What's Hot: Redevelopment Plans Could Be In Works for Courthouse Building | UrbanTurf's Buying and Selling 101
Doubling Applications and Revenue: The Second Year of DC's Velocity Program

Two years after the Department of Consumer and Regulatory Affairs introduced programs to help developers, builders, and property owners expedite the permitting process, UrbanTurf is taking another look at how the programs are being used.
For a range of fees, the Velocity and Expedition Services are meant to speed up the permitting process for people at various design and planning stages, sometimes enabling permits to be secured within a day.
The Velocity programs received 175 applications in the first year, gathering over $6.25 million in fees for projects ranging from 1,000 to two million square feet in size. The program grew significantly in its second year. From March 2019 to March 2020, the number of applications exceeded 450 and fees exceeded $14.5 million, UrbanTurf has learned.
story continues below
loading...story continues above
The fees collected per project went as high as nearly $638,000 for work on WMATA's new headquarters at the old Reporter's Building in L'Enfant Plaza. At least 150 permits were for single- or two-family properties, outnumbering those for apartment houses (115), offices (65) and mixed-use (38).
Some other notable expedited projects include the next phase at Art Place, components of the Parks at Walter Reed, Georgetown University's dorms at Gonzaga, the residences at Scottish Rite, a shrunken development in Shaw, and a new restaurant at the old Republic Gardens.
See other articles related to: building permits, dcra, expediting, velocity
This article originally published at https://dc.urbanturf.com/articles/blog/year-two-of-dcs-velocity-program/16703.
Most Popular... This Week • Last 30 Days • Ever

In this edition of First-Timer Primer, we look into the question of how to determine ... read »

The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »

Here's what you need to know about reporting profit made from the sale of your home.... read »

A Roth IRA is one of those accounts that people feel is totally off limits until you ... read »

The latest edition of What $1.5 Million Buys includes a Falls Chuch home reminiscent ... 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!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro