West End Corner to Be Developed by EastBanc
City officials announced today that EastBanc will be the entity to develop the corner of 24th and L Streets NW in the West End.
The decision was the end of a long saga. EastBanc was actually given the rights to develop this corner way back in 2007, but the decision was put on hold as protests arose that EastBanc was given the rights in a no-bid contract, according to DCmud. The result was a solicitation last summer in which EastBanc and a group made up of Toll Brothers, Paramount Development and Torti Gallas and Partners made pitches. Today, the city announced that EastBanc could move ahead with developing the land.
Here is what has been proposed for the land:
- A 150-unit residential building above a new library.
- A 52-unit affordable and workforce housing development above a new fire station.
- 10,000 square feet of retail.
- 235 parking spaces.
Construction on the project could begin in 2012.
This article originally published at http://dc.urbanturf.com/articles/blog/west_end_corner_to_be_developed_by_eastbanc/1865
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1 Comment
The Murphy Team is glad to see the move ahead.
Our office is half a block from the site.
The interesting item is the fire house. The
Ritz owners have been very anxious to get the fire house off M St and 24th. I,m sure there
were few options in terms of placing the firehouse.