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BOARD MEMBERS
The Washington, DCEconomic Partnership
would like to acknowledge our corporate
sponsors whose continued financial support
has made the DC Development Report:
2014/2015 Edition possible.
Jennifer Eugene/Secretary
Washington Gas
Joseph L. Askew, Jr., Esq.
Verizon
Steven C. Boyle
EDENS
Jean-Luc Brami
Gelberg Signs
Kenneth Brewer
H St. Community Development Corporation
Sean Cahill
Property Group Partners
Donna M. Cooper
Pepco
Daniel Duke
Bohler Engineering
Angela Franco
Greater Washington Hispanic Chamber of Commerce
Brett Greene
American Management Corporation
Michael J. Haddad
Capital One Bank
Tonya Hill
Comcast Business
Carl Hairston
M&T Bank
Stan Jackson
Anacostia Economic Development Corporation
Norman Jemal
Douglas Development Corporation
Greg Leisch
Delta Associates
Chester McPherson
DC Department of Insurance, Securities, & Banking
Rafael Muniz
The JBG Companies
Lisa Mallory
DC Building Industry Association
Thomas Nida
United Bank
Chris Niehaus
Microsoft
Scott Nordheimer
Urban Atlantic/A&R Development Corporation
Greg ODell
Events DC
Marc Ratner
Streetsense
Eric E. Richardson
DC Office of Cable Television
Rabbiah Robbie Sabbakhan
DC Department of Consumer & Regulatory Affairs
Tara Scanlon
Holland & Knight
Michael Stevens
Capitol Riverfront BID
Robert Summers
DC Department of Small & Local Business
Development
Mitchell Weintraub
Cordia Partners, LLC
Development
Report 2014/2015 edition
Image courtesy of Akridge
a publication of the
in partnership with
ABOUT
THE DC DEVELOPMENT REPORT
The DC Development Report is a summary of the major development and construction projects in the District of
Columbia. The Washington, DC Economic Partnership (WDCEP) began tracking development activity in 2001 with
the hope of creating a comprehensive database that would answer a number of questions in regards to the construction
activity in the city. The Report summarizes our entire database of projects, highlights major projects and what lies
ahead for development in the District of Columbia.
This update of the DC Development Report is an overview of development activity and of the expansion occurring in
DC. As a resource book, it is a compilation of nearly 14 years of data collection and research that provides an overview
of an ever-changing development and construction cycle.
The WDCEP performs an annual development census in the month of September and receives contributions from
more than 100 developers, architects, contractors and economic development organizations. This outreach results in
updates to more than 350 projects. While our database of projects is constantly being updated, for the purposes of this
publication all data reflects project status, design and information as of September 2014.
In 2014 the WDCEP partnered with CBRE to provide an economic overview of DC and in-depth analysis of the office,
retail and residential markets. Although every attempt was made to ensure the quality of the information contained in
this document, the WDCEP and CBRE makes no warranty or guarantee as to its accuracy, completeness or usefulness
for any given purpose.
For more information please see our Methodology section.
TABLE OF
CONTENTS
1. DEVELOPMENT OVERVIEW
6 Economic Overview
12 Summary of Projects
14 Most Active Developers, Architects & Contractors
2. DEVELOPMENT BY SECTOR
19 Office
31 Retail
45 Residential
59 Hospitality
69 Education
3. APPENDIX
82 Methodology
85 Acknowledgements
JBGR.COM
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DEVELOPMENT
OVERVIEW
Economic Overview / Summary of Projects / Most Active
ECONOMIC
OVERVIEW
Change (%)
September 2009-2014
Change (000s)
Change (%)
2.1
17.1%
3.2
28.6%
Manufacturing
-1.7
-68.0%
-0.4
-33.3%
Wholesale Trade
0.3
6.5%
0.4
8.9%
Retail Trade
3.9
22.3%
3.8
21.6%
-1.3
-23.6%
-0.2
-4.5%
Information
-6.8
-28.3%
-1.4
-7.5%
Financial Activities
-1.6
-5.2%
2.0
7.4%
12.7
8.8%
12.4
8.5%
36.0
39.1%
24.7
23.9%
18.9
36.6%
11.9
20.3%
Other Services
9.8
16.5%
5.0
7.8%
Federal Government
8.7
4.5%
-0.7
-0.3%
Office Employment
Office-using employment in DC continues struggling to
regain its footing as a result of the substantial cuts in federal
government employment. Between September 2013 and
September 2014, office-using employment experienced a net loss
of 700 jobs. Although the Professional and Business Services
Information
Financial Activities
Professional and Business Services
Other Services
September 2013
September 2014
Change (000s)
Change (%)
17.1
17.2
0.1
0.6%
0.3%
28.8
28.9
0.1
155.0
157.8
2.8
1.8%
69.2
69.1
-0.1
-0.1%
Federal Government
204.5
200.9
-3.6
-1.8%
474.6
473.9
-0.7
-0.1%
1. U.S. Census
Economic Overview
POPULATION GROWTH
Young Professionals
Young professional aged 25 to 44 years continue to constitute a growing share of the population in DC. According to the U.S. Census
Bureau, between 2004 and 2013, the share of the population within that age group grew by 3.6 percentage points, and now represents
36.5% of the overall population.
Birth Rate
The birth rate in DC has been on a downward trajectory over the past five years, but has remained elevated relative to the U.S. In the
past ten years, DC saw the highest birth rate level in 2008, when there were 15.4 births per 1,000 population. The latest available data
show this number has declined to 14.9 births per 1,000 in 2012.
Birth Rate
(# of Births per 1,000)
Age 25 to 44
14.3
14.5
14.7
15.1
15.4
15.1
15.2
15.0
14.9
n/a
14.0
14.0
14.2
14.3
13.9
13.5
13.0
12.7
12.6
n/a
567.8
567.1
570.7
574.4
580.2
592.2
605.1
619.6
633.4
646.5
186.6
185.7
188.0
190.2
193.0
199.1
208.0
218.5
227.7
235.8
32.9
32.7
32.9
33.1
33.3
33.6
34.4
35.3
36.0
36.5
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
EMPLOYMENT TRENDS
Public vs. Private Sector
DCs public and private sectors have seen divergent employment trends during the past several years. When the U.S. economy was
rocked by the financial crisis, the private sector saw declining job growth. Since the recession, however, the private sector has made
great strides to reach pre-recession levels of employment, growing 13.5% between September 2009 and September 2014. Meanwhile,
public sector employment experienced large job gains in the aftermath of the recession due to the federal governments stimulus plan.
Since 2009, however, public sector employment has dropped about 0.1% per annum, or 0.5% over the span of five years.
Legal Services
Employment in the Legal Services sector in DC reached its peak in July 2008 with almost 38,000 employees, though it quickly
plummeted thereafter with the onset of the Great Recession. Since 2012, employment has leveled and hovered around the 30,000
employee mark. A subsector of the Professional and Business Services sector, Legal Services has observed dwindling employment with
a 14.7% drop over the ten-year period from September 2004 to September 2014. Most of this employment decline is concentrated in
the latter five years during which the average annual rate of decline measured 2.4%. Law firms are among the top tenants in DCs 125
million-sq.-ft. office market, occupying approximately one-third of the entire market.
ECONOMIC
OVERVIEW
Educational Services
The Educational Services sector has observed a significant boost in employment over the past ten- and five-year periods. Between
September 2004 and September 2014, employment rose 54.7% with the addition of almost 22,000 jobs. Most of this employment growth
has been concentrated in the past five years, during which 17,700 people were added to the sectors payroll. Although not an occupier
of office space, the Education sector is expected to continue expanding with the boom in eds and meds, particularly in DC and the
surrounding metropolitan area.
September 2009-2014
Change (000s)
Change (%)
AAGR (%)
Change (000s)
Change (%)
AAGR (%)
Total Private
72.3
16.2%
1.6%
61.4
13.5%
2.7%
Total Public
7.1
3.1%
0.3%
-1.2
-0.5%
-0.1%
Legal Services
-5.0
-14.7%
-1.5%
-3.9
-11.9%
-2.4%
Educational Services
22.0
54.7%
5.5%
17.7
39.8%
8.0%
14.0
27.0%
2.7%
7.0
11.9%
2.4%
INVESTMENT SALES
Foreign Purchasers
Foreign office real estate investment in DC has seen a steady increase over the past two years. The following chart represents foreign
capital investment in DC over the past five years. Over 50% of foreign investment purchases were concentrated in the last two of five
years. The capital has stemmed from a diverse group of investors encompassing Asia, the Middle East, and Europe. Israel has consistently
been a leader with regard to the total number of properties purchased.
The year-to-date numbers through Q3 2014 further emphasize the continued interest in DCs office market. Year-to-date, eight properties
totaling over $1.6 billion worth of foreign capital and 3.0 million sq. ft. of space have been purchased. As Europe continues to show signs
of weakness and instability plagues areas of the Middle East and Asia, these figures are expected to remain stable as foreign investors
search for stronger and safer yield.
Economic Overview
Germany
Japan
$813.60
Canada
$739.70
Norway
$719.20
South Korea
$596.00
UK
$586.00
Kuwait
$516.00
Israel
$305.00
Italy
$93.50
Other
$111.10
Total
44
$5,639.40
Foreign Sellers
Over the past two years, foreign capital has been among the least active when it comes to disposition of office assets in DC. Year-to-date
there has only been one disposition in DC from a foreign seller. In 2013, there was a handful, a majority of which came from Wereldhave
N.V.s sale of 1401 New York Avenue and 701 8th Street, NW.
ECONOMIC
OVERVIEW
Price Per SF
$950.0
555 12th St NW
Transaction Date
$450
4Q 2013
$505.0
$640
MetLife, Inc.
