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August 12, 2005 News Clips

WASHINGTON, DC NEWS

Beltway Lane Closures for Bridge Project

 

(08.11.05 - AP) -- If you use the Wilson Bridge or drive near it, officials are urging you to find another route this weekend.

The most severe lane closures of the project to build a new bridge on the south side of the Capital Beltway will take effect this weekend, from 8 pm Friday up to 5 am Monday.

Officials with the Wilson Bridge project say backups of 10 to 15 miles and delays of up to an hour and a half are likely. The worst delays are expected Saturday night.

The Beltway's Inner Loop will be cut from the normal four lanes to just one lane from just before the Interstate-295 interchange in Maryland until after Route One in Virginia.

The exit from I-295 to the Inner Loop also will be closed, as will the exit from Route One north to the Inner Loop. Ramps from the Inner Loop to Route One will be closed.

The ramp from the Inner Loop to Mount Vernon will be closed through 2008.

 

Will Williams Run Again? Depends What Day He's Asked

By Lori Montgomery
Washington Post Staff Writer
Tuesday, August 9, 2005; Page B03

The news swept through local political circles over the weekend: DC Mayor Anthony A. Williams told a reporter for Bloomberg News Service that he is not inclined to seek a third term.

"I'm leaning that way, there's no question about it," Bloomberg quoted Williams as saying in a story published Friday. The mayor cited his frustration with the city's troubled and unmanageable public school system as a primary factor.

Yesterday, however, Williams (D) was back to playing coy.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/08/AR2005080801419.html

 

Once Displaced, Now a Homeowner
DC's Henson Ridge Fulfills Former Public Housing Tenant's Dream

By Lindsay Ryan
Washington Post Staff Writer
Saturday, August 6, 2005; Page B01

When Camillia Osuji was on welfare and in the projects, she knew she would find a job but doubted she'd ever own a house. That seemed fantastical to a woman who grew up in a series of dilapidated rental homes in Southeast Washington and whose mother spent much of her life on welfare. As prices rose in the District's booming real estate market, Osuji's hopes fell.

Now, she says proudly, "I've got a piece of the rock."

Osuji's "piece of the rock" is a new four-bedroom house in the 1800 block of Alabama Avenue SE, part of the 600-unit Henson Ridge development. By completion in 2007, Henson Ridge is projected to include a community center, new school, recreation center, park, library and credit union. A program offers residents financial literacy classes, job training, health services and other benefits. Residents are organizing committees including one for beautification and one for voter registration.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/05/AR2005080501723.html

 

Land Buying For Stadium Can Proceed
Court Denies Injunction To 3 Property Owners

By Carol D. Leonnig
Washington Post Staff Writer
Saturday, August 6, 2005; Page B01

A federal judge yesterday declined to issue an emergency 30-day injunction that would have stopped the District from purchasing or taking 33 properties it needs to build a baseball stadium in Southeast Washington.

U.S. District Judge Richard W. Roberts said the three property owners seeking the injunction failed to show that they would be irreparably harmed if the city was allowed to proceed in trying to buy the parcels required for the stadium project. He said the group also failed to convince him that it would prevail in its lawsuit, which alleges that the city's efforts to acquire the property are illegal.

"The loss of property is easily compensated by monetary damages," Roberts said. "Clearly, the city council has concluded a stadium is in the public interest. . . . The public interest is not served by blocking the city's effort to build the stadium."

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/05/AR2005080501709.html

 

St. Regis Hotel Sells for $47M

August 11, 2005

WASHINGTON, DC-A joint venture involving Brickman Associates and New Valley Corp. is the new owner of the 193-room St. Regis Hotel here. The joint venture paid Starwood Hotels and Resorts $47 million for the landmark, which has a current assessed value of approximately $24.3 million.

Starwood decided to excise the first-rate hotel from its extensive portfolio of high-end holdings as part of its strategy of disposing of properties in order to direct the proceeds toward the repurchasing of shares and other corporate activities. Brickman and New Valley plan to institute a multimillion renovation of the celebrated hotel, which will continue to carry the St. Regis flag and operate under the management of St. Regis Hotels & Resorts.

