Development

Whoa, 7-Eleven, Foot Locker Building etc. For Sale on H Street, NE

By Prince Of Petworth


775-799 H St NE via loopnet

Thanks to Doug for sending from loopnet:

“6,001 SF Retail Building Offered at $5,000,000 at a 5% Cap Rate in Washington, DC

775-779 H Street is located in zone NC-16..The NC-16 zone is intended to permit mixed-use development at a moderate-density with an emphasis on the provision of retail uses. The purposes of the Retail Sub-district are to: Encourage retail uses and a scale of development and a mixture of building uses that is generally compatible in scale with existing buildings. (more…)

“3 million sq ft of private, non-academic development” Coming to Howard University Hospital Grounds?

By Prince Of Petworth


2000 block of Georgia Ave, NW

“Dear PoPville,

Heard Howard announced at the civic meeting on Monday that they are closing the current hospital, moving it elsewhere on campus, and redeveloping the 3M sqft into private, non-academic use. Saw it on twitter from @EricFidler

Do you have any more news? Timelines?”

Thanks to the many, many folks who sent me Eric’s tweet:

As for timelines he added in a response that it was “probably 10 years off”: (more…)

“The 133,000 square foot project will include multifamily residential, office space, live-work “maker” units, and ground-floor retail.”

By Prince Of Petworth


“Aerial rendering of the Grimke School redevelopment.” courtesy Community Three

From a press release:

“After a decade of planning with the government and people of Washington, DC, Community Three has broken ground on a $45 million mixed-use redevelopment of the historic Metro-adjacent Grimke School, including a new home for the African American Civil War Museum. The 133,000 square foot project will include multifamily residential, office space, live-work “maker” units, and ground-floor retail. (more…)

“Mayor Bowser Makes Washington, DC the First City in the Nation to Set Affordable Housing Goals by Neighborhood”

By Prince Of Petworth

From the Mayor’s Office:

“Today, Mayor Muriel Bowser was joined by DC Office of Planning (OP) Director Andrew Trueblood to release the Mayor’s Housing Equity Report and the District’s draft Comprehensive Plan proposal. By establishing goals specific to each planning area of the city, the Housing Equity Report makes Washington, DC among the first cities in the nation to create area-specific goals for affordable housing and dedicate an entire initiative to examining the barriers and opportunities within each area.

“What both the Housing Equity Report and the updated Comprehensive Plan recognize is that housing is a citywide challenge that requires citywide solutions,” said Mayor Bowser. “Washington, DC will continue to change – we can be sure of that. These plans are focused on how we manage that change and balance competing interests in order to ensure a vibrant, equitable, and resilient city, not only for us, but for our children and grandchildren.”

The Office of Planning and Department of Housing and Community Development collaborated to produce the Housing Equity Report. The report provides an analysis of current affordable housing distribution and proposes specific targets to achieve Mayor Bowser’s bold goal of building 36,000 new homes, including 12,000 homes affordable to low-income residents, by 2025. (more…)

“Can we get an asbestos check?” For Demo at the Central Armature Works

By Prince Of Petworth


1200 3rd Street, NE

S writes: “They’re demo-ing an old warehouse in NoMa right by the metro. lots of dust and contaminants in the air on my morning walk this am. Can we get an asbestos report?? The structure is super old and you can see two different insulations are used.”

Here are the plans and a rendering for what’s coming from the Trammell Crow Company:

“A 2.43-acre mixed-use development in D.C.’s NoMa neighborhood. (more…)

A Miracle in the Making?

By Prince Of Petworth


Photo by Matt Friedman

Matt reports: “There’s actual work going on at the corner of 7th and Q NW. this is the space that was briefly going to be El Centro.”

Long time coming! Updates when we learn what becomes of the space.

Unrelated, but wild, here’s a photo from 2013 I found searching our archives of 7th and Q Street, NW. This is across the street from here and where Dacha is located today: (more…)

Check Out the latest rendering for Phase 2 of The Wharf

By Prince Of Petworth

From a press release:

“Hoffman-Madison Waterfront (HMW), a joint venture of Hoffman & Associates (formerly PN Hoffman) and Madison Marquette, the co-developers of The Wharf, along with joint venture partner, Public Sector Pension Investment Board (PSP Investments), closed on the largest private construction loan in the city’s history in the amount of $847 million.

The Goldman Sachs Group, Inc. (NYSE: GS), led the nonrecourse transaction, along with syndicate members Starwood Capital Group, Mack Real Estate Group and Pentagon Federal Credit Union.

“We are excited to welcome Goldman Sachs to the second phase of this vibrant waterfront community,” said Monty Hoffman, Founder and CEO of Hoffman & Associates. “It’s been nearly two years since the delivery of Phase 1 of The Wharf and its success has led to continued confidence as we develop Phase 2.” (more…)

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