Showing posts with label Davis Construction. Show all posts
Showing posts with label Davis Construction. Show all posts

Monday, August 20, 2012

Earth movers arrived at the Washington Gateway site in NoMa several weeks ago, signaling the imminent groundbreaking of the $360 million Washington Gateway, and now MRP Realty officials have acknowledged that construction is in fact beginning on the mixed-use project.  A groundbreaking ceremony will be announced shortly.

In February 2012, DCMud reported that MRP had moved equipment to the site for preliminary work, but nothing substantial followed.  Now, officials say that construction is beginning on a 14-story, 400-unit apartment building at 100 Florida Ave., NE.  The promotional material states that the building will feature a "brick and metal panel exterior with floor-to-ceiling glass at the prominent corners."  The residential building will be the first of several phases that will eventually include an office component. SK&I designed the building, Davis Construction is the general contractor.

An important component in the growth of NoMa neighborhood, Washington Gateway is bordered by the intersections of New York and Florida Avenues to the west and the Metropolitan Branch trail to the east.  It is also situated one block from the New York Avenue Metro Station and neighborhood amenities including Harris Teeter.

Washington Gateway will join Archstone's First and M 469 luxury apartments and Mill Creek's Trilogy NoMA project (pictured, at left) which includes 603 units, just to name a few of the "3,500 residential units delivered or under construction."

Update:  Developers say the project will be in 3 phases, with 2 and 3 being office buildings.  The project will break ground Sept. 12.

Washington D.C. real estate development news

Thursday, July 19, 2012


Progression Place may be only one of numerous projects underway in Shaw, but it will be one of the first large development to be completed.  Developers began work in 2010 on with 100,000 s.f. of office space, a 205-unit residential apartment building, and 20,000 square feet of street-level retail. The project was designed by architects Eric Colbert & Associates and Devrouax + Purnell, and built by Davis Construction.
Ellis Development, The Jarvis Company, and Four Points combined forces to build the project above the Shaw Metro station. 

Monday, February 7, 2011

Comstock Partners made the expected announcement today that it has selected Davis Construction to build its underground garage at Reston Station, setting the stage for a "spring 2011" groundbreaking for the 1.3 million s.f. facility on the new Silver Line. Comstock had previously projected a March start to the project in order to get the garage open in early 2013 when the Metro line is scheduled to run its first train. Davis has already been at work building the other parking component on the site for Fairfax County, but today's announcement kicks off what will be the start of new "office, retail, residential and hotel uses in multiple buildings surrounding a public plaza," according to a Comstock press release.

Comstock's massive mixed-use project is planned 3/4 of a mile east of Reston town center, the developer plans to build the 500,000-s.f. residential component as the first step in the process. The two towers will have 205 and 370 units, 19.5% of it designated for workforce housing.






Reston, Virginia, real estate development news

Saturday, February 5, 2011

One of Shaw's chief development projects, slowed by lost tenants and missed start dates, is finally having its day as developers celebrate a "groundbreaking" Monday for a project that began in late 2010. Developers of Progression Place began work last December on the 320,000 square foot, $150 million development, with 100,000 square feet office space, a 205-unit residential apartment building, 20,000 square feet of street-level retail, but on Monday its developers will fete themselves and the sale of an office condo to anchor occupant United Negro College Fund (UNCF).

UNCF officially purchased half the project's office space on December 24th, but developers were already doing site work on the vacant lot in anticipation of the settlement and Eagle Bank's $13m loan made possible by the sale, which was in turn made possible by the city's $3.6m financing subsidy for UNCF. Ellis Development, The Jarvis Company, and Four Points combined forces to build a project that would be hard to overestimate in importance as a beacon for Shaw's development, adding housing, jobs and retail in an area that had little investment in any of those markets. Progression Place is adjacent to the Howard Theater, also being developed by Ellis, and will build in parking for the historic theater and add a rebuilt Metro entrance.

UNCF's office condo and the "7th Flats" will both be ready for occupancy in mid 2012. With a new library in place just to the south, and the Convention Center Marriott already underway, the O Street Market remains the largest holdout that could tie together development along the 7th Street corridor.

Design is being handled jointly by architects Eric Colbert & Associates and Devereux and Associates, and built by Davis Construction and Gilford Corporation. The public ceremony will be held at the Lincoln Theater at 11am on Monday.