1Q 2014
700 13th St NW
$220.1
$851
1Q 2014
1333 H St NW
$127.2
$473
3Q 2014
801 17th St NW
$148.8
$948
1Q 2014
$162.5
$530
Tishman Speyer
1Q 2014
2550 M St NW
$156.0
$753
Tishman Speyer
1Q 2014
55 M St SE
$141.5
$529
4Q 2013
$107.8
$699
Carr Properties
3Q 2014
1775 Eye St NW
$104.5
$564
2Q 2014
2700 Woodley Pl NW
$195.0
$919,811
TIAA-CREF
2Q 2014
$75.0
$344,037
Duball, LLC
3Q 2014
$73.0
$337,963
1Q 2014
$39.0
$295,455
Commonwealth Cooperative
Calomiris Associates
2Q 2014
325 P St SW
$34.9
$156,285
4Q 2013
301 G St SW
$34.0
$117,647
4Q 2013
1921 Kalorama Rd NW
$19.8
$324,590
2Q 2014
1616 16th St NW
$16.0
$280,702
Carmel Partners
2Q 2014
1706 G St NW
$8.0
$333,333
4Q 2013
4000-4016 47th St NW
$7.6
$269,643
4Q 2013
10
Transaction Date
CONTACT US:
DEVELOPMENT
Summary of Projects
OVERVIEW
13.4
12.7
13.1
11.1
10.7
10.4
10.3
10.6
10.4
9.4
9.6
10.3
7.5
4.3
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
YTD
Sq. Ft.
1,084
143,308,246
$43.4
2001
79
10,863,811
$2.2
2002
85
9,189,374
$2.2
2003
96
11,436,328
$3.1
2004
97
11,591,945
$2.8
2005
87
10,153,302
$2.4
2006
102
12,933,180
$3.7
2007
73
11,621,355
$3.6
2008
82
12,178,351
$4.1
2009
86
12,248,868
$4.4
2010
52
7,977,660
$2.5
2011
57
5,944,403
$2.3
2012
66
7,512,581
$2.4
2013
79
11,667,858
$4.8
2014 YTD
43
7,989,230
$2.9
Completed
Under Construction
149
23,095,189
$9.2
2014 delivery
31
2,518,958
$1.2
2015 delivery
82
10,292,102
$3.6
2016 delivery
30
6,236,275
$2.3
4,047,854
$2.1
Pipeline
339
131,692,249
$38.2
Near Term
102
17,432,652
$4.9
Medium Term
104
16,902,091
$4.8
Long Term
133
97,357,506
$28.5
2017+ delivery
1. all projects
12
10.2
MILLION
average square feet of
groundbreakings per year
from 20102013
Summary of Projects
Office
Retail
Residential
Hospitality
Education
236
286
501
166
159
SQ. FT.
51,159,364
6,288,615
53,330,182
16,858,596
13,107,526
UNITS
ROOMS
143.3 MILLION
52,792
12,804
Office
Retail
Residential
Hospitality
Education
17
62
87
22
21
SQ. FT.
3,227,871
1,786,853
10,985,135
2,924,757
3,515,317
UNITS
ROOMS
23.1 MILLION
11,937
2,320
Office
Retail
Residential
Hospitality
Education
24
53
63
21
7
SQ. FT.
UNITS
8,241,631
1,062,165
7,532,460
1,063,449
492,047
8,826
ROOMS
17.4 MILLION
1,207
Office
Retail
Residential
Hospitality
Education
22
50
69
23
6
SQ. FT.
UNITS
5,419,613
946,108
8,276,012
2,006,455
84,000
8,790
ROOMS
16.9 MILLION
1,514
Office
Retail
Residential
Hospitality
Education
58
78
70
29
20
SQ. FT.
34,540,568
3,541,754
35,293,065
2,303,896
4,061,975
UNITS
ROOMS
97.4 MILLION
35,258
2,129
13
DEVELOPMENT
Most Active
Developers/Architects/Contractors
OVERVIEW
Completed
The figures below list the developers, architects and contractors that have been the most
active in contributing to DCs development activity since January 2010.
Under Construction
Pipeline
24
WC Smith
7
23
20
11
18
14
23
43
11
31
27
12
24
WDG
7
10 24
22
12
Hamel Builders
17
29
4 1
24
Grunley Construction
15
23
22
1. projects completed since 2010, under construction or in the pipeline (excludes government agencies and colleges/universities)
14
42
DEVELOPMENT
BY SECTOR
Office / Retail / Residential / Hospitality / Education
17
Development by Sector
OFFICE
DC Development Report 2014/2015 Edition
19
office
125.4 Million
Square Feet
11.3%
NET ABSORPTION
823,741
$53.17
Office Development
42% Government
Telecommunications
Technology
Renewal +
Expansion
1.3%
Renewal
70%
3%
1.5%
Other
1.7%
BY INDUSTRY
BY DEAL TYPE
Business Services
4.0%
(YTD 2014)
Non-profits/
Business Associations
Creative Industries
1. CBRE Research
26%
4.7%
6.1%
New/Relet
38.7% Legal
2. 800 17th Street was sold to TIAA-CREF and Norges Bank Investment Management for $1,075 per sq. ft. ($392 million) in 4Q 2014 (Washington, Business Journal, 10/31/14)
21
OFFICE
DEVELOPMENT
LOCATION
SUBMARKET
SQ. FT.
DATE
TYPE
NoMa
503,997
3Q 2014
Renewal
Hogan Lovells
East End
384,650
2Q 2014
Renewal
600 E St., NW
East End
298,179
3Q 2014
Renewal
East End
268,866
3Q 2014
Renewal
1301 K St., NW
East End
249,898
2Q 2014
New
Venable LLP
East End
245,000
3Q 2014
New
East End
238,300
1Q 2014
Renewal
East End
220,000
2Q 2014
Renewal
1800 G St. NW
CBD
163,917
2Q 2014
Renewal
East End
147,999
2Q 2014
Renewal
Capitol Riverfront
145,000
1Q 2014
New
CBD
100,087
3Q 2014
Renewal
East End
96,894
1Q 2014
New
1301 K St., NW
East End
79,692
2Q 2014
Renewal
PhRMA
950 F St., NW
East End
73,452
3Q 2014
Renewal
2175 K St., NW
CBD
71,055
3Q 2014
Renewal
USAO (GSA)
Capitol Hill
70,000
2Q 2014
Renewal
10 G St., NE
NoMa
65,609
3Q 2014
Renewal
East End
65,000
1Q 2014
New
Uptown
63,241
2Q 2014
Renewal/Expansion
DC Courts
616 H St., NW
East End
63,000
1Q 2014
Renewal
Palantir Technology
Georgetown
61,000
3Q 2014
New
FCC (GSA)
Southwest
56,500
1Q 2014
Renewal
Mercer Inc
CBD
56,460
1Q 2014
New
IBM
800 K St., NW
East End
56,269
1Q 2014
Renewal
SSA (GSA)
500 E St., SW
Southwest
55,745
1Q 2014
Renewal
CBD
54,771
2Q 2014
New
Verizon
East End
54,035
3Q 2014
Renewal
25 Massachusetts Ave., NW
Capitol Hill
52,944
1Q 2014
Renewal
Accenture
Southwest
52,878
3Q 2014
Renewal
22
Development Overview
Private
3.1
2000
3.3
0.5 3.8
2002
3.3
0.8
2.2
0.6
2001
4.1
2006
3.0
2010
0.9
1.1
2005
4.1
2006
2012
2013
2014
YTD
1.3
1.1
1.3
0.4
3.5
1.2
3.2
3.6
3.6
4.4
3.7
2008
2.0
3.6
1.2
0.2 1.6
2012
0.2 1.2
1.3
0.7
1.2
2014
0.6 4.3
3.2
2016
0.7
3.4
2.4
2.4
2.1 4.5
20151
1
5.9
0.9 1.5
2013
1.8
1.5
2010
2011
6.3
2.8
2007
1.6
0.5
2.0
2.3
3.0
2009
2.9
1.2
4.7
2.8
2004
3.8 0.4
2.0
0.7
2011
0.5
5.3
4.2
4.7
2009
0.4
1.4
2007
2008
3.0
2003
4.9
2.8
4.1
2002
2.9
2004
2005
Government
Government (projected)
3.1
2001
2003
Private
Private (projected)
COMPLETED
Government
0.7
0.3
1.3
0.9
Completed
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014 YTD
236
27
23
19
12
17
25
16
20
23
10
10
8
20
6
51,159,364
6,331,725
3,013,280
2,769,592
3,201,153
3,622,716
5,903,380
4,276,463
3,236,473
6,033,060
3,408,455
2,442,869
1,531,946
4,469,239
919,013
17
1
9
4
3
3,227,871
80,549
1,345,312
938,592
863,418
Pipeline
Near Term
Medium Term
Long Term
104
24
22
58
48,201,812
8,241,631
5,419,613
34,540,568
TOTAL
357
102,589,047
Under Construction
2014 delivery
2015 delivery
2016 delivery
2017+ delivery
3.86
MILLION
1. projections based on targeted delivery dates of projects under construction as of September 2014
23
DEVELOPMENT MAP
OFFICE
22
E
AV
14TH ST.
UT
GEORGIA AVE
TIC
EC
NN
CO
ROCK
CREEK
PARK
U ST.
VE
DA
LAN
E IS
OD
RH
VE
KA
OR
GE
WY
OR
NE
GE
W
AS
HI
G
TO
N
M
E
AL
RI
O
M
Y
W
PK
13
30 23
16
VIRGINIA
66
20
14
10
27
18
21
9
4 28
7 12
15
UNION
17
26 STATION
5
1
25
H ST.
