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Three Development Teams Make Short List for Shaw's Parcel 42
Parcel 42. Google Maps.
The city’s Office of the Deputy Mayor for Planning and Economic Development has narrowed down its list of developers for the redevelopment of Shaw’s Parcel 42 to three teams.
And those teams are:
Each team will be required to submit their “best and final” proposal to DMPED by March 22. The office will then review those proposals and pick a partner by the end of April.
When UrbanTurf reported on the six original proposals in November and polled readers on their favorite, the results were interesting: a proposal from the United House of Prayer won by a landslide, but we received word that the group had been soliciting votes from their wider congregation, as far out as the West Coast. UHOP’s proposal was apparently not one of DMPED’s favorites.
In second place on our poll was Neighborhood Development Corporation’s plan, which did make the short list. Details and renderings for each team’s project can be seen below.
102-Room Hotel, 22 Affordable Units and 74-Space Underground Parking Garage
Baywood Hotels and Dantes Partners propose a mixed-use development consisting of an 102-room hotel on top of 22 affordable units, along with 5,000+ square feet of retail space occupied by a retail tenant named Milk and Honey. The affordable units will be limited to residents making 50 percent of the average median income (AMI) and will occupy the second and third floors of the nine-story development. The hotel and residences will have separate entrances. Two stories of underground parking will provide 74 parking spaces.
An 81-Unit or A 99-Unit Residential Project With a Yes! Organic Market
Neighborhood Development Company plans an eight-story residential building with Yes! Organic Market occupying the retail space, along with two stories of underground parking. The group presented two plans: one with 81 one- and two-bedroom units along with two townhouses on the plot’s smaller parcel of land, and another with one large 99-unit building. Interestingly, the group also hopes to use a crowdfunded investment model, similar to Fundrise. They were also the only developers with a signed commitment from a retail tenant. They are aspiring for LEED Platinum certification.
105-Unit Residential Building With Retail
Shaw 42 Developers, comprised of TenSquare and Chapman Development with R2L:Architects, proposed a 105-unit residential building with ground floor retail. The building, which will have a mix of studio, one- and two-bedrooms, will be “highly amenitized”, with a pool and green space on the roof. The retail tenant could possibly be a market or pharmacy. The design incorporated many materials, with an industrial look on the corner, and gray and red alternating vertical portions on the side.
This article originally published at https://dc.urbanturf.com/articles/blog/three_development_teams_make_short_list_for_shaws_parcel_42/6714.
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