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A report this morning from GlobeSt.com says that PM Hospitality Strategies is close to a deal to manage a hotel located in what they describe as "in Capitol Hill, specifically the Navy Yard" (eww). "Principal Joseph Bojanowski tells GlobeSt.com that the developer is currently wrapping up development financing and will ink a deal on the project shortly. 'The land was purchased last month and the hotel is expected to roughly deliver in mid-2015,' he says."
The article doesn't give any additional details on where the hotel might actually be, and the story's RSS summary describes it as "a 165-key hotel in Capitol Hill," but given that the story's headline is actually "PM Hospitality Eyes Navy Yard Hotel," and assuming that the project won't actually be *in* the Washington Navy Yard, signs point to this being the L-shaped hotel planned for the corner of 1st and N SE on land formerly owned by the Welch family. Those plans for a 13-story 167-room hotel were okayed by the Zoning Commission in December, and in mid-March a $5.44 million sale was recorded of the Welch lots to Capital Riverfront Hotel LLC. (The rendering at right is from the zoning filings.)
At the zoning hearing, representatives of the developer said that it was expected that construction would take about 16 months, which would point to a start date sometime in early 2014 to then deliver in mid-2015 as the article says.
This is one of three hotels currently planned for the block just north of Nationals Park, along with no-timeline projects by Monument Realty and Grosvenor.
The 1st and N hotel will have no on-site parking, and no ground-floor retail space. (UPDATE: Per commissioner David Garber in the comments, there will be no "traditionally leased" retail space, but there will be a retail space operated by the hotel facing N Street, which is shown in the final zoning drawings as a restaurant or bar.). It wraps around Grosvenor's planned two-story retail building, and would be nestled between the residential buildings also planned by Grosvenor and Monument. My previous post on this hotel project has additional details.
PM Hospitality Strategies is an affiliated company of the Buccini/Pollin Group, which is the developer listed on this project's zoning documents. BPG owns properties throughout the mid-Atlantic, including the Madison Hotel. Not known at this point is the brand this hotel will operate under, though of course I hope they call it the L Hotel. (UPDATE: Or not, given how now we're all mistakenly referencing it being on L Street.)
Comments (23)
More posts: Development News, hamptoninn
 

Forest City Washington is moving forward with the plans for a sixteen screen movie theater near Nationals Park, having submitted a truckload of documents this week to the Zoning Commission for its plans to redevelop more than five acres of land currently occupied by DC Water.
This site, which sits between the current footprint of the Yards and the ballpark, would be turned into four new city blocks with 600 residential units in two buildings, an expansion of Diamond Teague Park, and somewhere around 50,000 square feet in retail, which would include the theater that we first heard about a few months ago.
The plan apparently would be to build the theater first (and in fact FCW is requesting second-stage PUD approval for the theater plans, for those of you who know what that means), and in the zoning filing FCW says that they intend to file for building permits by this fall and start construction by the beginning of 2014, with an expected opening of the theater by late 2015.
There would be 337 parking spaces at the theater, which would be above-ground and contained within the first four floors of the theater building. DC Water would continue its operations on the other three blocks that are part of this plan while the theater is constructed and operating, with the development of those blocks waiting until those operations can be relocated (and, of course, "subject to market conditions)."
A few months ago I wrote in great detail about the plans for the theater itself, expected to be operated by Showplace Icon, after a public meeting was held for residents about the crowds that might be drawn, who seemed mostly mollified by the "policies to encourage courteous behavior." Read that post for more.
There should be a hearing on these plans within the next few months. And I'll dig through the documents to look for more tidbits, but mainly I wanted folks to finally see a rendering!
Comments (15)
 

