Development Report: Anacostia’s Out of Control, JBG’s Tops, More Residential For H Street
The Washington D.C. Economic Partnership's annual development report is a beautiful thing: A roundup of everything underway and completed in the city, with data crunched up and nicely displayed so us development watchers can understand what's going on. Sure, it's only updated through August 2011, so the latest announcements aren't included (the release was delayed this year because of a funding snafu); and yeah, the information for stuff in the pipeline won't include things that developers don't want people to know about. But there are still some interesting chunks worth pulling out:
- Overall, dollars worth of construction deliveries are down slightly from last year, at $2 billion. That's also far below the decade's average year by year. They're expected to increase again next year though.
- Developer JBG is the most active in the city, with 14 projects in the pipeline. Shalom Baranes is the city's most prolific architect, with 23 projects underway.
- Out of all the "hot spots" the report identifies—sections of the city with a lot going on—the Anacostia-Congress Heights corridor technically has the most development over the last ten years and in the pipeline, at $9.98 billion. That's counting the redevelopment of Barry Farm as well as the rest of the St. Elizabeths East and West campuses. NoMa comes next, with $8.69 billion, and then the Capitol Riverfront, with 7.57 billion.
- Are there any projects in the pipeline you didn't know about? Perhaps: It appears that the H Street Community Development Corporation is planning to redevelop its single level, bunkerish headquarters at 501 H Street NE into a 29,440 square foot, five-story market-rate residential building with ground floor retail. They got a $138,000 predevelopment grant from the city in 2010, and apparently have engaged Bowie Gridley Architects for the design, with expected completion next year. I've got an inquiry out to the CDC to see how serious that is.
UPDATE, Saturday, 7:15 a.m. – H Street CDC Director Ken Brewer says that contra the information in the WDCEP report, the building will be affordable housing, not market rate. They haven't finished the feasibility work, and so haven't yet solicited financing.