Showing posts with label 455 Mass. Show all posts
Showing posts with label 455 Mass. Show all posts

Monday, 2 November 2009

Buddha Bar build-out now underway

The buildout of Buddha Bar at 455 Mass has begun. The building permit has been posted and, as is customary, the windows have been papered up to conceal the progress inside. The general contractor for the project is Forrester Construction.

Mass Ave window frontage of Buddha Bar has been papered

Eye Street window frontage of Buddha Bar has been papered

I have not come across an official update from the ownership group. They are clearly behind schedule for the possible November soft opening they mentioned back in April. If I were to purely speculate I would think the opening would be >= 4-6 months away.

Monday, 26 October 2009

Google Earth 1999 - part two

The Google Earth tool has a feature that displays historical satellite images from selected points in time. I thought it would be interesting to review images from last decade that pre-date all the new construction development we see today.

Not surprisingly much of what existed in 1999 was surface parking lots. But there are structures visible on many of these sites. Where these vacant buildings or did they host residences or businesses. Feel free to share the 411 in the comments.

The DuMont and 455 Mass:


The Sonata, Madrigal Lofts and Mitchell Mayer Building:


Click on any of the images to enlarge.

Monday, 29 June 2009

One Year Ago Today

One year ago today I asked what restaurant should occupy 455 Mass? Today of course we know the answer is that Buddha Bar is coming leaving us only to wonder when it will arrive. But last June we heard rumors of Lawry's The Prime Rib while readers offered suggestions of establishments like Lauriol Plaza and Cafe Deluxe.

Friday, 5 June 2009

More Retail space at 455 Mass

Even with Buddha Bar signing on to lease just shy of 10,000 sf the 455 Mass building still has retail space available. The Rappaport Retail brokerage's property listing shows that 1,680 sf of retail space is still on the market.


Tuesday, 17 March 2009

Buddha Bar Update

The Downtown Neighborhood Association (DNA) arranged a small forum to bring together the ownership of Buddha Bar and residents of condo buildings adjacent to the 455 Mass location. Over 30 residents from 400 Mass, 555 Mass, The Sonata, and Madrigal gathered to listen and ask questions.

Buddha.bar.kiev.opening.now
Image of Buddha Bar Kiev from flickr user strizh

Below are my notes from the forum:

Ownership / Concept
  • Maryland based ownership group is licensing concept from original creator George V Eatertainment.
  • This will be the ownership group's second Buddha Bar with Kiev being the other location
  • Ownership group has a 15 year presence in the DC Market and has been seeking a Buddha Bar site for 2+ years
  • Ownership group will invest $4-5 million in build out from cash flow (not financing)
  • Focus is to be a high quality Pan Asian restaurant rather than a bar. Specifically mentioned their goal to score 26 or 27 Zagat food rating and rank tops for Asian-Fusion/Pan-Asian in the downtown DC market (ed note: FWIW, Buddha Bar NYC & Paris scored <20 on food with Zagat).
  • Creator George V was involved in the selection process for the new DC location
  • Restaurant will be one of 12 Buddha Bars worldwide and stay true to theme
  • Will play the George V branded Buddha Bar ambient music.

Specs
  • Site is larger (9455sf) than Las Vegas' Little Buddha (7000sf) but smaller than NYC's Buddha Bar (15000sf)
  • Estimated to have seating for between 180 and 220 patrons
  • Bar will have 20 stools, no dance floor on premise
  • Will have outdoor patio seating during warm months - no outdoor music
  • Will create over 100+ jobs
  • Will have all services on Eye Street (parking, valet parking, loading)

Timing
  • Class CR ABC license application has been submitted
  • ANC 6C ABC licensing committee should discuss application in April
  • Currently working on permits and design - could begin buildout in 4-6 weeks
  • Too early to really say, but November '09 soft opening may be possible

Friday, 9 January 2009

Central Parking at 455 Mass

With tenants moving into 455 Mass the parking garage is now open. For the same price as a Subway footlong you can now get daily parking. Atleast for now...


Tuesday, 23 December 2008

WBJ: Mount Vernon Triangle to be seat of Buddha Bar

Washington Business Journal staff reporter Missy Frederick follows up on the buzz about Little Buddha coming to 455 Mass Ave. Frederick reports that the plans are for a full scale 9,600 s.f. Buddha Bar rather than a scaled down Little Buddha.
“To sign a deal for a 9,400-square-feet restaurant in this market is really amazing,” said Bill Dickinson, senior director of brokerage for The Rappaport Cos., who represented the landlord.

