Showing posts with label Washington DC real estate. Show all posts
Showing posts with label Washington DC real estate. Show all posts

Monday, December 27, 2010

DCMud 2010 Year in Review

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2010 may not have been a chart buster for real estate, but by most accounts it beats 2009. DCMud presents its annual report of what happened, and what didn't, this year in the world of commercial real estate. 

To start the year, the Coast Guard Headquarters received a thumbs up (Jan 7) from NCPC for the WDG Architecture and HOK designs. Silver Spring will get its arts venue now that the county has reached an agreement (Jan 15) with developers to swap land.  Lee Development Group intends to build a hotel, office building, and 2,000 person music hall in the CBD. Another church sold out to developers (Feb 2), as Lakritz Adler planned to build 200 apartments in place of the First Baptist Church of Silver Spring, just across the street from the library that just got going. Right next door, the county asked developers to submit bids (Feb 3) for another residential project. Progress crept forward on the purple line when the county decided to place it next to the bike trail. The Moda Vista finally took off (Nov 8). Wheaton could be transformed, now that Montgomery County Wheaton Safewayand WMATA have asked developers to submit bids (Jan 21) to control 10 sites downtown, with a B.F. Saul lead team chosen for most of it (July 29). Patriot Realty submitted formal plans (April 13) for 500 apartments above a new Safeway downtown (pictured). EYA began plans to demolish the James Bland Addition public housing project in Old Town Alexandria, which it followed through on, to make way for a mixed-income housing project, now for sale. The Takoma Theater was the subject of a showdown between its owner, who wanted to tear it down and build apartments, and the Historic Preservation Review Board, which liked it just the way it was. The District pushed forward with plans for Skyland, pushing out owners to make room for a developer, testing constitutional boundaries (March 12), even after a national trend by states to stop such practices. Middle Georgia Avenue boomed this year, while the northern and southern ends were a bust. Middle Georgia got a new restaurant (Jan 27), and a new apartment building by Chris Donatelli (March 21), now that both have started construction and are well on their way to completion, as well as a new CVS. NDC got underway on The Heights (May 24), and proposed The Vue (Dec 12). On the lower end, redevelopment of the Bruce Monroe school fizzled (Aug 10), and the planned Howard Town Center went nowhere. L'Enfant plaza retail redevelopment

