The Team Developer Individually and collectively Team Members are - - PowerPoint PPT Presentation

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The Team Developer Individually and collectively Team Members are - - PowerPoint PPT Presentation

Jan 04, 2023 150 likes •304 views

The Team Developer Individually and collectively Team Members are invested in long term growth and success of Shaw The Warrenton Group (CBE) neighborhood and DC residents Four Points Architect Progression Place development and

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The Team

  • Developer

The Warrenton Group (CBE) Four Points

  • Architect

Studio Upwall (CBE pending)

  • Management

Winn Residential, LLC

  • Retail Broker

StreetSense Individually and collectively Team Members are invested in long term growth and success of Shaw neighborhood and DC residents

  • Progression Place development and community benefits
  • Introduction of new and neighborhood serving, desirable retail/restaurant tenants Shaw

based architectural firm

  • True CBE partnership (TWG and Four Points 50/50 partnership)
  • Long standing community presence

The Development Program

  • 85-105 units , 90 feet height, concrete and steel construction
  • 2 levels of commercial space (retail and community serving

businesses); suitable space for small grocer

  • Below grade parking, Podium Level Courtyard and Rooftop

Garden

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SLIDE 2

Development Concept - Ground Floor, Podium Level & Streetview

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+ THE WARRENTON GROUP

Parcel 42

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+ THE WARRENTON GROUP

Site Analysis & Design Criteria

  • public space
  • neighborhood hub
  • density
  • pen space
  • dynamic retail
  • diverse unit mix

a gateway and a destination

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SLIDE 5

+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

  • 109 Residential units - 90 feet height - concrete and steel construction
  • 2 levels of commercial space (retail and community serving businesses);

suitable space for small grocer

  • Below grade parking, Podium Level Courtyard and Rooftop Garden
  • 109,960 GSF
  • 77,820 sf Residential
  • 15,260 sf Commercial
  • 1,600 sf Common
  • 15,280 sf Parking
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SLIDE 9

+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

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+ THE WARRENTON GROUP

Team Structure

Developer/Owner/Overall Asset Management:

  • Four Points LLC – 50%
  • The Warrenton Group (CBE) – 50%

Design:

  • Studio Upwall (CBE pending)
  • ReSTL Engineers (CBE)

Residential Management:

  • Winn Residential LLC

Retail Marketing and Brokerage:

  • Street Sense
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+ THE WARRENTON GROUP

Community Benefits

  • Green Building
  • The project will be built in accordance with the Green

Building Act

  • LEED Certified (final level of LEED Certification to be

determined during design development)

  • Courtyard/Roof Garden
  • landscaped courtyard
  • gathering place for residents, customers and

neighbors

  • roof garden will both capture storm water and

provide space for cultivation of vegetables

  • Affordable Housing
  • The project will provide 10% of the units as ADU’s as

described above

  • First Source Hiring
  • First Source Agreement for the development,

construction, and management of the property in order to maximize District resident hiring

  • anticipate 76 new construction jobs and 32 permanent

jobs post-construction

  • Community Retail
  • 2300 sf (approximately 25%) of commercial retail space

will be made available to Local Operators at below- market terms for 5 years:

  • 50% of base market rent for yr 1
  • 75% of base market rent for yrs 2-3
  • 85% of base market rent for yrs 4-5

Rooftop Garden

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SLIDE 14

+ THE WARRENTON GROUP

Parcel 42