Rabu, 01 Agustus 2012
New Project to Add to H Street Corridor
Thanks to small and not-so-small developments along H Street, the once troubled area is enjoying a renaissance and rejuvenation. 301 H Street, NE is the site of the newest project along the H Street corridor. Located across the street from completed Senate Square and 360° H Street - Steuart Investment Company's project to build a Giant supermarket and apartments now underway (pictured, below) - 301 H Street is a smaller piece of the development puzzle.
The original lot, pictured above, has 5000 s.f. available for multi-family and retail. Capital City Real Estate shared that although they are still in the permitting and design phase, they plan a mixed-use building with 20-plus condominium units and ground floor retail and/or commercial space. They may also build commercial units available on the second floor and basement. Permits have been submitted to DCRA detailing the project plans. According to Anthony Bozzi, of CCRE's brokerage company, "the project is still so new and delivery is at least a year out."
Washington D.C. real estate development news
Your Next Place
This house has a rooftop pool. Not the cleverest opener, I admit, but I feel like we can agree that this fact deserves top billing. I'd live in a hospital for the criminally insane if it had a rooftop pool. I'd even live with my parents if they had a rooftop pool. (Which is sort of another way of saying I'd live in a hospital for the criminally insane. Though perhaps that's a tad unfair - hospital for the criminally annoying, maybe.)
But even aside from the rooftop pool, this house is one-in-a-million. Originally two carriage houses, they've been combined into a spectacular, yawning, four-bedroom, five-bathroom living space. The atrium-like living room is an incredible two stories tall; if you think the silence between you and your significant other during commercial breaks is awkward now, in your normal apartment, just wait until you live here. The awkwardness will grow to epic proportions!
The dining room and kitchen also sport 20+ foot ceilings, as well as all the high-end finishes you'd expect from a house of this caliber; recessed lighting, stainless steel appliances, hardwood floors, magical phone booth. Yes, you read that right. There's a bright red British-style phone booth that magically moves up and down between levels, ie. an elevator, if you insist on being all boring and unmagical about things. Think of it this way, you'd definitely be the only one of your friends who had a whimsical elevator, unless you're friends with, like, Willy Wonka.
There are three decks up top (yes, three), and each of the four bedrooms features an en-suite bathroom; just a short drunken crawl from toilet to bed! (Or, since no one else shares your bathroom, just collapse right there on the bathroom floor and sleep it off. Just try to slide a towel under your face as you lose consciousness, or you'll have the tile-grid imprinted on your cheek the next morning, and everyone at brunch will ridicule you when you claim that it's "just eczema." I speak here from experience.)
2220 Q Street NW
4 Bedrooms, 5 Baths
$3,999,500
But even aside from the rooftop pool, this house is one-in-a-million. Originally two carriage houses, they've been combined into a spectacular, yawning, four-bedroom, five-bathroom living space. The atrium-like living room is an incredible two stories tall; if you think the silence between you and your significant other during commercial breaks is awkward now, in your normal apartment, just wait until you live here. The awkwardness will grow to epic proportions!
The dining room and kitchen also sport 20+ foot ceilings, as well as all the high-end finishes you'd expect from a house of this caliber; recessed lighting, stainless steel appliances, hardwood floors, magical phone booth. Yes, you read that right. There's a bright red British-style phone booth that magically moves up and down between levels, ie. an elevator, if you insist on being all boring and unmagical about things. Think of it this way, you'd definitely be the only one of your friends who had a whimsical elevator, unless you're friends with, like, Willy Wonka.
There are three decks up top (yes, three), and each of the four bedrooms features an en-suite bathroom; just a short drunken crawl from toilet to bed! (Or, since no one else shares your bathroom, just collapse right there on the bathroom floor and sleep it off. Just try to slide a towel under your face as you lose consciousness, or you'll have the tile-grid imprinted on your cheek the next morning, and everyone at brunch will ridicule you when you claim that it's "just eczema." I speak here from experience.)
2220 Q Street NW
4 Bedrooms, 5 Baths
$3,999,500
Selasa, 31 Juli 2012
Today in Pictures - St. Elizabeths
After nearly a century of being vacant, the District government opened the east side of St. Elizabeths to the public this weekend. While construction on the federally-owned west side continues in anticipation of a new home for multiple agencies, the District is still creating a plan for what to do with their half - 183 acres with some of the most notable vistas and architecture in the city - which the federal government turned over to the city 25 years ago. DC's portion still holds patients like John Hinckley Jr., though far fewer patients than the thousands that filled the asylum in the last century.
Washington D.C. real estate development news
Washington D.C. real estate development news
Senin, 30 Juli 2012
The Ground Floor
Beau Thai, a Thai restaurant, will open a second DC location at 3162 Mt. Pleasant St. in the Mt. Pleasant neighborhood. The restaurant is taking over the interim library location.
