Takoma Central Underway

Its been a long time coming, but construction at Takoma's metro-centered residential project is at last underway.  Developers have begun work at 233 and 235 Carroll Street, on the District's side of Takoma, on 2 buildings that add 150 rental apartments to the traditionally tranquil neighborhood.

Development partners Federal Capital Partners (FCP) and Level2 Development, (in a crowded field of partners that includes MCZ and SGA Architects), began work last week
on the pair of buildings designed by SGA Architects, a 4-story building at the corner of Maple Avenue and a 5-story adjacent building closer to the Metro station.

Now actively under construction, Level2 partner Jeff Blum says construction to start moving up from the bottom of the hole will commence "within the next few weeks."  His plan incorporates the original 4-story building, plus a new 5-story, warehouse-like building to the west, along with new mandates on what to build.  "The original project was designed and permitted under a set of zoning regulations that did not include the Takoma Overlay [increased density] nor inclusionary zoning [affordable housing requirements]. "  The ANC initially argued against the height, but Blum notes that the higher density is permitted under the new zoning, a decision he says is "appropriate because it is only a few hundred feet from the Metro station."

Each building will have its own parking garage (about 100 spaces total), with a total of 9700 s.f. of retail space.  The buildings will be wood-framed over concrete, with differing architectural styles - the 4-story building featuring an "art-deco flavor," and the other a 19th century red brick, warehouse style apartment building.  A "3-story glassy hyphen" will connect the two.  Developers are shooting for LEED certification this time around, and expect completion in March of 2014.

The project has long stuttered, and for those that enjoy the long, twisted tale that accompanies many development projects, the tale of Takoma Central doesn't disappoint.  Bethesda-based architecture firm SGA purchased the lot for redevelopment in 2004, with plans to build Ecco Park condominiums - "green," but not LEED certified, said the owner.

To prep, the developer partially remediated the soil on the former gas station site, then announced the project in 2006.  With nothing more than clean dirt at the site, the SGA sold a third of the 85 condos, but the coming housing bust forced the developer (and financial partners) to rethink, and like many other condo projects, the development went rental.  At least on paper.

Returning deposit checks, SGA announced the project would still go forward, now as an apartment building.  But financiers were as scarce as condo buyers, and it was not until August of 2010 that the developer thought it had a financial partner, and Ellisdale was awarded a $13m construction contract.  But financing was elusive, and it was not until early 2011 that Level2 and MCZ entered the picture to partner with SGA, acquiring the second site and expanding the scope of the project.  Finally, earlier this year, FCP joined the fray and the site took on new life.

"This is a neighborhood that is thirsting for new retail" says Blum of Level2, noting that the new streetscape "will better connect the Metro station to the existing shopping area on the Maryland side."  In addition to the extra retail frontage, Blum says the sidewalk "is going to be vastly improved" - "from a 4-ft path of lose bricks and other obstacles" to an 18-foot wide space, including 6-foot sidewalk and space for a sidewalk cafe, for "a much nicer, and safer, pedestrian experience." Hamel Builders is doing the construction.  Finally.

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Takoma's Long Awaited Residences May Be Underway Soon

Long thought to be another dormant development, turned rental then stalled even after Domus Realty presold nearly half of 85 units in 2008, the Ecco Park project in Takoma, at 235 Carroll Street, is now reported to be back on track. Ellisdale Construction, responsible for mixed used developments such as Moderno and Riggs Place, was awarded the $13 million contract earlier this week to build the four-story building, containing 5-6 thousand s.f. of retail, and 70 below-grade parking spots. The building was designed and developed by Bethesda-based SGA Architects and will include a few environmentally friendly features such as a green roof and recycled materials, but is unlikely to receive a LEED certification. Even without the rating, architect Sassan Gharai confidently described Ecco Park as "the building equivalent of a hybrid car." Financiers are hopeful that it sells better than a hybrid car.

No tenants for the retail space have been selected, and the development team is still undecided on whether the building will be built and marketed as entirely rented units or for-sale units. Dan Ford at Ellisdale said a mix of rentals and for-sale condos is technically possible but not exactly the most attractive option from a marketing standpoint; however, their team has accounted for each scenario in their budgeting strategies, and SGA effectively opted for that on Capitol Hill when its Butterfield House condominium real estate project failed to sell all its units after 3 years of marketing and rented unsold units.

Patios or balconies are planned for a majority of units; and a combination of brick veneer, metal and glass paneling, and stucco siding will make up the palette of materials used in creating the exterior fenestration. The building will be a wood frame structure secured over podium slab. Ellisdale President Kevin Ash explained, "We’re really excited about this project; it really is what we do best. With the economics of construction what they are today, wood-frame buildings really hit the sweet spot between density and cost. We’re finding this building type to be the most able to be financed right now.” Dan Ford insisted that the wood frame technique has been perfected by their construction engineers to mitigate common problems such as fire safety and noise transference, enabling them to build safely and keep their budget slim.

A popular technique on the West coast for some time, podium slabs are now becoming a more common occurrence on East coast construction sites. An efficient design solution for up to 4-story residential projects with underground parking, like Ecco Park, this special type of foundation system effectively distributes the weight-load from the wood-frame above the slab to walls and pillars below. This technique is not only cost effective, but also environmentally responsible, reducing concrete usage. The cement industry is considered to be one of two principle producers of CO2, accounting for as much as 5% of worldwide emissions.

The site, adjacent to the Takoma Metro, formerly home to a truck rental facility, and a gas station before that, needed loads of contaminated soil replaced and the excavation of several rusted-out oil drums before it was properly suited for construction. That preliminary work was done over two years ago, and the dirt there has had plenty of time to sit idly by, pondering its future. But ground is expected to finally be broken this fall (somewhere between October and January). Constructions is anticipated to span approximately fifteenth months, meaning a delivery date cannot be expected until at least early 2012.

Washington D.C. Real Estate Development

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