Moving to downtown DC, L'Enfant Plaza stands a chance of becoming less frightening, now that a cabal of federal planners and developers are in cahoots (sort of) (Jan 29) to rebuild the '60's era mass of concrete into something less awful. Not quite ready for prime time: a 14th Street condo project in Logan Circle promised for 2009 failed to get underway in 2010, despite ongoing predictions things were "imminent". The Arts at 5th and I took one step forward and two steps back, as Donohoe Companies and Holland Development, which won the rights to develop the site in 2008, admitted they were not ready and turned the Mt. Vernon site into a parking lot (Feb 9). Holland later said (Nov 18) that they were getting "closer." Alexandria pondered how to make the King Street Metro less unfriendly to pedestrians (Feb 10). The District began a long process (Feb 12) of reshaping Dupont's underground trolley station into something useful, long after it failed as a restaurant venue. The District eventually selected an arts coalition (Oct 21) to build out the space. The Corcoran, which had partnered with Monument Realty to convert southwest's Randall School into a large apartment building, gave up the ghost and sold the project to private investors (Feb 18). Senate Square on H Street was sold at auction (Feb 22) to its mezzanine lenders, relieving New York's Broadway Development of one its DC debacles. Broadway had already defaulted on the Dumont, and soon Arbor Place, its investment in Jim Abdo's New York Ave project-that-wasn't, would also fall apart (May 14). M.M. Washington High School was given to a team of local developers who planned to turn it into subsidized senior housing (March 15), construction is expected by mid 2011. A Woodmont Triangle church has been trying to morph into an 8-story, 107-unit apartment building along with a new church, moving through approvals and looking for a partner after Bozzuto backed out (March 16). DC and the feds gave money ($7.2m from DC) to Urban Atlantic and A&R Development Corp. (March 18) for the 8.5 acre Rhode Island Station, which then broke ground May 18th. Greenbelt Station gets more hopeless by the year (March 24). H Street swelters: The Rappaport Companies got ANC approval (March 26) for Rappaport apartments and retail for lease on H Street, DCits Torti Gallas designed, 400-unit building on H Street, heating up the retail corridor just as the trolley lines are finishing up. Clark Realty broke ground on Arboretum Place (Sept 15) at the eastern end, and new supermarkets are planned for the east (Aldi) and west (Giant) ends. After years of litigation, Ed Peete's Bromptons project made a comeback in Arlington (March 27). Alexandria skyline rising: The Hoffman Company will put 1,200 new rental apartments and upwards of 70,000 s.f. of retail adjacent to the beltway in Alexandria, rising up to 31 stories (March 30). An Arlington church cleared its last legal hurdles Arlington Virginia real estate project- the Views at Clarendon(April 16) and began building the Views at Clarendon (pictured), a mixed church and residential project, which other urban churches eyed with interest (Oct 11). Arlington kicked off Long Bridge Park (April 21), its 46-acre isolated brownfield on the edge of Pentagon City that it hopes will become a major attraction. DC opened its riverfront park next to Nationals Stadium (April 27). Next door, Canal Park got underway in Southeast's Capitol Riverfront (Aug 26), a neighborhood that added more than a thousand new residents in 2010. Hopes of Utopia were raised, then deflated, U Street developer Georgetown Strategic Capital predicted imminent progress (Apr 22), then got a 2-year extension (June 26) to build his apartment building and retail project. LCOR broke ground on the Nuclear Regulatory Commission building in North Bethesda (April 28). The MBT bike trail opened a new leg in Northeast DC (May 3). Georgetown's Social Safeway reopened, newer, bigger, better (May 4), as did the Georgetown Library (Oct 14) after a devastating fire in 2007 on the same day that Eastern Market smoldered. The Cohen Companies floated plans for a large residential project at 14th Street and Virginia Avenue, SE (May 5). Brookland had a great year, breaking ground on Dance Place and Artspace, EYA broke ground (May 6) on 237 townhouses, and Bozzuto and Pritzker Realty Group partnered up to build Jim Abdo's mixed-use project (Aug 20). Abdo's other grand plan, Arbor Place on New York Avenue, got no such reprieve, and faded away (May 14). The District broke ground on Sheridan Station, a 344-unit public housing project in Southeast, hoping to cure its crime and upkeep problems (May 10), as well as a host of other affordable housing projects. Construction got underway on the Martin Luther King Memorial (May 14).Capitol Hill real estate - Louis Dreyfus to demolish historic rowhouses in DC Louis Dreyfus demolished a block of historic homes (May 20) on the edge of Capitol Hill, ostensibly to build Capitol Place, with 302 apartments, but so far have only turned it into a parking lot. Columbia Pike saw several apartment buildings open (May 23) as development of all kinds took hold, but no trolleys yet. The Loree Grand opened to residents (May 31) just after Paradigm opened its doors (May 28) as the first new housing in NoMa in a century. Archstone broke ground on more residences for NoMa (July 21), 469 apartment units (pictured, right) designed by Davis Carter Scott, on track for a mid 2012 opening. DC reached the 100th anniversary of the act of Congress that gave the District height limits (June 1). Southwest DC passed several milestones, as the Southwest station reopened (June 3) along with a new Safeway. It made nominal progress on the Waterfront (Aug 18) with its first demolition and release of early designs (Sept 30), but construction is not expected any time soon. Capitol Hill's Old Naval Hospital began the rebuilding process on its way to becoming a community center (June 10). The Monty, a long-planned Bethesda high-rise, got a new owner (Bainbridge) (July 1) and soon after got ready to break ground (Nov 5). Work got started on 1000 Connecticut Ave, designed by Pei Cobb Freed, perhaps DC's most visible office building (July 12). Post Properties got underway (Aug 9) on phase two of its Carlyle Square apartment project in Alexandria, 344 new apartments designed by SK&I Architectural Design Group. Park Morton got another public injection of cash, likely clearing the way for a large affordable housing project. Developers should break ground on the 500 units during 2011. JBG found a financing partner (Aug 15) for its 14th Street condo project, gave it a new name (Oct 27), and said it was ready to break ground this year, though that hasn't happened yet. A 42-acre parcel in Northeast was planned by Trammell Crow for a big box destination (Aug 17). Capital One proposed a more urban remake of 23 acres (Aug 19) in Capitol One Real estate project in Tysons Corner - retail for leasedowntown Tysons Corner. The Bonstra Haresign design, however, is expected to be built only a few bits at a time, if at all. A long time coming, the Howard Theater began a transformation that should help restore some if its former glory (Sept 1). The Smithsonian unveiled revised plans for the the Museum of African American History and Culture, to take up the last free spot on the Mall (Sept 3). Reston Station got underway as the public garage component began construction (Sept 6), and Comstock Partners planned an early 2011 groundbreaking on their portion, more than a million s.f. of development at the end of phase 1 of the Silver Line Metro extension. Urban planners began thinking through a full makeover of Mt. Rainier nearly a century after the city peaked as an inviting community (Sept 22). Washington Property Company started work on its 16-story residential building in Silver Spring's Ripley district, designed by the Lessard Group (Sept 29). Marriott Convention Center DC on Massachusetts AVenue After decades in the making, Marriott's development team began site prep (Oct 20) in downtown DC next to the Washington Convention Center, then broke ground on the 1175-room hotel. Equity Residential bought the plans for a Lyon Park project in Arlington and expected to break ground soon on the new apartment building and retail (Oct 5). Arlington selected Arlington Partnership for Affordable Housing as the developer of the residential portion of Arlington Mill, a subsidized residence and community center (Oct 6). In Rosslyn, the Artisphere opened, adding a touch of nightlife to the 9-5 neighborhood, a new office building and street gotRosslyn real estate:  Monday Properties building 1812 N. Moore office building underway courtesy of Skanska (Sept 18), and JBG nearly started work on Rosslyn Commons (Oct 3), 454 new units of housing. Monday Properties began work (Oct 12) on 1812 N. Moore, their speculative 35-story, 390 foot office building (pictured), what will be the region's tallest building when completed. The Davis Carter Scott-designed structure will rise above the new Rosslyn Metro station. Developers of CityCenter DC said they would be ready to fill the gaping hole downtown by next spring (Oct 22), despite the apparent lack of an anchor tenant. Paradigm Development began work on more than 400 apartments in Mount Vernon Triangle (Oct 27). Carr Properties and architects at SmithGroup came up with plans to add an office building onto the Corcoran Gallery of Art (Nov 5). The cash-strapped Perseus sold 14W to JAG, which said it could start building the 14th Street project almost immediately (Nov 24). Next door, work began on UDR's apartment building after delays and extensions (Dec 15). In the last item of note, Shaw's Progression Place started up (Dec 22), though the more meaningful O Street market got nowhere, despite an official groundbreaking (Aug 30).

