Nearly a year ago, Howard University narrowed down the teams in the running to redevelop the 2.2 acres between Georgia Avenue and 8th Street NW between V and W Streets. Now, a development team has been selected and the vision for the site is coming into focus.
On Monday, Howard University announced that The Bond Partnership would transform the Bond Bread Factory and Washington Railway & Electric Company buildings at 2112-2146 Georgia Avenue NW (map) into a 600,000 square-foot mixed-use destination. Howard University Real Estate Executive Anthony Freeman shared with UrbanTurf that the development is expected to include roughly 450 residential units, 156 hotel rooms, and up to 300 parking spaces, all subject to zoning and historic preservation approval.
The site will also include restaurant and retail use, as well as a public park spanning the block, with a marketplace fitted beneath, taking advantage of the grade change. The retail will incorporate an incubator for the university's students; the request for proposals also envisioned the ground-floor of the future mixed-use development as "a 24-hour work, shop, eat, live, play destination".
“Bond Bread will play a pivotal role in the revival of Georgia Avenue by creating a unique 24/7 environment, and I am proud that the University had a diverse set of development options from which to make a selection,” Freeman said in a statement.
The Bond Bread Factory was constructed in 1929 and is designed by Corry B. Comstock in an art deco style, while the WRECO garage on the V Street corner was constructed the following year and is designed by the renowned Arthur Heaton. Both buildings are listed on the National Register of Historic Sites, necessitating a historic preservation and adaptive reuse approach.
The Bond Partnership, which is now in negotiations with the university on the terms of the deal, includes the Menkiti Group, Fivesquares Development, and EDENS.
This article originally published at https://dc.urbanturf.com/articles/blog/bond-bread-redevelopment-team-selected-and-450-units-planned-for-georgia-av/15209.
Most Popular... This Week • Last 30 Days • Ever
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
Eights month after a new proposal to redevelop part of the Takoma Metro station was p... read »
The new images provide a better sense of the big residential plans in the works for t... read »
As we approach the end of the year, UrbanTurf is taking a final look at the DC neighb... read »
On Tuesday, the Federal Housing Finance Agency announced an increase to mortgage loan... read »
To help home buyers and sellers both novice and seasoned, UrbanTurf is running a seri... read »
Plans for the New York-based eatery appear to be moving forward.... read »
The development for four parcels at The Yards from Brookfield Properties and the Menk... read »
The concept includes 14 lanes for bowling, a 1,200 person concert venue, a craft bar ... read »
The zip codes that are home to Brentwood, Takoma Park and sections of Hyattsville top... 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