Posts Tagged ‘EastBanc’

EastBanc Branches Out with Huge Buys on U Street, Bladensburg

Jonathan O'Connell sure buried the lede in this little profile of developer Anthony Lanier (whose raffish demeanor has made him an attractive subject for many a D.C. scribe). His company, EastBanc, has bought or has secured the contract for two big parcels in rapidly developing corridors outside his Georgetown home base: 1250 U Street NW, [...]

Why Occupy D.C. Is Wrong About the West End Library Deal

Looks like a Zoning Commission hearing this evening on Eastbanc's plan for the West End Library and Firehouse is going to be more exciting than normal, with folks from Occupy D.C. and other assorted activists on hand to protest "the arbitrary suspension of existing zoning rules in the interest of multinational corporations." As part of [...]

In the Perilous World of D.C. Development, a Christmas Gift

Navigating the District’s byzantine regulatory processes is no easy feat: An alphabet soup of codes and boards determines what you’re allowed to build where, costing potentially thousands of dollars if you don’t get it right the first time.
One entrepreneur, Shannon Christmas, is hoping that’s enough to drive renovators and builders to seek expert assistance. Over [...]

D.C.’s Disappearing Gas Stations

District drivers will have one fewer place to fill up starting in 2012, when the Key Bridge gas station at 3607 M Street NW gets demolished to make way for new condos, the Business Journal reported on Friday. EastBanc, which has developed large chunks of Georgetown and the West End, plans about 35 new condos [...]

All Libraries Are Expensive

Yesterday, the estimable Michael Neibauer broke down the cost of the new West End Library, to be built by EastBanc. It seemed to him a bit much that the library itself should cost $2.5 million, while everything else ran the cost up to a total of $9 million.
Now, I'm not certain that EastBanc isn't bilking [...]

Developer Donations: Be Careful What You Wish For

So there's an election on, obviously, and councilmembers are in high gear campaigning to keep their jobs. There's a tricky balance to strike, though, between stocking a war chest while avoiding the perception of influence–especially when it comes to awarding construction contracts. Mayor Adrian Fenty has built up a reputation for being too cozy with [...]

Two Proposals Offered for West End Library Site

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The Washington Business Journal is reporting that two bidders have offered proposals to redevelop the West End library and a nearby fire station. One is EastBanc Inc., which set its sights on this piece of land a while ago.
As I wrote back in July, the development of the West End library is a [...]