Monday, October 11, 2010

Art House Open House This Thursday

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Sponsored Story
Arbor Media and Realtor Megan Shapiro of Remax Allegiance Capitol Hill present the first autumn "Art House Open House" event at 748 Seventh St., SE, Unit C. The public is invited to a happy hour Thursday October 14, from 5:30pm to 7:30pm to browse the work of local artists and to view the property. Wine and amuse-bouches will be served compliments of Marvelous Market Capitol Hill.

The work of the following artists will be represented:
Geoff Ault- photography (CITY Gallery)
Tim Conlon- graffiti artist (Studio H)
Ellen Cornett- pastels (CITY Gallery)
Sherill Gross- cut outs (CITY Gallery)
Liz Lescault- ceramic scuplture (CITY Gallery)
Katherine Mann- mixed media painting (Hamiltonian Gallery)
Steven Pearson- mixed media painting (Studio H)
Pam Rogers- mixed media painting (CITY Gallery)

About the Property
Perched above seventh Street SE only two beautiful blocks from Eastern Market Metro, 748 Seventh Street SE Unit C epitomizes Capitol Hill luxury. The open floor plan of the living space easily accommodates all of your guests both for dinner and for cocktails around a built-in gas fireplace. The beautiful Italian glass tile backsplash of the home's kitchen is a work of art in its own right. Your inner-chef will marvel at the stainless steel appliances and ample granite counter-space. As an added bonus, the kitchen spills onto a family room and a private outdoor terrace. Upstairs, the master bedroom suite boasts year-round views of the Capitol, a massive walk-in closet and a bright, spa-like bathroom. Down the hallway, two bedrooms and an adjoining bathroom finish off this 2000 square foot new construction masterpiece. In addition, you'll never have to circle the block for parking as the unit comes with its own secured space behind the building.