The St. Regis made its official debut just a few blocks north of the White House with President Calvin Coolidge holding the scissors at a ribbon-cutting ceremony. Decorated in the Italian Renaissance style, the property has amenities such as a fitness facility, business center and 11,000 sf of meeting space. It also has two restaurants, the St. Regis Restaurant and the Library Lounge.

http://www.globest.com/news/346_346/washington/137178-1.html

 

Metro Ponders Sale of 430,000-SF HQ

August 9, 2005

WASHINGTON, DC-The Washington Metropolitan Area Transit Authority could become a catalyst for the renewal of the Anacostia neighborhood now that Mayor Anthony A. Williams made a special proposal to the transportation organization. Williams is urging WMATA to sell its current 430,000-sf headquarters, known as the Jackson Graham Building, in the city's East End and make a new home in Anacostia, for which the city has initiated a major revitalization program. According to District property records, WMATA's property at 600 5th St. NW has a current assessed value of just over $43.1 million.

As per the mayor's plan, WMATA's new headquarters on a five-acre parcel along the Anacostia Waterfront would serve as an anchor for a the mayor's proposed mixed-use development there, which would include a residential element, retail offerings and approximately 200,000 sf of office space targeted for government use. Williams has already suggested that the Anacostia Waterfront Corp. establish its headquarters at the development. The idea is to use WMATA, which houses 1,100 employees at its current locale, as a magnet to attract new businesses and commercial development to the neglected Anacostia area, while freeing up coveted development space Downtown.

http://www.globest.com/news/344_344/washington/137084-1.html

 

Italian Defense Contractor Inks $20M Lease

August 5, 2005

WASHINGTON, DC-Finmeccanica Inc. signed a 10-year, $20-million lease agreement for 32,900 sf at 1625 I St. NW. The Italian defense contracting and high technology concern's commitment marks the second lease put in place as of late--consulting firm Ballentine Barbera Group recently signed on for 10,800 sf.

Finmeccanica currently makes its home at about four blocks away at 1101 15th St. NW.

The 384,200-sf office property is close to the White House and two blocks from Lafayette Park in the central business district. Law firm O'Melveny & Myers is the largest tenant in the 12-story structure, having pre-leased 118,500 sf of the class A facility in 2002.

Kerri Mulligan and Zeke Dodson of Cassidy & Pinkard represented owner Brookfield Properties, while Jim Clark and Matt Sullivan of ML Clark Real Estate represented the tenant. Cassidy & Pinkard currently markets space in the building for $42 to $47 per sf.

http://www.globest.com/news/342_342/washington/137018-1.html

 

MONTGOMERY COUNTY NEWS

Building Moratorium Targets Mansions
Chevy Chase Votes For 6-Month Halt

By Stephanie McCrummen
Washington Post Staff Writer
Thursday, August 11, 2005; Page B01

The town of Chevy Chase, a prosperous enclave in Montgomery County, voted unanimously last night to adopt a six-month moratorium on the demolition of houses, construction of homes and large-scale renovations.

Even as builders prepared lawsuits to challenge it, the town's five-member council adopted the measure to allow time to consider ways it might control "mansionization" and its effects in the 1,032-home neighborhood where Cape Cods, colonials and the occasional 1970s-era rambler are rapidly being replaced by houses two or three times as large.

"It's important to send a signal to developers that a lot of people in town don't want these big mansions built," said Mayor William H. Hudnut, a former mayor of Indianapolis and an urban planning expert.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081002155.html

 

Loftiest Names in Luxury, Under 2 Chevy Chase Roofs

By Michael S. Rosenwald
Washington Post Staff Writer
Thursday, August 11, 2005; Page DZ05

They are some of the most hallowed names in extreme high-end retail: Cartier ($25,000 watches), MaxMara ($8,000 mink coats), Barneys New York ($350 denim jackets).

With their luxury siblings -- Dior, Louis Vuitton, Ralph Lauren and Tiffany & Co. -- they are setting up boutiques at a $165 million development on Wisconsin Avenue in Montgomery County that retailers, depending on their affinity for various shopping meccas, are comparing to Rodeo Drive or Madison Avenue or Michigan Avenue.

Whatever the preference, the two multi-story buildings going up between Saks Fifth Avenue and Neiman Marcus -- formally called the Collection at Chevy Chase -- will be something this region has never seen, a critical mass of luxury retailers, some of whom are coughing up an unheard-of $150 per square foot in rent to tap this area's growing wealth.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081000796.html

 

More Problems for Planning Panel
Germantown Violations Just Latest of Montgomery's Woes

By Tim Craig
Washington Post Staff Writer
Thursday, August 11, 2005; Page B04

Hundreds of homes have been built in Germantown without the simultaneous construction of moderately priced units the developer promised, a lapse that is raising further questions about Montgomery County's planning for its fastest-growing communities.

