Showing posts with label Paul Robertson. Show all posts
Showing posts with label Paul Robertson. Show all posts

Tuesday, March 09, 2010

Friendship Heights' Newest Condos Underway

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Not every project in Friendship Heights / Tenleytown is jinxed. Exhibit A: the neighborhood is about to get its first residential project in recent memory, as Ellisdale Construction gets to work on their project at the corner of Wisconsin Avenue and Harrison Street. The Harrison, at 5201 Wisconsin Avenue, will become a 49-unit condominium two blocks south of the Friendship Heights Metro station when construction completes late this year. With numerous neighborhood projects having been shelved recently, The Harrison will be the first residential project on the DC side of the border since Chase Point kicked off in 2005 (though developers have been much more prolific on the Maryland side). The 4 to 5-story, 50-foot residence includes a single-level, 40-car parking garage on the first floor topped by a 4-floor, wood-framed residence, crowding out what had been a Bank of America parking lot. Project Architect Ronald Schneck of Square 134 Architects says the building will merge the need for two disparate contexts - the busy Wisconsin Avenue corridor and the single-family residential neighborhood that it bisects. Schneck, who designed Fennessy Lofts in Logan Circle, describes a building that is "definitely contemporary in architectural style," with "metal panels in a 3-different color tone palate using copper panels." But according to the architect, the best feature of the u-shaped building will be easy to miss: its large interior courtyard providing patios to first-floor residents and tranquil space to higher units. Not to mention a fire pit and water fountain. "The building will consist mainly of one-bedroom, market rate condos. There's not alot coming out of the ground right now, and with careful planning we've been able to control costs...we were able to get what looks to be a pretty high-end building but making it affordable to build, an important factor in one of of the worst markets, ever." The development team, an affiliation known as Chase View Arts, came together in February of last year to buy the property that Bank of America shaved off from its bank, shelling out $3,360,000 for the paved lot. The condominium is being built as matter-of-right development; the team did not try for any environmental ratings. Newly rebranded Ellisdale Construction, formerly Ellis Denning, is the general contractor and an equity partner in the project. (Dave Clark of Ellisdale says the name reflects an ownership split several years ago that became legally effective just a few weeks ago, and that both sides will continue their construction pursuits.) Ellisdale hired Davis Construction as the subcontractor. Schneck says the project will appeal to a market of young professionals that have hitherto been ignored in the pricey neighborhood, with most of the 49 condos built as smallish one-bedroom units. "There's an untapped potential of people living there and metroing into the city." To reach that crowd, the development team brought in Paul Robertson of Robertson Development to further hone the interiors. Robertson says he redesigned about 85% of the units, and will have a controlling presence in the "marketing, design and interface with the customers" for the condominium. Robertson is a known factor in the U Street area, where he spearheaded such projects as the Moderno, Beauregard, Murano and Visio condominiums. Effusive about the style, Robertson nonetheless had a more conservative take on the form that would prove "warm and natural," with a brick, copper and stucco exterior. Robertson promised "minimalist interiors" with slate and bamboo, European porcelain bathroom tiles, quartz countertops, Waterworks tile, dual-headed showers, Kitchenaid appliances, and 9-foot ceilings. "We tried to do something warm with natural materials that would blend; we didn't want something uber-contemporary." But not to Washington DC retail for leasealienate, Robertson's marketing pitch includes options for a "zen," "luxe," and "edge" package. The building is expected to complete late this year. 

