FAMILY FIRST DEVELOPMENT ABOUT Family Owned - District Based - - - PowerPoint PPT Presentation

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FAMILY FIRST DEVELOPMENT ABOUT Family Owned - District Based - - - PowerPoint PPT Presentation

FAMILY FIRST DEVELOPMENT ABOUT Family Owned - District Based - CBE Firm Developed + 12 DC based Projects since 2006 Award Winners Delta Associates Best Boutique Condominium Mid Atlantic Region 2012 Recently sold out of


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FAMILY FIRST DEVELOPMENT

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  • Family Owned - District Based - CBE Firm
  • Developed + 12 DC based Projects since 2006
  • Award Winners – Delta Associates Best Boutique Condominium

Mid Atlantic Region 2012

  • Recently sold out of two Condo developments in Columbia Heights
  • Record Pace
  • Breaking ground on 70,000SF LEED Certified mixed used project

14th/U

  • Received unanimous support from ANC/HPRB/BZA

ABOUT

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  • 1. Audubon Enterprises – Development Partner
  • 2. PGN Architects – Local Minority Owned
  • 3. Bozzuto - General Contracting
  • 4. Fundrise – Crowd Sourcing platform for fund raising
  • 5. Goulston & Storrs – Zoning Attorneys
  • 6. City First Homes – Affordable home ownership financing
  • 7. Constantine Stavropolous – Owner/ Operator of Tryst, Diner, Open

City and The Coupe

TEAM

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  • Met with many of the major Stakeholders
  • ANC Commissioners
  • Greg Melcher - Blagden Alley Naylor Court Association
  • Leroy Thorpe – ECCA
  • Gibson Plaza Tenants Association
  • Church of Immaculate Conception
  • Monsignor Watkins
  • Polled Congregation

OUTREACH

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SLIDE 6

General Feedback

  • Density & Mixed Use Design
  • Family Sized Units
  • Homeownership
  • No nightlife driven business
  • Local hiring
  • Affordable Breakfast Option with Bakery
  • Mostly market rate condos with a workforce housing

component

FEEDBACK

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  • Residential
  • Total of 71 family sized condominium homes with average unit size of

800+ SF

  • 50 market rate units and 21 affordable units at 50%, 60% and 80% of AMI

distributed equally throughout the development

  • 2 Level Parking garage with 59 spaces
  • Loading Bay
  • Access from the Alley
  • Amenities
  • 12 Hour Front Desk
  • Rooftop play area designed as Kids Club
  • Rooftop garden with Grill
  • Bicycle Storage
  • 9 units with private outdoor space

DEVELOPMENT PROPOSAL

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  • Retail
  • 8,400 SF of space
  • Family Friendly Diner/ Bakery concept from Constantine Stavropolous

(Open City, Tryst, The Diner and The Coupe)

  • Exclusive Agreement
  • Affordable, Open for early breakfast
  • Walk-in Bakery

DEVELOPMENT PROPOSAL

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RETAIL LAYOUT

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  • Permanent Jobs
  • Diner/bakery will create 90 new permanent jobs
  • Constantine’s restaurants currently employs approx 400

staff and 90% are DC residents

  • Apprenticeship
  • Sasha Bruce Youthbuild will provide at least five (5)

graduates for on site work

LOCAL HIRING