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 [...]
Posts Tagged ‘douglas development’
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 [...]
Douglas Development has big plans for the Hecht Company warehouse development it's bringing to New York Avenue NE in Ivy City, but up to now it's lacked one crucial component: tenants. Douglas is seeking tenants for the 500,000 square feet of office space it's putting into the old Art Deco warehouse, and the company's executives [...]
In my column this week on the potentially transformative development taking place at the Hecht Company warehouse on New York Avenue NE, I didn't have a ton of space to go into details of the plans. So allow me to flesh them out a bit.
The highlight of the site is the warehouse itself, a 1937 [...]
Photo Slideshow: Hecht Company Warehouse
At a time of when cranes are proliferating across the city, Ivy City can feel like the kid who didn’t get picked.
The diminutive Northeast neighborhood is hemmed in by New York Avenue and the railroad tracks to the north, Mount Olivet Cemetery to the southeast, and Gallaudet University to the southwest. [...]
Let's name it Douglastown already and get it over with. Douglas Development—which owns much of F Street NW, the new Walgreens building directly adjacent to the Chinatown arch, and several other properties in and around Chinatown—has just increased its arsenal in the decreasingly Chinese neighborhood with an announcement this morning that it purchased 700 5th [...]
To the extent that Paul Millstein and cars have been mentioned in the same sentence by members of the public in recent months, it's usually something along the lines of "Paul Millstein wants to take away my car" or "Paul Millstein's trying to make it impossible for me to park my car." The developer with [...]
I just met with Douglas Development's Paul Millstein, who walked me through the company's plans for the corner of 7th Street and New York Avenue NW and cleared up some questions about the future of the popular bar The Passenger and the coming bar Hogo, which'll be displaced by the construction.
Construction on Douglas' big office [...]
Yesterday, my colleague Jessica Sidman broke the news that an island-themed bar called Hogo is coming to 1017 7th St. NW. But it appears the bar might only be able to stick around for a year.
Douglas Development Corporation is under contract to buy the vacant building, once home to Ruppert's Real Restaurant, according to Douglas' [...]