Showroom 1412, a collaboration between Lori Graham of Lori Graham Design, Lauren Gentile of Contemporary Wing art gallery and mid-century furniture dealer Mike Johnston of Sixteen Fifty Nine by MJR, has opened at 1412 14th St, NW in Logan Circle. It's a one stop shop featuring custom furniture, interior design services, contemporary art and vintage furniture.
Mossimo Dutti, a new, upscale clothing store from the creators of Zara, is opening their second U.S. location in Georgetown at 1220 Wisconsin Ave, NW.
John Fleuvog Shoes, maker of funky shoes, will open a store at 1265 Wisconsin Ave, NW.
Suitsupply, a Dutch custom suit company, is opening at 2800 Pennsylvania, Ave, NW at the end of July. The 5,400 s.f. store will offer well made suits and shirts plus foot ware and accessories.
Mego Inc. has opened at 1419 Wisconsin Ave. in Georgetown in the space formerly occupied by Jan's. The upscale retailer sells upscale clothing predominantly made of cashmere.
Jen Angotti is a DCRE realtor licensed in DC and VA. She also writes Concrete Jungle DC, a blog about real estate and design.
Jumat, 20 Juli 2012
Kamis, 19 Juli 2012
City Awards Unoccupied Brightwood School to Washington Latin Charter School
| The Rudolph School building in Brightwood / Fort Totten |
Washington Latin, which is going into its sixth year, features a classical curriculum and Latin language education starting in the 5th grade. The school also has a full athletic program, and also teaches the modern languages Arabic, French, and Chinese. Washington Latin currently occupies three buildings on 16th Street, but plans to spend $15 million to occupy the 84,000 square foot former Rudolph School facility in Brightwood by August, 2013. Mark Lerner, president of the Washington Latin board of governors, said Washington Latin would finance the restoration with a commercial loan, and then repay it with the facility allotment that charter schools receive from the District.
| Future home of Washington Latin, which has an athletic program |
Lerner said Washington Latin started in 2006 with 179 but that the school now served 600 students from all eight wards of the District in grades 5-12. The school offers bus pickups for students in Ward 3, where the school first began in 2006, and at Union Station.
| The Rudolph School closed in 2008 due to low enrollment |
Deputy Mayor for Education De'Shawn Wright wrote in a press release, "Ultimately, the panel recommended Washington Latin based on a strong performance record and an exciting proposal for reusing the building."
Washington D.C. real estate development news
Today in Pictures - Progression Place
Progression
Place may be only one of numerous projects underway in Shaw, but it will be one of the first large development to be completed. Developers began work in 2010 on with 100,000 s.f. of office space, a 205-unit residential apartment building, and 20,000 square feet of street-level retail. The project was designed by architects Eric Colbert & Associates and Devrouax + Purnell, and built by Davis Construction. 
Ellis Development, The Jarvis Company, and Four Points combined forces to build the project above the Shaw Metro station.
Morning Real Estate Review
U.S. builders start most new homes since 2008 (Independent Mail) The Commerce Department released information that housing starts on single family homes and apartments grew 6.9% in June, the largest number since October of 2008.
Host Hotels buys Grand Hyatt in downtown DC (USA Today) The 888 room hotel has reportedly sold for $400m, in a deal that will close by the end of the month.
World Trade Center Signs GSA Lease (The Real Deal) The 230,000 s.f. lease for the federal government pushes the building past the 50% leased mark.
JBG Rosenfeld and Bozzuto close on Gaithersburg project (Wall Street Journal) The development giants have purchased 20 acres of land at Downtown Crown to build 260,000 s.f. of retail by JBGR and 538 apartments units by Bozzuto.
Host Hotels buys Grand Hyatt in downtown DC (USA Today) The 888 room hotel has reportedly sold for $400m, in a deal that will close by the end of the month.
World Trade Center Signs GSA Lease (The Real Deal) The 230,000 s.f. lease for the federal government pushes the building past the 50% leased mark.
JBG Rosenfeld and Bozzuto close on Gaithersburg project (Wall Street Journal) The development giants have purchased 20 acres of land at Downtown Crown to build 260,000 s.f. of retail by JBGR and 538 apartments units by Bozzuto.
Rabu, 18 Juli 2012
West End Hotel Ready to Start Construction
![]() |
| The future Hilton Garden Inn in DC's West End |
If the deal closes today and construction moves forward in a few weeks as developers expect, deep-rooted weeds on the prominent corner in DC's West End neighborhood may soon be gone, salving neighbors' ire.
