But first -- some warm-up tweets:
Michael Neibauer
At North Capitol, Florida and Q, "exploring" a change in direction for the Mamo lot... http://bizj.us/1m1cfg pic.twitter.com/TyMlZ3vvSQ
bizj.us/1m1cfg
On high-profile vacant Bloomingdale lot, owner shifts development strategy
Sitting at the crossroads of multiple D.C. neighborhoods, fronting two well-traveled streets, the intersection of North Capitol Street and Florida Avenue NW would appear to be a sure-fire winner for any developer.
An affiliate of gas station magnate Eyob “Joe” Mamo acquired the Bloomingdale lot at 1600 North Capitol St. NW in 2003 for $825,000, and four years later, earned approval for a planned-unit development featuring a six-story building with up to 85 residential units and 5,000 square feet of retail. The 18,984-square-foot lot has sat empty since, with Mamo repeatedly seeking extensions from the Zoning Commission to keep the project alive (the last was 2013). While the project’s parameters had been tweaked over time, the vision, as far as we knew, remained residential over retail.
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Michael Neibauer @WBJNeibs
PUD has expired for Joe Mamo's #Bloomingdale lot, so a change of direction is in store... http://bizj.us/1m1cfg
On high-profile vacant Bloomingdale lot, owner shifts development strategy
Sitting at the crossroads of multiple D.C. neighborhoods, fronting two well-traveled streets, the intersection of North Capitol Street and Florida Avenue NW would appear to be a sure-fire winner for any developer.
An affiliate of gas station magnate Eyob “Joe” Mamo acquired the Bloomingdale lot at 1600 North Capitol St. NW in 2003 for $825,000, and four years later, earned approval for a planned-unit development featuring a six-story building with up to 85 residential units and 5,000 square feet of retail. The 18,984-square-foot lot has sat empty since, with Mamo repeatedly seeking extensions from the Zoning Commission to keep the project alive (the last was 2013). While the project’s parameters had been tweaked over time, the vision, as far as we knew, remained residential over retail.
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