Near Southeast DC: Past News Items
Square 701
Go to Full Blog Archive
6 Blog Posts Since 2003
Movement on Planned Hotel, Probably at 1st and N
Apr 3, 2013 9:36 AM
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.)
Grosvenor and Skanska (Finally) Close Square 701 Deal
Oct 12, 2012 1:11 PM
 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.
Plans Submitted for a 1st Street Hotel, With Interesting Details
Sep 16, 2012 1:35 PM
 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.
Renderings for the Proposed Square 701 Project by Nats Park
Jun 4, 2012 4:19 PM
Last week I wrote about the new mixed-use project just north of Nationals Park that has begun its trek through the city's zoning review process. And now I have a few renderings, and some new pertinent details. First, the pretty stuff, since that's what most people want to see (click to enlarge):  Quoting myself, the lineup from right (M Street) to left (N Street) is: * a 224,500-square-foot 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 (called the "Main Parcel"), while the remaining 7,000 sf will be in a separate two-story retail-only building at the corner of 1st and N (on the "South Parcel"), with a design "inspired by the industrial character of the existing neighborhood." Here's the view from the other direction, at 1st and N, with the two-story retail building that would be just across from the Nats' parking garage at left, with the two parallel residential buildings to its right, then the hotel, then the office building:  Having now seen more of the zoning filing, I can pass along that the "Owner/Developer" is listed as Grosvenor, with Chicago-based McCaffery Interests listed as "Development/Construction Management Services Consultants." I'm sure there will be some sussing out of the land deal before long. (Note: I had the wrong Grosvenor link for the first few minutes this post was up. I'm blaming it on being medicated.)
Details on New Mixed-Use Project Just North of Nationals Park
May 29, 2012 6:36 PM
 Back in March I wrote that something was afoot on the block just north of Nationals Park where Nats Parking Lot F resides, and new confirmation of that is a filing with the Zoning Commission for a review of a new mixed-use project that would bring office, hotel, residential, and retail spaces to 1st St. SE between M and N. The applicant is listed only as "Ballpark Square LLC and SCD Acquisitions LLC," with a footnote mentioning that they are the "contract purchaser" of the 81,000-square-foot property, currently owned by a number of LLCs but generally described as controlled by Willco Companies. My sources continue to tell me that the purchaser is McCaffery Interests, the developer behind the Market Common residential/retail project in Clarendon, Georgetown Centre, the renovation of Mazza Gallerie, the big Potomac Yard redevelopment across the river, and other local developments, along with a number of big projects in Chicago, San Francisco, Pittsburgh, and elsewhere. The zoning filing lays out the design of the 1st Street project ("Ballpark Square", mayhaps?) as: * a 224,500-square-foot 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 (called the "Main Parcel"), while the remaining 7,000 sf will be in a separate two-story retail-only building at the corner of 1st and N (on the "South Parcel"), with a design "inspired by the industrial character of the existing neighborhood."  (And there might be a juicy story behind the retail-only building, because apparently the Ballpark Square folks couldn't successfully acquire the 9,000 sq ft of lots owned by the Welch family in an L shape around the corner lots at 1st and N, necessitating the two separate parcels.) The buildings will be 130 feet high, and there will be approximately 366 parking spaces, all beneath the main parcel (and there will be bike parking, too). The residential and hotel buildings are being designed by Hickok Cole, and Gensler is the architect for the office building. The zoning filing describes the site as having "the opportunity to become a linchpin for the entertainment district that the Distrct has long envisioned in the Ballpark area," and that it will "attract people who attend baseball games, but also provide the everyday amenities essential to the residents living in the project and nearby." And, "[p]erhaps most importantly, this project will convert a vacant site to vibrant and active uses that contribute to the rejuvenation of the Capitol Riverfront by complementing the epicenter of this community, the Ballpark." In addition to needing a Capitol Gateway Overlay Review for the plans, the developers are also needing some zoning relief, to be allowed to scrap four required parking spaces for the separate retail building on the south parcel along with variances for loading, rear yard, and open court requirements that I'm just not up to writing much about right now. Goodies like renderings, elevations, and additional details (like a timeline!) will be coming (though the ANC commish tweeted a sneak peek a few days ago), and this would be brought up before ANC 6D for its support before the Zoning Commission would vote on the review and variances. This site is just to the east of Monument Realty's stalled Half Street project, which has similar plans for hotel, residential, and retail to the south of its 55 M Street office building. And across from that is Akridge's Half Street project, looking to bring office, residential, and retail to the west side of the street. In other words, there's a whole lot of mixed use on the boards just north of Nats Park. Who will get out of the blocks first?
Is a Deal on the Way for Empty First and M Lot?
Mar 4, 2012 6:51 PM
 There is no official announcement of this, but after finding a detail buried deep in some public records that jibes with some whispering I heard a few weeks ago, I'm going to pass along the rumor that a deal is in the works that would bring developer McCaffery Interests to the empty Willco Companies lot on Square 701 along 1st Street south of M, where Nats Parking Lot F currently operates. The chatter I've heard says that McCaffery has the land under contract, but no transaction has shown up so far in online property records to confirm this. However, a number of just-issued permits for soil borings on the lot have McCaffery Interests listed as the "agent," though not the land owner. Perhaps due diligence before completing a deal, or....? This site has been owned by a mixture of long-time DC development families for many years (some since 1948!), and longtime observers may also remember it as the block where the old Normandie Liquors stood along with a number of other small buildings until 2008. Willco has been marketing the site since 2006 as a 700,000-square-foot mixed use development that would have had an office building at M Street, a residential building at N Street, ground-floor retail, and underground parking. McCaffery is the developer behind the Market Common residential/retail project in Clarendon, Georgetown Centre, the renovation of Mazza Gallerie, the big Potomac Yard redevelopment across the river, and other local developments, but also has a number of big projects in Chicago, San Francisco, Pittsburgh, and elsewhere. Its web site says the company's purpose is "to add value through the opportunistic acquisition and subsequent development or redevelopment of land or buildings in high quality urban locations," and that McCaffery's typical properties are characterized by "high pedestrian traffic; within or adjacent to vibrant shopping districts; proven residential and/or office appeal; access to public transportation; and proximity to cultural or sporting activities," all of which would certainly seem to describe a one-block-long empty lot directly north of Nationals Park and right by the Navy Yard Metro station.  Any designs for the site would need to go through a zoning commission review because of its location in the Capitol Gateway Overlay, and I've heard that there has been a recent meeting with at least one city agency, so *something* is afoot with this site. Whether the previous design concept of office/residential/retail is in play or something new is coming remains to be seen. This property is one of the four "strips" of land directly north of the ballpark between M and N and 1st and South Capitol that have seen little movement since the stadium opened four years ago. Monument Realty's Half Street project abuts it to the west across Cushing Street, with Akridge's Half Street project to the west of that across Half, and then the final strip across Van along South Capitol that Monument owns most but not all of. Akridge has hinted that they may begin work later this year on its side of Half Street, but there's no firm announcements from either developer. If the chatter turns out to be accurate, it will be interesting to see what's in store....
|
|