Washington DC real estate development news

Tuesday, January 4, 2011

With a bulldozer on-site and several golden shovels in hand, Abdo Development celebrated the groundbreaking of Gaslight Square this morning, the first for-sale condo project to emerge from the post-recession Northern Virginia economy. Actual construction on the 120-unit project will begin later this week, with James G. Davis Construction Corporation serving as general contractor. Design is courtesy of Abdo's in-house architects, with Reston-based Architecture Incorporated designated as the architect of record. The combination of red-brick and large black-rimmed industrial windows is an apparent play off the Wooster and Mercer Lofts next door.

The land for the $82 million project was purchased in 2007, with the plans approved shortly after and the large plot of land cleared, fenced, and poised for action; but like so many other projects, the busted housing bubble and subsequent market collapse derailed plans. Thankfully, D.C.-based Federal Capital Partners have bravely stepped in with $24 million in equity and mezzanine financing, with United Bank chipping in another $48 million worth of construction financing. The injection of capital will at least get phase one under way, the first of three proposed four-and-a-half-story, 40-unit buildings as well as the platform for building number two. Depending on how sales go with the first phase, explains Jim Davis, Principal of Davis Construction, the rest of the development with progress accordingly. "Construction of the first building should take roughly a year," says Davis, putting an initial delivery in early 2012.

Each building will be separated by a wide, landscaped quad, complete with sidewalk, trees, benches, and gaslights, hence the name, but will not feature any other amenities - no pool, concierge, gym, etc. - in order to minimize the condo fees, which have grown in surrounding condominiums. One of the most innovative features of these units, says Davis, is the elevator-cum-condo-entrances, allowing residents to park below grade and take the elevator directly into their unit (Davis credits Abdo with the idea, though its been used as nearby as Turnberry Towers, as well as in DC). Placing the stairs and elevator shaft directly between two units also provides for improved sound and odor control, and "eliminates the normally inhibitive front entrance corridor, allowing light to enter each unit from both sides, similar to a townhouse," says Davis. Ranging from $700,000 to $1.4 million in price, the one and two-bedrooms will offer anywhere from 1,200 to 2,000 s.f. of space, as well as private outdoor terraces.

With Skanska's mixed-use project having broken ground across the street, and Monday Properties racing to construct the tallest building this side of the Potomac, its certain that Rosslyn is heating up.

Rosslyn, VA Real Estate Development News

Monday, September 6, 2010

When it comes to development along the new Dulles Corridor Metrorail Silver Line, connecting downtown Washington D.C. to Tysons Corner and Dulles Airport, developers think big. Reston Station, a transit-oriented, mixed-use development soon to be brought into the orbit of Washington DC as the terminus of Phase 1 of the Silver Line, is no exception. Zoned for 1.3 million s.f. of development and incorporating three office buildings, two residences, one hotel, retail space and a 2300-car underground garage, developers expect to break ground on the garage next March and start the residences in late 2012. Davis Construction, now at work on Reston Station's county-sponsored underground garage, intends to complete work by 2013 to sync with the Silver Line's debut.

Comstock Partners, the Reston-based developer behind the vision, is just now beginning to market to prospective office users and hotel operators to fill up the 60,000 s.f. of retail, 650,000 s.f. of office space, and 220-key hotel that have been planned 3/4 of a mile east of Reston town center. Comstock has just begun design process for the 500,000 s.f. of residential space with the search for an architect, but already plan pair of residential buildings, 205 and 140 feet high, with a total 370 units, 19.5% of it designated for workforce housing.

Turning what looks, at least aerially (mislabeled picture above courtesy of MWAA), like a land of parking lots dotted occasionally by office buildings, into a community that is "edgy, contemporary, with easy living and walking to the Metro" as Comstock's Maggie Parker puts it, will require a bold metamorphosis. Anchored by the indispensable Metro station, various groups are working to design a more urban Reston. Reston 2020, a committee of the Reston Citizen's Association, which represents residents of Reston in the Reston Master Plan Review process, has outlined its own optics for the area, A Strawman Proposal for The Wiehle Area Metro Station, that envisions a thriving mixed-use, beyond 9-5, transit-oriented community. The group calls for increased residential uses, pedestrian and bike interconnectivity along the Silver Line corridor, embracing the urban center paradigm and integration of growth along the corridor. According to Penniman, Strawman Proposal author and board member of the Reston Community Center,
"Reston is a wonderful, planned community of urban and village centers, but running in the middle of it is the toll road, which has historically been lined with office buildings. With the arrival of the Metro and three stations running through Reston, there is an opportunity to add some urban flavor that would allow more people to live, work, walk and play...If we can create more pedestrian connections and manage traffic, that should do a lot to energize the corridor and would fit in well with the image of Reston as a community of open spaces and quality architecture."
Not everyone would agree that Reston calls to mind architectural splendor or exudes urbanity, but Comstock hopes their site next to the Metro will afford the opportunity to change that. Comstock plans on entering Reston Station in the running for LEED-ND (LEED for Neighborhood Development) certification, a relatively new category in the LEED rating system, which the US Green Building Council, the Congress for New Urbanism and the Natural Resources Defense Council developed collaboratively to certify neighborhoods that are planned according to smart growth principles with attention to urban planning and environmental design characteristics at the community scale.