About Art House Open House
As native Washingtonians, we can assure you that the most talked about topic in Washington has never been politics- it has always been real estate! Art House Open House, professionally curated by gallery director and owner Phil Hutinet, gives both real estate hounds and art lovers the opportunity to preview DC's hottest real estate while viewing the work of renowned local artists. See what art work looks like when it is taken out of the gallery and installed in the home.

Thursday, February 04, 2010

DC Preservation League Seeks Historic Site Nominations

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Know a historic property that needs protection? The DC Preservation League is seeking nominations for DC's most endangered buildings, parks, or vistas, in an effort to save historic sites facing demolition, "inappropriate alteration," or just plain neglect. Interested parties have until tomorrow to submit the site they would like saved.

Wednesday, December 30, 2009

DCMud's 2009 Year in Review

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DCMud looks back on 2009 by presenting the real estate year in review. In what might go down as "The year nothing got built," officials and builders at least found time set up the pins for 2010. And while 2009 is a year most real estate professionals would like to pretend never happened, it did.  Here's the best and the worst: 

Howard Theater Plans Approved (Jan 1) - The District approved plans to turn historic but dilapidated Howard Theater into an arts venue. Ellis Development expected work to begin by summer, but financing obstacles have left the building unmolested. 

Hilton Gets OK'd (Jan 2) - Lowe Enterprises received approval by the HPRB to renovate the "Hinkley" Hilton hotel and add a large residential tower on the site of its outdoor pool.  Renovation work got underway in the spring, closing the pool, but the condo tower appears far off. 

Work Begins on East-West Apartment Project (Jan 6) Post Properties began work on their 364 apartments in Hyattsville, MD. 

DC's Southwest Fish Market Loses Shacks (Jan 8) Several fish shacks on the waterfront were ordered razed as part of the plans for PN Hoffman to build its massive mixed-use waterfront community nearby, but the project remains a long way off. 

Ft. Totten Promises Development (Jan 14) Mayor Fenty joined Lowe Enterprises to announce the sale of 9 acres at Ft. Totten that will house nearly 900 new apartments, but work is not anticipated in the near future. 

Eckington Convent Gets Moving (Jan 15) In a literal push for affordable housing, Northstar Development tugged a historic convent to a new site to make way for a large, low-income housing project. Neighbors were less than thrilled about yet more affordable housing in the area. 

Montgomery County Votes to Endorse Purple Line (Jan 21) Amid copious argument, county planners said yes to adding a light rail line to the bike trail, enabling construction of the Purple Line from Bethesda to New Carrollton. 

Developers Propose Razing Meads Row (Jan 21) Owners of historic rowhouses on the 1300 block of H Street proposed knocking down the old beauty queens to replace them with a parking lot. Neighbors did not love the idea.

McMillan Sand Filtration Plans Get First Details (Jan 24) Developers chosen to build the crumbling McMillan site showed the public initial designs and ideas they hope will turn the vacant patch into a thriving town center.

Bethesda Post Office To Turn into Mixed-Use Project (Jan 27) The Post Office at 7001 Arlington Road received approval to turn it into a mixed-use development with 105 residences, thanks to Arlington-based Keating Development and KGD Architects, work has not yet begun. 

Eisenhower Ave Towers Approved (Jan 25) Lane Development's 22-story, 4-building complex on Eisenhower Avenue received initial design approval. The county voted June 13th in favor of the project. Much work remains before towers stand alongside the beltway. 

Alexandria Goes Green (Jan 26) - A working group adopted a LEED-certified plan for all buildings in Alexandria requiring special approval. The recommended standards are not binding. 

Auctioning Babe's (Jan 30) - Having kicked out rent-paying tenant Babe's Billiards, Clemens Construction was unable to get support for its years of effort to build a condo, and having paid $7.4m for the site, the wait couldn't last forever. The property was foreclosed, and Douglas Development added the real estate to its portfolio, intending retail, but the space remains vacant. 

Poplar Point Development Abandoned (Jan 31) - The District government and Clark Realty decided developing the 110-acre parcel of prime waterfront space wasn't such a good idea after all, calling the whole thing off.

Institute of Peace Gets Underway on the Mall (Feb 2) The five-story building, now nearly complete, took the place of a parking lot near the Lincoln Memorial. The building was designed by Moshe Safie and Associates, in the hopes of fostering world peace. Meanwhile, world strife continued. 