Could Near Southeast get a new "food destination"? Resident Nathan Alberg and new 6D02 commissioner Ed Kaminski are proposing that the federally owned warehouse at Half and L SE be converted to a market and community space called the "Half Street Market," and are now starting the process of drumming up support.
Alberg, who lives just across the street and so presumably has spent a lot of time looking out his window at the warehouse, envisions the building as a site similar to Eastern Market or the new Union Market in Northeast DC, or Milwaukee's Public Market. He hopes it could "offer independent merchants a market to sell their artisan foods and prepared food products to the public, provide a managed risk incubator for self-employment, to provide public culinary training and education in a working demonstration restaurant, drive the development of new food markets, income generation, increased economic growth." In other words, it could be a combination indoor/outdoor market, cooking school, and rentable event space.
A survey to gauge interest in the idea is currently being run (so go give them your input!), and a public meeting will be held sometime in early February to discuss the notion further. This presentation was made to residents of Velocity this week, though it's stressed that these are early concepts.
How exactly the building would go from excess GSA space to Half Street Market is a bit murky--Alberg, Kaminski, and 6D07 commissioner David Garber say that the feds are "in the process of potentially auctioning the building or possibly giving it to the city." The warehouse, built around 1924, is on a nearly 30,000-square-foot lot, which was most recently assessed at $19.2 million. Just to the south is an empty lot facing M Street where a Sunoco station once stood and is the current home to Nats Parking Lot J.* Those two lots together, creating a block the same size as the 80 M office building, directly across M Street from the Navy Yard Metro station and a block away from Nats Park, would presumably be pretty appetizing to deep-pocketed developers, so if the warehouse property were to go to auction, it probably wouldn't be sold on the cheap.
What do you think, readers?
(* Side note: The old Sunoco site has been known as 50 M Street, being marketed by Monument Realty and owned in a partnership by Monument, MacFarlane, and Lehman. But my understanding is that, with the property being worth less than the loan, and with Lehman also being the lender on the loan, this site, along with the lot on the old BP site at Half and N that had the same ownership configuration, has gone through "foreclosure" in recent days so that Lehman now is the sole owner.)
Comments (19)
More posts: 49l, Development News, halfstmarket, sq699
 

It's taken almost a year, but the sale of 70 I Street was completed this week, with public records showing that "70 Eye Street Acquisition LLC" paid $165.7 million for the 448-unit building developed by JPI and opened in 2008.
The other two buildings in the original JPI "Capitol Yards" lineup, 100 I and 909 New Jersey, were sold back in May for around $94 million each, but the 70 I sale took longer as tenants had attempted to purchase the property themselves (UPDATE: or at least to file that paperwork in order to then attempt to negotiate terms of sale more favorable to residents). I don't have this confirmed, but I am assuming that the 70 I LLC, like the other two, is "institutional investors advised by J.P. Morgan Asset Management," since the 70 I sale deed has Morgan as the mailing address for the LLC.
Like the other properties, 70 I will be managed now by Bozzuto, which, in a letter to tenants, also said that the name of the property once known as the Jefferson at Capitol Yards is now changed to "70 Capitol Yards." (This is why I always just keep with the addresses.)
Comments (1)
More posts: 70/100 I, Development News
 