E. CAPITOL ST.
NATIONAL MALL
VIRGINIA
U.S. CAPITOL
11
24
19
FORT DUPONT
PARK
NATIONALS
PARK
M
395
M NATIONAL
AIRPORT
Alexandria
Completed
Under Construction
Pipeline
29
JR.
AV
E.
Development Pipeline
PROJECT
WARD LOCATION
DEVELOPER(S)
OFFICE SF
EST. VALUE
($M) 1
DELIVERY2
CityCenterDC
515,000
$700
4Q 13
1800 F St., NW
GSA
387,824
$161
4Q 13
3 Constitution Square
175 N St., NE
StonebridgeCarras LLC/
Walton Street Capital
344,000
$140
4Q 13
265,480
$110
4Q 13
134,000
$40
4Q 13
Carr Development
124,000
$80
4Q 13
655 K St., NW
Hines/JM Zell
273,200
$115
2Q 14
GSA
180,000
$24
2Q 14
GSA
246,813
$58
3Q 14
10
162,000
$120
3Q 14
National Square
500 D St., SW
342,000
$140
3Q 15
12
Boston Properties
460,500
$150
4Q 15
13
2001 M Street
2001 M St., NW
Brookfield Properties
285,000
14
1849 C St., NW
GSA
250,000
$60
1Q 16
15
185,000
$65
1Q 16
16
122,000
17
381,592
$206
3Q 16
18
Lafayette Building
GSA
466,818
$112
1Q 17
19
Southwest Waterfront
Hoffman-Madison Waterfront
230,000
$806
4Q 17
20
2201 C St., NW
GSA
166,600
$97
2Q 18
1,648,821
$63
2016
4Q 15
1Q 16
GSA
22
620,000
$45
2016
23
1800 K Street
1800 K St., NW
185,000
$40
2016
24
160,000
$190
2016
25
1000 F Street
1000 F St., NW
94,000
$32
2016
26
936,000
27
1700 G St., NW
GSA
503,000
28
Storey Park
350,000
29
GSA
270,000
30
2100 K Street
2100 K St., NW
150,000
1. may include non-office components & pipeline values may include additional phases ($ in millions)
2017
$139
2017
2017
$139
2017
2018
2. delivery date may reflect phase I delivery or final phase delivery for pipeline projects
25
OFFICE
Development Highlights
DEVELOPMENT
Image courtesy of CoStar
WARD
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The 169,000 sq. ft. trophy office building was built on the site of the
SPECS: The former Brutalist-style Third Church of Christ, Scientist building was
demolished and will be replaced by a 140,000 sq. ft. office building with 5,100 sq.
ft. of retail space and a new 11,722 sq. ft. church.
1000 F Street
WARD
WARD
LOCATION:
1000 F Street, NW
Douglas Development Corporation
ARCHITECT(S):
Shalom Baranes Associates
CONTRACTOR(S):
James G Davis Construction Corporation
LEED: Gold EST. COST: $32 million
STATUS:
Near Term
TARGETED DELIVERY: 3Q 2016
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: 1000 F Street will be an 11-story, 100,000 sq. ft. office building with 7,000
sq. ft. of ground floor retail, anchored by American Eagle. An existing two-story
historic structure on the site will be incorporated into the development.
26
Development Highlights
WARD
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The Lumber Shed project is an adaptive reuse of a former Navy Yard
SPECS: The AAMCs new 290,000 sq. ft. headquarters includes 14,300 sq.
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
industrial building used for storing and drying lumber. The two-level 29,500
sq. ft. building was transformed into restaurant space on the first floor (Osteria
Morini, Agua 301, Ice Cream Jubilee) and office space on the second floor (Forest
City Washington).
655 K Street, NW
Hines/JM Zell
Shalom Baranes Associates
Clark Construction Group LLC
Gold
EST. COST: $115 million
Completed
TARGETED DELIVERY: 2Q 2014
ft. of retail space. The four existing buildings on the site were renovated and
incorporated into the final design.
Storey Park
WARD
National Square
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: A 683,000 sq. ft. mixed-use development will be built on the former
SPECS: National Square will be a new 12-story, 342,000 sq. ft. highly secure office
Greyhound Station site in NoMa. Plans call for 350,000 sq. ft. of office space,
65,000 sq. ft. of retail space and 300 residential units. Construction could
start in 2015.
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
500 D Street, SW
Trammell Crow Company
Gensler
Clark Construction Group LLC
Silver
EST. COST: $140 million
Under Construction TARGETED DELIVERY: 3Q 2015
building located at the corner of 6th & D Streets, SW across the street from the
LEnfant Metrorail Station. The existing 134,000 sq. ft. Class-B office building on
the site was demolished.
27
OFFICE
Development Highlights
DEVELOPMENT
WARD
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
SPECS: This eleven-story office building will offer 460,500 sq. ft. of office space
(anchored by Arnold & Porter) and 18,300 sq. ft. of retail/restaurant space. The
main lobby includes a nine-story atrium, scaling down to a two-story space prior
to reaching the West Tower and East Tower elevator lobbies.
WARD
1800 F Street, NW
GSA
Shalom Baranes Associates
Whiting-Turner Contracting Company/
Walsh Construction
Gold
EST. COST: $161 million
Completed
TARGETED DELIVERY: 4Q 2013
SPECS: Phase I involved the complete renovation of 388,326 sq. ft. (gross) of
existing office space and the addition of 102,000 sq. ft. (gross) as new courtyard
infill office space. GSA workers started moving back into the building in 2Q 2013.
WARD
Burnham Place is a three million square foot development that will create a
new neighborhood above the rail yards north of Union Station. Plans call for 1.5
million sq. ft. of office space, 100,000 sq. ft. of retail space, 400 hotel rooms and
1,300 residential units.
28
WARD
LOCATION:
SPECS: 1728 14th Street is a new four-story, 28,500 sq. ft. office building with
14,500 sq. ft. of ground floor and second floor retail space anchored by West Elm.
Bonstra Haresign Architects will occupy the third-floor office space.
Development Highlights
WARD
900 G Street
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
SPECS: 600 Massachusetts Avenue will be a 10-story, 401,000 sq. ft. class-A office
WARD
900 G Street, NW
MRP Realty/ASB Real Estate
Gensler
James G Davis Construction Corporation
Gold
EST. COST: $65 million
Under Construction TARGETED DELIVERY: 1Q 2015
SPECS: The former YWCA building was demolished and will be replaced by
building with 19,418 sq. ft. of retail space. Venable will be the anchor office tenant.
The project involves renovating and moving two row houses on the site.
nine-story, 110,000 sq. ft. office building with 6,500 sq. ft. of retail space.
Capitol Crossing
WARD
Square 5914
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
ARCHITECT(S):
LEED:
STATUS:
WARD
SPECS: The project is adjacent to the Congress Heights Metrorail Station and will
be developed into a 236,000 sq. ft. office building with 8,600 sq. ft. retail space
and a 206-unit apartment building with 6,500 sq. ft. of retail space.
SPECS: Capitol Crossing will be a 2.2 million sq. ft. mixed-use development
built above I-395. Upon full built-out the project will offer 1.9 million sq. ft. of
office space, 63,000 sq. ft. of retail space, 150 residential units and a new Jewish
Historical Society Synagogue. Utility work began in 1Q 2014 with the delivery of
the office buildings (954,000 sq. ft.) in the North Block expected in 2017.
DC Development Report 2014/2015 Edition
29
www.hklaw.com
Tara Scanlon | Partner
Practice Group Leader Mid-Atlantic Region Real Estate
Washington, DC | 202.457.7150
Northern Virginia | 703.720.8600
Development by Sector
RETAIL
DC Development Report 2014/2015 Edition
31
retail
$11.5 billion
1.8 million
square feet
+6.8%
20102013
under construction
1. Office of the Chief Financial Officer (FY 2015 Proposed Budget & Financial Plan) 2. U.S. Census 3. Nielson 4. Destination DC (2013)
5. Nielson 6. Moodys Analytics 7. Harris Teeter (1212 4th St., SE), Giant (3336 Wisconsin Ave., NW) and MOMs (1501 New York Ave., NE) opened in 4Q 2014
Retail Development
DC RETAIL SALES GROWTH (Q2 2014 over Q2 2013, trailing four quarters)
27.3%
12.7%
5.4%
4.5%
1.8%
Gasoline stations
Nonstore retailers
-25.5%
-25%
-20
-15
-10
-5
10
15
20
25
30%
Capitol Hill
Capitol Riverfront
$35 - $50
CBD
$45 - $125
East End
$45 - $125
Georgetown
$55 - $200
H St. NE
$35 - $55
NoMa
$35 - $50
Northeast
Southwest
Uptown
$35 - $70
West End
$40 - $55
33
RETAIL
Development Highlights
DEVELOPMENT
ADDRESS
BUILDING/PROJECT NAME
Lowes2
Walmart
Whole Foods
Marshalls
Saks Fifth Avenue3
Walgreens
Planet Fitness
Old Navy
MOMs Organic Market
GAP
Petco
Theodores3
CVS Caremark
One to One Fitness, Inc.
Momofuku
Paul Stuart
Texas de Brazil
Passion Food Hospitality, LLC
Hugo Boss
Mindful Restaurant Group
Ferragamo
CityCenterDC
CityCenterDC
CityCenterDC
Hecht Warehouse District
CityCenterDC
SQ. FT. 1
NEIGHBORHOOD
136,000
135,000
39,000
29,000
22,055
19,500
19,000
18,000
16,000
14,000
12,000
11,000
10,000
9,000
9,000
8,000
8,000
8,000
6,500
6,000
4,000
1. rounded to nearest thousand 2. purchased a pad site for $3.58 million (Washington Business Journal, 8/21/14) 3. renewal
34
Maxwell Mackenzie
Development Overview
RETAIL PROJECTS (September 2014, retail sq. ft.)