Kettler Produces Another Crystal City Project (Feb 3) Kettler began the third phase of its 10-building, 8-phase Metropolitan Park Development with a 411-unit apartment building designed by Dorsky Hodgson Parrish Yue

Fitz Condos in Rockville Auctions Remaining Units (Feb 10) Condo developer Elad ended nearly 5 years of marketing on the Fitz condos and sent the remaining 40 units of the 221-unit building to auction. In October, Elad did the same for the Colonnade, its Gaithersburg condo project. 

Metro station at Potomac Yards (Feb 11) Alexandria formally established a working group to explore the technical and practical viability of a metro station at the Yards, in preparation for further real estate development that does not choke area roads. 

Del Ray Apartments Roll Out (Feb 13) Work began turning vacant storefronts into 141 apartment units in the Del Ray section of Alexandria. 

Mixed-Use in College Park (Feb 24) The Mark Vogel Companies got the go-ahead for the Varsity, a 258-unit mixed-use apartment building in College Park. 

JBG Gets OK for Whitman Walker condos (Feb 25) After getting bashed by grumpy neighbors, the ANC, and HPRB for designs that seemed to please no one, JBG Companies and architect Shalom Baranes tweaked the designs to get the green light to build condos on the site of the Whitman Walker clinic on 14th Street.

JBG Plans 4-Star Hotel for U Street (March 2) JBG began plans to build a 250-bed luxury hotel in place of the Rite Aid, on a strip once known for its destruction in the '68 riots. 

Riverfront's Canal Park Steps Forward (March 25) Canal Park, a 3-block park through southeast's Capitol Riverfront, moved closer to reality when OLIN was named as the landscape architect for the project.

DCMud Chosen as Best Real Estate Blog (March 26) CityPaper selects this real estate journal in its annual "Best of DC."  Thank you, and thank you to our readers for all your feedback. 

Smithsonian Designs New Museum (March 30) The Smithsonian unveiled designs for its museum of African American History at 15th and Constitution on the National Mall. The Institute also said its costs had nearly doubled, to $500m. The following month, the Smithsonian announced that the Freelon Group, Adjaye Associates and Davis Brody Bond in association with SmithGroup were chosen to carry out the design. 

Frank Ghery Selected to Design Eisenhower Memorial (April 3) The memorial to the General and President will be built on Independence Avenue, between 4th and 5th Streets. 

District Selects Team to Redevelop SW Site (April 6) DC Selects Potomac Investment Properties, City Partners and Adams Investment Group to build half a million square feet of office and retail, and replace the fire station. 

Towers on the Way for New York Avenue (April 7) Bozzuto said it would soon begin building a 13-story residential building at 460 New York Avenue, and possibly makeover the abandoned warehouse too.

Donohoe Unveils Big Plans for Bethesda (April 16) The developer will build 81,000 s.f. of office, 457 residential units, and retail, on two sites in the Woodmont Triangle of Bethesda. 

Social Safeway Says Goodbye (April 20) The preeminent Georgetown grocer announced it would shut its doors and rebuild from ground up, but will it still be "social"? 

JPI unveils southeast DC apartments (April 22) JPI completed the 421-unit 909 at Capitol Yards, as well as the Axiom and Jefferson, a threesome of large apartment buildings near the new ballpark, bringing life to the "Capitol Riverfront" neighborhood. 

Arlington's First Platinum Residences (April 28) Erkiletion Development wonErkiletion Development, Arlington real estate approval from Arlington for a LEED Gold, 16-story apartment building in Courthouse, a 254-unit apartment designed by the Lessard Group. (see picture at right)

JBG wins approval for Bethesda Row centerpiece (May 5) The Planning Board said yes to Woodmont East, a 250-unit residence and separate office building built around the bike trail. 

High-rise Planned for Downtown Bethesda (May 23) The Clarrett Group announced plans to build an office building on the site of the McDonalds and its parking lot. 

Noma Gets its First Hotel (June 3) The Finvarb Companies and Marriott joined for a new hotel, one of many new Marriotts in the DC area, but the first place to sleep in Noma. 

Floridian Goes South (June 9) Sales at Kady Development's condo project, a bit of South Beach on Florida Ave., were stopped by the bank. 

Room and Board Picks 14th St. for DC (June 10) The retailer added to the growing 14th Street retail corridor. The store should open in the 2nd half of 2010. 

