The mixed-use proposal that The JBG Companies has in mind for a site bounded by N Street NE, 1st Street NE, M Street NE and North Capitol Street (map) got the green light from the Board of Zoning Adjustment earlier this week. The Chevy Chase-based firm is proposing a development with residential units, office and retail space as well as a seven-screen movie theater on a site that currently consists of a surface parking lot and two office buildings.
The residential portion of the new project would consist of a 12-story tower with a total of 210 units. The office component would be an 11-story tower with 382,000 square feet of space. A seven-screen movie theater with approximately 1,200 seats would be located below ground. Four levels of underground parking with a total of 245 spaces will be constructed. The retail on site would total approximately 28,000 square feet.
Among the approved variances, the development team received an exception from the number of parking spaces required on-site. Based on the size of the proposed development, 419 parking spaces are required per Zoning requirements, and JBG pointed out that this would require excavating seven levels below ground.
The new proposed development is just the latest project for JBG in this section of DC. The firm is also partnering with Boundary Companies on a 691-unit mixed-use development near the intersection of New York and Florida avenues NE.
This article originally published at https://dc.urbanturf.com/articles/blog/mixed-use_project_with_residences_retail_office_space_and_movie_theater/10656.
Most Popular... This Week • Last 30 Days • Ever
This week's Best New Listings includes an expansive three-building property in Maryla... read »
UrbanTurf created Pipeline, a searchable database of multifamily projects that are un... read »
As we head towards the end of the year, UrbanTurf is wrapping up its coverage of larg... read »
Prices in Wesley Heights, a DC neighborhood to the south of Spring Valley bordered by... read »
Today, UrbanTurf takes a look at the distinct differences between these two popular f... read »
A new report out this week found that homes in the DC region are selling nearly a wee... read »
When Amazon announced in 2018 that it would be opening a second headquarters in Virgi... read »
A revised plan is on the boards for a group of five townhouses in the middle of China... read »
The proposed district would encompass the neighborhood's commercial strip along Conne... read »
WTOP is reporting that The Heights, an eight-stall food hall that is taking over the ... 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. Start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro