Showing posts with label view 14. Show all posts
Showing posts with label view 14. Show all posts

Friday, March 5, 2010

Couple of 14th Street Projects Stalled

To some, the pace of development along 14th Street shows no signs of slowing: Room and Board continues to plug away at their building at 14th and T, the Copperstone Building near 14th and N is prepared to host tenants in its rehabbed structure, and new restarants and other businesses continue to pop up all along the corridor.




















However, a few large scale projects are currently stalled, with no immediate plans for moving forward. Recently, we wrote about the problems being faced by the Central Union Mission and its efforts to find a new home in order to clear the way for a redevelopment of the massive 14th and R space. North of U Street, two additional projects are mired in the lack-of-financing quicksand, and show no signs of getting off the ground anytime soon.

Up at 14th and W, the long-awaited "14W" project remains little more than a pile of gravel surrounded by a chain link fence. The project officially broke ground in September 2008--which, for those keeping score, was right around the time the economy took a nosedive. As reported on DCMud, Brian DuBose, a spokesperson for Ward 1 councilmember Jim Graham indicated that "nothing is happening" with the project, since financing has not been obtained. The 236,000 sf apartment project was also slated to have in excess of 12,000 sf of retail space, along with a new YMCA.

While the plans for the building remain in place, it's looking increasingly unlikely that anything will move forward prior to the end of the year.

Almost across the street, the same fate has befallen the large, vacant space that once was the blighted Nehemiah Shopping Center. The Center--one of the most egregious examples of ill-advised urban development--was torn down in order to make way for the massive apartment project, which was to include over 250 units along with 17,000 sf of retail space. Unfortunately, financing problems here have also crept up and put an indefinite hold on the project.

You may recall that the lot was originally purchased by DC-based Level2 Development, the same team that is currently putting the finishing touches on View 14 at 14th and Florida. However, in 2009 they sold the development rights to Texas-based UDR in order to focus on the View 14 project.

Sunday, December 6, 2009

Neighborhood News: "View 14" opens for leasing; Garden District on UK TV

I hope everyone enjoyed the Logan Circle House Tour this weekend. Below are a couple of neighborhood news-related items to pass along.

View 14, the new mixed-use condo apartment development at 14th and Florida, has opened its leasing center--which means you can now reserve your swanky new apartment at the swanky new development. Prices for the units (which, according to developer Level 2 Development reflects "the current concession of two months free [rent] being offered") are $1650 for studios, $1750 for 1 BRs, and $2400 for 2 BRs.

Based on info I received, it seems that these prices will only last until the end of the month (or perhaps sooner), which means that soon, a 2BR at View 14 will set you back roughly $2,880 per month. Expensive, yes...but anymore par for the course for new unit construction around Logan/U Street.

View 14, by the way, is the project of Universal Gear owner David Franco. There has been much speculation about potential retail tenants in the property--including Green Pets, the longtime pet supplies store currently located on 14th Street between Riggs and S Street. Nothing official has been announced yet, but I'm told that some news will be forthcoming.

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On the subject of 14th Street retail, unless you are an avid follower of UK tabloid journalism, you might have missed the story featuring Logan's very own Garden District on the Sun's website which addressed the difficulties that small businesses in the U.S. are facing. Can 1300 Christmas trees save a store? Watch the clip and find out.

Garden District owner Joe Carmack has also officially confirmed that his planned project at the Garden District's prior location--"Crepes on the Corner"-- has been shelved. Carmack acknowledged that the project was distracting him from his goal of keeping Garden District a going concern, and that's where his energies are currently focused.

So, it looks like "Point Chaud" will have a monopoly on Logan creperies after all.