County Council members, still angry over planning failures in Clarksburg Town Center, are demanding a thorough investigation, saying the integrity of the county's planning process and efforts to build affordable housing are at stake.

"How did this happen? If you know the policies and know the procedures, how did we let this happen?" council member Michael Knapp (D-Upcounty) asked.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081002118.html

 

Doug Duncan Comes Calling

By Daniel de Vise
Washington Post Staff Writer
Thursday, August 11, 2005; Page AA02

Douglas M. Duncan , the Montgomery County executive and gubernatorial hopeful, paid his first semi-official visit to Anne Arundel County last week, lunching at the Crab Cake Factory in Annapolis, building name recognition and taking shots at rivals. It was part of his Listening and Learning Tour, which will visit Maryland's 23 counties and the City of Baltimore by fall.

Duncan is likely to face Baltimore Mayor Martin O'Malley in the 2006 Democratic primary, with the winner running against Gov. Robert L. Ehrlich Jr (R) in the general election. And while Duncan is a household name in Rockville and much of suburban Washington, he remains something of an enigma in Anne Arundel.

"The goal of the tour is to introduce him to people outside of his home base," said Jody Couser, Duncan's campaign press secretary. "Doug wants to talk with Marylanders, hear their concerns and share his visions for the state."

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081000651.html

 

Rural Life vs. the Road
Md. Residents Fear Connector Will Invite Growth

By Nancy Trejos
Washington Post Staff Writer
Friday, August 5, 2005; Page B05

Georgia Avenue from Norbeck Road to just south of Olney's town center is one of Montgomery's rural gateways, a place where the downcounty ends and the upcounty begins.

The blocks of apartment complexes, punctuated by fast-food places and convenience stores, south of Norbeck give way in these three miles to a driving range, a produce stand and tree-shaded single-family homes set comfortably back from the road.

Take a right off Georgia onto Batchellors Forest Road and the transition is complete. There are deer, streams and fields of overgrown grass -- just the way John H. Lyons, an antitrust lawyer in downtown Washington, likes it. From the road, the stone mailbox is the only sign of his home. His white clapboard farmhouse -- with a barn that is home to nine goats, two horses and six chickens -- sits on nine acres at the top of a hill.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/04/AR2005080402013.html

 

REGIONAL NEWS

House-Hunting, Religiously

By Gayle Young
Special to The Washington Post
Saturday, August 6, 2005; Page F01

When Tamar Zacheim and her husband heard from their agent about a two-bedroom condo for sale in Georgetown, they immediately sat down and crunched the numbers.

But unlike other young couples, the Zacheims weren't calculating mortgage payments and taxes. Instead, they first wanted to determine how far the property was from an Orthodox Jewish synagogue.

They punched in addresses on the popular Google maps Web site and the numbers that came up were fantastic. The condo is about one-third of a mile from the Orthodox Kesher Israel synagogue. The walk would take only about seven minutes.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/05/AR2005080500745.html

 

Low-Income Housing With Emphasis on Design

By Roger K. Lewis
Saturday, August 6, 2005; Page F03

In June, I served on the jury for the first John M. Clancy Award for Socially Responsible Housing, sponsored by the Boston Society of Architects, that city's chapter of the American Institute of Architects. I wondered about the term "socially responsible" housing. Does it mean that all other housing is somehow socially irresponsible?

Setting aside semantic questions, this long-overdue national award program was established to recognize outstanding new examples of low-income urban housing or urban housing for special, disadvantaged populations.

The program is named in honor of the late Boston architect whose firm, Goody, Clancy & Associates, has a distinguished record of designing urban housing that is architecturally noteworthy yet also affordable.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/06/AR2005080600416.html

 

On Solid Ground
Condo Residents Win Lengthy Battle for Rights to Own Land

By Sandra Fleishman
Washington Post Staff Writer
Saturday, August 6, 2005; Page F01

Barbara Wishner has seen a lot of changes since she moved into Kenwood Place in Bethesda.

Her son, for example, was 3 months old when she took an apartment in what was then a new luxury rental building off Westbard Avenue near River Road. He has just celebrated his 45th birthday.

