We have been following the potential development of a hotel/conference center at the intersection of Michigan Avenue and Irving Street NE for a few years now. We recently learned from this article in Bisnow that the development could finally be moving forward in the next 12 to 14 months. The first phase would deliver a Residence Inn/Courtyard Marriott 260-room hotel with 5,000 square feet of meeting space and a restaurant. Approvals for the conference center have expired and appear to be scrapped.
The second phase of the development would be a 600,000 square foot mixed use project with ground-floor retail topped by residential units. Additionally, there may be additional phases with residential, hotel or office space.
Interestingly, according to the Bisnow article:
Instead of going forward with the PUD plan, the team decided to file a map amendment to rezone the property to MU-5-B, which allows for commercial and multifamily uses and building heights up to 75 feet. The team then plans to build by-right under that new zoning, avoiding the PUD process all together. McAdam said it chose to do this in part to avoid the appeals that have delayed more than a dozen approved PUDs throughought the District, but the primary reason was to allow more flexibility for the project’s future phases.
This is similar to the 13 acre development next to the Rhode Island Metro that decided to change plans and go with by-right zoning, as we posted back in June. As always, we will keep an eye on things and let you know when we learn anything new.