Washington DC commercial real estate development news

Tuesday, February 16, 2010

The Moderno Condominiums

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The Moderno, 1939 12th St., NW, Washington DC
Moderno condominium is a 19-unit condo, a joint venture between DC-based Lakritz Adler and Robertson Development, just off few feet off U Street. The Moderno consists of residential as well as (still vacant) ground floor and underground retail, and 12 parking spots, built in one structure that look like two buildings of 4 and 5 stories. Unique features included in some units: 19-foot ceilings, Spanish porcelain tiles and Spanish-built cabinets and some with outdoor showers on penthouse units. One-bedroom condos started originally in the high $300k's and three-bedroom condos stepped just over the $1m line. Construction began in the third quarter of 2007 and finished in early 2009. Designed by CORE Architecture and Design of DC, with Ellis Denning as the General Contractor for the project, this wood-framed building with brick and glass facade is a refreshing addition to the architecture of U Street, with modern interiors that incorporate wood and stone flooring and minimalist interiors as well as large glass bays, located 1 block to the U St. Metro. Phase 1 sales began October 2006 and did not sell out until late 2009, despite some hype about a supersonic sales pace.

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Monday, June 22, 2009

Industry Insight: Paul Robertson of Robertson Development

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Paul Robertson, Robertson Development, Washington DC real estate, Moderno, Visio, Murano, The BeauregardWith his firm’s tenth anniversary coming up this August, Paul Robertson, the enterprising developer behind such U Street area condominium projects as Moderno, VISIO and MURANO, spoke to DCmud about what it takes to last a decade in the DC development game.

In addition to detailing Robertson Development projects past and present, the company’s founder and president shared his thoughts on butting heads with the DC Water and Sewer Authority (WASA), divulged his newest project and revealed how his firm has just forged a new partnership that will take their work out of the for-sale market and into some surprising new arenas.

How did Robertson Development initially come together?

I started Robertson Development in August of 1999. I had been working for Sallie Mae for about 13 years prior to that, during which time I renovated some DC town homes on the side. Having lived the past 23 years in the U Street corridor, I have seen tremendous development opportunity and progress. I always loved design, real estate, and construction, and I majored in finance so it made sense to get in the business.Paul Robertson, Robertson Development, Washington DC real estate, Moderno, Visio, Murano, The Beauregard

In doing my first full renovations, which I ended up living in, I did the plans, pulled the permits and acted as my own general contractor. I just kind of learned things on the fly. I also used to go look at a lot of open houses in the area – still do. I saw a void there and thought there were some things that I could bring the market I didn’t necessarily see.

I networked a lot and found an agent, Ken Taylor, who helped identify two large brick townhomes on the 1400 block of N Street. I ended up buying them and turning them into eight units. That was The Rocco and The Capece. I designed the majority of the floor plans and was the GC and the developer for the project. Terry Sellheim joined the team as VP of Operations and we hired construction staff. It was a tough project to build because we added a floor to the top of each one, and did massive excavation and underpinning to create basement units the full depth of the buildings. It was a very tight sight and a very, very challenging first condo project.

Can you detail some of the projects you have done?

Prior to the completion of The Rocco and Capece, I started The Highland project, which is at 1531-1535 P Street. It is three town homes that we converted into eight units…Then we did our first new construction – again, still operating as the developer and general contractor. I have a Class A general contractor’s license from Virginia – and built Woodson Row on 12th Street, just south of U St. That’s, coincidentally, another eight unit project, but was all new construction – triplexes over duplexes – which was very successful.

At the same time…we put together the two parcels for The Beauregard and bought property to build what became VISIO. The Beauregard was finished a couple of years ago. It’s a 45-unit building with underground parking. Tompkins Builders was the GC. We built VISIO and are now just finishing up MURANO, which is the sister building to VISIO.

Recently, we’ve co-developed Moderno, with Lakritz Adler Development who asked us to join the team early in the design phase. Prior to construction, we assumed the majority of responsibility for the project. My personal residence at the time - in Woodson Row, which is across the street - was used as a model to sell some of the units in pre-construction. The project is complete, and sales have gone amazingly well. Now I’m working as co-developer with Collins Lange Development on a new project called Truxton Row.

Can you tell us a bit more about Truxton Row? Will it be condos as well?

Truxton Row is a 16-unit condo project. Collins Lange asked me to participate, again, in all phases of the development and construction. The first thing was to re-work the floor plans to enhance their functionality and style, which I’m confident added significant value to every unit. The great thing about good design is that it doesn’t really cost anything. It takes effort, time, experience and imagination but the dividends are huge.