GROUNDBREAKINGS
2000
Projected
COMPLETED
111,800
2001
2002
555,610
2003
2004
570,488
2008
2009
2010
711,923
2005
911,203
2006
262,547
294,862
2007
239,150
378,658
2008
265,276
867,131
2009
301,840
265,943
2010
654,230
2012
2013
369,208
2004
439,866
2011
347,229
2003
2006
2007
311,800
2002
293,481
2005
226,178
2001
323,849
1,035,426
694,485
330,700
2011
312,345
2012
314,324
2013
2014
YTD
1,050,839
1,067,236
20141
491,078
20151
2016
192,337 683,415
841,157
229,359
Completed
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014 YTD
286
18
22
19
22
26
24
22
22
27
10
11
16
28
19
6,288,615
226,178
311,800
347,229
369,208
711,923
294,862
378,658
867,131
265,943
330,700
312,345
314,324
1,067,236
491,078
62
13
31
14
4
1,786,853
192,337
841,157
229,359
524,000
Pipeline
Near Term
Medium Term
Long Term
181
53
50
78
5,550,027
1,062,165
946,108
3,541,754
TOTAL
529
13,625,495
Under Construction
2014 delivery
2015 delivery
2016 delivery
2017+ delivery
28
1. projections based on targeted delivery dates of projects under construction as of September 2014
35
DEVELOPMENT MAP
RETAIL
22
3
14
18
10
CO
E
AV
24
13
U ST.
14TH ST.
UT
ROCK
CREEK
PARK
GEORGIA AVE
TIC
EC
NN
11
15
VE
DA
LAN
E IS
OD
RH
GE
WY
OR
NE
E
AV
RK
12
GE
W
AS
HI
G
TO
N
M
E
AL
RI
O
M
Y
W
PK
5
27 1
29
VIRGINIA
66
28
30
26
4 UNION
17
H ST.
STATION
E. CAPITOL ST.
NATIONAL MALL
VIRGINIA
U.S. CAPITOL
23
19
16
FORT DUPONT
PARK
NATIONALS
PARK
25
M
395
M NATIONAL
AIRPORT
Alexandria
Completed
Under Construction
Pipeline
JR.
AV
E.
20
21
Development Pipeline
PROJECT
WARD LOCATION
DEVELOPER(S)
RETAIL SF
EST. VALUE
($M)1
DELIVERY2
3222 M St., NW
330,000
$32
4Q 13
2 CityCenterDC
185,000
$700
4Q 13
Foulger-Pratt
106,000
4 77 H
86,000
$90
4Q 13
Roadside Development
75,000
$35
4Q 13
93,000
$17
2Q 14
7 Twelve12
88,000
$100
2Q 14
56,915
$150
2Q 14
1420 U St., NW
44,000
$100
2Q 14
10 The Swift
Duball LLC/Safeway
62,000
$65
3Q 14
$130
4Q 14
4Q 13
Cathedral Commons
125,000
12
200,800
13
28,277
$32
1Q 15
14
130,000
$120
2Q 15
15
266,000
$40
3Q 15
16
WC Smith
35,000
$135
3Q 16
17
Apollo
610 H St., NE
75,000
$190
4Q 16
18
Cafritz Foundation
104,000
$117
2Q 17
19
Southwest Waterfront
Hoffman-Madison Waterfront
190,000
$806
4Q 17
20
220,000
$150
2017/18
167,450
$120
2016
4Q 14/2015
22
Georgia Eastern
60,000
23
40,000
$190
2016/17
24
The Line DC
20,903
$100
2016/17
25
The Riverfront
18,650
$100
2016/17
26
Storey Park
65,000
27
Prospect Place
McCaffery Interests
27,600
28
Gateway Market
LCOR Inc./EDENS
27,410
29
Hines
70,000
30
Uline Arena
50,000
2016/17
2017
2017
$55
2017
2018
$120
1. may include non-retail components & pipeline values may include additional phases ($ in millions) 2. delivery date may reflect phase I delivery or final phase delivery for pipeline projects
37
RETAIL
Development Highlights
DEVELOPMENT
Image courtesy of Urban Atlantic
CityCenterDC
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
convention center site includes 515,000 sq. ft. of office space, 185,000 sq. ft. of
retail space and 674 apartments and condominiums.
WARD
LOCATION:
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The redevelopment plan calls for 330 apartments and 200,800 sq. ft. of
retail space on the 9.8-acre site. The historic Hechts Warehouse will be converted
into apartments and retail. An adjacent building will include one floor of retail
below a parking garage. MOMs Organic Market opened a 16,000 sq. ft. store in
November 2014.
38
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
1420 U Street, NW
The JBG Companies/Georgetown Strategic Capital LLC
Eric Colbert & Associates PC
Balfour Beatty Construction
Silver
EST. COST: $100 million
Completed
TARGETED DELIVERY: 2Q 2014
and 44,000 sq. ft. of retail space (anchored by a Trader Joes grocery store). JBG
sold the project to TIAA-CREF in June 2014.
Development Highlights
WARD
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
SPECS: This proposed 11-story, 408,000 sq. ft., 420 to 520-unit residential
building will offer up to 40,000 sq. ft. of retail space. The project is part of the
eight million sq. ft. Union Market District proposed redevelopment vision.
WARD
SPECS: The planned redevelopment of the 18.5-acre Skyland Shopping Center will
occur in phases and result in up to 323,000 sq. ft. of retail space, 485 residential
units and nearly 1,700 parking spaces. Phase I is scheduled to include 220,000 sq.
ft. of retail space (120,000 sq. ft. Walmart) and 250-270 apartments.
ARCHITECT(S):
CONTRACTOR(S):
EST. COST:
STATUS:
WARD
SPECS: The 12-acre site will be redeveloped into approximately 167,000 sq. ft. of
retail space, anchored by a 135,000 sq. ft. Walmart, and 304 apartments.
WARD
LOCATION:
SPECS: 800 New Jersey Avenue will consist of 336 loft-style apartments with 10-
foot ceilings and a 35,000 sq. ft. Whole Foods with two levels of grocery parking
above the store. It is the second phase of the 1.4 million sq. ft. mixed-use Square
737 development.
39
RETAIL
Development Highlights
DEVELOPMENT
CONTRACTOR(S):
LEED:
STATUS:
WARD
77 H
Southwest Waterfront
Hoffman-Madison Waterfront
Perkins Eastman/BBG-BBGM/
Cunningham|Quill Architects PLLC
Gilford Corporation/Clark Construction Group LLC
Gold
EST. COST: $806 million
Under Construction TARGETED DELIVERY: 4Q 2017
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: A former parking lot was redeveloped into 86,000 sq. ft. of retail space,
anchored by a 76,000 sq. ft. Walmart (with 40,000 sq. ft. for groceries), 303
apartments and 9,800 sq. ft. of additional retail/restaurant space. JBG sold the
project to Clarion Partners in early 2014.
SPECS: The 1.86 million sq. ft. Phase I redevelopment of the Southwest
Waterfront will include 230,000 sq. ft. of office space, 190,000 sq. ft. of retail
space, 872 residential units, 683 hotel rooms, 140,000 sq. ft. of cultural and
entertainment space and 1,475 underground parking spaces.
WARD
SPECS: The first phase of the Ft. Totten Square development will deliver 345
apartments, 130,000 sq. ft. of retail space (anchored by a 120,000 sq. ft. urbanformat LEED certified Walmart) and 750 parking spaces.
40
Uline Arena
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
EST. COST:
STATUS:
WARD
SPECS: The Uline Arena project will include the adaptive reuse of the
existing 110,000 sq. ft. masonry arena building and adjacent Ice House. The
redevelopment plan calls for 150,000 sq. ft. of office space and 50,000 sq. ft. of
retail space.
Development Highlights
Cathedral Commons
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: This mixed-use project delivered 57,000 sq. ft. of retail space and 562
apartments in Blocks A1, B and C. Project anchors include The Arts Walk (27
artist studios), Busboys & Poets, Brookland Pint and &pizza. Some portions of
the project started to deliver in 4Q 2013.
SPECS: The former Giant on the site was demolished in 2012 and a new 56,000
sq. ft. store will be built along with an additional 69,000 sq. ft. of retail space and
145 residential units on two separate parcels. The Giant grocery store opened in
November 2014.
Twelve12
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: Twelve12 features a 218-unit apartment building above 88,000 sq. ft. of
retail space, including a 50,000 sq. ft. Harris Teeter (November 2014 opening)
and a 28,000 sq. ft. VIDA Fitness.
WARD
LOCATION:
SPECS: The former 3.56-acre Curtis Chevrolet dealership was redeveloped into a
106,000 sq. ft. Walmart with approximately 40,000 sq. ft. dedicated to groceries,
348 parking space and 37 bicycle spaces.
41
RETAIL
Development Highlights
DEVELOPMENT
Apollo
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
The Swift
610 H Street, NE
Insight Property Group LLC
SK & I Architectural Design Group LLC
John Moriarty & Associates of Virginia LLC
Silver
EST. COST: $190 million
Under Construction TARGETED DELIVERY: 4Q 2016
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
SPECS: The Apollo will be a 431-unit apartment building with 75,000 sq. ft. of
WARD
SPECS: The former site of a 21,000 sq. ft. Safeway was redeveloped into a new
retail space, anchored by a 39,000 sq. ft. Whole Foods. There will also be 442
underground parking spaces and about 165 bicycle parking spaces.
60,000 sq. ft. Safeway grocery store (June 2014 opening) and 218 apartments. A
two-level underground parking garage was also built on the site. Duball LLC sold
the project to Principal Real Estate Investors for $75 million in July 2014.