The street-level Mount Vernon Triangle location has a soaring two-floor space that provides room for Buddha Bar’s dramatic decor, such as a large gold Buddha statue, among other accents.

Buddha Bar probably will not occupy the location until late 2009, Dickinson said.


Hat tip to Q Street News

UPDATE (1/3/2009): I've removed the embedded video because Internet Explorer was automatically playing it when ever readers loaded the page.

Monday, 15 December 2008

'Hood Roundup

More Little Buddha

Late last week we floated the heresay that Asian-French restaurant Little Buddha has signed on to be a future tenant at 455 Mass.


I've since found a WBJ article from October 2007 stating Little Buddha was pondering a move to Penn Quarter. The article suggests that the pricing will be aimed to lunches that average $20 and dinners for about $50.

Excerpt:
The opening of Little Buddha, which could come as early as next year, hinges on finding the right location to create the well-tested experience: a building of least 8,000 square feet with ceilings a minimum of 15 feet high in an area that serves both daytime businesspeople and nighttime crawlers.

Biran and the Transwestern brokers say the restaurant will fill a void for people who have outgrown nightclubs and crowded dance floors and hunger for an energizing environment where they can dine, drink, listen to music and still have a conversation.

It's a void that's reflected nationwide, said Darren Tristano, executive vice president of Illinois-based Technomic Inc., a food industry research and consulting company.

"There are very limited places where you can go for a more sophisticated, adult-oriented occasion," he said. "Most of what we see today is tending to focus on the 21- to 25-year-old crowd."

While I think this choice pairs well with the future Me by Melia hotel crowd from The Arts at 5th and I, the pricing structure will keep me away. I'd occasionally pay that amount for a steakhouse or great latin food but overall I'm not much of a foodie or fan of Asian cuisine (I know I'm a genius buying next to Chinatown).

I do think Little Buddha can help bring identity to the neighborhood so it is a positive. I'm hoping, and I think many of my neighbors are as well, that the 'hood ultimately gets a healthy balance of neighborhood serving and destination dining rather than high end destination and fast food with little in between.

Thursday, 11 December 2008

Rumor Mill: Little Buddha signs on at 455 Mass

SG brings to our attention that sushi restaurant Little Buddha has recently signed (ed note: it's buried in that article but it is in there) on at 455 Mass Ave. Little Buddha is based at the Palms Hotel in Las Vegas and is affiliated with Buddha Bar NYC and Buddha Bar Paris. Back in June the rumor was Lawry's Prime Rib.



Reactions from the peanut gallery? Many previously expressed interest in seeing a "Lauriol Plaza East" here. But of course it takes two to tango and things don't work that way. I'm satisfied with the choice as long as Little Buddha make good use of the windows and patio.

UPDATE (12/15/2008 4:30P): More Little Buddha

Monday, 29 September 2008

Views from 455 Mass

Recently I participated in the Mount Vernon Triangle Development tour sponsored by WalkingTownDC. The Triangle tour includes a stop at 455 Mass to visit the 10th floor which through it's glassy facade has great views.


Click on the thumbnail image or this link to visit the photos.

Wednesday, 6 August 2008

MVT CID: Bill McLeod on the Mount Vernon Triangle

Recently The Triangle had the opportunity to interview through the email format the Executive Director of the Mount Vernon Triangle Community Improvement District. We chatted with Bill McLeod about issues ranging from basic daily functions of the CID to the future plans for this community. In the process we gained a greater understanding of what the CID has influence in and what solutions are steered by the market (developers) or D.C. government agencies.

What does the CID do?

The Mount Vernon Triangle Community Improvement District operates programs that promote a cleaner and safer neighborhood. MVTCID also raises public awareness about the Triangle through its website, broadcast emails, quarterly newsletters, press releases, and neighborhood events.

<The Triangle’s Clean Team works seven hours a day, seven days a week, between 7:30 a.m. and 3:00 p.m. They keep the neighborhood looking great by picking up hundreds of pound of trash each day. And, they provide an added benefit through outreach to those in need from the community.

