HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > City Compilations


Reply

 
Thread Tools Display Modes
     
     
  #901  
Old Posted May 26, 2014, 10:17 PM
paytonc's Avatar
paytonc paytonc is offline
pragmatist
 
Join Date: May 2005
Location: beautiful as well as sanitary DC
Posts: 228
Quote:
Originally Posted by RCDC View Post
And, the brick warehouse in your pic is for sale (coincidentally I know the property broker), it can be had for $7.5M
There's a sample pro forma attached to the listing (look up 411 New York Ave NE); it says that $12 rent (i.e., $1/foot/month) should be sufficient to cover debt service on the property. Looks like the fourth floor will be vacated upon closing, floors 2-3 are leased to Union Arts, and there's a furniture store on the ground floor. It would be interesting to see if the structure could pop up another floor. If so, it seems like an interesting candidate for creative office space.

$7.5M sounds like a lot, but it works out to $148.28/sq. ft., and true lofts are super scarce in DC.

In other news...

Forest City's latest earnings release includes this tidbit about its DC projects: "Anticipated starts from the development pipeline in the next 12 months include the following: In the company's ASRS development fund, five additional apartment project starts are anticipated in the near term. These include two projects in Los Angeles, two in Washington D.C. (one each at The Yards and at Waterfront Station) and one in Philadelphia."

The Waterfront Station parcel is the NW corner, and it seems like Parcel H (across from the northeast corner of Nats Park, and cater corner from the Hampton Inn opening 2Q15) is the next Yards parcel teed up. That would be their first building west of Yards Park, where ultimately ten large buildings will fill the area between 1st SE and New Jersey, M and the river.
__________________
draft SUV drivers first
http://westnorth.com
Reply With Quote
     
     
  #902  
Old Posted May 27, 2014, 6:38 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
DC's most useless park is a parking lot in disguise

I can only guess how much money the fed government has forgone so that 23 year old Congressional staffers can have free parking. These lots are some of the most expensive real estate in the US and are a ten minute walk from three metro stations.

DC's most useless park is a parking lot in disguise

By Dan Malouff
May 27, 2014
Greater Greater Washington

"Capping an underground parking garage with a public park is such a nice idea. It's a shame DC's most prominent example is such a terrible park.


Image courtesy of Greater Greater Washington, via Google.

The South Capitol parking crater is undeniably one of DC's most inappropriately underused plots of land. It's 6 complete blocks of parking lots, all in a cluster mere steps from the US Capitol..."

http://greatergreaterwashington.org/...t-in-disguise/
Reply With Quote
     
     
  #903  
Old Posted May 27, 2014, 6:57 PM
Eightball's Avatar
Eightball Eightball is offline
life is good
 
Join Date: Jun 2013
Location: all over
Posts: 2,301
$142 a sq ft does seem like quite a good deal... those are EOTR (renovated) prices.
Reply With Quote
     
     
  #904  
Old Posted May 29, 2014, 3:37 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
A Trump Makeover for Washington’s Old Post Office

Donald Trump is a pompous jackass but he deserves a lot of credit (as long as public access to the observation tower is maintained) for investing to convert the Old Post Office to a hotel. Pennsylvania Avenue should be one of the most vibrant corridors in the United States and except for Freedom Plaza, it is largely vacant.

Building a hotel at the Old Post Office and redeveloping the land that the FBI headquarters is located on will go a long way towards improving Pennsylvania Ave.

Additionally, investing $200M will create some construction jobs, which our economy needs.

A Trump Makeover for Washington’s Old Post Office


In 1970, the government planned to tear down the landmark 1899 postal tower on Pennsylvania Avenue, but preservationists succeeded in saving it. Credit Daniel Rosenbaum for The New York Times

New York Times
May 27, 2014
By Eugene L. Meyer

"WASHINGTON — The landmark 1899 post office tower on Pennsylvania Avenue — the second-tallest building in Washington — looked out of place in the Federal Triangle of neoclassical government buildings constructed mostly in the 1930s.