Paul Robertson, Robertson Development, Washington DC real estate, Moderno, Visio, Murano, The Beauregard

The project will be done in two phases; construction has now started on Phase 1. The project has eight town homes, 7 new and 1 renovated. Each home contains two units, most of which are duplexes with a few flats. Many are similar to units at Woodson Row. There are terraces and double-height living rooms and so forth. The exteriors will be very traditional. Despite the trend toward doing “lofts” and ulta-contemporary, the interior finishes will lean more toward a “transitional” and traditional look. It’s going to be very exciting project.

Why the attraction to traditional architecture over say, the glass and steel look that’s so prevalent these days?

We wanted to follow the look of the exteriors and to offer a more refined sophisticated look. It will be great to offer some classic, upscale finishes in new construction. Currently, almost all new construction has a very “contemporary” aesthetic, but that doesn’t appeal to all buyers.

Given that are you are a condo developer, how has the condo decline affected business? Is the DC market as insulated as public perception makes it out to be?

Well, I don’t think it’s insulated because certainly virtually all projects have seen price reductions – although Moderno has fared very well in that regard. But because of the high desirability and significant job creation of the metro area, we haven’t been hurt as badly as some other locations. Washington is still one of the best places to live.

What attracted you to condos? Have you ever considered pursuing a rental project?Paul Robertson, Robertson Development, Washington DC real estate, Moderno, Visio, Murano, The Beauregard

Yes, but everything that I have looked at to this point, and actually embarked on, has lent itself more to condominium than it did to rental. Although rental has been hotter in the past year or two, we see small signs that potential new condo projects are becoming more viable again.

Which neighborhoods do you see as ripe for redevelopment? You’ve fared well in some emerging areas, like U Street and Logan Circle.

There’s still plenty of opportunity in the U Street and Shaw area, and certainly Columbia Heights, Brookland and Petworth – that’s where I see it going. But there’s still infill in better neighborhoods. It’s harder to find and certainly harder to find at a price that makes sense, but it’s there.

What are your thoughts on DC development process as a whole? Is there anything you’d like to see change?

I would take whatever steps necessary to significantly reduce the time it takes to get a building permit. They are making strides at DCRA, but, if I were the mayor, that would be a priority because it would really facilitate more development and therefore generate more tax revenue for the city.…Also, I would start an initiative to work the utilities – WASA, Pepco and Washington Gas – even though they’re not governmental agencies…because one still needs to get approvals from those utilities and often times that is a greater challenge than working with DCRA. People tend to focus on the DC government, but what they don’t often realize is the complexity and the time consuming nature of dealing with Pepco, WASA and Washington Gas.

What’s next for Robertson Development?

I’m in talks with a couple of developers about additional co-development projects. One is a mixed-use and the other 100% residential…Both will be in DC. We are really pleased that others seem to recognize the value we can bring to all phases of a project. Of course, we’ve made lots of mistakes, but it helps our partners because we try to help them avoid them in the future.

I should mention also that Robertson Development is branching out and starting another company called Robertson Walsh Design. Paul Robertson, Robertson Development, Washington DC real estate, Moderno, Visio, Murano, The BeauregardI’ve partnered with an architect, Brandon Walsh, to start the company. We both love design, space planning, cool materials, et cetera. We are currently doing several projects including designing a vacation home in the mountains of West Virginia and doing a rooftop terrace for the local nightclub, Town. We’ll be launching a website announcing those projects and services very shortly.

If you had a dream project, what would it be? What would satisfy you the most in terms of future development?

I would like to do another project like The Beauregard because, although it is terrific, I have learned lessons from it and other projects that I would love to apply to another “large” building. It’s the challenge of doing something better than the last time, of continuing improvement and refinement. But what is most satisfying is hearing the positive response we get from the people who have bought homes from Robertson Development.


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