In August 2007, MVTCID started safety services by hiring a Metropolitan Police Department officer (through Reimbursable Detail) Friday and Saturday nights from 6:00 p.m. to 1:00 a.m. In the spring, we were awarded a grant to double the police on Friday and Saturday nights – to two officers.

We recently launched three committees: Property Managers Committee, Jobs Committee, and Marketing Committee. The Property Managers Committee focuses on several issues, such as building construction, streetscape timelines, homelessness, safety, security, and other matters of interest to our property managers, business owners, and building owners.

The Jobs Committee organized two job-training fairs for residents in the immediate community looking for employment training, and we hope to host another job-training fair in the autumn. And, the committee works closely with life-skills training organizations, such as Strive DC, to assist people with resume building and interview skills.

The Marketing Committee was formed to implement strategies to promote the neighborhood, including updating the website, branding the neighborhood, and planning community activities. This year, the website was restructured, adding pages that tell the story of the neighborhood, and we updated the development map to include retail listings. Two park clean-up events were organized in partnership with the National Park Service and two walking tours were given through Walking Town DC. In June, we organized a bike ride with police officers, and this August, we will have a dog walk with MPD.


Tell us about your background. How did your past experience as Executive Director of Barracks Row Main Street prepare you for this job? Are the challenges of the job similar or mostly different?


That is a loaded question. In college I studies Social Sciences with a concentration in Sociology. I worked for the National Trust for Historic Preservation’s Main Street Center for seven years before moving to Barracks Row Main Street, where I works for 4.5 years. In December 2006, I switched jobs and came to Mount Vernon Triangle CID because I knew the neighborhood well since I lived at 5th and R in 1991-2. The development of the neighborhood has been amazing.

My experience with Barracks Row Main Street totally prepared me for this job. But there are two major differences: as a BID, funding is secure, so I don’t spend nearly as much time fundraising, and we have very few volunteers since the neighborhood is not very well populated yet. I still do grant writing here and volunteer recruitment, but I’ll be ramping that up in the next year.

The challenges are similar in Mount Vernon Triangle as Barracks Row. Mount Vernon Triangle had few buildings, and Barracks Row had lots of old buildings but most of them we empty or occupied by marginal businesses.


The area is facing a potentially massive influx of new residents in the coming year. How do you see these residents fitting into the community? What are some of the most important ways for new residents to become involved in the community? And conversely, is the community doing anything to welcome or attract new residents? What concerns do you have about this influx of new residents?

I love density! New residents mean more active streets, better-used parks, more eyes on the street, and more dollars to support retail. It is a win-win all the way around – more people using facilities creating a cleaner and safer neighborhood.

There are several ways a resident can get involved. MVTCID has committees where volunteers can direct their energy: Marketing Committee, and Jobs Committee. And it time, we will add more. Plus we have neighborhood clean-ups and safety events throughout the year. And, for those really involved in the CID, we are always looking for stalwart board members.

We don’t “attract new residents” directly. I think that is best left to the developers and sales teams from the condos. But, I like to think we are marketing indirectly through our website, articles in the paper, and events like WalkingTown DC.


Papa John's, 5th Street Ace Hardware and the Results Gym Sales office have recently opened. Is there any word of unofficial ETAs for the Safeway, Busboy and Poets or Ledo's? After these businesses deliver what is next horizon? [Ed note: This question was asked prior to Safeway hanging up their banner]

Yes, Safeway is planning to open September 12, and Busboys & Poets and Results are hoping to open around that time too. Having worked with retailers for a number of years now, I know that opening dates seem to slide, especially when DCRA inspections are required. Ledo’s has not been working on its building for a while, which makes me worried. Don’t know what is going on since the owner has not been in contact with me for six months. Once the retail in City Vista opens, there will be a few retail spaces left, and we hope we can identify some local businesses to fill those slots.

455 Mass has a restaurant space, and they were talking to Lawry’s Steak House, but that deal fell through. But another restaurant is in the works. Also, I heard a UPS store is going into 455 Mass, but the sign has come down for some reason.


Have there been any recent updates on development that has yet to break ground such as Mount Vernon/Carmel Place, Steuart Investment's parcels or Bozzuto's 460 New York Ave? Has the recent softening of the real estate market changed development plans for the area or simply shifted out the time horizon?

Developers keep their business very close to the vest, so I am not privy-ed to that information. But, I suspect the softening of the housing market and now the mortgage crisis has contributed to the delay of some groundbreakings. As far as I understand it, no deals have fallen through – just longer timelines.


