At the beginning of the year, we got a first glimpse at how the second phase of the Market Terminal development at Union Market could look, and how one of the buildings would be office rather than residential. Now, we are getting a closer look at a less-vertical version of the proposed office conversion.
Carr Properties is formally applying to modify the previously-approved planned-unit development (PUD) for building C1 and is filing a second-stage PUD to convert building C2 from residential to office use. As approved in July 2017, the entire Market Terminal development would deliver over 1 million square feet of residential space, 52,968 square feet of retail, 217,558 square feet of office space and 682 parking spaces along the newly-extended Third Street between Morse Street and New York Avenue NE (map).
Building C2 was originally-approved as 232 apartments above roughly 9,200 square feet of retail and 90 parking spaces. Now, it is proposed as 226,103 square feet of office space atop 5,827 square feet of retail; 1,125 square feet of the retail would be dedicated to makerspace.
While the penthouse of the planned office building was initially proposed as flex office space, with open seating areas and conference rooms connected via a greenhouse-like path, the new application aims to "permit a nightclub, bar, cocktail lounge or restaurant use". This proposed penthouse use is also the crux of the modification the development team is seeking for the penthouse of building C1. During the day, both penthouses would serve as office amenity and co-working space, and could be rented out by office tenants.
The new proposal for building C2 envisions the office building as a companion to Signal House (Building C1), for which the same penthouse program is sought. Renderings for Signal House include images of the penthouse bar and flexible office space with garage doors opening out onto the rooftop space.
Building C2 is designed by Smithgroup. The development team for Market Terminal also includes Kettler, Grosvenor USA and Carmel Partners; the architect team includes Brininstool-Lynch, SHoP, and Eric Colbert and Associates.
This article originally published at http://dc.urbanturf.com/articles/blog/a-closer-and-less-vertical-look-for-market-terminal-proposed-residential-to/15190
Most Popular... This Week • Last 30 Days • Ever
The H Street Corridor once epitomized DC's development boom, but construction activit... read »
UrbanTurf is taking a look at what we think will be the three metrics that will deter... read »
The new home also has an owner's suite that spreads out over 3,300 square feet.... read »
Built in 1840, the home has been home to members of Congress and presidential cabinet... read »
Over 8,000 apartments were absorbed in DC in 2021 for the first time.... read »
UrbanTurf is re-running its primer on property taxes which outlines a few things that... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The Shaw pipeline is starting the year off hot.... read »
The upzoning would mandate additional Inclusionary Zoning units for developments alon... read »
Is U Street regaining steam as the development center of gravity in the neighborhood?... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro