During Monday night's Zoning Commission hearing on
allowing the move of the trapeze school from "Parcel O" at 4th and Tingey in the Yards to another space at New Jersey Avenue, Forest City's Ramsey Meiser revealed that the company is planning to sell a portion of Parcel O to allow for the development of a condo project there.
Meiser explained that while Forest City doesn't do condo development, "we want to have for-sale product at the Yards," hence the potential deal. The zoning filings say that "Parcel O will be developed in 2014/2015 and construction on Parcel O is expected to be completed by 2016/2017."
I've asked for further detail on this, which I may or may not get anytime soon, and I will update when I receive more.
Other tidbits that came out of the hearing:
* Forest City is in the process of hiring an architect to design a residential building for Parcel H, which is the western half of the parking lot on the southeast corner of 1st and N, directly across from Nationals Park and north of DC Water. There appears to be a desire to develop that site within the next couple of years.
* The company expects the demolition of the NGA building at 1st and M to take approximately six months, and that the
reconfiguration of the block to include the trapeze school, a new park on the north end, and a slightly shrunken parking lot would be completed by the end of 2014.
* The new park, which with the rest of the block would be a temporary use until office buildings are constructed, has enough open green space that Forest City expects to work with the BID to activate it for some sorts of smaller sports activities (bocce and kickball yes, softball probably not).
Oh, and the commission voted 5-0 to approve the special exceptions to allow trapeze school and parking lot on the south end of
the 1st and M block, on the sites technically known as Parcels F and G. (The park would be on Parcel A.) There was some back-and-forth about the need for trees on the site--they weren't included in the plans because Forest City expects buildings to eventually replace the temporary uses, but Forest City has agreed to work with DDOT and the Office of Planning on the issue, and the zoning commissioners did not feel it warranted delaying their vote.
UPDATE: In my haste to get this posted, I should have mentioned that the original Yards plans did include a condo project--a plan to have PN Hoffman convert
Building 202, the red brick building at 5th and M east of what's now
Twelve12. But that project has seemed to stall.