The Best & Final Offer date for the 5th and Eye RFP has been pushed back a couple times and is presently August 18th. What has been the CID's involvement on this process to-date? What future involvement would take place after the city awards the site?

As a BID, we are precluded from commenting on land use. I’ve gone to several meetings about the site but kept silent. Whatever developer is selected, I’m sure it will be great because it will add density to the neighborhood, and I liked all of the top four choices. We would like to see public art included in whatever is built since it is a gateway site into Mount Vernon Triangle. And, we want all buildings to be good neighbors – whether commercial or residential. So whatever developer is selected, I want them to understand that Mount Vernon Triangle will be primarily a residential neighborhood – so no loud music, build with double paned windows, etc.


The Mount Vernon Triangle Action Agenda outlined a vision for a vibrant mixed use community. A solid foundation of residential buildings has delivered in the last year. But the office component, especially on K Street, is needed to realize the goal of being an 18-hour community. One can't help but notice that the NoMA and Capitol Riverfront BIDs are poised to add a combined 25 million s.f. of office space to the city and have landed major tenants like the ATF, DOJ, DOT and NPR. How does the MVT CID meet the goal to add offices/tenants to our community in this competitive market?

The DC office market is still strong, and Mount Vernon Triangle is situated very well – on the east end of downtown. Location, location, location – are our three advantages over SW, NoMa, or the Capitol Riverfront. New office space will open on K Street and it will be great! Think of K Street on the west side of Mount Vernon Square as our vision for what will be built on the east side – only better with more retailers and cafes and fewer offices on the first floor.


The final report for the Mount Vernon Triangle Transportation and Public Realm Design Project included several recommendations for improving transportation in the Triangle. These included bike racks, bicycle lanes, redesigning New Jersey Ave, L Street and a segment of 4th Street as two-way streets before 2010. L Street has undergone its transformation. Any word on the other plans? Bike racks at City Vista would seem appropriate.

Streetscaping is a big-ticket item, and we have been working behind the scenes with DDOT, Councilmember Tommy Wells, and Councilmember Jack Evans to fund the streets and sidewalks plan in the Public Realm Study (rendering). L Street is basically done, and 4th Street will return to two-way traffic in DC’s FY09 budget. Next up will be to return NJ Avenue back to two way traffic and then new streets and sidewalks for all of K Street. Bike racks are easy in comparison and should be going in at City Vista shortly.


Economic development in the Triangle is geared around new high-rise construction, which requires a long development cycle to build. Unlike 14th Street NW or H Street NE our streets lack a stock of vacant commercial spaces to tap into on a shorter cycle via renovation. With no construction currently underway nor any new construction slated to break ground until 2009 our growth may pause after the retail at City Vista delivers. How can we work around this limitation? What tools are at our disposal?

Sadly, you are correct. There are very few old buildings remaining in Mount Vernon Triangle – partly because of the MLK riots, partly because of the urban renewal plan for Lower Shaw, and partly because of demolition by neglect and the construction of the 395 Freeway in 1962. Nevertheless, both the lack of vacant buildings and the lack of construction sites does affect the economic potential in the short term. To work around this limitation, some people have suggested adding street vendors, which I’m not convinced is ideal because of the state of street vending in DC. Others have suggested a weekly market – like the Georgetown Antiques Market. Sadly, they are not willing to move from their current home in Clarendon. Personally, I am banking on the success of Safeway to spur further development as the neighborhood is transformed by new residents, office workers, and visitors from all parts of the city.

A big thanks to Bill for participating in this chat with us. We hope to have more in the future.

Inspiration for this post was from DCMud's interview with Michael Stevens.

Thursday, 24 July 2008

Updates on neighborhood retail

Results the Gym at City Vista is offering tours of the site and charter memberships at a discounted rate. Read the posting at the MVSNA blog for more details on pricing. I will add that the Results website says that the hours for the sales office at the new location are: Wed-Fri: 2-8pm; Sat & Sun: 10a-5pm.

Online ordering is now supported for the new Papa Johns that opened last Friday at 313 H Street NW.

I've heard from the grapevine that the deal for Lawry's Prime Rib to move into the ground floor of the Penzance Building (455 Mass Ave) has fallen through. The leasing staff is working on another restaurant for that space.

Sunday, 29 June 2008

What restaurant should go here?

