Washington DC Area Commercial Real Estate News
40 Under Forty: Perimeter Community Improvement Districts's Ann Hanlon
Tue, 20 Nov 2018 16:49:22 +0000
Hanlon is a member of the 2018 class of 40 Under Forty honorees.
Falls Church secures big-name development partners for Little City Commons
by Michael NeibauerTue, 20 Nov 2018 16:46:03 +0000
The little city of Falls Church has approved an interim agreement with three major developers to create an even smaller city on the west end of town.
PN Hoffman, EYA and Regency Centers (NASDAQ: REG) will develop Little City Commons near the West Falls Church Metro station on 10.3 city-owned acres bounded by Leesburg Pike, Haycock Road, the new George Mason High School and a Virginia Tech property also slated for redevelopment.
The early plan for Little City Commons, designed by Torti Gallas…
Wegmans cements deal for Reston location
by Daniel J. SernovitzTue, 20 Nov 2018 16:38:35 +0000
Wegmans has cemented a deal to open at Reston Crescent, where developer Brookfield Properties hopes the popular grocer will serve as an anchor to attract others to the 4 million-square-foot mixed-use development.
Wegmans signed a lease late last weak for at least 80,000 square feet and could open by late 2022, said Brookfield Executive Vice President Greg Meyer. The developer plans to break ground on the 36-acre project, located near the Silver Line's planned Reston Town Center Metro station, early…
Longtime Georgetown haunt to close
by Drew HansenTue, 20 Nov 2018 16:35:31 +0000
Longtime Georgetown haunt J.Paul’s will close its doors before the end of the year.
The dining saloon, which opened at 3218 M St. NW in the early 1980s, announced Sunday on social media its plans to close.
Even if you’ve never stepped up to the mahogany shotgun bar inside, you’ve certainly strolled past the oysters on ice in J.Paul’s front window.
The restaurant helped kick off Paul Cohn’s Capital Restaurant Concepts, which included Paolo’s, Old Glory, Georgia Brown’s and…
http://feeds.bizjournals.com/~r/industry_20/~3/r31od_CxxRI/longtime-georgetown-haunt-to-close.html
Dan Neyer is a proud adrenaline junkie — in and out of the office
by Tom DemeropolisTue, 20 Nov 2018 16:35:29 +0000
Since leaving the family business to start his own company, Dan Neyer has made his mark on the Greater Cincinnati commercial real estate industry.
$100 million boutique hotel pitched for West Midtown (Renderings)
by Amy WenkTue, 20 Nov 2018 16:34:41 +0000
A $100 million boutique hotel is planned for West Midtown, soaring 12 stories over Howell Mill Road.
Allen Morris Stormont Hospitality LLC, a joint venture of Star Metals developer Allen Morris Co. and veteran Atlanta hotel developer Stormont Hospitality Group, is planning the 150-key hotel.
It would rise on a 0.7-acre site at Howell Mill Road and Edgehill Avenue, replacing W. Winston Briggs Law Firm and Direct Furniture. It would not impact restaurants La Fonda Latina or Greater Good BBQ.
The…
Former breweries in Albany are being converted into 75 apartments
by Michael DeMasiTue, 20 Nov 2018 16:32:31 +0000
Renovations are underway to convert three former industrial buildings near Lincoln Park in Albany into 75 apartments called @HudsonPark.
http://feeds.bizjournals.com/~r/industry_20/~3/Y8f5bfCe1pY/former-breweries-albany-apartments.html
Opinion: Investing in Pimlico race track 'just isn't a smart bet'
by Michael SeippTue, 20 Nov 2018 16:31:35 +0000
It’s highly unlikely that an urban planner looking at Northwest Baltimore would recommend a race track as the best solution to revitalize the surrounding area.
Corporex takes another step to get Ovation started
by Tom DemeropolisTue, 20 Nov 2018 16:23:47 +0000
Ovation, the long-planned $1 billion mixed-use development along the Ohio River in Newport, could get started in early 2019.
Corporex Cos. LLC, the developer that has been working on the 30-acre property for a decade, received a five-year extension of the original tax increment finance district from Newport City Commission. Tom Banta, managing director of Corporex, said the shift of the TIF timing is a “housekeeping” issue that just shifts the time period back. Under the original agreement,…
Work gets underway on huge Canal Winchester church and event center
by Tristan NaveraTue, 20 Nov 2018 16:21:52 +0000
A giant church is going up on 20 acres in in Canal Winchester.
Crossroads Church is building the church and campus on Gender Road, between Walmart and Brewdog. The 60,000-square-foot church will seat 1,200, and there will be 750 parking spaces outside to accommodate parishioners and events. The project will cost $12 million to $13 million.
"We have a desire to create space so people who are far from God can experience life-change,” said Pastor Tim Moore in a statement. “Building a larger facility…
