443 Apartments and a Black Box Theater: DC Selects PN Hoffman to Develop Southwest Parcel
March 28, 2016
by Nena Perry-Brown
Urban Turf
Image courtesy of Urban Turf.
"On Friday, Mayor Muriel Bowser and Deputy Mayor for Planning and Economic Development (DMPED) Brian Kenner announced that the PN Hoffman-led development team was selected to develop Waterfront Station II. The development team, which also includes Paramount Development, ER Bacon Development, CityPartners, and AHC, Inc., has proposed a mixed-use project for the parcel at 1000 4th Street SW (map) that will include 443 apartments, a 10,000 square foot black box theater and 22,500 square feet of neighborhood-serving retail. Thirty percent of the housing units will be affordable — a higher square footage rate than the law requires.
Last fall, ANC 6D threw its unanimous support behind this plan over two other development proposals. An MRP Realty-led development team proposed an 11-story mixed-use building with 9,000 square feet of retail; their project would have necessitated the construction of a private street connecting Wesley Place with 4th Street. The other option, put forth by Republic Properties Corporation and the Anacostia Economic Development Corporation, would have also furnished a mixed-use building with 8,000 square feet of retail, a pool and rooftop terrace. All three options offered a great deal of affordable housing, as the request for proposals and ANC 6D requested..."
http://dc.urbanturf.com/articles/blo...front_ii/11032