The post earlier today outlined a recommended strategy from Richard Layman for restaurants in emerging neighborhoods. I also highlighted details about a possible destination for a new restaurant: The Penzance Building. The address is located across from 400 Mass and adjacent to the Dumont.

Sunken patio along Mass Ave

What type of restaurant do you envision taking advantage of this indoor & outdoor space in the near future? Chime in with your suggestions in the comments. Remember we want a successful business that can afford downtown rent which isn't as simple as naming your favorite restaurant.

Sunday, 22 June 2008

WBJ: Mount Vernon Triangle renaissance takes shape

The Washington Business Journal published an article on Friday by staff reporter Melissa Castro entitled: Mount Vernon Triangle renaissance takes shape.

Castro recapped some history of the area and recent news items shared by Bill McLeod, executive director of the Mount Vernon Triangle CID.
The remaining businesses along that strip of Fifth Street are eager to sell, pending D.C.'s award of a city-owned 20,600-square- foot parcel at Fifth and Eye streets. Four teams have bid on the lot, including Donohoe Development Co. and The JBG Cos.

JBG also has offered to buy and restore the nearby Capital Automotive and a decaying Victorian building on Eye Street, McLeod said. It would build a 230-room hotel, 227 residential units and 44,000 square feet of retail, including an entertainment venue. Other bidders have proposed a mix of hip boutique hotels and residential buildings.

The city is expected to announce the award on July 18, said Clint Jackson, project manager for the Office of Planning and Economic Development.

I do have more recent news on the timeframes on 5th and Eye straight from Donohoe. As it stands now, the “best & final offer” deadline has been pushed back to July 18th, with the award announcement now August 1. Good news from a neighborhood perspective is that the city stated to developers that improvement of the triangle park and of 5th street are priorities, and asks that all final responses explain how they'll improve those 2 areas.

The article stats that 455 Mass Ave (aka the Penzance Building) has signed agreements with 3 tenants. Hopefully the first floor restaurant space can find a tenant later this year.
In the past month, three office leases totaling 16,500 square feet were signed at 455 Massachusetts Ave. NW, a 250,000-square- foot building developed and owned by ASB Capital Management LLC and The Penzance Cos., said David Bevirt, whose Jones Lang LaSalle Inc. team is handling leasing. Affordable housing law firm Reno & Cavanaugh PLLC will take more than 11,000 square feet. The remainder of the building is available.

Lastly, because I know how much MBG enjoys discussions of our parks, I have one more snippet:
While beautifying a tiny concrete-covered park at Fifth Street and New York Avenue NW, Lowe Enterprises Inc. spent $300,000 to dig up the concrete slabs by hand to protect the root system of a 120-year-old oak tree across from its burgeoning City Vista project.

Monday, 7 April 2008

Office Building Development in the Triangle

As MBG wrote a couple months ago, developers had grand initiative when communicating there master plans for the Triangle in 2005. There has been little in the way of communication of late.

A good deal of the planned residential development has been completed (555 Mass, Madrigal Lofts, The Sonata, Yale Steam) or will deliver in 2008 (City Vista, The Dumont). On the office side the Penzance Building at 455 Mass and 251 Mass have completed while the other office buildings have not even broken ground. The image below is from the CID.


Walking by the Penzance Building I saw a big "Office Space for Lease" sign across the 8th floor windows.

I became curious about the lack of tenant. Typically when I've read DC Mud articles about office development near the stadium or in NoMA an anchor tenant is specified. So I googled the address for in hopes of finding more information on 455 Mass. I came across one from WaPo entitled "Mt Vernon Triangle Edges upwards". The April 2006 article focuses on the Penzance Building and the strip club Louis Rogue. Penzance was looking to lineup a tenant then and still is today.

How often does an office building get built downtown before an anchor tenant is in place? Is it a common practice? Did this practice get employed in Penn Quarter? How successful was it?

For the Triangle to become the true bustling 24/7 community it has the potential to be the area needs these office buildings with first floor retail to be built. When will the row of commercial building along K Street in the Mount Vernon Place master plan break ground? Will the Wilkes/Quadrangle team wait until they have anchor tenants for each building before beginning these projects? Have other projects become higher priority for them? Do you think they are just waiting to go through settlement on more of the Madrigal Lofts before bringing in dump trucks and cranes back into the neighborhood. Thoughts?