At a public meeting on Thursday night, Yards developer Forest City Washington presented very early plans for the portion of the DC Water/WASA site on 1st Street that the company is currently working to secure the development rights for.
While people are always interested in projects for more residential buildings with ground-floor retail, it was the plans for a movie theater on the site that drew a decent-sized crowd to the meeting, and the attendees learned that Showplace Icon is the heretofore unnamed operator that Forest City is currently in negotiations with.
It would be a 16-screen theater with more than 2,000 seats on N Place SE (see my quickie map for placement in regards to Nats Park and the main WASA pumping station), and Icon's more upscale amenities and approach to movie-going were extensively touted, including all reserved seating, VIP areas in each theater with extra-wide seats and person tables, wall-to-wall and ceiling-to-floor digital screens, no on-screen pre-show advertising, fresh-not-frozen food prepared on site, and their "lobby lounge," with about 100 seats and 21-and-over-only admittance.
But it was Icon's "policies to encourage courteous behavior" that seemed to defuse the "ZOMG GALLERY PLACE" concerns about the theater that had been cropping up on neighborhood mailing lists and elsewhere over the past few weeks. The theaters will not allow children under 17 after 7 pm without an adult, no one is admitted after the movie starts, no children under seven are admitted to PG-13 or R movies after 7 pm, and the adult admission price also applies to children.
Bob Gallivan of Kerasotes Showplace Theaters said that the company's theaters in Chicago and suburban Minneapolis are "bringing people back to the movies who haven't been for awhile" thanks to these policies, because they are trying to "create a civilized atmosphere." ("We're not a babysitting service," he also said.)
Thanks to being an all-digital theater, the venue would also be able to offer other content, such as simulcasts of the Metropolitan Opera, sporting events, and other events. And the theater would also have some small retail and maybe artist space along N Place.
As for the rest of the plans for the site, along 1st Street across from Nationals Park there would be two residential buildings, totalling 625ish units, each with ground-floor retail; and the northern one of the two would incorporate the brick/industrial facade of the existing DC Water fleet management building on 1st between N Place and O (seen at left).
O Street would be re-established from 1st east to the new 1 1/2 Place, and Potomac Avenue would be extended east from 1st as well to 1 1/2 Place.
Forest City's planners envision a "lower-scale" retail experience along 1 1/2 Place (smaller "eclectic" retailers, not "low-end"), with more "large-scale" offerings long 1st thanks to the size of the street and its location across from the ballpark. All told this area of the Yards would have about 50,000 square feet of retail.
Diamond Teague Park would also be expanded somewhat to the north of its current footprint, up to the new Potomac Avenue. It's possible that Potomac Avenue and the lower part of 1 1/2 Place could be closed at times for street festivals, etc.
As for any timeline on all of this, first Forest City has to actually acquire the land from DC Water and the city, and then has to complete the negotiations with Showplace Icon. (The fact that Forest City has even named Icon before executing the lease is a pretty big departure for the company, and shows an understanding of the need to clearly define what sort of theater experience would be on the boards.) Then the project has to go through the zoning process (it will be a PUD), and then get building permits. Forest City "hopes" to begin the approximately two years of construction for the theater in 2014, but that's a lot of ducks to get in a row first. (The residential buildings would come later.)
Audience members had questions about security (Icon uses off-duty police in Chicago, and Forest City would have its own security as well), types of films that would be offered (art-house and blockbusters), worries that the Lobby Lounge might become a club (not an issue, Icon says), and how traffic generated by the development would co-exist with 40,000 fans one block away at Nationals Park 81 nights a year (or more!). Because it's still early in the process, there weren't concrete answers to some of the concerns, but this project still has to go before ANC 6D and the Zoning Commission before being approved, so there will be plenty of opportunities for additional detail to be insisted upon.
Should I mention again that this is all still subject to both the DC Water land deal and the lease with Icon getting finalized?
Much more to come on this, obviously. And, for people who weren't at the meeting who didn't get to see any of the EARLY CONCEPTUAL NOT FINALIZED drawings, I have asked for at least the EARLY CONCEPTUAL NOT FINALIZED rendering of the glass-walled theater exterior to post, and hopefully before too long Forest City will be ready to share it.
Comments (13)
More posts: Development News, Retail, theater, DC Water (WASA), The Yards, The Yards at DC Water
 

While there's been a lot of work going on at the site since the beginning of the year, it's only now that it can truly be said that work has begun on the 432-unit Park Chelsea apartment building at New Jersey and I Streets, SE.
Developer William C. Smith has closed on a $100 million construction loan (which they are calling the largest one secured for a DC residential project this year), and if you look down on the site from on high, you can definitely see earth being moved, separate from the huge shafts built over these past few months to facilitate the relocation of deep infrastructure beneath the site. (There was also that whole demolishing of the trash transfer station just to the south of the project's footprint, since a small corner of that old building extended onto the Park Chelsea land.)
The cost of the entire project is pegged at $150 million.
The Park Chelsea is expected to deliver late in 2014, and will have three levels of below-grade parking, both indoor and outdoor pools, a rooftop garden with a dog park, an electric car charging station, and a "state of the art bike storage and maintenance area." It's also just the first phase of the development of the entire block bounded by New Jersey, 2nd, H, and I, which is expected to have 1,200 residential units and 75,000 square feet of retail when it is all completed; plus, H and I streets will be built through between 2nd and New Jersey. It's also just a few steps away from the so-close-to-opening-you-can't-believe-it Canal Park.
The Park Chelsea is now the second new-construction multi-unit residential building to start in Near Southeast in 2012, along with Forest City's Twelve12 apartment building (home also to Harris Teeter and Vida Fitness) at the Yards.
Comments (0)
More posts: 880 NJ/Park Chelsea, Development News, WC Smith/Square 737
 