Unleashed by Petco, the smaller, more unique version of Petco, is opening it's second store in the District at 1200 First St, NE. The proposed start date for the project is late August.
The new Southeast Asian restaurant from restauranteur Mark Kuller, owner of Proof and Estadio, has a name: Quan. Grizform Design Architects has been awarded the contract to design the interior. Details are scarce but the interior will have a "clean Asian feel."
Mayfair & Pine, a gastro pub, has opened in the old Town Hall space in Glover Park. The husband/wife chef team of Emily Sprissler (a contestant on Top Chef season 2) and Jason Cote will head the kitchen.
Jen Angotti is a DCRE agent licensed in DC and VA. She also writes Concrete Jungle DC, a blog about real estate and design.
Unleashed by Petco, the smaller, more unique version of Petco, is opening it's second store in the District at 1200 First St, NE. The proposed start date for the project is late August.
The new Southeast Asian restaurant from restauranteur Mark Kuller, owner of Proof and Estadio, has a name: Quan. Grizform Design Architects has been awarded the contract to design the interior. Details are scarce but the interior will have a "clean Asian feel."
Mayfair & Pine, a gastro pub, has opened in the old Town Hall space in Glover Park. The husband/wife chef team of Emily Sprissler (a contestant on Top Chef season 2) and Jason Cote will head the kitchen.
Jen Angotti is a DCRE agent licensed in DC and VA. She also writes Concrete Jungle DC, a blog about real estate and design.
Sabtu, 28 Juli 2012
Union Station Master Plan Released
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| Train shed looking southwest, Image courtesy of Amtrak |
Under the Union Station Redeveloment Corporation, Union Station is already undergoing a renovation of its Grand Hall.
In a move officials acknowledged was belated, they said the plan would help the nation's capital catch up with other parts of the world with high-speed rail service. The plan, they said, would eventually triple the station's passenger capacity and double the train service over the next 20 years. The plan goes hand in hand with plans for a 1.5 billion dollar project by Akridge development, Amtrak's private partner in the project, to develop the air rights over the train tracks into a $1.5 billion mixed-use project called Burnham Place.
Amtrak and Akridge, Amtrak's private partner on the project, released the master plan this week in a press conference attended by city glitterati, including embattled mayor Vincent Gray.
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| Greenway looking north along 1st Street, Image: Akridge |
Burhnam Place, named after Union Station's original architect Daniel Burnham, is part of Amtrak's master plan, and will be developed by Akridge and architectural firm Shalom Baranes. Developers plan, over the next 15 years, to build a 3-million square-foot mixed use development over the train tracks.
In 2006, Akridge purchased the air rights to a total of 15 acres over the Union Station rail yard. The $10 million dollar sale marked the first sale of air rights by the federal government. As reported by DCMud, the conceptual construction plan began to move solidly forward and Shalom Baranes was selected as the architect in 2008.
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| Interior view of the train shed, Image courtesy of Amtrak |
The plan envisions 500 hotel rooms, 100,000 square feet of retail, and 1,300 residential units built on a concrete platform over the tracks and supported columns placed throughout the rail yard. Akridge went through years of technical negotiations with Amtrak before deciding on a construction plan, and the Smart Growth Alliance and Urban Land Institute (ULI) have both voiced support for the project.
Developers emphasize that the project will feature elements that enhance public space and amenities. One such feature includes a 1.5 mile elevated greenway with a bike lane along the west side of the station that will link the NoMa neighborhoods with Union Station and the Metro and connect to the Metropolitan Branch Trail.
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| Historic control tower into restaurant, Courtesy: Akridge |
Plans also call for a "grand plaza" fronting both sides of H Street that will lead into a brand new Train Hall in what developers say will be "a grand northern entrance to Union Station."
The plan also calls for pedestrian connections with adjoining neighborhoods, a new entrance near First and K Streets, NE, and a plan to turn the K Tower - a control tower - into a restaurant.
Will office workers and urban sky dwellers feel the rumbling of high-speed trains below them? That remains to be seen. What is certain is that the plan makes an ambitious promises to bring more natural light into Union Station, even while building above it.
Plan overview. Image Courtesy of Akridge. Blue represents office space, Beige is residential, Green / yellow is naturally lit space, and Brown is hotel space. Red circles are vertical connections, Red arrows are station entrances. |
Kamis, 26 Juli 2012
Your Next Place
Located in a boutique building just a block west of Dupont Circle, this two-level gem has it all. An amphitheaterlike open foyer, a floating staircase, hardwood floors, a fireplace, and a massive two-story exposed brick wall. You enter onto the bedroom level, and the living room, dining room and kitchen are below; this is definitely a one-of-a-kind living space, and if I may be so bold, a prime candidate for a fireman's pole. This level has beautiful hardwood floors and an awesome fireplace. If you move into this place, when it gets cold you should get some of those synthetic logs that burn bright pink because, well, this is America.
