OFFICE OF THE DEPUTY MAYOR FOR PLANNING AND ECONOMIC DEVELOPMENT

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2 OFFICE OF THE DEPUTY MAYOR FOR PLANNING AND ECONOMIC DEVELOPMENT Sarosh Olpadwala Director of Real Estate Government of the District of Columbia Office of the Deputy Mayor for Planning & Economic Development 2

3 OFFICE OF THE DEPUTY MAYOR FOR PLANNING AND ECONOMIC DEVELOPMENT (DMPED) 3

4 OFFICE OF THE DEPUTY MAYOR FOR PLANNING AND ECONOMIC DEVELOPMENT (DMPED) GENERAL COUNSEL DDOT 4

5 DMPED Priorities Moving forward, DMPED is committed to: 1) Protecting, preserving, and producing more affordable housing. 2) Supporting innovation and entrepreneurship. 3) Making D.C. Government a partner in the business community, particularly to small business. 4) Driving investment and development, particularly for overlooked and underserved communities. 5) Preparing residents for jobs. 5

6 Real Estate as Economic Engines The Real Estate Development team for the Office of the Deputy Mayor for Planning and Economic Development manages a portfolio of projects worth more than $13 billion. DMPED real estate projects are located across all eight wards and vary in size from small-scale neighborhood retail to large scale mixed-use initiatives. 1 Full-year equivalent 6

7 Diverse Product Types 7

8 DMPED Pipeline Planning for Public Benefit Ward 5 8

9 OurRFP s Guiding Principles Engagement: - Request input from the public on goals and priorities though a series of public input meetings - Set guidelines for the meetings and for future engagement Transparency: - Clearly communicate the goals and guidelines for the meeting - Manage the public s expectation regarding the use of their input Accountability: - Create an ongoing relationship between DMPED and the public throughout the RFP process - Make the public aware of when they will have additional opportunities to provide feedback in the process 9

10 Parcel 42 OurRFP Site Address: th Street, NW 7th Street, NW 10

11 Project Manager: Anna Shapiro Parcel 42 OurRFP Project Name: Parcel 42 Project Address: th Street, NW Square and Lot: Square 0442, 0106, 0803 Existing Conditions: Vacant parcel Site Size: 7,008 sq. ft. (15,317 sq. ft. and 1,691 sq. ft.) Underlying Zoning: ARTS/C-2-B and R-4 Transportation Attributes: Located a block from the Shaw/Howard Metro Station and along the 70/79 and G8 bus routes, allowing for dense development with access to public transportation and travel throughout the city

12 Anacostia Gateway DMPED & DHCD Site Addresses: 1909 Martin Luther King Jr., Ave. SE Good Hope Road, SE 12

13 Project Manager: Lavar Youmans Anacostia Gateway DMPED & DHCD 3 Project Name: Anacostia Gateway Project Address: 1909 MLK Jr. Ave, SE and Good Hope Road, SE Square and Lot: Square 5769/Lots 0864, 0866, 0867, 1017 and Square 5770/Lot 0866 Existing Conditions: Some vacant, some buildings Site Size: 5,400 sq. ft. Underlying Zoning: C-3-A Transportation Attributes: Located near the Suitland Parkway, I-295, & I-395 connection via the 11 th Street Bridge; 10- minute walk to Anacostia Metro Station (Green Line); Metro bus access along MLK Jr. Ave and Good Hope Road

14 Halley Terrace, SE Solicitation for Offers Site Address: 4324, 4326, 4338 Halley Terrace, SE Parcels outlined in red 14

15 Halley Terrace, SE Solicitation for Offers Existing Photos 15

16 Halley Terrace, SE Solicitation for Offers Address 4324, 4326, 4338 Halley Terrace, SE SSL 6214, 0013; 6214, Total Size 10,000 sf Ward/ANC 8/8D06 & 8D07 Owner Department of Housing and Community Development (DHCD) Status Vacant Zone R-5-A Tax Assessed $724,060 Value DHCD Requirements Projected Solicitation Date The developer shall demonstrate that 20% of all new units created shall be affordable to households with incomes at or below 80% of AMI. Minimum affordability period of 15 years for homeownership and 40 years for rental housing. April 29,

17 OFFICE OF THE DEPUTY MAYOR FOR PLANNING AND ECONOMIC DEVELOPMENT Sarosh Olpadwala Director of Real Estate Government of the District of Columbia Office of the Deputy Mayor for Planning & Economic Development (dmped.dc.gov) 17