Founders Square Begins Demolition Work in Ballston (June 17) Work begins on the WMATA site that Shooshan will turn into two office towers and a sizable residential building. 

W Comes to DC (June 24) After a few changes in ownership, the Starwood Capital Group purchased the fading Hotel Washington, making it hip once again. 

Eastern Market Reopens (June 25) After a fire gutted the beloved market, the city had a new one built, with improvements to boot. 

JBG Gets Approval for Massive Twinbrook Project (June 29) The developer plans for Twinbrook Station, a 2.2 million square foot complex at the Twinbrook Metro. 

Florida Avenue Gets Jazzed (July 7) Banneker Ventures promised it was partnering with Bank of America to get going on the Florida Avenue project it won from WMATA more than a year ago, but which had not gotten underway; work has not yet begun. 

DC Passes Bill for Convention Center Hotel (July 14) Quadrangle Development is to build the 1100 room Marriott, but JBG protests the selection process, and the site remains a parking lot. 

DC Seeks to Finish Off West End (July 15) The District sought a developer for 3 low-density parcels, anomalies in the now-dense neighborhood. 

Curtain Call for Takoma Theater (Aug 1) Owners of the Takoma Theater promised to bring down the house, literally, to make way for an office building, then a theater, but the community is calling for an encore.Hanover apartment building, Washington DC commercial real estate 

Penn Quarter Gets Luxury Apartment Building (Aug 4) Hanover Co. opened its first DC-area project at Judiciary Square (see picture at right), while building another in Falls Church. 

District Cancels Lincoln Theater Development (Aug 6) Quietly, the District government withdrew its plans to redevelop the back lot, a scheme that would have helped fund the struggling theater.

Arbor Place Returns (Aug 7) Scrapping plans to build as many as 3500 market-rate residential units on outer New York Avenue, Abdo shifts in favor of less than half as many subsidized homes. 

DC Mandates Subsidized Housing (Aug 11) After the Executive Branch slowed the process, the Council finally got its way and forced builders to provide the city with cheap housing for the poor. 

Columbia Pike Lurches Ahead (Aug 20) After seceding from Virginia (bureaucratically), the Pike gets 325 new residences underway at Penrose Square. 

Southwest Towers Foreclosed (Aug 21) Fairfield Residential loses its grasp on The View, a refurbished apartment building in southwest DC, in another foreclosure statistic for the real estate market. 

Montgomery County Gets Taller (Aug 21) JBG caps its 24-story residential tower on Rockville Pike, making it the new tallest residence in Montgomery County. 

St. Elizabeths Team Chosen (Aug 28) The GSA selected Clark, WDG, and HOK to build out the new landlocked Coast Guard Headquarters, in what will be one of the largest construction sites in the District of Columbia. Less than a month later, the Feds broke ground on the site. Noma Stonebridge Carras apartment construction

NoMa Caps Largest Mixed-Use Building (Sept 1) Soon residents will outnumber construction workers in Noma, as StonebridgeCarras and SK&I Architects finish 440 apartments and a hotel, possibly in early 2010. (see picture at left)

A Giant Delay (Oct 1) Street-Works vision for a large mixed-use replacement for the forlorn low-rise Giant on Wisconsin seemed to please no one, but developer Bozzuto plows ahead and discussions move forward. 

Park Morton Team Moves Forward? (Oct 7) Washington DC officials picked the team to build the capacious Georgia Avenue project - now with the Central Union Mission site included. Probably. Someday.

Clarendon's Affordable Housing Breaks Ground (Oct 15) The Views at Clarendon starts work on 116 mixed-income units after a long zoning dispute, going up to the Supreme Court, gets resolved. 

Northwest One Team Selected (Oct 27) The massive project that could transform the area close to the Capitol Building is set in motion, but the Mayor's choice of real estate developer raises eyebrows on the Council. 

Silver Spring Designs Downtown Library (Oct 29) The county releases its plans for the urban repository; the new building will straddle the new Purple Line, someday, when further details are worked out. 

Capitol Hill's Big Dig (Nov 15) CSX says it needs to tear up Virginia Avenue to rebuild the train tracks, just when residents of southeast DC thought construction in the neighborhood was nearly complete.

