Showing posts with label MRP Realty. Show all posts
Showing posts with label MRP Realty. Show all posts

Sunday, November 11, 2012

Georgetown's Washington Harbor is coming back to life.  A flood devastated the retail pavilion in March of 2011, when high water in the Potomac filled the parking garage and nearly submerged several restaurants, but restaurants have since been revamping and only one retail bay remains vacant. With several anchor restaurants on the lower level having reopened last month, the harbor is slowly returning to its former glory, or perhaps better, as the fountain - never the best part of the complex - has been reconfigured into a winter ice skating rink.  Owner MRP Realty expects work on the complex to be completed by Thanksgiving.



Tony & Joe's

Tony & Joe's







Monday, September 24, 2012


Late last week, a zoning commission meeting brought the RiverFront on the Anacostia project one small step closer to fruition.

The 1.1-million-square-foot mixed-use project, which was designed by SK&I architects and is situated on the Anacostia River just south of Nationals Park, had a hearing in front of the DC Zoning Commission Thursday night. While commissioners were noncommittal, requiring supplemental information from Florida Rock Properties (FRP) and Mid-Atlantic Realty Partners (MRP), the developers, the coup was a letter of support from the local ANC commission covering the site.


The zoning commission originally approved plans for the 5.5 acre site back in 2008, but the developers proposed last year to change the project’s first phase from office space to 300-350 residential units, given the current dismal situation for office space in the neighborhood. A February 2012 hearing didn’t go well—the commissioners all but told the developers to start all over with the designs—but John Begert with MRP Realty said this one seemed a little better, though he didn’t draw any conclusions. “We feel like our presentation went pretty positively, and that’s kind of all you know,” he said.

The commissioners tasked the developers with sending in additional information, including clarifications on the project’s roof plan and how an alley running through the development will be designed. The developers will submit the information within two weeks, but the commission may not make a decision until later this year or even early 2013.

Still, support from the ANC was good news.  "After presenting at multiple monthly ANC meetings and working with the ANC and my SMD’s Citizens’ Development Advisory Committee, the development team presented a final plan this month that we were happy to support,” wrote ANC 6D commissioner David Garber, whose district includes the site, in a letter dated September 20. “The elements of this most recent plan that we hope you will join us in specifically supporting are its engaging architecture, creative and usable public space, ground floor and roof-top retail, and the promised play installation designed specifically for children that is noted in the plan but will be laid out as part of a future phase of the PUD.”


The project’s first phase is a nine-story building that will feature almost 19,000 square feet of retail space and a small amount of affordable housing; 8 percent of its residential units will be priced at 80 percent of the area median income. The project will also include an expansive public section: picture wide green lawns, wetlands-type areas that act as bio-filtration mechanisms for stormwater management, and tree covered spaces, as well as a marina that could accommodate up to 50 boats.

The project, a former concrete plant, is set at the foot of the South Capitol Street Bridge, and has been in the works off and on since 1998.  The developers have more plans for the property, but subsequent phases are several years down the road.

Washington D.C. real estate development news

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

Friday, May 25, 2012

MidAtlantic Realty Partners, LLC (or MRP) announced it has a new joint-venture partner in ASB Real Estate Investments to build its previously announced Class A “trophy” office building planned at the southwest corner of Ninth and G Streets in Penn Quarter and intends to begin construction this summer. The former investment partner was Rockpoint Group LLC.


Regardless of the change in ownership, it doesn’t appear that anything else will be different - MRP is still going to the dance, just with a new date on its arm.

Construction on the former National Capital Area YWCA site is set to commence this summer, and it’s still planned as a nine-story, 112,000 s.f., LEED Gold building with a glass curtain wall. It’s also still being designed by San Francisco-based Gensler.

So life’s pretty much the same 900 G Street, and for MRP, save for the hand that feeds it.

Washington D.C. real estate development news

Monday, March 19, 2012


Work to upgrade the retail level of Georgetown's Washington Harbour has begun, owners MRP Realty and Rockpoint Group LLC announced today. Washington Harbour is undergoing a $20 million exterior renovation led by architecture firm Gensler and general contractor Clark Construction, after a flood pushed out the restaurants that once lined the riverfront pavilion.

Some of the most significant changes are slated for the lower level. Those upgrades include retail storefront improvements and a revamped fountain with lights and animated jets that will double as a 12,000-square-foot ice skating rink in the winter.

Work on the lower level is scheduled for completion in the fourth quarter of 2012, and the fountain will be completed by the end of this summer.

Rendering courtesy of Gensler Architects.