Ben Peters
Staff Reporter at Washington Business Journal
DC Commercial Real Estate @WBJonline | Past @insidenova, @RappNews, @TheAthensNews, @clevelanddotcom, @RollCall, @thenewpolitical, @scrippsjschool ‘20
Articles
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1 month ago |
bizjournals.com | Ben Peters
The developer, which has the vacant property under contract, plans to incorporate an adjacent historic property. The buyer of a vacant lot near Union Market wants to construct a 189-room hotel in NoMa and incorporate it into an adjacent historic building. D.C.-based Rift Valley Capital LLC, under contract to buy the lot at 1225 Third St. NE, filed plans this week with the D.C. Zoning Commission to modify an existing planned-unit development approved in 2016.
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1 month ago |
bizjournals.com | Ben Peters
“The amendments, we fear, will confuse courts and harm the housing market,” one industry leader said. The D.C. Council on Tuesday brushed off concern from local landlords to tentatively back legislation that would enshrine reforms to D.C.’s Emergency Rental Assistance Program and address what’s been described as a rent delinquency crisis.
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1 month ago |
bizjournals.com | Ben Peters
The veteran broker was involved in some of the biggest deals of the year. Editor's note: This is one of the Business Journal's Best Real Estate Deals of 2024. Click the link to read about the other winning projects. CBRE's Lou Christopher is always on the hunt for Washington's largest and most complex deals. It’s no wonder he helped seal BXP’s landmark trophy office redevelopment at 725 12th St. NW in downtown D.C. to help fill the District’s notoriously short supply of top-tier office.
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1 month ago |
bizjournals.com | Ben Peters
Developers with plans to build a 51-townhome community in D.C.'s Fort Lincoln are facing pushback from neighbors that could threaten the project's entitlements.
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1 month ago |
bizjournals.com | Ben Peters
Even with the 20-year abatement, some projects are still struggling to secure financing. Mayor Muriel Bowser on Thursday announced another tax abatement for a planned office-to-residential conversion, this one near Dupont Circle. Rockville's Duball LLC, the developer behind the proposed conversion of the 12-story, 189,000-square-foot 1201 Connecticut Ave.
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