Monday, October 25, 2010

From DCmud

Hines Affirms Spring Construction for City Center DC

Developers of downtown DC's last block of empty land are holding firm on their commitment to start building City Center DC, and confirmed in a statement released yesterday that construction could begin as early as April of next year. Colorado-based Archstone and Texas based Hines development plans for the 10 acre site wereapproved by the DC Council back in 2005, but have since stalled over financing and tenant prospects.

Hines representatives told DCMud in June they would begin redevelopment of the old
Convention Center sitein the "first quarter of 2011," but have yet to announce a major tenant to occupy any of the space. The project should reach "substantial completion between May and September 2013," saidHoward RikerVice President at Hines Development. Despite the lack of commitment, The Washington Post reports that Hines issued a statement yesterday saying it still planned to begin construction by next spring. Plans call for several hundred thousand square feet of retail space, more than half a million square feet of office space, 458 rental apartments, 216 condos and a 400-bed “high-end” hotel with its own 100,000 square foot retail plaza, under a 99 year lease from the city.

Hines has already chosen a general contractor team of Clark Constructionand Smoot Construction, and has begun subcontractor bidding. Construction will begin first along H Street, building parking first, then office, saving residential for the last component.

Foster and Partners of London and DC-based Shalom Baranes serve as co-architects on the work. Designed to achieve LEED Gold certification, "the design of the landscape, office and condominium buildings relates to the specific sun and wind patterns and the climate. The site and the buildings will also incorporate solar shading, harness rainwater and water conservation and planting" according to Foster's website.

Article Source: http://dcmud.blogspot.com/

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