Saturday, May 27, 2017

Tysons Corner Tower Will Be Taller Than Washington Monument

In Tysons Corner, Virginia, by the Spring Hill Metro stop, a developer plans to construct a 2.8 million-square-foot mixed-use development that will feature a 615-foot-tall tower.  

Iconic Tower
With this height, it will be the tallest building in the D.C. region, 60 feet taller than the Washington Monument, the region's tallest structure.

The developer, Clemente Development, has branded the $1.3 billion project as The View at Tysons.

The building, called Iconic Tower, will rise up 48 stories and become the tallest structure in the Washington, D. C area.

The building would be 145 feet taller than the Capital One HQ building, currently under construction in Tysons Corner, and 228 feet taller than the  nearly completed Central Place in Rosslyn, which will be the region's tallest tower for a short time.

Iconic Tower will have 840,000 square feet of condos, 412,000 square feet of hotel space, and 44,000 square feet of retail space.

The project will also encompass a large, open-air shopping plaza.

The View at Tysons will also include two office buildings with ground-floor retail as well as two residential buildings with retail and an urban park.

Capital One Global Headquarters

Saturday, May 20, 2017

Massive Ivy City Project Plans 1.5M Sq Ft of Development

Washington, D.C developer Douglas Development is known for having created the Hecht Warehouse District, an approximately 465,000-square-foot mixed-use project that redeveloped the Hecht Company Department Stores for residential space, retail space, and a grocery store.

Now, the developer has eyes set on a 15-acre triangle in Ivy City just down the road from the Hecht Warehouse, bordered by New York Avenue, Bladensburg Road NE, and Montana Avenue NE.

The project will include 422 apartments, 18 townhomes, 550,000 square feet of retail space, 156 hotel rooms, and 2,900 parking spaces.

The site plan includes a 130,000-square-foot grocery store, a separate 100,000-square-foot retailer, a five-story hotel, a host of restaurants and junior anchors and a movie theater.

The developer has spent nearly $75 million to acquire the land in order to construct NewCityDC, a 1.5 million-square-foot mixed-use project set to make waves in the neighborhood.

Douglas Development first acquired a section of the land in 2014 for $8.25 million.

An affiliate of Douglas, Jemal's Schaeffer LLC, just paid $66 million for nine separate parcels controlled by the Schaeffer family — a major player in D.C.'s taxicab industry.

Saturday, May 13, 2017

Massive 1,555 Unit Residential Project For Rhode Island Ave

As one of the largest redevelopment projects in Washington, D.C., developer MRP Realty is planning on razing a retail center near the Rhode Island Avenue Metro station to construct 1.56 million-square-feet of residential, 245,000-square-feet of retail, and 1,992 parking spaces. The retail center, known as Rhode Island Center, will be razed to construct seven buildings with ground-floor retail, covering roughly six blocks of space.

The development plan calls for 1,555 residential units with eight percent set aside for affordable housing. The units will range from studios to three-bedrooms.

The first of the six-phase project will redevelop two buildings along Rhode Island Avenue NE into 345 residential units. Construction is expected to begin in late 2016.

MRP, with B&R Associates LP and Sandrock LP, proposes to transform 13 acres encompassing the Rhode Island Center — anchored by Save-A-Lot, Big Lots and Foreman Mills — a self-storage warehouse and 13 single-story retailers into a mixed-use, transit-oriented community that promises to “ultimately establish this locale as a destination in and of itself.”

The project will replace a shopping center that was the “product of the times in which it was built: it is auto-centric, set back from the street and does not interact with the greater community; it does not facilitate connections within the community but rather isolates itself, creating a barrier between the Metropolitan Branch Trail and the pedestrian path to the Rhode Island Avenue-Brentwood Metrorail Station.”

The development proposal calls for six new blocks along an extended street grid, all consisting of residential over ground-floor retail and 1,992 parking spaces.

The development site is bounded by Fourth Street NE to the west, Rhode Island Avenue to the south, the Metrorail tracks and the Metropolitan Branch Trail to the east and the Edgewood Terrace apartments to the north.

The number of units: 1,555, in a mix of studio to three-bedroom. Eight percent of the gross floor area, or 124,612 square feet, will be set aside as affordable.

There will be seven buildings. The first phase will feature two buildings on the two blocks closest to the Metro, to Rhode Island Row and the Brentwood Shopping Center.

The design of the first two buildings, totaling 345 units, “will pay homage to the industrial area that helped shape this neighborhood while generating an architectural vocabulary unique to this project.


Northeast D.C., -- from Rhode Island Ave to Union Market, to NoMa Brookland to H Street, to New York Avenue -- is the epicenter of D.C.'s booming redevelopment pipeline.

Only last month, the JBG Cos. and the Boundary Companies proposed building 691 residential units over retail for the New York Avenue-Florida Avenue intersection.

Edens will break ground soon on multiple projects at Union Market, while LCOR recently picked up $30 million loan to build the 187-unit Edison at 340 Florida Ave. NE, and Level 2 Development has earned Zoning Commission approval for the 315-unit Highline at Union Market, 320 Florida Ave. NE.

Saturday, May 6, 2017

Plans to Build Two of Region's Tallest Residential Towers

JM Zell Partners and Hines Ltd. are planning to construct the first building within the 6-acre Carlyle Plaza Two, a long-planned four-tower office and residential complex south of Eisenhower Avenue in Alexandria, Virginia.

A 382-unit apartment building, designed by Bernardo Fort-Brescia of Miami-based Arquitectonica International, will rise to 34 stories and 375 feet, offering virtually unobstructed views of Mount Vernon, MGM National Harbor and the Washington Monument.

The second residential tower in Carlyle Plaza Two, the closest building to the Capital Beltway to the south, may rise to 354 feet.

Both towers will be among the region’s five tallest residential buildings, rivaling those planned for Rosslyn.

The developers expect to break ground on the four-tower office and residential complex in late spring 2017.
The design features three rectangular blocks of nearly equal height, with the middle block slipped roughly 25 feet to the south to create a cantilever effect.

The result of the cantilever is two large outdoor terraces, one on the 16th floor and another on the 26th. There will be a fifth-floor amenity terrace, with pool, as well.

The unit breakdown: 22 studios, 238 one-bedroom apartments and 122 two-bedroom units.

“They want an iconic building,” Jeffrey Zell, JM Zell president, said of Alexandria. “They now have an iconic building.”

The development site is immediately east of The Alexan apartment building and north of the Alexandria Renew Nutrient Management Facility.

Alexandria approved the development plan for Carlyle Plaza Two in 2012 — for 755,114 square feet of office in two towers and 632,056 square feet of residential in two more towers.

The plan was later amended to offer the option of converting 325,000 square feet of office space to hotel and residential use.