Adams Court - Condominiums, Retail, Columbia Heights
Factual Data: 68 apartments, 18,000 sq.ft. retail/commercial, developed by Bedford Plaza, LLC including Ernest Marcus as co-managing member
- Negotiation with tenant group to obtain condominium conversion
- Negotiation with existing retail tenants to relocate
- Construction/Renovation financing
- Design of historic property into a mixed-use project in dense, urban location
- Renovation required complete roof structure replacement including new steel beams
- Management of extensive landscape design for courtyard
- Utilization of former basement storage spaces as commercial space for non-profit group provided needed social services to the community including provision for first floor community art space.
- Management of interior design process which incorporated existing building features where possible
- Retail programming and leasing
- First significant condo development in this emerging market/Successful sellout above pro-forma.