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: Phase I will deliver 104,000 sq. ft. of retail space (on two levels) and 520
42
Brentwood Park
LOCATION:
DEVELOPER(S):
LEED:
STATUS:
WARD
SPECS: The 20-acre site that currently encompasses the Brentwood Village
Shopping Center and the 535-unit Brookland Manor (Section 8 Housing) will be
redeveloped into a mixed-use neighborhood with 200,000 sq. ft. of retail space
and 2,200 residential units (20% affordable).
9/12/13
9:40 AM
Page 1
ENERGY CREATES
OPPORTUNITIES
We're proud to support the
Washington, D.C. Economic Partnership.
COMING 2017
At the intersection of First and L streets, NE, Storey Park will be at the center of NoMa in every way.
Development by Sector
RESIDENTIAL
DC Development Report 2014/2015 Edition
45
residential
283,172
UNITS UNDER CONSTRUCTION
11,937
1,425
MARKET RATE APARTMENT
NET ABSORPTION2 (4Q133Q14)
2,731
unemployment rate continued along a downward
trajectory, dropping 90 basis points over the year to
8.3% in 2013.
The median home sales price in DC rose 3.0%
over the year from $461,000 in August 2013 to
$475,000 in August 2014. Meanwhile, according
to a report by CoreLogic, DC observed a 7.1%
increase in foreclosure activity between September
2013 and September 2014. During the same month,
DC recorded the 9th highest share of homes in
foreclosures among U.S. states, at 2.3% of inventory.
Residential Development
Age 2544
DC Population
4.5%
4%
4.2%
3.5%
3.2%
3%
2.1%
2%
1.0%
2.2%
2.4%
2.2%
2.1%
1.4%
1%
0.00
2008
2009
2010
DC Apartment Size
The average size of a one-bedroom apartment in DC has been
on a downward trajectory over the past decade. While the
previous unit average was approximately 850 sq. ft. through the
early 2000s, this figure has dropped to around 725 to 750 sq. ft.,
excluding the new phenomenon of micro-units. Renters have
become more interested in assessing the total monthly rent,
rather than the quoted rent per sq. ft. Moreover, the size of
apartments is a function of both the proximity to the Metrorail
as well as the overall monthly rent.
2011
2012
2013
EFFECTIVE
RENT
OCCUPANCY
RATE
Anacostia-NE DC
$1,755
$1,738
93.0%
$1,675
$1,655
96.3%
Capitol Hill-SW
$1,954
$1,951
97.1%
Downtown-Logan Circle
$2,498
$2,474
95.7%
$2,004
$1,999
96.8%
$1,815
$1,767
97.2%
NW DC- Georgetown
$1,948
$1,940
94.3%
$2,190
$2,176
96.0%
NEIGHBORHOOD
Source: Axiometrics
3. Nielson
4. Washington, DC Economic Partnership
47
6T
HS
NORTH CAPITOL ST
1ST ST
FL
OR
ID
K ST
I ST
AA
VE
MO
R
SE
ST
Apollo
H ST
13TH ST
12TH ST
11TH ST
E
AV
F ST
1ST ST
H STREET, NE
1ST ST
EE
AV
E
Stanton
Square
CA
C ST
UNDER CONSTRUCTION
1,335,300
D ST
E ST
Retail SF
829
42,700
1,238
111,700
Market
647,175
623
84,600
3,028,975
2,690
239,000
HALF ST
400
2ND PL
2ND ST
1,500,000
1,500,000
1,300
K ST
3,990
L ST
138
100,000
44
0
16
K ST
2007 2008 2009 2010 2011 2012 2013 2014* 2015* 2016*
339,000
L ST
M ST
Navy Yard
DELA
WAR
E AV
E
N ST
E
Y AV
48
5,943,975
400
M Potomac Ave
I ST
I ST
4TH ST
ERSE
18
2,915,000
E ST
215
395
D ST
484
8TH ST
J
NEW
SOUTH CAPITOL ST
17
St
C ST
738
Condo
G ST
TOTALS
GRAND TOTAL
Rental
432
UTH
PIPELINE
VE
AA
N
OLI
H Eastern
STREET RESIDENTIAL
CAR
VE
YA
Capitol
South 1,046,500
Office SF
K
UC
Total SF
Residential
Units
NT
KE
Projects
Hotel
Rooms
14TH ST
C ST
AV
E
16TH ST
Lincoln
Park
15TH ST
TE
NN
ES
S
14TH ST
Plaza
7TH ST
A
SI
UI
LO
8TH ST
E
AV
G
TO
N
10TH ST
ND
LA
RY
A
M
The Maryland
E ST
Union
A
Development
Summary
N
Station
W
AS
HI
N
G ST
6TH ST
5TH ST
2ND ST
2ND ST
Union
Station
Atlas
Arts
Center
Woolworth
625 H
9TH ST
Burnham
Place
AV
E
4TH ST
TT
S
Station
House
3RD ST
HU
SE
HO
LB
RO
OK
ST
NE
AL
ST
L ST
SA
C
H Street, NE
AV
E
SPOTLIGHT
TR
IN I
DA
D
RESIDENTIAL
AV
E
Noma/Gallaudet U
LO
MO
NT
EL
E
AV
RK
YO
5T
HS
T
1ST ST
N ST
295
TINGEY ST
i
R
ia
Development Overview
RESIDENTIAL DEVELOPMENT (September 2014, units)
GROUNDBREAKINGS
2000
2,272
Rental
3,538
2002
2004
2,390
2,531
2005
2007
2008
2009
1,460
753
240
758
2006
4,365
1,767
2,817
2005
5,837
3,020
2,598
3,575
1,700
3,524
2011
5,004
2012
2013
2014
YTD
3,454
1,399
499
5,672
4,384
4,099
748
911
5,503
556
2,584
2008
2,564
1,574 369
1,718
912
3,428
3,633
482
3,910
2014*
5,010
4,282
1,943
2013
5,132
5,133
1,909
2012
6,228
3,983
2,586
2,721
1,385 524
4,665
3,956
2,128
2,547
2011
635 4,089
1,837
1,828
2007
2010
3,970
446
3,511
591
2,828
2009
173 926
2010
2,920
2004
3,535
2,670
920
2003
4,014
2,817
2006
1,750
2002
6,052
1,914
1,624
1,004
2001
4,686
1,148
4,138
2003
H.O.
H.O. (projected)
2,558
286
2001
Rental
Rental (projected)
COMPLETED
HO
4,499
2015*
3,830
2016*
2,660
42
129
2,161
1,483
119 6,908
5,313
2,702
SQ. FT.
UNITS2
APTS
H.O.3
CONDOS
501
29
32
47
47
45
46
50
41
35
21
22
30
35
21
53,330,182
2,837,032
3,750,300
3,936,855
4,630,970
4,170,870
4,340,551
5,825,803
4,229,734
3,589,130
2,186,187
1,899,277
3,983,523
3,746,803
4,203,147
52,792
2,670
3,511
4,089
4,665
3,956
3,983
5,133
4,282
3,633
1,909
1,943
3,910
4,480
4,628
36,810
1,750
2,920
3,454
2,828
1,828
1,399
2,547
2,564
2,721
1,385
1,574
3,428
3,913
4,499
15,982
920
591
635
1,837
2,128
2,584
2,586
1,718
912
524
369
482
567
129
12,725
409
173
546
1,640
2,061
2,335
2,083
1,649
718
146
269
173
463
60
87
22
48
14
3
10,985,135
2,011,987
4,781,021
2,726,127
1,466,000
11,937
2,280
5,313
2,702
1,642
10,072
2,161
3,830
2,660
1,421
1,865
119
1,483
42
221
1,425
119
1,085
Pipeline
Near Term
Medium Term
Long Term
202
63
69
70
51,101,537
7,532,460
8,276,012
35,293,065
52,874
8,826
8,790
35,258
21,671
6,406
5,791
9,474
5,532
1,190
1,038
3,304
4,566
1,076
671
2,819
TOTAL
790
115,416,854
117,603
68,553
23,379
18,716
Completed
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014 YTD
Under Construction
2014 delivery
2015 delivery
2016 delivery
2017+ delivery
221
1. projections based on targeted delivery dates of projects under construction as of September 2014 2. apartments & homeownership may not total to residential units due to lack of information for pipeline
projects 3. includes condo, single-family, co-op and other for-sale units
49
DEVELOPMENT MAP
RESIDENTIAL
25
16
19
E
AV
14TH ST.
UT
GEORGIA AVE
TIC
EC
NN
CO
ROCK
CREEK
PARK
4 26
15
U ST.
GE
VE
DA
29
LAN
E IS
D
HO
GE
W
AS
HI
10
M
E
AL
RI
O
M
Y
W
PK
5
12
27
1
VIRGINIA
9
3
66
VE
KA
OR
WY
NE
OR
30
11
17 13 18
H ST.
UNION
STATION
8
E. CAPITOL ST.
NATIONAL MALL
VIRGINIA
U.S. CAPITOL
28
20
21
14
FORT DUPONT
PARK
22
NATIONALS
PARK
23
M
395
JR.
AV
E.
