Posts Tagged ‘Akridge’

Akridge May Force City to Use Eminent Domain as Stadium Deal Shifts

That could make acquiring land for a new home for D.C. United more expensive, and more time-consuming.

The Incredible Shrinking Stadium-Deal Benefits

That $109 million benefit to the city? It could be more like $17 million.

Own Goal: The D.C. United Stadium Faces a Skeptical D.C. Council

The Council thinks the mayor's office is "thumbing the nose at the legislative branch" on the stadium deal.

Report: D.C. Overpays by More Than $25 Million in Stadium Deal

Buzzard Point land costs too much, and the Reeves Center doesn't cost enough.

What Would Replace the Reeves Center in the D.C. United Deal?

A lengthy political battle stands between the city's proposal to orchestrate several land swaps and purchases in order to build a D.C. United soccer stadium at Buzzard Point and the realization of the plan. But one central piece of the plan, previously lacking in clear details, has begun to come into focus: the building that would [...]

City Misses Another Deadline for D.C. United Deal

"The District will have until January 1, 2014, to: (i) obtain site control of the Stadium Site ...; and (ii) obtain the necessary legal approvals from the Council of the District of Columbia and, if required, the United States Congress to proceed with the transaction."
So reads the term sheet signed by Mayor Vince Gray and D.C. [...]

Four Potential Futures of the Gateway to Mount Vernon Triangle

At the corner of 5th and I streets NW sits a vacant lot that will soon be transformed into what's been called the "gateway" to the Mount Vernon Triangle Neighborhood. Last night, neighbors packed into the trailer that serves as the Mount Vernon Community Improvement District offices and caught a glimpse of the future of [...]

Four-Teams Shortlisted to Develop 5th and I NW Lot

One of four teams will soon have the opportunity to develop a rarity in the District: a vacant lot in the heart of the city.
Yesterday, the city announced a shortlist of four teams of developers to build a mixed-use complex on a city-owned piece of land in Mount Vernon Triangle at the corner of 5th [...]

City, Developer Won’t Meet Deadline to Submit D.C. United Deal

In September, the city and the developer Akridge signed a letter of intent that laid out the process for the intended land swap to clear the way for a D.C. United soccer stadium on Buzzard Point. Akridge owns a parcel of land that the city needs to assemble the site for the stadium; D.C. plans [...]

D.C., Akridge Hammer Out Details for D.C. United Stadium Land Swap

The city is planning a series of major land swaps to obtain the property needed to build a D.C. United stadium on Buzzard Point. But as I've reported before, the most talked-about of those land swaps is very uneven. In it, the city will give up the Frank D. Reeves Municipal Center at 14th and [...]

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