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Selasa, 13 November 2012

Bigger, Greener: Skyland Files Another Zoning Amendment

Skyland - the very name implies the ever distant horizon - is back for another zoning review to fully entitle the project, this time to fit Walmart into the equation.

The most recent change regarding the large ‘town center’ complex is a PUD amendment that was submitted late last week by the development team behind the project. The original PUD was approved by the Office of Zoning in September 2010, but that was before Walmart signed on as the development’s anchor store last fall. The inclusion of the mega-retailer necessitated a number of changes to the plan—though nothing particularly substantive, according to the application. “The proposed PUD modification application is NOT proposing significant changes to the approved PUD project,” reads the document.

That means the development will continue to include 450-500 residential units, some of which will be townhomes and/or affordable housing, and retail space will increase only slightly, from 311,000 s.f. to 342,000 total s.f.

The most serious change appears to be a decrease in the number of parking spaces needed. The total number will be down by about 300 “which meets one of the Office of Planning’s goals,” Matt Ritz, a vice president at William C. Smith &. Company, pointed out.  Smith is one of the members of the development team, along with The Rappaport Companies, Harrison Malone Development, the Marshall Heights Community Development Organization, and the Washington East Foundation.

Other changes include lowering the height of parts of the building Walmart will occupy, slightly reducing the number of townhouses, and topping a section of the project with solar panels and a green roof, rather than with a final layer of parking as originally planned.

The revamped development should include slightly more green space, and the application hints at more ‘green’ elements to come: “Walmart has several sustainable goals for this project which will be achieved by the following features: use of water efficient faucets and toilets; implementation of an energy management system; high-efficiency HVAC design; LED lighting; sun shading devices on the roof; and a construction waste stream management program."

Ritz is hoping the project will get a hearing with the Zoning Commission before the end of the year and a public hearing sometime around March 2013. But it’s all up in the air. “The dates are with a grain of salt,” he said. “It’s all contingent on the Zoning Commission.” And the company is still a very long way from soliciting construction bids.

Still, as slowly as it’s going, there is definitely movement occurring at Skyland. In September, the city celebrated the start of a demolition process of some of the buildings in the existing shopping center. And of seven legal cases that were pending in early 2011 - all linked to the city's use of eminent domain on the project--only one is still unresolved.

Washington, D.C., real estate development news

Senin, 17 September 2012

Today in Pictures - Canal Park

Work on southeast DC's Canal Park is nearing the final stage, District of Columbia residents will soon be enjoying a new park near the Anacostia waterfront.  The project got underway in February of 2011, shepherded by the Canal Park Development Association

The 3 acres of landscaping take up 3 city blocks just north of the ballpark, and will offer "a stunning urban park on the site of the historic Washington Canal" with a large pavilion/restaurant (LEED certified) designed by Studios Architecture and two smaller pavilions, 2 large fountains, wintertime ice skating rink, rain garden, multiple lawn spaces, an electric car charging station, and bicycle racks.  Philadelphia-based OLIN is the landscape architect.

The federal government owns the land in arrangement that gives control to the District, which in turn has a 20-year agreement with the Canal Park Development Association to develop and manage the land.














Senin, 13 Agustus 2012

District Issues New Development Rights Near Stadium, Buzzard Point

The DC government today issued a request for proposals for up to 300,000 s.f. of development rights near the ballpark and Buzzard Point, inviting developers to bid on land within the "Capitol Gateway" overlay areas of southwest and southeast DC.

The District of Columbia, through the Office of the Deputy Mayor for Planning and Economic Development (DMPED), is putting development rights up for bid in the form of Combined Lot Development rights - additional square footage for landholders within the overlay.  The areas are designated for mixed use development, under the current regime developers are able to combine two lots and transfer density between them.  The initiative unveiled today adds an additional 300,000 s.f. of development rights within the zone, increasing the density within the high-growth corridor that lines the Anacostia waterfront.

The Request for Expressions of Interest was issued in an 8-page publication - a more streamlined version than past requests, reducing the technical compliance burden on developers. Responses to the request are due August 31st.

Washington D.C. real estate development news

Rabu, 20 Juni 2012

Lumber Shed Construction at the Yards Begins this Week

Construction begins this week on the Lumber Shed, an adaptive reuse component that will become the retail centerpiece of the Yards, a Forest City project. The Shed is set to be completed in the third quarter of 2013, according to a press release.

The Yards, which is one of the largest projects in Southeast D.C., has been named the best new public space by City Paper. Seven restaurants and a Harris Teeter were announced this past year in the boilermaker shops, and recently, the Alatmarea Restaurant Group of New York City announced a new Osteria Morini restaurant to open in The Yards in summer 2013.

The area was formerly the Navy Yard Annex then the Naval Gun Factory. Forest City Washington received the chance to redevelop the 42-acre riverfront property site in 2004, and construction began on several parcels within the yards in 2007.

When finished, the Yards will be a 5.5 million s.f. development, completed during three phases during the next 10 to 20 years.

The Lumber Shed - formerly owning up to its name - is located on the edge of the Yards park overlooking the Anacostia River.  The Shed will be a 30,000 s.f., two-level, retail, glass pavilion, which will temporarily house Forest City’s offices on the second floor and include five restaurants.

The inclusion of Osteria Morini and Forest City’s offices means the building is 60 percent leased.

Washington D.C. real estate development news