Outside of The Wharf, NoMa likely has the most ongoing construction within a three- or four-block radius in the entire region at this moment.
Q&A: Roadside Development’s Richard Lake on What’s Next for Shaw
Bisnow: When did Roadside start developing in Shaw?
Richard: We bought the O Street Market, which was four acres, in 2001. So we’ve been involved in planning projects in Shaw since late 2000. Our footprint now is big in Shaw and we’re very happy to be playing in that sandbox.
Bisnow: Describe Roadside’s current work in Shaw.
Richard: City Market at O is 80% complete. It will be 1M SF of development, including 640 residential units, with 90 of them affordable housing for seniors, a 182-room Cambria Suites hotel and nearly 100k SF of retail. We’re under construction on the last tower, which is 143 units. We’re also planning a 72-unit condo project at the corner of 8th and O streets, and redeveloping the old Grimke School on Vermont into a residential, retail and community complex.
MINORITY BUSINESS LEADER AWARDS | Angelique Brunner
The Washington Business Journal selected Angelique Brunner of EB5 Capital as one of the members of the 2016 class of Minority Business Leader Award honourees.
Norman Jemal on How Douglas Signed Uline Arena’s First Office Tenant.
Before the storm hit on Friday, Douglas Development Co announced it had signed Spaces, a creative co-working concept owned by Dutch firm Regus, to occupy 44k SF in its redevelopment of Uline Arena in NoMa.
Spaces will have the whole second floor of, as JLL managing director Evan Behr calls it, the “once-in-a-lifetime office space.” The office space has a 40×40 column grid and up to 18-foot ceilings, Douglas principal Norman Jemal (snapped above on the right next to his brother, Matthew) told Bisnow on Friday.
225 N. Calvert apartment conversion to start in March, finish in 2017
Renovations to turn an 18-story office building in downtown Baltimore into nearly 350 apartments are scheduled to begin in March and finish next year, developer Monument Realty said Tuesday.
Interior demolition at 225 N. Calvert Street, a former Bank of America building near Mercy Medical Center, is already underway. The project is slated to be completed at the end of 2017, the Washington firm said.
The 346-unit building is Monument’s first project in Baltimore. The firm purchased the property, which had been vacant, for $4 million in December 2014.