p42 -- ndc presentation

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  • 7/30/2019 P42 -- NDC Presentation

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    Founded in 1999 CBE business located in Petworth

    Developed over 33 projects and over 500,000 sq. feet

    of real estate

    Participated in several large public-private partnership

    Recognized by several publications and the recipient ofnumerous project awards

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    Relevant Projects

    Mixed use mixed income includin 685

    condo and rental units plus 115,000 sq. ft. of

    retail

    72 units of affordable rental plus 11,000 sq.

    ft. Yes! Organic Market

    69 rental apartments plus 10,000 sq. ft. of

    retail

    Conversion of former Masonic lodge and anew 5-story addition into 32 condominiums

    plus 3,000 sq. ft. of retail

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    Strong experience with public RFPs

    CityVista, CityCenter, 1225 FairmontStreet, NW, etc.

    Awarded RFP to develop city center ofMount Rainer, MD on Rhode IslandAve. in Prince Georges County

    Total Apartments: 210 units

    Total Retail: 18,225 sq. ft.

    Total Parking: 250 spaces

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    Ca ital Partner Founded in 1999

    Invested over $3.0 billion in assets

    Focused on investing with development partners inas n on, an e - an c re on

    , Retail Partner Health conscious retailer

    ,Zoning Counsel Reputation for resolving complex zoning, land use and

    development issues

    Strong working relationships with District staff

    based on neighborhood context and stakeholder input

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    CBE business located in the District

    Over 40,000 units of multifamily housing

    completed to date

    Award-winning Urban Place Makers District of Columbia Mayors Environmental Excellence Awards

    AIA Maryland and Potomac Valley Chapter HAND Housing Achievement Award

    Affordable Housing Conference of Montgomery County

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    Relevant Projects

    83 units of affordable rental lus 2 400 s . ft. of

    retail on Georgia Avenue

    72 units of affordable rental lus Yes! Or anic

    Market on Georgia Avenue

    326 units of famil and senior housin inSoutheast DC

    528 units of mixed-income rental and condo

    units at the Southwest Waterfront

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    Site SiteShaw MetroWatha T.

    Daniel/ShawLibrary

    SatImage&ZoningInformationSource:DCGIS

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    1Br 2Br

    #of

    Units NSF/floor GSF/floor

    Total 62 19 81 66,679 91,000

    ByRight

    FAR

    ByRight

    GSF

    PUDFAR

    (R5E)

    PUDGSF

    (R5E)

    Lot106 1.0 15,317 6.0 91,902Lot803 1.0 1,691 4.5 7,610

    ByRightvs.PUDComparisonUnitMix

    UnitCount 44Units81Units+

    2TownhouseUnits

    Building

    Stories 5 Stories 8StoriesPROPOSEDSCHEME

    Total

    Allowable

    GSF 91,902(Lot

    106)

    7,610(Lot803)Summary

    TotalGroundFloorGSF(retailandcommonspace) 11,620

    TotalRetailGSF 7,600

    TotalResidentialGSF 79,380(lot106only)TotalNumberofUnits 81(lot106only)

    AffordableDwellingUnits(20%) 17 ota ar ng

    Residential 27

    Retail 6

    TotalDevelopmentCosts $27,655,289

    ConstructionTimeline 18months

    Program Information

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    Ramp Dn

    UtilityRm

    Parking

    .

    2levelParking

    Floor Plans

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    Office

    Res.lobbyLoadingberth

    Green

    Retail

    own ouseTwoStories

    GroundFloorPlan

    Floor Plans

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    9 10

    11

    8

    1

    Elev.Lobby12

    7

    2

    T ical2nd to th FloorPlan

    6 5 4 3

    Floor Plans8

    th

    Floor

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    6 7

    8 1

    Elev.Lobby9

    7 2

    th

    54 3

    GreenRoof

    Floor Plans8

    th

    Floor

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    Building Perspective

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    155

    RamptoParkingAmenity/office

    126.

    Retail

    Loadingberth

    Res.Lobby

    GardenAmenitySpace

    60

    1Br

    GroundFloor

    1Br Eff.

    1Br

    1Br 1Br 1Br

    1Br

    1Br

    Trash

    2Br

    1Br 2Br

    1Br

    Eff. Mech/elec.

    corridor

    ALLEY

    MODIFIED

    TotalAllowableGSF 102,048

    (Lots106and2nd Floor

    3Br1Br

    1Br

    1Br

    Trash

    combined)

    TotalGroundFloorGSF

    (retailandcommon

    space) 17,000

    TotalRetailGSF 9,500

    TotalResidentialGSF 85,043

    3Br

    1Br

    1Br

    Eff.

    1Br

    1Br 1Br 1Br

    p

    aio

    Mech/elec.

    2Br1Br1Br

    Opentobelow Total

    Number

    of

    Units 99AffordableDwellingUnits(20%) 20

    TotalParking 68

    Residential 55

    Retail 13

    Eff.

    1Br

    1Br 1Br 1Br

    1Br

    Trash

    2Br

    1Br

    Mech/elec.

    2Br1Br1Br

    Balcony

    rd th

    Alternate Scheme

    RoofTerracesTotalDevelopmentCosts $31,378,652

    ConstructionTimeline 18months oor

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    Work alongside ANC 2C to design an iconic project onth ,

    intersection of the Shaw Neighborhood

    Work with the Shaw community to provide employmentopportunities to Shaw residents and a new retail

    amenity for the neighborhood

    38 permanent jobs & 150 construction jobs created

    We commit to build a LEED Gold and will aspire to a

    a num es gne pro ec

    20% ADUs half at 80% AMI, half at 30% and 60% AMI

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    NDC will provide the local community with a chance to invest in real estate

    r ves commun y engagemen n e pro ec

    Power to build wealth in the community

    Opens opportunities for the community to invest in city-owned land

    Parcel 42 & Shaw will be a national model for community reinvestment

    A chance to directly participate in building of the neighborhood

    NDC will provide a scholarship open to children of the Shaw Community toattend college

    ANC 2C in conjunction with a Shaw-based non-profit to select local youngscholars

    Opens up educational opportunities for local youth funded by the project

    *NOTE REGARDING THE SALES MATERIALS :(i) No money or other consideration is being solicited, and if sent in response, will not be accepted.

    (ii) No sales of the securities will be made or commitment to purchase accepted until delivery of anoffering circular that includes complete information aboutthe issuer and the offering.

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    9,500 sq. ft. market will offer the community a new choice in healthy food options u oor sea n an n n

    On-site parking for retail patrons

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