When Wishner moved in, the long, low brick building, with hallways that went on and on, and extra-spacious units, was the talk of the town.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/05/AR2005080500746.html

 

Angelos to host Ehrlich fund-raiser
Dem heavyweight '100 percent' behind governor

by Thomas Dennison
Staff Writer
Aug. 12, 2005

ANNAPOLIS -- Baltimore Orioles owner Peter G. Angelos, a pre-eminent Democratic moneyman for decades, has agreed to host a fund-raiser for Republican Gov. Robert L. Ehrlich Jr.'s re-election campaign.

Angelos confirmed Thursday that he will host a "meet and greet" event for the governor at Oriole Park at Camden Yards on Sept. 27 when the Orioles play the New York Yankees.

Angelos and the governor's press secretary, Greg Massoni, said the formal fund-raising event will be scheduled at a future date.

http://www.gazette.net/200532/weekend/a_section/289465-1.html

 

Tea, tax cuts and whiling away a summer day

Aug. 12, 2005

Gov. Bobby was sipping an iced chai tea outside a downtown Annapolis bookstore with a couple of aides and a reporter Wednesday afternoon when his interview about fund-raising was interrupted by a friendly passerby.

Dave McNair, who said he recently moved from Chevy Chase to Annapolis, had some kind words for the governor. McNair commended Ehrlich for not always being politically correct and for his willingness to take a stand on issues.

"I'm glad that you're willing to stand on principle," said McNair, who was pushing his 14-month-old son in a stroller.

http://www.gazette.net/200532/weekend/a_section/289455-1.html

 

Busch cools legislature's hopes for eminent domain amendment

By Margie Hyslop
Staff Writer
Aug. 12, 2005

Enough delegates want to limit the effect of the recent U.S. Supreme Court decision upholding governments' right to take private property that the House could provide the two-thirds vote needed to add new protections to the state constitution, House Majority Leader Kumar P. Barve said Wednesday.

"It will be easy to get the requisite votes," said Barve (D-Dist. 17) of Gaithersburg. "I'm convinced personally that we need to tighten up the rules."

To amend the constitution, two-thirds of the House and the Senate would have to approve putting the proposed changes on the ballot, then voters would have to ratify the changes.

http://www.gazette.net/200532/weekend/a_section/289458-1.html

 

Census Finds More Whites In DC, Close Va. Suburbs
Minorities Growing Outside the Beltway

By D'Vera Cohn and Leef Smith
Washington Post Staff Writers
Thursday, August 11, 2005; Page A01

The white populations of the District, Arlington and Alexandria have grown this decade even as the region's outer counties have grown more diverse, according to new census estimates to be released today that underscore how the area's soaring housing prices and job sprawl are reshaping its racial and ethnic dynamics.

The city and those close-in Virginia suburbs had higher percentages of non-Hispanic white residents in 2004 than in 2000, a reversal of past trends, the estimates say. Minority groups grew more slowly than in the past, or declined.

In the District, Arlington and Alexandria, whites became a larger share of the population -- by a rate that ranked in the top 10 among the nation's jurisdictions, according to Brookings Institution demographer William H. Frey. Whites account for 30 percent of the DC population, up from 28 percent in 2000, and their numbers rose 3 percentage points in both Arlington, to 64 percent, and Alexandria, to 58 percent.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081002032.html

 

More Tax Breaks Advocated for Baltimore
Ehrlich, Schaefer Decry Cap on City's Share of Historic Restoration Incentives

By John Wagner
Washington Post Staff Writer
Friday, August 5, 2005; Page B05

BALTIMORE, Aug. 4 -- Maryland Gov. Robert L. Ehrlich Jr. (R) and Comptroller William Donald Schaefer (D) teamed up Thursday to advocate giving this city a greater share of state tax breaks for developers who restore historic properties.

The bipartisan appeal came during a morning event called to announce this year's recipients of nearly $20 million in tax credits -- and highlighted perennial tension between state lawmakers from Baltimore and the Washington suburbs.

Under a law passed last year, no jurisdiction can receive more than half of the historical preservation tax credits awarded annually. Ehrlich and Schaefer argued that the cap is unfair, saying Baltimore's need for redevelopment far outstrips that in the rest of the state.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/04/AR2005080401974.html

 

Maryland Highway, Transit Projects Get Green Light

By Tim Craig
Washington Post Staff Writer
Thursday, August 11, 2005; Page AA04

Maryland will be able to build highways and upgrade its mass transit system because of a federal transportation bill that was recently approved after a two-year delay, state and federal officials say.