M NATIONAL
AIRPORT
Alexandria
Completed
Under Construction
Pipeline
G
TO
N
24
Development Pipeline
PROJECT
WARD LOCATION
DEVELOPER(S)
UNITS
TYPE1
EST. VALUE
($M)2
DELIVERY
CityCenterDC
674
Apt/HO
$700
4Q 13
Camden NoMa
60 L St., NE
321
Apt
$100
4Q 13
77 H
303
Apt
$90
4Q 13
562
Apt
$150
2Q 14
497
Apt
$265
2Q 14
1420 U St., NW
268
Apt
$100
2Q 14
Elevation at Washington
Gateway
MRP Realty
400
Apt
$130
3Q 14
Park 7
376
Apt
$60
3Q 14
2 M Street
314
Apt
$95
3Q 14
281
Apt
$80
3Q 14
406
Apt
$54
4Q 14
12
415 L Street
415 L St., NW
393
Apt
$100
4Q 14
13
Station House
Fisher Brothers
375
Apt
$100
1Q 15
14
Park Chelsea
WC Smith
429
Apt
$150
2Q 15
15
372
Apt/HO
$124
2Q 15
16
345
Apt
$120
2Q 15
17
60 L St., NE
406
Apt
$130
1Q 16
18
Apollo
610 H St., NE
431
Apt
$190
4Q 16
19
Cafritz Foundation
520
Apt
$117
2Q 17
20
Southwest Waterfront
Hoffman-Madison Waterfront
872
Apt/HO
$806
4Q 17
365
Apt
22
Ballpark Square
325
Apt
$150
2016
23
The Riverfront
321
Apt
$100
2016
24
304
Apt
$120
2016
25
Georgia Eastern
220
Apt
26
213
Apt
$50
2016
27
164
Apt/HO
$150
2016
28
156
HO
$190
2016
29
116
Apt
$37
2016
30
Gateway Market
LCOR Incorporated/EDENS
188
Apt
$55
2017
2016
2016
51
RESIDENTIAL
DEVELOPMENT
Development Highlights
The Harper
WARD
1011 M Street
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The Harper is a seven-story, 144-unit apartment building with 6,000 sq.
SPECS: An existing parking lot on the northeast corner of 11th & M Streets will
1011 M Street, NW
Community Three Development
ARCHITECT(S):
Torti Gallas & Partners
EST. COST:
$30 million
STATUS:
Near Term
TARGETED DELIVERY: 1Q 2016
ft. of ground floor retail. Units feature studios and one-bedrooms and range in
size from 350 - 600 sq. ft.
WARD
Park 7
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Parcels A & B of the former Atlantic Plumbing site will be redeveloped
into two mixed-use buildings totaling 310 apartments, 62 condos and 23,700 sq.
ft. of retail space. The retail will be anchored by a six-screen Landmark Theater
and seven art studios.
52
WARD
Avenue Metrorail Station, was redeveloped into 376 apartments and 22,000 sq. ft.
of retail space.
Development Highlights
WARD
Ontario 17
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Park Van Ness will replace a seven-story office and retail building with an
11-story residential building with 271 apartments, 10,000 sq. ft. of retail space and
224 underground parking spaces.
WARD
Road is being redeveloped into 80 condominium units and 9,000 sq. ft.
of retail space.
Trinity Plaza
WARD
Lyric
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
ft. of retail space in early 2014. Baked & Wired will open a 4,231 sq. ft.
cafe/bakery in 2015.
440 K Street, NW
The Wilkes Company/Quadrangle Development
ARCHITECT(S):
Davis, Carter, Scott Ltd
CONTRACTOR(S):
HITT Contracting Inc
EST. COST:
$65 million
STATUS: Completed
TARGETED DELIVERY: 1Q 2014
SPECS: 440 K Street delivered 234 market rate apartments and 9,500 sq.
53
RESIDENTIAL
DEVELOPMENT
WARD
Development Highlights
The Colonel
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Sky House I and II convereted two office buildings into apartment units.
Each building consists of 264 apartments with Sky House I (1150 4th Street, SW)
delivering in 2Q 2014 and Sky House II (1151 4th Street, SW) scheduled to open
in 4Q 2014.
SPECS: The Colonel will be a 70-unit apartment building with 8,200 sq. ft.
Takoma Central
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Takoma Central will consist of 150 apartments and 9,500 sq. ft. of retail
into 116 affordable residential units and 5,100 sq. ft. of retail space.
space. A 6,500 sq. ft. Busboys and Poets will anchor the retail space.
54
WARD
Development Highlights
WARD
WARD
LOCATION:
SPECS: The vacant site adjacent to the Navy Yard Metorail Station will be
developed into a 13-story, 342-unit apartment building with about 11,000 sq. ft. of
retail space.
82 Eye Street
WARD
WARD
LOCATION:
82 I Street, NW
Greystar Development/RCP Development Company
ARCHITECT(S):
R2L Architects PLLC
CONTRACTOR(S):
Moriarty
STATUS:
Near Term
TARGETED DELIVERY: 4Q 2016
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Plans call for a 220 to 234-unit residential building with the potential for
SPECS: Plans call for 70 condominiums and 6,900 sq. ft. of retail space.
55
RESIDENTIAL
DEVELOPMENT
WARD
LOCATION:
WARD
SPECS: The 11-acre site surrounding the former Medstar Nursing Home is being
developed into 38 single family dwellings (up to 2,700 sq. ft.) and 73 townhomes
(1,800 1,900 sq. ft.). Residents started to move into the single-family homes in
early 2013.
townhome-style condominiums ranging from 1,680 - 3,024 sq. ft. in size. Phase
III consists of 167 units and is part of the 362-acre Fort Lincoln New Town
mixed-use urban renewal area.
WARD
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The former Kelsey Gardens site was redeveloped into an eight-story, 281
SPECS: Phase I of the three-acre, 1.0 million sq. ft. Washington Gatway project
56
LOCATION:
Development Highlights
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Development by Sector
HOSPITALITY
DC Development Report 2014/2015 Edition
59
hospitality
HOTEL ROOMS2
19.0 million
~29,000
76%
$209
SCREENS
NEIGHBORHOOD
TARGET OPENING
Union Market
2016/2017
Landmark Theaters
2015
Landmark Theaters
10
NoMa
2016/2017
Showplace Icon
16
Capitol Riverfront
TBD
Development Overview
Projected
COMPLETED
237
2001
2002
2005
895
515
2004
500
1,106
754
538
2008
1,991
2,159
2009
544
2010
2013
490
2007
962
2008
2012
2003
2006
2,053
2007
2011
1,416
2005
550
2006
2009
411
2002
1,007
2003
2004
2001
925
1,324
2011
659
2012
594
2013
608
2014
YTD
1,035
2010
1,614
204
356
426
20141
1,712
2015
2016
1,795
1,039
598
SQ. FT.
ROOMS
166
11
17
16
13
16
14
7
10
12
12
9
9
11
9
16,858,596
683,718
931,600
3,106,707
1,776,381
1,089,564
1,009,386
758,500
3,162,093
820,746
1,052,328
241,255
163,985
498,070
1,564,263
12,804
411
1,416
490
500
1,106
754
538
2,159
1,035
1,614
204
356
426
1,795
4,831
175
409
86
400
890
238
-10
132
207
305
1,795
Under Construction
2014 delivery
2015 delivery
2016 delivery
2017 delivery
22
1
13
6
2
2,924,757
48,000
1,017,900
783,357
1,075,500
2,320
1,908
1,039
598
683
627
598
683
Pipeline
Near Term
Medium Term
Long Term
73
21
23
29
5,373,800
1,063,449
2,006,455
2,303,896
4,850
1,207
1,514
2,129
4,480
1,207
1,514
1,759
261
25,157,153
19,974
11,219
Completed
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014 YTD
TOTAL
204
1,908
net new rooms added to
the market by 2017
1. projections based on targeted delivery dates of projects under construction as of September 2014 2. includes community, entertainment, museum and hotel projects
61
DEVELOPMENT MAP
HOSPITALITY
E
AV
14TH ST.
UT
GEORGIA AVE
TIC
EC
NN
CO
ROCK
CREEK
PARK
21
U ST.
VE
DA
LAN
E IS
OD
RH
GE
OR
GE
W
AS
HI
M
E
AL
RI
O
M
Y
W
PK
8
24 25
16
6
30 27 26
12
14
VIRGINIA
66
15
NE
H ST.
UNION
1 STATION
18
NATIONAL MALL
VIRGINIA
13
23
VE
KA
OR
WY
5
E. CAPITOL ST.
10
U.S. CAPITOL
20
4
19
FORT DUPONT
PARK
22
17
NATIONALS
PARK
29
395
JR.
AV
E.
M NATIONAL
AIRPORT
Alexandria
Completed
Under Construction
Pipeline
G
TO
N
11
28
Development Pipeline
PROJECT
WARD LOCATION
DEVELOPER(S)
HOSPITALITY SF ROOMS
EST. VALUE
($M)1 DELIVERY2
65 Massachusetts Ave., NW
34,000
27,000
House of Lebanon
27 O St., NW
10,000
$23
4Q 13
15,000
$18
1Q 14
DC Public Library
14,900
$11
1Q 14
Marriott Marquis
1,076,363
1,175
$520
2Q 14
New York Ave. & North Capitol Morgan Stanley/The JBG Companies/MacFarlane
St., NE
Partners
125,000
200
$40
2Q 14
2201 M St., NW
115,000
238
$33
2Q 14
Roadside Development
113,000
182
$265
2Q 14
10
Smithsonian Institution
102,000
$55
2Q 14
$18
4Q 14
$40
1Q 15
$12
4Q 13
4Q 13
Williams Arena
48,000
12
Hyatt Place
1522 K St., NW
Songy Partners
91,000
164
13
Baywood Hotels
160,000
230
14
The Watergate
265,000
348
15
Smithsonian Institution
322,600
16
Homewood Suites
103,000
160
2Q 16
17
98,000
168
3Q 16
18
536,000
270
19
Southwest Waterfront
Hoffman-Madison Waterfront
645,500
683
20
300 D St., SW
430,000
2Q 15
$85
3Q 15
$309
4Q 15
$200
4Q 16
$806
4Q 17
$800
4Q 17
The Line DC
176,671
220
$100
2016
22
Ballpark Square
125,600
170
$150
2016
23
South Building
EDENS
38,000
24
20,000
25
2121 M St., NW
Renaissance Centro
26
27
Modus Hotels
28
18th St. & Mississippi Ave., SE WC Smith/Building Bridges Across the River
29
DC United Stadium
DC United/DC Government
30
Hines
2016
168
100,000
198
36,750
245
34,000
270,308
$150
2016
$37
2016
2017
2017
$20
2017
$287
2017
370
2018
1. may include non-hospitality components ($ in millions) 2. delivery date may reflect phase I delivery or final phase delivery for pipeline projects
63
HOSPITALITY
Development Highlights
DEVELOPMENT
WARD
Marriott Marquis
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
SPECS: Phase I includes 87,000 sq. ft. of retail space, anchored by a 75,000 sq. ft.