DC property records show that on Oct. 1, "Toll DC LP" paid $14.5 million to the Cohen Companies for the final empty lot on the Square 699N/Velocity block, running along the east side of Half Street SE between K and L, across from 1015 Half Street.
With Toll's $24 million purchase back in May of the 1st and K portion of the same square with plans to build a 250ish-unit residential building, this now gives the company a second toe-hold inside the District, both on the same block.
There are rumors that the 1st and K site could see construction start in the spring, but there have been no announcements. (And I can't really even say "wait to watch for digging," since on that 1st and K site the garage and underground infrastructure was already dug and completed when the Cohen companies built Velocity.)
It's starting to be quite a tote board of projects that "could" begin in 2013. Florida Rock residential, the Park Chelsea, the new Yards Parcel N building, Square 701.... Maybe we should start a pool!
Comments (0)
More posts: Development News, Square 699n, Parc Riverside Apts, Velocity Condos
 

I can now finally stop obsessively checking Square 701 property records, as Grosvenor Americas and Skanska finally completed earlier this week their purchases of the former Willco properties along 1st Street SE between M and N, and each officially announced their plans for the site, which of course JDLand readers have known about for a while now.
The now-announced plans track pretty closely with what we've been hearing through the zoning process:
* a 224,000-square-foot Class A office building at the corner of 1st and M;
* a 180-unit hotel just to the south of the office building, separated by a 30-foot-courtyard;
* a 292-unit residential project south of the hotel in two buildings, both parallel to 1st Street, with a courtyard between them and a glass bridge connecting them; and
* 43,000 square feet of retail, 36,000 sf of which will be in the office/hotel/residential buildings, while the remaining 7,000 sf will be in a separate two-story retail-only building at the corner of 1st and N.
But we've also now learned that the office building (seen at left) will be developed by Skanska, is designed by Gensler, and will likely be self-financed, according to Bisnow. It will have 11,000 square feet of retail, and will be 11 stories tall. Looking at property records (always a somewhat dicey proposition), it appears that Skanska's Ballpark Square 701 LLC paid about $19.2 million for the multiple small lots at 1st and M where Normandie Liquors used to stand.
Grosvenor will be developing the rest of the project, with Hickok Cole designing the residential buildings and the hotel, and with McCaffery Interests providing "advisory services" and construction management. Grosvenor's Ballpark Square LLC appears in property records to have paid $25.8 million for its portion of the site.
Jon Carr of Grosvenor tells me that there is "strong interest" from potential tenants in the two-story 7,000-square-foot retail building at 1st and N (bet they wish they could have it built by tonight!) and that there are discussions with a couple of potential operators for the hotel.
Of course, the question most interested observers want to ask doesn't have an answer yet--neither announcement gives a start date. There's still the need for final approvals from the Zoning Commission (expected to come at the Oct. 29 public meeting), but for the Grosvenor portion of the site, there's one more pending item before the path to construction is truly clear, and that is the plans by another developer for the L-shaped lot between the residential buildings and the retail building.
Grosvenor apparently did attempt to purchase that property, but with no agreement able to be reached, those owners are now heading to the Zoning Commission in early December with their desire to build a 176-room hotel on the site (initial design seen at right, wrapping around Grosvenor's two-story retail building). If approved, Grosvenor's plans to have the courtyard of its residential buildings opened to the south would be impacted, and there is apparently an "alternative" design in the hopper if needed.
You can check my Square 701 page for more details about this site (including lots of Before photos from its days before becoming Nats Parking Lot F). The next steps to watch for, beyond how the L Hotel [copyright JD] turns out (which we may not know until early 2013), will be the filing of building permit applications, along with any announcements of office tenants, hotel operators, etc.
Comments (6)
More posts: 99m, Development News, F1rst Residential/Hotel
 