To complete the Triangle in an architecturally compatible style, the government wanted to tear it down, leaving only the building’s clock tower to rise above its replacement in homage to the Richardsonian Romanesque structure that would be no more.

The 1970 plan gave rise to Don’t Tear It Down, an organization (now the D.C. Preservation League) that successfully fought the demolition. Yet efforts to reuse the old building as offices for other federal agencies, with a ground-floor food court pavilion below the soaring nine-story atrium, also failed. The Old Post Office, a preservationist success, was a governmental flop, a federal white elephant saved from the wrecking ball — but for what?.."

http://www.nytimes.com/2014/05/28/re...-new-life.html
Reply With Quote
     
     
  #905  
Old Posted May 31, 2014, 3:14 PM
Eightball's Avatar
Eightball Eightball is offline
life is good
 
Join Date: Jun 2013
Location: all over
Posts: 2,301
900 G St NW:
More here: http://dcconstructionphotos.blogspot...0-g-st-nw.html


(rendering MRP Realty)
Reply With Quote
     
     
  #906  
Old Posted Jun 2, 2014, 9:53 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
L’Enfant Plaza opens Monday after $46M makeover

L’Enfant Plaza opens Monday after $46M makeover

By Abha Bhattarai
Washington Post
June 1, 2014

"The iconic pyramid is gone.

In its place stands a three-story glass cube — much like Apple’s flagship store in Manhattan — that leads to an underground menagerie of restaurants, shops and seating areas.

The newly-renovated L’Enfant Plaza makes its formal debut Monday after a 20-month, $46 million makeover..."

http://www.washingtonpost.com/busine...al_business%20
Reply With Quote
     
     
  #907  
Old Posted Jun 2, 2014, 9:56 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
Capitol Riverfront/Navy Yard

Forest City has done an excellent job so far at the Navy Yard. Hopefully PN Hoffman will continue this.

PN Hoffman to Bring a Condo Building to the Yards
http://www.jdland.com/dc/index.cfm/3...-to-the-Yards/

PN Hoffman To Develop 130-Unit Condo Project at The Yards
http://dc.urbanturf.com/articles/blo...o_project/8558
Reply With Quote
     
     
  #908  
Old Posted Jun 3, 2014, 3:27 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
Twelve12 apartments

The JD Land blog posted some excellent photos of Forest City's new Twelve12 apartments at 4th Street, SE, across the street from the US DOT headquarters and Bluejacket.

http://www.jdland.com/dc/quickgallery.cfm?qd=140602
Reply With Quote
     
     
  #909  
Old Posted Jun 3, 2014, 3:42 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
Dupont will get a new park over Connecticut Avenue

This would be great but I think it will cost a lot more than $10M to deck over CT Ave and build this park. I would also like to see the National Park Service sell/donate the vacant buildings and shacks it has around Dupont Circle so these could become restaurants and kiosks.

Dupont will get a new park over Connecticut Avenue

By David Alpert
Greater Greater Washington
June 3, 2014


Image courtesy of Greater Greater Washington.

"Where Connecticut Avenue dives under Dupont Circle, there is a block-long space between Q Street and the circle which residents have long dreamed of covering over to create a park. Now, that is likely to actually happen..."

http://greatergreaterwashington.org/...cticut-avenue/
Reply With Quote
     
     
  #910  
Old Posted Jun 3, 2014, 3:49 PM
Eightball's Avatar
Eightball Eightball is offline
life is good
 
Join Date: Jun 2013
Location: all over
Posts: 2,301
This park idea is super exciting! I agree with your skepticism regarding price, but it is a small space.

Have you been to L'Efant since the changes? I haven't yet.
Reply With Quote
     
     
  #911  
Old Posted Jun 3, 2014, 5:25 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
L'Enfant Plaza rennovation


Eightball:
Quote:
Have you been to L'Efant since the changes? I haven't yet.
Ask and you shall receive. Here are some photos I took over lunch when I walked over to the Post Office at L'Enfant. The food court that was completed two years ago, with Pot Belly, Roti, Five Guys, etc.., was already a big improvement. After this second phase of improvements, L'Enfant Plaza will get an Amsterdam Falafel and Panda Express, among other restaurants. This is significantly better than the 1970s-era mall that existed prior to the rennovations.









