Wednesday, June 23, 2010

Hill East has fewer abandoned buildings and more rubble after the recent demolition of the vacant, 80-unit apartment building (pictured) on East Capitol Street, SE, between 17th and 18th Streets. The 42,629-s.f. site is near RFK Stadium just across from Eastern Senior High School, which itself has gotten a bit of a makeover lately. The demolition makes way for Kennedy Place, a 141-unit condo building developed by The Merion Group and designed by PGN Architects.

General contractor, Moseley Construction Group, is responsible for the demolition and construction. According to Johnny Moseley, President of Moseley Construction Group, the demolition is 50 percent complete. Moseley said he was "not sure" about the status of the second phase, actual construction.

The project, originally planned as 131 units by then-owner Comstock East Capitol LLC, received a zoning extension in 2009. The approved zoning changes and plan modifications give the developers until December of 2010 to file a building permit, and December of 2011 to begin construction.

In December 2007 Comstock received approval for a consolidated PUD allowing construction of a 133-unit building. In that same month, Merion acquired the property for $6.2 million from Comstock, which paid $9 million in 2006. Merion Chairman Bill Bensten was formerly a senior executive at Comstock.


Washington, DC real estate development news

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