With the state scheduled to receive more than $4 billion over the next six years, the construction of the intercounty connector and plans to add rail cars to Metro can proceed, officials say. Numerous other projects across the region will also be funded under the $286 billion bill Congress approved late last month.

Maryland will be able to continue construction on several projects and begin others that have long been in the pipeline. And some of the money will be used to study future endeavors.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/09/AR2005080901661.html

Cost of Tysons Rail Plan Trimmed 25%

By Peter Whoriskey
Washington Post Staff Writer
Thursday, August 11, 2005; Page B07

Managers of the project to extend Metrorail through Tysons Corner announced yesterday that they have revised their drawings and cut estimated construction costs by 25 percent, reviving prospects for building the financially troubled line.

Engineers said they have reduced the estimated cost of the 11-mile Metrorail extension from $2.4 billion to $1.8 billion by shortening a proposed tunnel through Tysons Corner, altering the "architecturally significant" design of the columns supporting the elevated portions of the track and revising the design of stations.

Neither the extent of the line nor the number and position of stations has changed, the engineers said.

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/10/AR2005081002028.html

 

Integic Building Brings in $32M

By Barbra Murray

August 9, 2005

CHANTILLY, VA-Acting on behalf of one of its institutional clients, Simsbury, CT-based Hart Advisers Inc. purchased the 130,000-sf Lakeside II under the name Prolix Petula from an unidentified seller. The fully occupied site sold for $32.5 million. According to a representative from the Fairfax County Department of Tax Administration, the property has a current assessed value of just over $15.7 million.

Located at 3975 Virginia Mallory Dr. off Lee Jackson Memorial Hwy. in the Rte. 28 South submarket, Lakeside II is within the 188-acre Avion Business Park. The corporate enclave of 19 buildings offering an aggregate 1.3 million sf of space just four miles from Washington Dulles International Airport.

http://www.globest.com/news/345_345/washington/137135-1.html

 

Financing Closes for Flex Acquisition

By Barbra Murray

August 9, 2005

(To read more on the debt and equity markets, click here.)

ASHBURN, VA-A joint venture involving Minshall Stewart Properties and an unnamed Philadelphia institutional real estate fund has won financing in the sum of $11.4 million toward its $12.5-million acquisition of the 124,700-sf, two-building flex/industrial park. The sites are located at 21330 and 21580 Beaumeade Circle.

John B. Levy & Co. orchestrated the transaction for the borrower and invested its own proprietary funds in the deal, as well. The funds came in the form of a highly structured, floating-rate loan with a three-year term.

The Beaumeade buildings occupy a parcel totaling just over 10 acres between Washington Dulles International Airport and the 1.4 million-sf Dulles Town Center shopping mall where Rte. 28 connects and ends with Rte. 7 in Loudoun County. "This property is located in one of the fastest growing markets on the East Coast, says John B. Levy & Co. president John B. Levy. "While the market has been through its share of difficult in the past three years, leasing activity is very strong and the upside potential is evident."

http://www.globest.com/news/344_344/washington/137120-1.html

 

Tysons Corner Offices Get New Leasing Team

By Barbra Murray

August 8, 2005

VIENNA, VA-More changes have occurred at 1951 Kidwell Dr. and 1953 Gallows Rd., two office structures featuring a total 432,000 sf of class B+ space in the Tysons Corner submarket. The properties came under new ownership just one month ago--when Lowe Enterprises Investors and joint venture partners Minshall Stewart Properties and Blue Vista Sponsor Equity Fund purchased them from New Boston Fund Inc.--and now they have been appointed a new leasing team.

Mike Ellis, Herb Mansinne and Robert VeShancey of Jones Lang LaSalle's leasing and management group have come onboard to handle the responsibilities for both structures, which have a current average occupancy level of 90% between them. Prior to the change in ownership, McShea & Co. had handled the responsibilities.

Situated within a couple of blocks of each other off the Capital Beltway and near the two million-sf Tysons Corner Center shopping mall, both are seven miles outside of Washington, DC. Built in 1981 and renovated 15 years later, 1951 Kidwell offers 176,000 sf of space, while the 22-year-old 1953 Gallows features 256,000 sf. Tenants of the two eight-story structures include ManTech Gray Hawk Systems Inc., SAIC, Indus Corp. and LA Associates.

http://www.globest.com/news/343_343/washington/137064-1.html

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