Late last week, "Capital Riverfront Hotel LLC" * submitted to the Zoning Commission plans for a 167ish-room hotel on the small L-shaped lot that the Welch family has owned for a number of years at 1st and N Streets just north of Nationals Park.
According to documents submitted as part of the required Capitol Gateway Overlay Review, the development would have no ground-floor retail along either 1st or N.
Also, the developers are requesting that they be able to provide zero below-ground or on-site parking instead of the 44 spaces that would be required by current zoning regulations, saying that the hotel would provide valet parking services, and also would emphasize the building's location near Metro, Circulator, and other transit options.
(Needless to say, it would be interesting to see exactly how valet service on 1st just north of N would work during a sold-out baseball game going on a few feet to the south, given how 1st fills up with traffic heading toward the parking lots at the Yards.)
As seen in the above rendering, the site for the proposed hotel wraps around the two-story retail building that has been proposed as part of its 660,000-square-foot Ballpark Square development that I've written about over the past few months, which would have its own 170ish-unit hotel, positioned between a 224,000-square-foot office building fronting M Street and a 285ish-unit residential building toward the south end of the street, as well as the retail building, separated from the rest by the Welch lot.
Recently "Ballpark Square LLC and SCD Acquisitions LLC" (which appears to be a team headed by Grosvenor, with Skanska and McCaffery Interests also on board) submitted updated designs for that project in advance of its Oct. 1 zoning hearing, in which the residential building just to the north of the L-shaped lot has had its U-shaped design reconfigured to open to the south, giving residents in the courtyard-facing units some amount of a view toward Nats Park. Which of course would completely disappear if the hotel were to be built right up against the property line. (You can compare the white box in the top rendering to the red-brick building at the right of this rendering to place the proposed hotel's location vis-a-vis the residential building.)
The updated filing by Grosvenor et al even gives oblique reference to the goings-on, saying "As will be discussed at the hearing, the Applicant is exploring alternative residential layouts to address the potential future development of the parcel to the south of the residential component."
It does lead one to wonder what if anything might be going on behind the scenes between the two parties. And also exactly how the Zoning Commission might feel about the hotel's designs as initially submitted.
* Points immediately deducted for the wrong spelling of Capitol.
Comments (3)
More posts: Development News, hamptoninn, lhotel, zoning
 

With the Foundry Lofts having quickly reached 100 percent leasing earlier this year, and construction underway on the Twelve12 residential building with a Harris Teeter at 4th and M, it's interesting to hear that Forest City is starting to move on its next residential project at the Yards, an 11-story 325ish-unit rental building right next door to the Foundry Lofts, on the southwest corner of 4th and Tingey (where a parking lot now resides, across from the Trapeze School). That would also put it just to the south of the under-construction Boilermaker Shops retail pavilion and kitty-corner from Twelve12.
The 35 percent design drawings will be presented to both the Commission on Fine Arts and the National Capital Planning Commission over the next few weeks, with initial thoughts/plans/hopes that construction could begin in 2013.
That's all I know at this point--more will be revealed as the bureaucratic hoops are jumped through.
UPDATE: With thanks to Z. in the comments, here are some renderings, via the slides for the upcoming NCPC presentation, which has additional details. Note how the height of the building steps up so that it's not at its full 11-story height directly next to the six-story Foundry Lofts. And remember, these are just the 35 percent drawings--details are still to be fleshed out, and perhaps changed.
The view on the left is looking down 4th at Tingey; the right is looking pretty much from the Lumber Shed/Yards Park to the northeast.
Also worth mentioning, the design calls for 21,000 square feet of ground-floor retail, and 250-300 parking spaces in a three-level underground garage.
Comments (7)
More posts: Development News, The Yards, Arris/Parcel N/Yards
 
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