Giant Food grocery store (4Q 2013 opening), 497 residential units, a 182-room
Cambria Suites Hotel (2Q 2014 opening) and about 490 parking spaces. Phase II
calls for 145 residential units.
WARD
SPECS: The new 1.1 million sq. ft. hotel includes 1,175 rooms, 25,000 sq. ft. of
retail, 100,000 sq. ft. of meeting space and a 30,000 sq. ft. Grand Ballroom, two
10,800 sq. ft. junior ballrooms and 53,000 sq. ft. of additional meeting rooms.
WARD
Anacostia Crossing
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The redevelopment plan calls for a 38,000 42,000 gross sq. ft. Angelika
theater built above the existing Market building (home to 40+ artisanal vendors)
and 104,000 112,000 gross sq. ft. of office or residential space to be built above
the theater.
64
WARD
6&8
on each side of the Anacostia River. The project will build new spans using
the previous piers that supported the former 11th Street Bridge. The park is
envisioned to include outdoor performance spaces, playgrounds, fruit orchards,
classrooms to teach students about river systems, and kayaks and paddle boats.
Development Highlights
WARD
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: Phase I of the 2.0 million sq. ft. N Street NoMa development is a
SPECS: The new 47,000 sq. ft. recreation center will feature indoor and outdoor
200-room Hyatt Place hotel. The hotel fronts both New York Avenue and
N Street, NE.
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
2201 M Street, NW
Perseus Realty/OTO Development/
Starwood Capital Group
Shalom Baranes Associates
Turner Construction Company
Silver
EST. COST: $33 million
Completed
TARGETED DELIVERY: 2Q 2014
SPECS: A new 238-room Hilton Garden Inn with about 4,500 sq. ft. of retail/
restaurant space was built at the corner of 22nd and M Streets, NW.
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: The West End Square 37 development includes a 322,000 sq. ft. mixed-use
building with 164 residential units (71 apartments & 93 condos), 7,600 sq. ft. of
retail space, and a 20,000 sq. ft. public library.
65
HOSPITALITY
DEVELOPMENT
Development Highlights
WARD
WARD
DEVELOPER(S):
SPECS: The 325,000 sq. ft. museum will include a dining facility, museum store,
SPECS: In February 2012, the GSA selected the Trump Hotel Collection to
cafe, auditorium and exhibit areas. The museum will be located on a five-acre
plot of land adjacent to the Washington Monument and the National Museum of
American History on Constitution Avenue.
renovate the Old Post Office Building and Annex (536,000 total sq. ft.) into a 270room luxury hotel with restaurants, retail, a spa and fitness center, and meeting
and conference facilities.
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
SPECS: The memorial will feature a star-shaped reflecting pool, with a single
eternal flame. A grove of trees will stand sentry beside the pool, signifying
the persistence of hope. The memorial officially opened to the public in
October 2014.
66
WARD
Development Highlights
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
WARD
residential units. As part of the RFP proposal, the development team will build
100 affordable units off-site and provide $2 million for local park improvements.
SPECS: The Washington Nationals Youth Baseball Academy includes three fields
for softball and baseball and a two-story, 18,000 sq. ft. education/recreation
building that contains batting cages, classrooms and a teaching kitchen.
WARD
The Line DC
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
along Potomac Avenue, SW. The proposed plan calls for the DC Government to
facilitate land assemblage and all infrastructure work and D.C. United to build
the stadium.
LOCATION:
SPECS: D.C. United plans on building a 20,000 - 25,000 seat soccer stadium
WARD
SPECS: This adaptive reuse project involves the the restoration and preservation
67
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Development by Sector
EDUCATION
DC Development Report 2014/2015 Edition
69
education
~80,000
47,651
HOSPITALS3
38,302
Since 2001, more than 13.1 million square feet of
education (primary/secondary, college/university) and
medical space has been built or modernized in DC,
with another 3.5 million square feet currently under
construction. During this time DC has averaged about
946,000 square feet of deliveries per year, a total that
will be surpassed in 2014, 2015 and 2016.
While DC is internationally known for its colleges,
universities and hospitals, it has been the primary and
secondary schools (public and private) that have built
the most facilities, accounting for nearly half of the 16.6
million square feet completed since 2001 and currently
under construction. This trend has continued over the
past six years.
15
With enrollment and competition increasing, colleges
and universities have built more than 4.7 million
square feet of new dorms and academic centers in
DC since 2001, with another 1.7 million square feet
under construction. By far the most active (by square
feet) has been George Washington University, which
is responsible for nearly 40% of all college/university
development starts since January 2008.
12% Medical
Primary 52%
PROJECTS
STARTED
SINCE 2008
36% Colleges/
Universities
1. DC schools belonging to the Consortium of Universities of the Washington Metropolitan Area and UDC Community College, NYU Washington, DC
and University of Californias Washington Center 2. Washington Post, D.C. public schools enrollments continue to climb (10/8/14) 3. U.S. News & World
Report/Wikipedia 4. Projects started since January 2008 and under construction (as of September 2014)
Development Overview
EDUCATION DEVELOPMENT (September 2014, sq. ft. in thousands)
GROUNDBREAKINGS
Schools
2000
1,258
2001
1,033
2002
2003
608
2004
476
2005
2006
420
13
2001
1,306
2002
1,131
1,237
574
996
676
996
676
2010
125 1,151
210
1,902
2011
1,284
551
448
859
2012
93 541
2,335
26
10
1,237
561 13
2009
130 814
1,692
839
1,121
2008
607
2013
1,120
1,030
2011
2014
YTD
414
2006
811
1,026
449
773
706
2005
1,030
684
36
2004
448
607
737
2003
420
2010
2012
1,458
621
2007
2009
10 1,043
152
Medical
Medical (projected)
1,694
476
363
2008
436
Schools
Schools (projected)
COMPLETED
Medical
439
2,774
2013
2014*
865
999
227
1,074
840
811
267
191
1,284
1,086
64 1,138
1,107
1,002
2015*
2016*
1,885 26 1,911
974
439 1,413
159
14
14
12
17
12
13
2
8
18
7
10
14
11
7
13,107,526
773,158
1,119,500
1,130,970
1,237,481
573,944
995,820
176,004
675,570
1,283,875
999,490
1,086,032
1,137,594
1,106,988
811,100
Under Construction
2014 delivery
2015 delivery
2016 delivery
21
2
13
6
3,515,317
191,112
1,910,760
1,413,445
Pipeline
Near Term
Medium Term
Long Term
33
7
6
20
4,638,022
492,047
84,000
4,061,975
213
21,260,865
Completed
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014 YTD
TOTAL
946
THOUSAND
average eduation sq. ft.
delivered per year
(20012013)
1. projections based on targeted delivery dates of projects under construction as of September 2014
2. includes K-12, colleges & university and medical projects
71
DEVELOPMENT MAP
EDUCATION
10
13
15
CO
18
TIC
UT
ROCK
CREEK
PARK
E
AV
14TH ST.
17
GEORGIA AVE
EC
NN
14
26
6
U ST.
24
VE
DA
LAN
E IS
OD
RH
VE
KA
OR
GE
WY
OR
NE
GE
W
AS
HI
G
TO
N
23 22
20 9
M
E
AL
RI
O
M
Y
W
PK
16
4 28
VIRGINIA
30
11 19
66
7
3
H ST.
UNION
STATION
29
E. CAPITOL ST.
NATIONAL MALL
VIRGINIA
U.S. CAPITOL
27
FORT DUPONT
PARK
21
NATIONALS
PARK
395
JR.
AV
E.
M NATIONAL
AIRPORT
Alexandria
25
12
Completed
Under Construction
Pipeline
Development Pipeline
PROJECT
WARD LOCATION
DEVELOPER(S)
EDUCATION SF
EST. VALUE
($M)1
DELIVERY2
$25
4Q 13
4 Atlantic St., SE
50,000
514 V St., NE
48,000
42,588
$24
4Q 13
115,000
$75
1Q 14
American University
62,000
$16
1Q 14
393,812
$107
3Q 14
KIPP
KIPP DC
100,000
$25
3Q 14
59,000
$36
3Q 14
3700 O St., NW
Georgetown University
45,000
$23
3Q 14
10
Lowell School
36,298
$7
3Q 14
4Q 13
290,000
$275
1Q 15
365,000
$413
2Q 15
150,000
$19
2Q 15
332,000
$113
3Q 15
Tenley Campus
American University
322,300
$125
3Q 15
16 KIPP DC
KIPP DC
125,000
$45
3Q 15
17 New Sibley
439,000
$242
3Q 16
18 AU East Campus
American University
340,000
$100
3Q 16
2121 H St., NW
330,000
$130
3Q 16
Georgetown University
Georgetown University
144,000
$62
3Q 16
TOP EDUCATION & MEDICAL PROJECTS PIPELINE (Near & Medium Term)
21
DC Public Schools
49,000
$15
2015
22
3500 R St., NW
DC Public Schools
294,900
$110
2016
23
Georgetown University
Georgetown University
74,147
$46
2016
24
30,000
$16
2016
25
41,000
$20
2017
26
1,000,000
$720
2018
27
3,000
$20
2018
28
Stevens Place
2100 L St., NW
29
SOME
30
Franklin School
2018
36,000
$24
1. may include non-education & medical components ($ in millions) 2. delivery date may reflect phase I delivery or final phase delivery for pipeline projects
73
EDUCATION
Development Highlights
DEVELOPMENT
LEED:
STATUS:
WARD
WARD
LOCATION:
SPECS: The new 365,000 sq. ft. school will replace the existing facility and
SPECS: The new two dormitories (394,000 sq. ft.) can accommodate 1,360 beds
WARD
SPECS: The new 81,670 sq. ft. HUIRB is a key research facility that will support
74
WARD
LOCATION:
SPECS: The 20,360 sq. ft. Parkside building will undergo a full renovation and
a 16,000 sq. ft. addition will be built. It will be home to academic classrooms,
science labs, a middle school library, visual arts studios, music classrooms, a
studio theater, and administrative space.