The recently-updated kitchen boasts a silestone counter and a stone tile floor, as well as top-notch appliances and finishes. There's acres of counterspace and a ton of cupboards to fill with food that, no matter what it is, will be utterly unappealing when you come home drunk at 3 in the morning. The master bedroom features more exposed brick, and some really cool concealed track lighting; I'd say it was totally masterful, but that would be too obvious. (It's totally masterful.)
As an added perk, there's a 6.1 surround sound home theater system, so you can experience terrible movies in even greater intensity, and the kitchen is also wired with built-in speakers, so when your significant other is like, "you know, there's no law that says you have to finish a burrito in one sitting," you can quickly reach over and drown them out in midsentence with your music. Can't put a price on that.
2007 O Street NW #105
2 Bedrooms, 1 Bath
$499,000
Rabu, 25 Juli 2012
Victory Square senior community opens in Parkside
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| Victory Square - Photo courtesy of Communi-k |
City Interests charts a course for growth for the site near the Minnesota Avenue Metro Station. The neighborhood, home to 5,700 residents and described as poor and isolated by the Urban Institute, has seen an influx of planning and educational grants in recent years. Greater, Greater Washington this year called the Parkside neighborhood a "place to watch".
Parkside Master Plan developers say the Master Plan foresees a "major transit-oriented development, slated to bring homes, services, jobs and educational opportunity to D.C.'s Ward 7." City Interests gained approval for Stage 1 of the planned unit development (PUD) in 2007, and Stage 2 gained approval in 2011. The plan calls for 1,500 to 2,000 residential units, up to 50,000 s.f. of retail space, and 500,000 to 750,000 s.f. of office space.
In 2010 the Zoning Commission rejected a bid by developers to delay first stage construction of the project, putting pressure on developers to push forward with the first stage of the project, which includes the Victory Square apartment community, or lose approvals.
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| Victory Square Interior with view of Nevel Thomas Elementary School |
The contemporary design includes a fitness room, an arts and crafts room, an on-site beauty salon. It also has a wellness room where seniors will have access to wellness screenings, such as consultations with health professionals.
"It's been a long time in the making," Maurice Perry, senior vice president with BACDC, told DCMud. Perry oversaw and managed the development of and financing process for Victory Square. "The rents in our property are relatively inexpensive compared to other apartments," Perry said of the units which are not public housing, and not paid for by housing authorities. Rents range from $775 for a one-bedroom to $960 for a two-bedroom apartment. Units range in size from 600 to 750 square feet. Although the apartments have been open for less than two months, Perry said the units are now 62 percent leased.
Perry said the community was completed in affiliation with Victory Housing, Inc., an affiliate of the Archdiocese of DC. "They do a lot of affordable housing and they will be the long-term owner of the property," Perry told DCMud.
In addition to adding to the housing options for residents of Ward 7, Perry also thought the housing project signaled good things to come for the neighborhood. "It's a great neighborhood, residents are really involved, they care about the community, and have a lot of potential."
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| Victory Square Community Room |
Other residential units with groundbreakings this summer include Metro Homes at Parkside, an 83-townhome developed by Enterprise and the family of Abe Pollin, and Parkside Townhouses, a complex of 100 market-rate townhouses developed by City Interests.
Also slated for groundbreaking this summer is "Park 7", a mixed-use development including 376 apartments developed by Donatelli Development. Other retail in the Parkside Master Plan includes Ray's the Steaks At East River, which opened in fall 2008, and the renovation of a Safeway, completed in 2009.
The Parkside Master Plan also foresees offices and health facilities. It already includes the 227,000 square foot headquarters for the DC Department of Employment, with 700 employees, which was completed in 2010. A groundbreaking is planned this summer for the DC Primary Care Association, a 43,000 s.f. primary care facility owned and operated by Unity Health, according to project developers.
Victory Square was built using tax exempt bond financing in the form of a construction loans from Bank of America, the DC Housing Authority, the District's Department of Housing and Community Development and tax-exempt bond financing from Bank of America. The project also received Federal stimulus dollars by way of the DC Housing Production Trust Fund. The National Equity Fund provided $4.85 million in low-income housing tax credit equity proceeds.
Victory Square was built using tax exempt bond financing in the form of a construction loans from Bank of America, the DC Housing Authority, the District's Department of Housing and Community Development and tax-exempt bond financing from Bank of America. The project also received Federal stimulus dollars by way of the DC Housing Production Trust Fund. The National Equity Fund provided $4.85 million in low-income housing tax credit equity proceeds.
Victory Square is located at 600 Barnes St., NE. The ribbon cutting will be held July 26 at 10:00 a.m. The community is located between the Minnesota Avenue Metro Station and the Anacostia waterfront, in northeast DC.
Washington D.C. real estate development news
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