And in other big development news – Shaw’s Parcel 42 [1707 7th Street NW] has selected Shaw 42 Developers, LLC to develop the lot. From ANC Commissioner Kevin Chappel:
The Deputy Mayor for Planning and Economic Development (DMPED) has select the Shaw 42 Developers, LLC, a joint venture between TenSquare and the Chapman Development Group to develop Parcel 42. The Shaw 42 Developers’ proposal was most attractive to DMPED because they were the only developers to offer the city a 99 year ground lease, which means after 99 years, the land and the building on Parcel 42 will revert back to the ownership and control of the city government unless and new lease is negotiated and agreed to by the city and the developers.
The proposal detailed the plans:
Shaw 42 Developers proposes 7 floors of approximately 15 residential units each, totaling 105 apartment housing units. In accordance with industry best practices, the 21 units dedicated to affordable housing will be evenly distributed throughout the building on all floors and among all unit types. These units will be available solely to households having annual incomes at or below 50% of Area Median Income (AMI). These market rate households will join the new residents of Progression Place and CityMarket at O in patronizing local small businesses and revitalizing the 7th Street corridor in Shaw. The development program includes the construction of 104,604 gross sq ft, directly across from a Metro Station. The net leasable square footage is 78,239 sq ft of residential space. The development program is supported by up to 114 parking spaces available for both the residential and retail uses. The total development budget for the conceived project is more than $37,000,000 and requires no cash subsidy from the District. The affordable housing component is funded by the sale of 4% Low Income Housing Tax Credits and the land value generated by the market rate uses.
Ed. Note: This is the parcel that became a tent camp back in July 2010.
Recent Stories
3212 Georgia Avenue NW courtesy St. Vincent From an email: “Wine Wednesdays at St. Vincent Wine: 5 – 7 PM each Wednesday (guests can come anytime during that window); Guided…
Thanks to Shana for sending:
Photo by Tim Brown Ed. Note: If this was you, please email [email protected] so I can put you in touch with OP. “Dear PoPville, Thursday night (April 18th) we were…
“Pitty Paws in Trinidad” If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’ in the title and say the name…
For many remote workers, a messy home is distracting.
You’re getting pulled into meetings, and your unread emails keep ticking up. But you can’t focus because pet hair tumbleweeds keep floating across the floor, your desk has a fine layer of dust and you keep your video off in meetings so no one sees the chaos behind you.
It’s no secret a dirty home is distracting and even adds stress to your life. And who has the energy to clean after work? That’s why it’s smart to enlist the help of professionals, like Well-Paid Maids.
Unlock Peace of Mind for Your Family! Join our FREE Estate Planning Webinar for Parents.
🗓️ Date: April 25, 2024
🕗 Time: 8:00 p.m.
Metropolitan Beer Trail Passport
The Metropolitan Beer Trail free passport links 11 of Washington, DC’s most popular local craft breweries and bars. Starting on April 27 – December 31, 2024, Metropolitan Beer Trail passport holders will earn 100 points when checking in at the
DC Day of Archaeology Festival
The annual DC Day of Archaeology Festival gathers archaeologists from Washington, DC, Maryland, and Virginia together to talk about our local history and heritage. Talk to archaeologists in person and learn more about archaeological science and the past of our
