least, my favorite thing about this place was the fantastic garden in back, with a large stone patio, fully fenced in and extremely private. You could totally sunbathe in the nude back here with no fear of being spied upon. In fact, I gave it a try, but I'd barely gotten my pants off before the agent pepper-sprayed me.
4504 Burlington Place, NW
4 Bedrooms, 3 Baths
$1,095,000
Thursday, December 29, 2011
2011 Year in Review
14th Street Rules
14th Street saw developers lining up in swarms as JBG broke ground on District Condos (Jan 10) and quickly leased up retail in the future building (pictured below), showing the commercial strength of 14th Street, though the building later converted to rentals, showing the relative strength of the apartment financing market. Nearby, Georgetown Strategic Capital readied to build Utopia at 14th & U, though JBG took that up too. Level2 Development got support for 144 units across the street on the 1900 block of 14th, UDR got underway on its 255-unit apartment building replacing the Nehemiah Center, Douglas Development got approval for 30 units on the 2200 block, Habte Sequar started work on his 30 unit project at 14th & R, while PN Hoffman began converting the Verizon building across the street into 40 condos. The Irwin neared final approval for 60 units on lower 14th Street, and Furioso put up a design for a 42,000 s.f. office in the 1500 block.
Virginia, Towering Above Others
Virginia went big this year: Dittmar submitted plans for 500 apartments in Virginia Square (Jan 11), though construction has not yet begun. The beltway's tallest building - at nearly 400 feet - got underway in Alexandria, another just a hare shorter got closer in Tysons Corner, both barely eclipsing the Rosslyn tower that poked above ground (pictured, left) just a few days ago. JBG contributed with its 474-unit Rosslyn Commons groundbreaking (Jan 6).
There was finally a kick start for Buzzard Point (Jan 17), thanks to Duane Deason, who is planning the first residential project in the largely forgotten area, with zoning approval secured in August. Not too far away, Camden Properties began their residential project on South Capitol (June 13) giving the area some momentum. A new bridge and streetscape on the way for South Capitol gave the area even more buzz.
Columbia Heights saw nothing like the boom that hit it in previous years, but Chris Donatelli began adding another building next to his two centerpieces at 14th & Irving.
Getting Malled
It was a busy, if controversial year for the Mall: Eisenhower drew the most attention as Frank Gehry, the chosen architect, put forward 3 plans for a tribute. One was selected, but public discontent with the starchitect's vision was strong, and one arts group put forward its own competition. The winning vision was displayed, briefly. Three areas of the fading Mall were designated for a redesign (Oct 26). Rogers Marvel Architects was chosen as the designer for President's Park South (July 7), while DC residents begged for the reopening of E Street, and The Disabled Veterans' Memorial got nearly ready for construction near the U.S. Capitol (Oct 5). The Martin Luther King Memorial progressed from dirt piles to completion, opening this summer (Aug 12), and the African American Museum of History and Culture got nearly off the ground. Not to be outdone, Latinos pursued sites nearby for another museum on ethnicity and race (July 2).
NoMa boomed, again. Its second hotel, a Hilton, opened in April, Mill Creek Residential broke ground (March 18) on 603 rental units, Skanska purchased a lot in January and planned its largest office building in the DC area (Aug 10). Camden started off 320 units of housing in September, and MRP let slip that they intended to kick off Washington Gateway at NoMa's northern edge (Aug 29) after years of waiting. StonebridgeCarras started digging for phase II of Two Constitution Square (May 12) for 203 residential units and then broke ground on Three Constitution Square (Oct 18) on spec, like its predecessors. NoMa East, however, continued to idle.
Shaw had its day, again and again, as Four Points (officially, anyway) got to work on Progression Place (Feb 5), while the CityMarket at O got underway (pictured, below) two months after the Giant closed. New designs were released for the Wonder Bread buildings (Aug 30) Jefferson Apartment Group bought Kelsey Gardens (Oct 27), promising a quick start of removing the eyesores. Finally, Two more Marriotts were planned next to the Convention Center (June 22).
