Showing posts with label Pulte Homes. Show all posts
Showing posts with label Pulte Homes. Show all posts

Wednesday, March 24, 2010

The Giant Mess of Greenbelt Station

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If it continues on its current course, the planned, $2 billion Greenbelt Station development may well go down as one of the biggest - though certainly one of many - debacles of mixed-use, high-density construction in the region.

Greenbelt Station is the brainchild of the Washington Metropolitan Area Transit Authority (WMATA) and the late A.H. Smith Jr. whose estate still owns most of the land that hugs the beltway just south of where I-95 blends into the beltway.

It was Smith's father who first began mining the land around the (then) rail road tracks in 1916 and created the asphalt plants that supplied the I-495 portion of the Capitol Beltway the raw materials that built it.

In 1996, WMATA announced that it would be redeveloping its part of the land adjacent to the Metro. Smith Jr. approached Metro about combining their efforts and creating a ginormous, high-density, townhouse and shopping development. Lessard Architectural Group was brought in to create a site plan, showing the nuts and bolts of how the separately-owned portions of the development could link together. And with that, the ill-fated Greenbelt Development was born.

For his part of the project, Smith took on a partner, developer Daniel Colton. Together they formed GB Development to develop the South Core and, until 2007, their townhouse/retail/multi-family residential project seemed to be on track for a 2008 groundbreaking. But then things got messy.

The development was supposed to be the apotheosis of a from-scratch, mixed-use community, with retail, entertainment, office space, hotel, and literally thousands of new homes in the heart of Prince George's County.

Designed by SK&I, the 240-acre parcel was to be split between a South Core of Pulte Homes townhouses and a North Core consisting of 2.3 million s.f. of office and retail space, plus 2,200 new homes. Built between neighborhoods where pickup trucks populate the driveways of unassuming one-story homes, and where there is no architecture to speak of, the development would replace a large mining operation still in use, a large surface parking lot, and at least some of the forested hills - with died-in-the-wool neocontemporary suburbanism at a Metro station.

But then everything that could go wrong, did. And today Greenbelt Station finds itself tangled in news of bankruptcy, allegations of fraud, dissolving partnerships, and inaction. Assistant Planning Director for the City of Greenbelt, Terri Hruby, tells DCMud that as far as she knows, the Smith portion of the development is "basically on hold," adding that to date "what's been approved has been a concept plan and one portion of the townhouse site plan. Another plan has been submitted, but hasn't gone anywhere."

In the northern part of Smith's parcel, Urban Design Supervisor Steve Adams, from the Prince George's County Planning Department, says that his department has "heard through the grapevine now and then about various commercial enterprises that might be trying to get something going in the northern part," but adds skeptically that, "nothing has come in to date."

Hruby speculates that "with the financial times being what they are," it's unlikely movement is going to happen in any part of the development any time soon and says that "there are still over-arching issues the developer needs to address." Like how to get someone to finance a gargantuan new suburban development project, for instance.

Bottom line: It's unclear if the developers even have the financing they need to move forward and they won't be getting a green light from planners unless they can make assurances that they are financially viable enough to follow through with road improvements and other existing land covenants.

This all brings us to the question: Who's developing this mixed-use masterpiece, anyway? On paper at least, the developer for the Smith parcel is Metropark LLC. But who are the entities behind Metropark? That's a question that leaves even city and county planning officials scratching their heads.

In December of 2007, Smith died at the age of 74, leaving the project jointly in the hands of his estate and with his business partner, Daniel Colton.

According to a 2008, WUSA News 9 Now report, Patrick Ricker, a developer working with Colton on the Greenbelt Station development, became the subject of an FBI raid aimed at high-level officials with ties to fancy development contracts. That same report revealed that Colton had once served time in prison for bank fraud and that the Greenbelt Station Development itself had also become part of the FBI's investigation.

After the fallout, Colton filed for bankruptcy in 2009, severed his ties to the project, and left the community at large even more exasperated and confused.