Reply With Quote
     
     
  #912  
Old Posted Jun 3, 2014, 6:10 PM
Eightball's Avatar
Eightball Eightball is offline
life is good
 
Join Date: Jun 2013
Location: all over
Posts: 2,301
Looks sharp. Thanks for the photos!
Reply With Quote
     
     
  #913  
Old Posted Jun 5, 2014, 5:38 PM
RCDC's Avatar
RCDC RCDC is offline
Registered User
 
Join Date: Oct 2010
Location: DC, an eruptive vent of wealth
Posts: 416
Quote:
Originally Posted by paytonc View Post
$7.5M sounds like a lot, but it works out to $148.28/sq. ft., and true lofts are super scarce in DC.
Quote:
Originally Posted by Eightball View Post
$142 a sq ft does seem like quite a good deal... those are EOTR (renovated) prices.
Yeah, it doesn't sound bad but it's probably in need of a full rehab. That could exceed the sales price depending on what's needed.
Edit: Unless it's just made a vanilla shell then negotiate lease(s) for the build-out.

____

Some more projects:

Ontario 17 in Adams Morgan has recently started.






Also 700 Constitution has started the interior demo, converting a hospital into residential:





Reply With Quote
     
     
  #914  
Old Posted Jun 5, 2014, 6:14 PM
Eightball's Avatar
Eightball Eightball is offline
life is good
 
Join Date: Jun 2013
Location: all over
Posts: 2,301
Nice, how did you get an inside photo?
Reply With Quote
     
     
  #915  
Old Posted Jun 5, 2014, 7:46 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
Georgetown Day School buying Tenleytown Safeway, Martens dealership

This is disappointing because this site is located within a ten-minute walk of two metro stations and mixed-used residential developments were planned for both the Safeway and Martens Volvo site.

On the other hand, potentially, this opens up the MacArthur Blvd properties for development, near where Safeway is planning a mixed-use store. Now that there is no development potential at this site, this might create more momentum for some redevelopment at Friendship Heights.

Georgetown Day School buying Tenleytown Safeway, Martens dealership

BY JONATHAN O'CONNELL
Washington Post
June 5, 2014

"Georgetown Day School, one of the area’s top private schools, announced a massive campus expansion plan Thursday in which it is purchasing the Tenleytown Safeway and Martens Volvo/Volkswagen car dealership across the street.


The Tenleytown Safeway is being purchased by the Georgetown Day School and could close in 10 months. Jeffrey MacMillan/JEFFREY MACMILLAN FOR WASHINGTON POST -

The sales are expected to close Thursday. They will allow Georgetown Day, an institution whose students and alumni include the sons of daughters of some of the most prominent movers and shakers in the Washington area, to ultimately consolidate its lower, middle and upper schools in Tenleytown.
At the moment the school’s lower and middle schools are on MacArthur Blvd., about four miles away..."

http://www.washingtonpost.com/news/d...ns-dealership/
Reply With Quote
     
     
  #916  
Old Posted Jun 5, 2014, 9:09 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
Residential building planned for Union Market area

This is in addition to another residential development with approximately 500 units planned for the area next to Union Market that was announced last month: http://dc.urbanturf.com/articles/blo...on_market/8461 .

Coming to D.C.: Apartments in Union Market, condos at The Yards

By Abha Bhattarai
June 3, 2014
Washington Post


A rendering of the upcoming Gateway Market apartment building planned for Union Market. The 188-unit building is expected to be completed in 2017 (Image courtesy of the Washington Post).

"Area firms are scooping up property in two of D.C.’s hotter neighborhoods, with plans to introduce apartments to Union Market and condominiums to The Yards.