Bethesda's Parking Quagmire (Dec 2) Montgomery County wantsBethesda parking Stonebridge PN Hoffman construction PN Hoffman and Stonebridge to build 1100 parking spaces below Bethesda Row, but the $80,000-per-space sticker gives some locals road rage. (rendering at right)

Street Cars are Here (Dec 16) At long last, H Street's public transport arrives from Europe, but DC officials say that getting them running in Northeast is another matter.

Thursday, March 26, 2009

DCMud Voted Best Real Estate / Development Blog by CityPaper

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The Washington City Paper today voted DCMud the best real estate / development blog in the DC area in its annual "Best Of" edition. Thanks to the City Paper for its insight on DC, and for voting us the top real estate site. Congratulations to DCMetrocentric for getting the nod for runner-up.

Thursday, January 08, 2009

DC's Development Pipeline in 2009

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Developmentally speaking, 2008 was a big year for the District of Columbia. While it was the annus horribilus for real estate, it did witness the opening of eagerly anticipated projects like CityVista, Union Row, and of course, Nationals Stadium, to name a few, and saw other big ticket developments like the Southwest Waterfront project and The Yards stride further toward realization.

Still, many District-solicited projects await the green light to begin construction, in the process of selecting a team or are still up for grabs. Here's a breakdown of those projects and where they stand for 2009.

Available Proposals:

In one of their more unique offers, the Office of the Deputy Mayor Planning and Economic Development (ODMPED) is currently seeking a developer to take control of a 13.5-acre concrete manufacturing facility at 1515 W Street, NE. The site is currently operated by the District Department of Transportation, which plans to vacate the facility by August. Any new tenant will be required to submit to a ground lease agreement for a minimum of 10 years. Proposals for the “Develop and Operate a Concrete Plant Solicitation” are due by January 9th.

As previously reported, ODMPED is currently seeking a development team to revitalize two long-abandoned properties at 400-414 Eastern Avenue and 6100 Dix Street, NE, in the Deanwood neighborhood. The city government is looking to redevelop the properties into an affordable housing complex with a local retail component. Proposals are due to ODMPED by February 16th.

One of the bigger projects currently on deck with the city government is the redevelopment of several “excess” schools, closed due to recent budget shortfalls and threadbare facilities. These include Backus Middle School, Grimke Elementary School, Hine Junior High School, the Langston School, M.M. Washington High School, the historic 1911 school building of Randle Highlands Elementary School, Rudolph Elementary School, the Slater School, the unoccupied portion of Slowe Elementary School, Stevens Elementary School, and Young Elementary School. The sites will not be put to their former use; any plans will be considered, provided they exhibit a “creative vision for development or reuse” and “an understanding of neighborhood context.” A pre-bid conference will be held January 9th, proposals for the redevelopment of any or all of the facilities are due by February 27th.

ODMPED has also “amended and restated” their solicitation of offers for the Park Morton public housing project redevelopment that had been previously announced in September of last year. Proposals for that project are now also due by February 27th.

Proposals Submitted:

Bidding recently closed on three vacant parcels the District intends to re-appropriate as parking lots: 463 I Street, NW (available for 24 months until construction commences on Donohoe’s Arts at 5th & I project), 2 Patterson Street, NE and 33 K Street, NW (formerly the demolished Temple Courts public housing complex).

Proposals were received in September for two District-owned parcels at Fourth/Sixth and E Streets, SW – one piece of which is intended to house the Metropolitan Police Department’s new Consolidated Forensic Laboratory.

An announcement is anticipated soon regarding proposals submitted in October for the Hill East Waterfront/Reservation 13 project, which is intended to include more than 5 million square feet of mixed-use development and an extension of Massachusetts Avenue, SE – the latter of which is already underway. As of November, the District had narrowed down the contenders to competing four development teams.

The so-called “Lincoln Lots” – two V Street, NW parcels adjoining Shaw’s historic Lincoln Theatre – were also the subject of an RFP that closed this past September. ODMPED was seeking “developers to assist in repositioning real estate associated with the [theatre] to complement and benefit the ongoing operation of the Lincoln.”