Hruby can tell us that original partner in the townhouse project south of the tracks, Pulte Homes, is now officially out of the project, but says that "there have been several town home developers and I don't know who the current players are."

Edward J. Murphy, Town Administrator for the adjacent Berwyn Heights community responded in much the same way, saying that as far as their town planners know, "the developer for the entire Smith project hasn't changed," but "the people that run the development have."

Murphy was equally fuzzy on details about who's now running Metropark LLC, which is not so surprising when you take into account that since 2006, at least nine different partners and LLC's have been cited as partners in the joint Smith-Metro Greenbelt Station project.

Now it's time for some more bad news: the saga over the Smith family parcel is matched on the WMATA land, where developers are suing Metro for backing out on an agreement that would have allowed Greenbelt Ventures the rights to develop the Greenbelt Station Towne Centre.

For its part, WMATA representatives have failed to respond to DCMud's inquiries into where its part of the development stands now. When a public agency won't return your phone call about very public project, assume the worst.

Maryland Real Estate and Development News

Wednesday, November 11, 2009

Metro West - Urbanity on Hold

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It has been heralded by green organizations across the country as "the answer to urban sprawl" - an urban village complete with more than 2200 new residences, fountains, cafes and over 100,000 s.f. of the all-important, ground-floor retail, concentrated around a Metro station as an outlet to relieve pressure for expansion outside of Washington DC.

When Pulte Homes' 56-acre Metro West development is finally completed, it will concentrate residences and offices south of the Vienna-Fairfax-GMU Metro Station, north of Route 29, and usher in a new era of "smart growth." That is, if it ever gets built.

The idea for Metro West first debuted in 2001, but it was March of 2006 before Fairfax County approved plans for up to 2,248 residential units and 300,000 s.f. of office space between Lee Highway and Saintsbury Drive; outside the beltway but still on a metro line.

"It took too many years trying to get it approved," laments Stewart Schwartz, Executive Director for the Coalition for Smarter Growth. In 2003, Schwartz's group began lending support to the project as it passed through Fairfax County's Proffer System. He credits green organizations like the Sierra Club, FairGrowth and his own for spurring a "turning point" with the Board of Supervisors, who began to see "a transit-oriented development as a green solution" that would help to make Fairfax and other Northern Virginia neighborhoods feel more connected to one another.

In light of the 2006 zoning approvals, an announcement appeared on the Metro West web site declaring that construction would begin in 2007. The bulletin still adds that "the first townhouse and condominium units could be ready for occupancy by the middle of 2008."

But three years after making that announcement, Pulte Homes Corporate Communications Manager, Eric Younan, tells DCMud that no sale dates have been set, and his office "doesn't have a date for when they're going to build [Metro West] at this time." There is nothing new to report "that's not on our web site," reiterates Younan.

So, will Metro West ever come to achieve its potential?

Mike Wing from the Fairfax County Department of Planning Zoning is optimistic, assuring that Metro West "is moving forward with the permitting process and working with the VDOT," but that these discussions "take time."

Pulte Homes' former Northern Virginia land acquisitions head, Stan Settle, takes a different perspective. In 2005, Settle battled with everyone from angry neighbors to then-US Congressman Thomas M. Davis of Virginia to win the right to raze 69 single-family homes so that Metro West could be realized.

But Settle says a lot has changed since then. In 2009, Pulte merged with Centex Corporation, becoming the largest home builder in America. Settle was let go from the company after the merger, and has since formed his own land company. Although no longer involved in Metro West decisions, Settle holds fast to the opinion that Pulte "projects like Metro West have gotten shelved until the market improves."

"They have a great land position," but he speculates that Pulte "is just sitting on the land," adding that in this market "it could be a while before Pulte has to worry about high rise construction again."