LCOR, a Berwyn, Penn.-based real estate development firm, said Tuesday it has purchased a development site at Union Market in Northeast Washington. Gateway Market, expected to be completed in 2017, is to include 188 apartments and 30,000 square feet of ground-level retail. The property at 340 Florida Ave. NE will be the first residential building at Union Market, which has undergone a massive makeover in recent years.

“We really see Union Market as one of the great up-and-coming neighborhoods of Washington,” said Harmar Thompson, senior vice president at LCOR. “The evolution of that market into a neighborhood is going to be pretty spectacular...”

http://www.washingtonpost.com/news/d...-at-the-yards/
Reply With Quote
     
     
  #917  
Old Posted Jun 9, 2014, 4:04 AM
chris08876's Avatar
chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 46,846
Brand New Renderings and Floorplans Released for The Adamo




Quote:
In February, the only information available on the project displacing the old Adams Morgan Exxon was its name and a vague projected opening date. But now The Adamo (which sounds an awful lot like a fancier version of the neighborhood's nickname of AdMo) has some new interior renderings and a whole lot of floorplans. There are four different layouts for the two bedroom suites and nine for the one bedroom suites, a few of which are obviously smaller corner units. Additionally, it looks like the thirty-four condo project will be done within a year, as it's now advertising a projected opening of May 2015. Note that asking prices will start at $400,000 as you gaze upon the visuals after the jump.
====================================
http://dc.curbed.com/archives/2014/0...-the-adamo.php
Reply With Quote
     
     
  #918  
Old Posted Jun 9, 2014, 5:00 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
30-Unit Condo Project Planned For H Street Corridor

30-Unit Condo Project Planned For H Street Corridor

By Urban Turf
June 9, 2014


Image via Urban Turf.

"The residential projects keep coming to the H Street Corridor.

Rock Creek Property Group and Cornerstone Development Group have acquired 646-654 H Street NE (map) and plan to develop a 30-unit condo project at the address, the two firms announced on Monday. The project will have 6,000 square feet of ground-floor retail and is expected to deliver in 2017.

The properties at 646-654 H Street were previously owned by Pilgrim Baptist Church. Cornerstone and Rock Creek Property Group went under contract on the five buildings in May, and the deal closed last week for $4.525 million..."

http://dc.urbanturf.com/articles/blo..._corridor/8586
Reply With Quote
     
     
  #919  
Old Posted Jun 9, 2014, 5:43 PM
202_Cyclist's Avatar
202_Cyclist 202_Cyclist is offline
Registered User
 
Join Date: Feb 2009
Posts: 6,044
U.S., Qatari Developers Finalize Deal for Luxury Hotel at CityCenterDC

U.S., Qatari Developers Finalize Deal for Luxury Hotel at CityCenterDC

Posted by Aaron Wiener
Jun. 9, 2014
Washington City Paper


Image courtesy of the Washington City Paper.

"The American and Qatari developers of the downtown CityCenterDC complex announced today that they've finalized a deal to bring a luxury hotel to 10th Street NW and New York Avenue.

Houston-based Hines and Qatari Diar, the real estate development arm of the Qatar Investment Authority, will build a 370-room luxury hotel and 70,000 square feet of retail at the site. The hotel will be called the Conrad Washington, D.C., part of Conrad Hotels & Resorts, the luxury hotel line from Hilton..."

http://www.washingtoncitypaper.com/b...dc/#more-35164
Reply With Quote
     
     
  #920  
Old Posted Jun 9, 2014, 8:27 PM
paytonc's Avatar
paytonc paytonc is offline
pragmatist
 
Join Date: May 2005
Location: beautiful as well as sanitary DC
Posts: 228
Quote:
Originally Posted by 202_Cyclist View Post
Image courtesy of the Washington City Paper.
Minor detail that seems to have been overlooked: "Rendering by Herzog & de Meuron"
__________________
draft SUV drivers first
http://westnorth.com
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > City Compilations
Forum Jump



Forum Jump


All times are GMT. The time now is 3:55 AM.

     
SkyscraperPage.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.