1 / 11

Ward 7 Projects

Ward 7 Projects. Deputy Mayor for Planning and Economic Development. November 12, 2011. Overall Summary.

rebecca-patterson
Download Presentation

Ward 7 Projects

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ward 7 Projects Deputy Mayor for Planning and Economic Development November 12, 2011

  2. Overall Summary • Prior to this Administration economic development and job creation projects were essentially frozen.  Now, just eleven months in to the Gray Administration, we have unfrozen 14 major projects that are now under construction in 6 wards (including Ward 7) representing $1.9 billion in investment in the District that represent 3,500 construction jobs and, when completed, 5,300 permanent jobs. • Looking out on the horizon to projects that are scheduled to be under construction by 2015, we’re on track to leverage $11B in investment that will create more than 56,000 construction jobs and more than 50,000 permanent jobs. • This represents close to 7,800 construction jobs and 4,600 permanent jobs for Ward 7 alone.

  3. Ward 7 Agenda • Minnesota/Benning • Parkside • New Communities - Lincoln Heights • Strand Theatre • Penn Branch Shopping Center • Ward 7 Restaurant Tour • DOES Headquarters retail site • Penn Branch shopping center • Capitol Gateway Marketplace • Skyland

  4. Minnesota-Benning • Status/Milestones: • Mixed use development including 376 residential units and 24,000 sf of retail • Construction to begin 2Q 2012 • Benefits: • Transit oriented development with close proximity to Minnesota Ave metro and streetcar • Creates sit-down eating establishment opportunities

  5. Parkside Development • Status/Milestones: • $700M mixed use phased development including educational uses, residential, green space, health uses • Construction to be complete 2016 • Benefits: • New educational facilities from early childhood to post secondary (Cesar Chavez Charter School, CCDC, EduCare, Neval Thomas Elementary) • New mixed income housing stock • Creates 5,000 temporary jobs • Creates 3,500 permanent jobs • Provides $38 million in tax revenues over 10 years.

  6. New Communities - Lincoln Heights • Status: • Eden Place (pictured) currently under construction (Eastern and Dix) • Currently processing relocation of 9 LH/RD families into 4427 Hayes (Completed Jan 2011) • 5201 Hayes was awarded to a developer in Dec 2010 and is currently under negotiations • Milestones: • The Nannie Helen (4800 blk of NHB) scheduled for Late 2011 closing • Eden Place (Phase I) Ribbon Cutting: Early 2012 • Benefits: • New housing stock for Ward 7 • Replacements units to further the goals of New Communities

  7. Strand Theatre • Status/Milestones: • Part of the Lincoln Heights/Richardson Dwellings New Community plan to improve and create community-serving retail at the corner of Nannie Helen Burroughs and Division Street. • Development team is currently seeking a tenant for the development. Mayor and Deputy Mayor promoted project at ICSC Conference in June of 2011. Potential tenants that have expressed interest in past include Family Dollar and 7-11. • Benefits: • 8,800 sf of community-serving retail, 6,400 sf of office space, and 5,000 sf of community space.

  8. Penn Branch Shopping Center • Status/Milestones: • Shopping center is privately owned and managed, however, DC government leases space in a portion of center • Some potential incentives are available as needed to help attract quality retia • Benefits: • Redevelopment of a long neglected community shopping center • Important community amenities as potential tenants including sit down restaurant

  9. Ward 7 Restaurant Site Tour • Ward 7 Restaurant Tour: • In September DMPED brought over 25 brokers and restaurant exec’s on a tour of available restaurant sites in Ward 7, including: • DOES HQ restaurant space • Penn Branch shopping center • Capitol Gateway Marketplace • Benefits: • An RFP for the DOES restaurant space attracted 6 responses in October This tour was the first in at least five years to introduce retailers to Ward 7 neighborhoods

  10. Skyland • Status/Milestones: • Land is owned by DC government • Resolution of remaining litigation issues anticipated in 2012 • Phase 1 of selective demolition anticipated for Q1 2012 • Anticipated delivery of site to development team Q1 2013 • Working with community to plan and implement interim-use activities • Benefits: • Redevelopment of a long neglected community asset – 325,000 sf of retail, and 468 units of mixed-income housing • Creates 1,500 temporary jobs • Creates 900 permanent jobs • Provides over $100 million in tax revenues over 10 years

  11. Open Discussion • Ward 7 Summit Planning • Ray’s the Steak • DMPED has discussed with owner • Employees temporarily transferred to other stores to be trained • Restaurant is anticipated to be reopened as another Ray’s concept (table service and take out options)

More Related