Take Me to the River
Construction was everywhere in the Capitol Riverfront neighborhood in southeast with the construction of Canal Park (Feb 15), and a new bridge (Nov 21). Foundry Lofts opened to the public, reconstruction of the boilermaker building got underway for the area's first retail component, work on the Harris Teeter and apartment building commenced and Florida Rock demolition finally began. Other waterfronts made progress too as plans in Old Town and southwest DC inched along.
Elsewhere around the city, the CityCenter mega-project got underway in April, still without a tenant; GW faced a public outcry over its plan to demolish historic rowhouses on Pennsylvania Avenue, the Wisconsin Ave. Giant finally got the financing to go forward with the residential and retail project, then beat off the NIMBYs, and Dakota Crossing was purchased, facilitating a big-box retail development where a forest now stands. Tenleytown got an unsightly library, finally (Jan 19) and new school, Eastbanc unveiled its designs for the West End (Apr 8), and the Bozzuto/Abdo team broke ground for the 2nd big project in Brookland.
Bethesda, and its Northern Neighbor
In Bethesda, Bainbridge got to work on its 17-story apartment building, while the Trillium site was sold to StonebridgeCarras and Walton Street Capital (Mar 9), injecting the moribund project with hoped-for new life. Way up north in the neighborhood that no one can agree what to name, White Flint (aka North Bethesda, aka Rockville) got ready for a building boom as JBG and LCOR beefed up residences (1275 by LCOR) planned for the ongoing construction sites and Federal Realty planned 1725 residences. JBG already has the tallest residential building in Montgomery County, which it plans to surpass with its next phase (pictured, at right).
Projects that wanted to be on the 2011 list but will now have to dream of the 2012 list: anything in Fort Totten, Skyland redevelopment, Arlington's first LEED Gold apartment building, reconstruction of Babe's Billiards, the Florida Avenue / Capital City Market, the Adams Morgan hotel, the Akridge and Monument Half Street projects in southeast, and Howard Town Center, to name just a few.
Wednesday, December 28, 2011
Today in Pictures - Boilermaker Shops
Labels: Capitol Riverfront, Forest City, Southeast, Yards
Forest City has announced the following tenants: Buzz Bakery and a brewery, both operated by the Neighborhood Restaurant Group, Austin Grill Express, Huey's 24/7 Diner, and BRB, all expected to open in late 2012. For more historic pictures, see the chronicler of all things southeast - JDLand.
Washington D.C. real estate development news. Photographs by Rey Lopez.
Arlandria Redevelopment Gains Momentum
Labels: Alexandria, CORE Architects
The new complex also slightly increases the amount of retail space, to just over fifty three thousand square feet, and relocates parking underground. The project, designed by Guy Martin at CORE Architects, also aims to increase access to Four Mile Run Park, which is currently blocked off by the current structures. The new Mt. Vernon Village Center incorporates two “green fingers” - clear sight lines that provide park views from the Avenue – as well as pedestrian walkways and bike paths, and a no-vehicles pedestrian esplanade in the rear.
Alexandria Virginia real estate development news
Tuesday, December 27, 2011
Your Next Place
Labels: chevy chase, Your Next Place
This Chevy Chase colonial is totally fresh new construction - you know how when you buy a new sweatshirt, the inside is so soft and velvety that it's almost sensory overload? Extrapolate that to an entire house and you get the idea. Everything was so shiny and vibrant, I feel like living here would be like being a kid again. And let's be honest, living in a newly-constructed house is the really the only way to guarantee your new home isn't haunted. If I was an agent, I'd have that stamped on those glossy fliers for any new house I was selling - "Guaranteed Ghost Free!" I suggested this to the agent at the open house, but she just looked at me like "you're lucky I left my pepper spray in the car."
3211 Tennyson Street NW
6 Bedrooms, 5.5 Baths
$2,195,000