Can Douglas succeed where other developers have given up?
Posts Tagged ‘douglas development’
Ivy City's former Hecht's warehouse is about to get very spiffy.
A year ago, the Wonder Bread Factory was struggling. Douglas Development's ambitious project had transformed the vacant Shaw factory into boutique office space, but tenants were hard to come by. The anchor tenant, WorkSpacesLLC, had just backed out of its lease amid financial hardship.
Now things look much rosier. The tech marketing firm iStrategyLabs is taking [...]
In December, I reported that a cluster of bars and retailers near the convention center would likely be closing by May to make way for a big new office building. Douglas Development is working on a 420,000-square-foot development with offices—with LivingSocial initially, but no longer, set to be the lead tenant—and retail at the corner [...]
The old Hecht Company Warehouse took the latest step in its continuing evolution today with a dozen shovels jammed into a makeshift sandbox.
The "groundbreaking" of the redevelopment of the 1937 Ivy City building on New York Avenue NE may not have broken any actual ground, but it drew the majority of the District's 2014 mayoral [...]
A popular cluster of bars, restaurants, and other retailers on 7th Street NW is likely to shut down by May to make way for a coming development project.
Douglas Development is planning a big office building at the corner of 7th Street and New York Avenue that will require the 7th Street retailers to vacate the [...]
Over the past century and a half, the Franklin School on 13th Street NW has served as a school, a homeless shelter, an Occupy D.C. staging ground, and a near-hotel twice. Now we can take a look at four possibilities for the next incarnation of the ornate, crumbling 1869 downtown building.
On Oct. 30, the four [...]
When Doug Jemal looks at the old Hecht Company distribution center, a vacant warehouse on noisy New York Avenue NE that he bought for $20 million in 2011, he sees a property that's "gonna be worth $200 million." When he looks at the surrounding neighborhood, economically depressed Ivy City, he sees an area that "could be the Meatpacking [...]
During the fight over its planned residential development at the old Babe's Billiards site in Tenleytown, Douglas Development Corporation made a pledge to neighbors: If the company were given permission to construct the building without any off-street parking, it'd also bar residents from obtaining residential parking permits to park on the street. That way, residents [...]
The Franklin School isn't the easiest property to develop. The gorgeous 1869 building has a central location on 13th Street NW, but it has the potential to scare off developers in several ways. First, it's crumbling. Second, both the exterior and parts of the interior have a historic designation, meaning that developers can't significantly alter [...]