Turner Construction will be the general contractor on the project, Oakes said. OTO, based in Spartanburg, SC, is one of the three developers partnering to build the West End Hilton Garden Inn, a partnership which also includes Starwood Capital Group and Perseus Realty, LLC. Also Wednesday, the three partners were due to close on a deal consummating their joint venture agreement.
Shalom Baranes of Georgetown is architectural firm designing the terracotta and brick, 10-story, 237-room hotel, which will feature a second-floor, landscaped courtyard, meeting rooms, a rooftop garden and pool and a green roof, according to a project architect.
| The corner of 2nd and M has been an empty lot for years |
![]() |
| Developers abandoned plans for this "eco-luxury" hotel |
Years passed. The lot sat empty, but D.C. wasn't the only place so-called "eco-luxury" hotels, envisioned to cater to a niche market of über-wealthy lovers of greenness and light, weren't sprouting. According to HotelChatter.com, Starwood's plans for a 1 Hotel in Seattle were withering too, along with the economy. Starwood started excavations for a 1 Hotel in Seattle, but later re-filled the hole and the lot reverted to a parking lot when it couldn't secure financing for the project, according to the Seattle Times.
Then, sometime between the nadir of the financial crisis and the birth of Occupy Wall Street, developers decided to change course on plans for 22nd and M after Perseus contacted more than 40 lenders, all of whom declined to finance the West End 1 Hotel project.
In 2011, developers sought permission to modify the site plans and instead of a boutique eco-luxury creation, they announced plans for a Hilton Garden Inn (a brand categorized as upscale mid-priced) with 237 rooms. The new incarnation now included Shalom Baranes as the architect, and OTO Development, a hotel development company based in Spartanburg, South Carolina, as a third development partner. Changes included a redesign of the exterior façades, an increase in the number of rooms and a three-foot reduction in height to 107 feet, and 53 parking spaces in a valet-operated garage. There were neighbors who balked.
![]() |
| Plans for the Hilton Garden Inn at 22nd and M, West End, DC |
But if hotel site plan changes sparked West End fears of fanny packs, site developers and project architects maintain there is no need to fret about that. "This is very much upscale for the Hilton Garden Inn brand," lead project architect Patrick Burkhart said.
Burkhart said the hotel would feature a second-floor, landscaped terrace with outdoor seating areas, and a lobby with a fireplace, monumental staircase, and a water feature with plants cascading from the second-level terrace. The hotel will also feature a ground-floor restaurant and bar with indoor-outdoor seating opening onto the street on the corner of 22nd and M. Burkhart said the hotel marks a move by the Hilton Garden Inn brand into more urban areas, including D.C. where he said it would be the District's third.
![]() |
| West End Hilton Garden Inn, Washington, DC |
At least some of those people may soon be destined for 22nd and M. Lucky for the West End, even fanny packs can be luxurious too.
Morning Real Estate Review
Silver Line Marks Milestone (Transportation Nation) Builders of the Silver Line to Dulles Airport put in place the final span of the bridges that will carry the rail through its first phase of construction, expected to complete in late 2013.
"For Sale By Owner" founder resorts to using broker to sell his home (Daily Mail) Online market spent 6 months trying to sell his $2m New York City flat through his website, then gave in and hired a real estate agent who got above asking price.
Council Member Graham's Heavy Hand in Metro Award (Washington Times) Graham improperly used his office to steer Metro development project to a donor.
Mortgage Rates Hold Steady at All Time Lows (Mortgage News Daily) While the stock markets have been moving and Bernanke has begun his testimony before Congress, rates are staying stable.
Number of borrowers falling Behind on Payments Flattens Out (HousingWire) After dropping earlier this year, borrowers falling behind on mortgages rose to 2.5% in June, as Bernanke calls progress in housing market "frustratingly slow."
"For Sale By Owner" founder resorts to using broker to sell his home (Daily Mail) Online market spent 6 months trying to sell his $2m New York City flat through his website, then gave in and hired a real estate agent who got above asking price.
Council Member Graham's Heavy Hand in Metro Award (Washington Times) Graham improperly used his office to steer Metro development project to a donor.
Mortgage Rates Hold Steady at All Time Lows (Mortgage News Daily) While the stock markets have been moving and Bernanke has begun his testimony before Congress, rates are staying stable.
Number of borrowers falling Behind on Payments Flattens Out (HousingWire) After dropping earlier this year, borrowers falling behind on mortgages rose to 2.5% in June, as Bernanke calls progress in housing market "frustratingly slow."
Senin, 16 Juli 2012
Today in Pictures - Francis A. Gregory Library
Washington D.C. real estate development news
Langganan:
Postingan (Atom)



