Debate on the project has focused on traffic mitigation from the beginning. The Metropolitan Washington Airports Authority began increasing tolls on the Dulles Toll Road last January by 33% to help finance the Silver Line, with further toll increases expected in 2012. With increasing gas prices and suffocating traffic, the commute along the toll road has become less sustainable.

Comstock's Parker says the developer has focused on traffic management from the start, making the most of the pedestrian bridge that will link its project to the Metro station. Planners have designed Reston Station Blvd. as a new cross street, "an east-west spine road parallel to both Sunset Hills Road and the Dulles Toll Road provides a key cornerstone to the ultimate goal of a well-planned grid of streets." "We have proffered to significant traffic modifications to accommodate the suggested increase in traffic with the arrival of Metro. We are also committed to conducting other traffic studies as the development progresses through an aggressive Transportation Demand Management plan designed to reduce automobile trips generated by the office and residential uses" explained Parker.

Ultimately, construction timelines will be determined by economic realities, with even citizens groups acknowledging that "development will not proceed as fast as might have been thought a couple of years ago." With three years to go until the Metro station opens, time will tell what awaits sojourners venturing out to the end of the new metro line.

Reston, Virginia, real estate development news

Monday, July 19, 2010

The District has finally come up with a plan for a long-vacant building in southeast DC that once served as the printing plant for the Washington Star, turning a physical and fiscal black-eye into what District officials say will be "a bold move" to improve the neighborhood. The District government began leasing the property in 2007, a controversial arrangement when the city failed to use the building. DC purchased the property outright last year for $85.2m in the hopes of converting its liability into productive space and has now partnered with development giant StonebridgeCarras. The five-story building at 225 Virginia Avenue remains the largest empty building near the Nationals Stadium.


Scotching plans to add on to the five-story building, the city will now renovate the interior and redesign the exterior to add "a lot glass that will allow natural sunlight to filter through the building," according to Jason Yuckenberg of the Department of Real Estate Services for the District. The revamp will also earn a LEED Silver certification, incorporate the largest green roof owned by the District government, and provide space for a public gallery to "showcase the vast art collection of the DC Commission on the Arts and Humanities."

The city will continue to own the land in a lease-leaseback arrangement with StonebridgeCarras. Details on how the city selected StonebridgeCarras were not immediately available, but according to Yuckenberg, the city "approached a number of people in the community about working with us on this project." StonebridgeCarras principal Doug Firstenberg tells DCMud the city's first RFP for the building went nowhere, after which the developer came up with the current lease plan financed through a private placement bond issue. Ultimately what they wanted was to own the building through creative financing" says Firstenberg.

Under a signed agreement, DC will lease the property to the developer, which will finance construction of the renovations, then lease it back to the city for $8.4m per year to be used as office space for several District agencies. The property will revert to the District at the end of the 20-year agreement. The District intends to build a data center and is seeking an occupant for the 50,000 s.f. of available space, stipulating that the data center tenant, a typically heavy energy consumer, "not adversely affect the LEED certification process" according to Yuckenberg.

The current structure, which has "virtually no windows, and is really drab and dreary," acknowledges Yuckenberg, is surrounded by ongoing improvements to the Capitol Riverfront neighborhood, including EYA's Capitol Quarter housing project and adjacent Canal Park, which is expected to break ground within the next few weeks. The street will get its own revamp when CSX scrapes off Virginia Avenue to add capacity to the train line below it. Construction is expected to begin in November; the District has already begun interior demolition to make way for construction. The development team will include architects from DC's Hickok Cole, Davis Construction as a general contractor, and Rand Construction for the interiors. Firstenberg expects full occupancy by June of 2012.

The property was originally intended to be a 1st District Police substation and evidence warehouse for the Metropolitan Police Department (MPD), which has since moved elsewhere. After two years of paying $6.5 million in annual rent (nearly $550,000 a month), the District raised the ante by purchasing the site. Washington DC officials say the move will "save District taxpayers more than $60 million over the previous arrangement."

The District recently issued a Request for Offers (RFO) to sublease the 50,000-s.f. data center, responses to which are due by July 30, 2010; the city will sponsor a site visit for the space tomorrow.

Washington DC real estate development news