Development Highlights
WARD
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
LEED:
STATUS:
Avenue to its Tenley Campus. Plans call for a new 322,300 sq. ft. building and
renovation of the Capital Hall and Dunblane House (62,800 sq. ft.).
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: The University of the District of Columbias new 87,000 sq. ft. student
WARD
Georgetown University
Georgetown University
Bowie Gridley Architects/Populous
Silver
EST. COST: $62 million
Under Construction TARGETED DELIVERY: 3Q 2016
SPECS: The 144,000 sq. ft. athletic center will occupy the parking lot area in front
SPECS: American University is relocating its law school from 4801 Massachusetts
of McDonough Arena and offer new practice courts, team meeting rooms, weight
training facility and sports medicine/training rooms and the new home for the
Georgetown Athletic Hall of Fame.
WARD
514 V Street, NE
Carlos Rosario Charter School
ARCHITECT(S):
Shinberg Levinas
STATUS:
Completed
TARGETED DELIVERY: 4Q 2013
LOCATION:
DEVELOPER(S):
SPECS: The new urban campus is a three-story, 48,000 sq. ft. building. It
can accomodate 400 - 500 students and offers culinary classes as part of
its curiculium.
center will include new construction and renovated space. The center will feature
a cafeteria, student lounges, recreation area, a 10,000 sq. ft. fitness facility, a
ballroom and conference space.
75
EDUCATION
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
Development Highlights
DEVELOPMENT
WARD
LOCATION:
DEVELOPER(S):
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
SPECS: The eight-story, 600,000 gross sq. ft. SEH will house the science and
engineering schools. The building will feature 290,000 sq. ft. of teaching and
research space and contain six underground floors (two for programs and four
for parking).
SPECS: The three-story, 59,000 sq. ft. building includes 25 classrooms, a smart
lab, an engineering lab, two biology labs, two chemistry labs, and a greenhouse. It
was built on the site of a former McDonalds.
WARD
WARD
LOCATION:
LOCATION:
DEVELOPER(S):
DEVELOPER(S):
academic building on campus in more than 50 years. The building will offer
23 classrooms, eight science labs and four labs for the Nursing and Health
Professions program.
sq. ft.) on an existing 900-space parking lot (8.1 acres) near Nebraska and New
Mexico Avenues, NW. There will be three residence halls (590 students) and three
academic/administrative buildings.
76
Development Highlights
ARCHITECT(S):
CONTRACTOR(S):
LEED:
STATUS:
WARD
WARD
SPECS: The proposed project calls for 202 affordable residential units, workforce
& senior housing, a sit-down deli, SOMEs Center for Employment Training,
36,000 sq. ft. for a medical/dental clinic and administrative offices.
SPECS: The 24.1-acre site will be redeveloped into a 2.0 million sq. ft. mixed-use
development. Plans call for 1.0 million sq. ft. of office/healthcare space, up to 670
residential units (for-sale and rental), 80,000 sq. ft. of retail space and 12-acres
of public open spaces, anchored by an eight-acre central park with a 17,500 sq. ft.
community center.
WARD
SPECS: The new 75,000 sq. ft. building will provide space for the Bishop Walker
School, an expanded clinic run by Childrens National Medical Center, Lift DCs
local and national offices, and a black box theater.
WARD
DEVELOPER(S):
former Brookland Elementary School (closed in 2008). The new school will be
100,000 sq. ft. (grades 6-8) with a capacity of 540 students. It will include a fullsize gymnasium, practice spaces, and media center.
77
Celebrating 30 Years
of
Community
Revitalization
strong, healthy
and flourishing.
APPENDIX
Methodology / Acknowledgements
81
APPENDIX
APPENDIX
Methodology
The goal of the Washington, DC Economic Partnership was to create a comprehensive database of development activity that would
help us find answers to the following questions:
However, before we could begin to collect development information we had to create a methodology to give us guidance on what data to
assemble on each project and which projects to include in our database. The following is a brief explanation of what types of data we try
to obtain for each development and how we gather that information. While our database of projects is constantly being updated, for the
purposes of this publication, all data reflects project status, design and information as of September 2014.
Architect
General Contractor
Construction Type
Green Development
Delivery
The delivery date is an estimate of when a project is scheduled
to be completed. For completed projects, this is the date that the
first certificate of occupancy was issued for the project. If no
certificate of occupancy was issued then we use the date supplied
by a primary or secondary source.
Description
Complex projects and mixed-use developments include a
description that highlights key components and other points of
interest about the development project.
Developer
As one of our primary sources of information, we maintain
information on developers and other controlling interests in
development projects.
Financing Sources
Whenever possible, we identify public and private
funding sources.
82
Groundbreaking
The groundbreaking date is an estimate of when a project is
scheduled to start. For projects that are under construction
or completed the groundbreaking date can be the date of a
groundbreaking event or the date that a building permit was
issued on a project.
Hotel Rooms
For hotel projects, we track the number of new and renovated
rooms. The number of rooms does not necessarily reflect net
new rooms because it does not account for rooms taken out of
the inventory.
Imagery
Many of the projects in our database include one or more photos,
renderings, elevations or other illustrations. In most cases these
images are provided by either a primary or secondary source or
are photos taken by the WDCEP. In many cases renderings and
illustrations are concepts and may not reflect the final design.
Lead Tenant
The lead tenant could be the first lease signed in a new or
renovated building or the tenant that occupies the most space.
APPENDIX
Methodology
LEED
Status
Location
Project Cost
We track total development costs including both hard and soft
costs associated with a project as well as land costs. Whenever
possible, we use actual costs provided by primary sources.
Sometimes, however, it is necessary to estimate project costs
based on historical information. Because of the tremendous
amount of construction activity and staff resources required to
maintain the data, we established a minimum threshold of $5
million to be included in the database (from 20018/2009 the
minimum was $1 million).
Project Name
Project names are generally the name of the building or the
development. However, when projects are referenced by different
sources with different names, we use the most commonly
referenced name of the project. When there is no name for the
project, projects are referenced by address.
Residential Units
For residential projects, we track the number of units of both
new construction and renovation. The number of new residential
units does not necessarily reflect the net new units on the market
because it does not account for units taken out of the inventory.
Square Footage
Whenever possible, we try to obtain the total square footage
of the project. For mixed-use projects, we break out the square
footage associated with each major use.
Use
Each project is categorized by type of use. For mixed-use
developments, we capture the square footage or units/rooms for
each of the following:
Community1
Industrial4
Residential
Education2
Medical5
Retail
Entertainment3
Museum6
Hotel
Office
Ward
The Ward identified for each project is based off of the 2012 Ward
boundaries.
Zip Code
Zip codes are tracked for mapping purposes as defined by data
from our geographic information system (GIS) and may not
reflect the actual U.S. Postal zip code for that address.
1. e.g. library, recreational center, place of worship 2. e.g. K12, colleges, universities 3. e.g. movie theaters, live performance venues
4. industrial & warehouse 5. e.g. hospitals, clinics 6. museums & memorials
83
APPENDIX
APPENDIX
Methodology
Primary Sources
Architects
Building Permit Data
Certificates of Occupancy
Developers
DC Office of Planning
DC Office of the Deputy Mayor for Planning &
Economic Development
DC Office of the Chief Financial Officer
General Contractors
Project Managers
Secondary Sources
Brokers
CoStar
Business Improvement Districts
Media & Newspapers
Neighborhood Newsletters & Blogs
Chad Shuskey
Senior Vice President, Research & Visual Communications
202.661.8674 / cshuskey@wdcep.com
84
Matt Kruczlnicki
Research Analyst
202.661.8683 / mkruczlnicki@wdcep.com
APPENDIX
Acknowledgements
The Washington, DC Economic Partnership would like to thank the following organizations for their
contributions to this years DC Development Report.
Abdo Development
Donohoe Companies
Paramount Group
Downtown BID
PERS Development
Akridge
EDENS
Peterson Companies
PGN Architects
Avalon Bay
Ennead Architects
PN Hoffman
Equity Residential
BELL Architects
R2L Architects
BISNOW
EYA
Rappaport
Roadside Development
Bonstra|Haresign Architects
Ruben Company
Boston Properties
Bozzuto
Skanska
Foulger-Pratt Companies
Camden Living
SmithGroup
Giant
CAS Riegler
GlobeSt.com
CBRE
Grunley Construction
Studios Architecture
GSA
Tishman Speyer
Clark Construction
H Street CDC
H&R Retail
Trump Hotels
Hargreaves Associates
Union
Cooper Cary
Urban Turf
Concordia Group
VOA Associates
CoStar
Walker Development
Dantes Partners
DC Department of Consumer
JD Land
Washington Post
WCS Construction
WC Smith
DC Housing Authority
Madison Marquette
WDG Architecture
Manna, Inc.
DC GIS
MissionFirst Development
DC Office of Planning
MRP Realty
DC Public Library
DCRealEstate.com
NoMa BID
OTO Development
Donatelli Development
Paradigm
85