Despite Settle's foreboding, there have been signs that Metro West is still on Pulte's agenda. Just last June, the company began looking for Fairfax County approval to swap out 700,000 s.f. of residential space for office space, a move green organizations are supportive of because it still translates into increased density near a Virginia Metro station. But building anything close to 2200 housing units seems presently unimaginable, and Stan Settle remains the contact person on Pulte's website, which also lists a timeline that hasn't seen an update since 2004.

Wednesday, June 20, 2007

Greenbelt Station Transformation

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Creating a “transit-oriented community” in the area surrounding Prince George’s County’s Greenbelt Station, GB Development, Fairfield Residential, Pulte Homes, RCP Development, and others are working together to complete the $2 billion retail, office, residential, and transit-inclusive Greenbelt Station project. At its completion, the project, designed by Bethesda-based SK&I Architects will include approximately 2,000 residential units, 1.5-million s.f office space, and 1 million s.f. retail space. According to the development’s website, it will also be adjacent to and centered around WMATA's Greenbelt Metro Station.

Replacing what is now a concrete plant and the existing Metro Station parking facility, the development will be pedestrian-friendly with wide sidewalks, landscaping, and benches throughout. The New York Times’ coverage of the development said the project would also offer community amenities such as ball fields, a pool, and a community center.

The development would include a variety of housing options; RCP is planning a 4-story, 378-unit multi-family housing community that will contain either apartments or condominiums at its completion. RCP’s portion will also include 80,000 s.f. ground floor retail with above grade, above-grade structured parking. Pulte homes will be constructing town homes, while Fairfield Residential is planning additional apartments. A hotel is also a possibility for the development.

According to Martin Klingel, Vice President of Development at RCP, his company has not yet submitted for its detailed site plan approval, but will within the next month. He said site plan approval could take up to a year, with construction likely to take another two years beyond that point.

Friday, August 18, 2006

In Potomac Yard, Developers to the Rescue

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When city planners for Potomac Yard found that public works projects were needed, they did what city planners across the country are increasingly doing: They turned to the developer to provide city services.

Begun in 1999, the project has gone through several phases including a plan by the late Jack Kent Cooke to build a new stadium for the Washington Redskins; a plan defeated by a coalition of neighborhood groups. The current plan calls for development of 165 acres with 1.9 million square feet of office space, 135,000 square feet of retail space in addition to the 600,000 square feet already in use at the Yard, and 1700 units of housing.

Justin Wilson, former President of the Del Ray Citizens’ Association, is optimistic about the on-going development project at the Potomac Yard.

Wilson was one of many in the Del Ray community who were shocked to learn that there was a plan to relocate the local fire station from Windsor Avenue to the Potomac Yard – and Wilson and the Association insisted on a discussion with both the developers and the City. "The city got caught behind the eight-ball,” said Wilson, “But they’ve caught up with the issues facing the community and the development companies are responding to our needs."

Enter the site’s developers, Pulte Homes, Inc. and Centex, which agreed to finance the relocation of the firehouse and to pay for new equipment, according to Wilson. The master plan further calls for the developers to straighten Route 1 and rebuild the interchange and overpass. As in many communities, the developers have already agreed to subsidize 60 units of low-income housing, providing communities a fast, free way to provide affordable housing, an issue that long vexed planners in recent decades.

Helen McIlvaine of the Office of Housing has addressed the issue of affordable homes at the Yard, in meetings between the City, developers and community members. The proposal calls for the affordable housing to be based on yearly incomes of $54,000/yr and rents of, $1,500/month.

Among the features proposed for the new state of the art fire station are a community room to be used by both residents and fire department trainees, as well as the construction of individual sleeping quarters that will be able to accommodate the growing number of women in fire suppression.

Community concerns have also been expressed regarding noise abatement for the homes above the proposed fire station.

Alexandria Fire Chief Gary Mesaris stated that the new location in the Potomac Yard would still allow for a 4 minute response time to emergencies in Del Ray; a time still within accepted limits. Among the proposal being considered are the maintenance of two fire stations; one at Windsor Avenue holding the HAZMAT Response team and the new one at the Yard.
 

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