Development Partners Selected:

Of the projects solicited by ODMPED over the past year, the majority have already been snatched up by development teams. These include Blue Skye Development, in concert with the Mayor’s New Communities Initiative, for an abandoned apartment complex at 4427 Hayes Street, NE; Donatelli Development and Mosaic Urban Partners for two parcels at 3813-3815 and 3825-3829 Georgia Avenue, NW; Blue Skye Development and the Educational Organization for United Latin Americans for the abandoned Tewkesbury building at 6425 14th Street, NW; Argos Group for two District-owned Capitol Hill properties at 525 Ninth Street, NE and 1341 Maryland Avenue, NE (aka Old Engine House 10); Donohoe Companies for the Arts at 5th & I project in the Mount Vernon Triangle; Donatelli Development and Blue Skye Development for the $108 million mixed-use project adjoining the Metro station at Minnesota Avenue and Benning Road, NE; the William C. Smith & Co., Jair Lynch Companies, Banneker Ventures LLC and CPDC for the $700 million, 1600 unit Northwest One New Community that also includes retail, office and medical components; Clark Realty for the massive, $2.5 billion redevelopment of Southeast’s Poplar Point community; and, lastly, Washington Community Development Corporation and Banneker Ventures, LLC for the transformation of Deanwood’s dilapidated Strand Theatre into a mixed-use retail and office complex.

Friday, April 18, 2008

U Street Hotel in the Future?

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Trendy and quirky U Street, which has seen a spate of residential development of late, may get a hotel in the not too distant future. The plan, brought before the Cardozo-Shaw Neighborhood Association last week by JBG Companies, proposed developing the strip mall that currently houses the Rite Aid, a nail salon and dollar store, into a 10-story multi-use development.

Though in its very early stages and likely to evolve, the vision is to replace the current strip mall across the street from the Ellington Apartments, replacing it with a single building that would house underground parking, retail on the ground floor, a boutique hotel on floors 3-8, and possibly capped by two floors of residential to max out the density. The existing strip mall takes up most of the block on the south side of the 1300 block of U Street. The area falls within a historic protection zone, but no historic building would be affected.

With neighbors apparently in favor of supplanting the current retail, the largest obstacle, financing notwithstanding, will be to change the underlying zoning, which does not now allow for density sufficient to support this project. Phil Spalding, Commissioner for ANC 1B, says the development has local support, and that there will be "a strong push for retail to animate the street," speculating that some of the current retail could reopen in the new space, though stressing that the plans will likely see "another 9 or 10 redrawings" before construction could begin. Renderings are not yet available, but Spalding describes the current iteration as 'classical.'

Tuesday, February 05, 2008

Logan Circle Condo Begins Sales Today

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DC Hampton, LLC is unveiling its newest addition to the DC condominium market today - the Citta 50 condos at 1450 Church Street NW. Now about 50% complete, developer Andrew Economakis began sales today, and anticipates completion at the end of this year. The 27-unit building is priced from $350,000 for a one-bedroom unit to about $1.15 million for the 2-story, 1,700-s.f. penthouse.


DC's Bonstra Haresign Architects started designing the building back in 2005, having to go through both Historic Preservation Review Board and Board of Zoning Adjustment approval processes. HPRB had jurisdiction because the condo incorporates the historic, 3-story building by John A. Lankford building (on the bottom left of the above diagram) - the architect behind the well known True Reformer Building at 12th & U Streets. The building had functioned as a coal distribution facility almost 100 years ago. Bonstra Haresign incorporated Lankford's structure into the 7- story, 34,700-s.f. project, surrounding and above the existing historic building.

"We are excited about the design of this project as a surprisingly contemporary building incorporating a retained historic structure. A lively composition of masonry and glass forms create a 'collage' of building elements seemingly built over a period of time. The building is topped by an oval shaped rooftop 'beacon' of translucent poly-carbonate that will glow at night" said partner Bill Bonstra.

The building, when complete, will sit on one of DC's few true industrial streets, lined with auto repair garages and warehouses, now converted to swank condos, such as PN Hoffman's Metro and Metropolis Development's The Metropole, both of which flank the newcomer. Look out Georgetown - Logan is quickly becoming the place to be for the hip, the cool....the funkay (insert a James Brown-esque 'Ow' as needed).

"I fell in love with [Church] street - it's just an amazing niche, off-beat street. It was a very industrial area, but with this building we've kept it very modern and industrial looking, and added a personal touch. That's one thing I like about this building, it's designed nicely, it's very modern. It was really cool the way Bill (Bonstra) blended together the modern and historic aspects," said Economakis, Owner and Managing Member of DC Hampton.
 

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