Archive for March, 2010

29
Mar
10

Rhode Island Metro Redevelopment Part 2

It seems like the plans for the Rhode Island Ave metro redevelopment is underway. Starting April 30th, the parking lot at the station will be closed so that they can begin construction. Check out the article HERE!

Also, for a reminder, here is what they are planning for that area:

Financed by a mix of U.S. Department of Housing and Urban Development multifamily financing and U.S. Department of the Treasury New Markets Tax Credits, the project will deliver 274 residential units and 70,000 square feet of retail space.

As part of the $90 million development, the 8.5-acre parking lot will also host a multi-level parking garage.

23
Mar
10

Welcome to Ward 5, Nightclub Center of DC

I was disappointed to read this from the Washington Post this morning.

After the baseball stadium shut down most of DC’s nightclubs, all of them started looking for other areas to open their doors, bring their traffic, loud music, and large crowds…..to Ward 5! The problem with most of these clubs that are trying to open in Ward 5, many of them are next to our neighborhoods. Residents fought (successfully) a nightclub disguised as a bar on Rhode Island Avenue, across from the Catholic Church. There is already a club called DC Star on Queens Chapel Road (next door to where this STRIP club wants to open). DC Star has not been without its own troubles. Residents, again, successfully closed a nightclub that was renting out the Masonic Lodge next to the Family Dollar store on Rhode Island Ave.

And where is our proud Councilmember, Harry Thomas, Jr? Well, on the Rhode Island Ave club I spoke about above, he was nowhere (even after residents approached him about it). On the Masonic Lodge nightclub, he was nowhere to be seen (even after Mayor Fenty, Police Chief Lanier, and DCRA Chief held a press conference about its closure). And now….

WHERE IS COUNCILMEMBER THOMAS ON WHY OUR WARD IS BEING INUNDATED WITH NIGHTCLUBS?

Oh, campaigning for re-election. Now, I have seen a lot of materials on candidates looking to unseat Thomas in the next election. Let’s see what Thomas does with this new STRIP club next to our homes, and see if we should give these other candidates a fair shake.

EDITOR’S NOTE: Although this new STRIP club is not located on RIA, it does affect it. As more and more nightclubs target our area to open, our housing prices fall. Retail and restaurants avoid those areas. Allowing nightclubs to populate our Ward is going backwards on redeveloping Rhode Island Ave (and the Ward) into a good place to work, play, and live. Shame on Harry Thomas, Jr. if he ignores these warnings.

20
Mar
10

Money gets the ball rolling

A $7.2 million PILOT note that the District is providing will enable the $108 million Rhode Island Station project at the Rhode Island Avenue/Brentwood Metro station to move forward, GlobeSt.com reported. Urban Atlantic and A&R Development Corp. are the developers for the project, which also includes a community center, two private parking garages and a 215-car Metro garage. Besides the $7.2 million PILOT note, additional financing will come from federal New Market Tax Credits and a loan backed by the Department of Housing and Urban Development.

16
Mar
10

RIA Station MOVES Forward!

Finally, some assurances that development along RIA is moving forward. Check out this excerpt from the Washington Business Journal article:

The District plans to finalize financing for Rhode Island Station, a transit-oriented mixed-use development near the Rhode Island Avenue Metro station, with A&R Development Corp. and Urban Atlantic, Deputy Mayor for Planning and Economic Development Valerie Santos told a D.C. Council committee Tuesday.

According to the article, developers are proposing 274 apartments, 70,000 square feet of retail and three parking garages next to the metro station by 2012.

Let’s hope that this momentum is carried further down RIA, so that we can get all of this completed soon!

03
Mar
10

Councilman Brown might have money for the Costco….

This could be great for the development of the NE area….make sure to write DC Council and tell them to make this project happen! It can only help our cause on RIA.

This is from the Washington Business Journal, Friday, February 26, 2010:

Now that Radio One Inc. has pulled out of its long-held plans to move to D.C., the development known as Broadcast Center One will need a new name and a new anchor tenant to go forward. It still has $23 million in city subsidies, including $6 million in tax increment financing, and although Deputy Mayor Valerie Santos and Councilman Jack Evans appear willing to give the developers more time — they’ve had two years — there are scores of other developers who would eagerly put that $6 million TIF toward their own projects, some of which are closer to getting out of the ground.

Enter Councilman Kwame Brown. Brown wants to coax Costco Wholesale Corp. into opening a store on South Dakota Ave. NE but says the project needs — you guessed it — around $5 million to $6 million to get construction financed. So with Radio One pulling out, Brown proposes moving the TIF into the Costco deal, with developer Trammell Crow Co. and Fort Lincoln Realty Co. Inc. The city’s debt limit would not likely be affected. “There is some money there — some savings there — that can be transferred over without messing with the debt cap and can be transferred to Costco,” Brown said.

Brown said although he supports trying to get Northrop Grumman to move its headquarters to D.C., he wouldn’t choose that deal over Costco. Costco could bring Target Corp. with it, possibly spark new housing in Fort Lincoln and would cost a fraction of what it would probably take to attract the defense giant — a deal, he said, for which “most normal people won’t see a benefit.”

“We can’t give [the neighborhoods] promises and then give downtown the reality,” Brown says.




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