The Deputy Mayor for Planning and Economic Development, Brian Kenner, announced today, Thursday, November 1, 2018 that the District received six responses to the Request for Proposals (RFP) for development of the 2 Patterson Street NE site in Ward 6. All six teams possess extensive commercial development expertise in the District which will ensure a competitive review process for selection of the site’s developer.
The six respondents to the RFP are as follows:
- Jefferson Apartment Group/Argos Group/SGC Development
- WC Smith/The Menkiti Group
- Monument Realty/Morningstar Community Development/CHP
- Tishman Speyer/Thoron Capital
- Level 2 Development
- Republic Properties Corporation/Urban Matters Development/Capstone Development Partners
The RFP was issued by DMPED on June 22, 2018. Response teams vary in their concepts and proposed uses. The diverse range of proposed uses includes office, residential, hospitality, cultural, arts and creative. The development of the site will provide opportunities for small businesses, workforce development and job creation.
2 Patterson Questions and Answers
Q: Has DMPED met with the community regarding its preferences for the site?
A: DMPED is in contact and will continue to coordinate with the ANC regarding this RFP. Teams are encouraged to reach out to the ANC and community representatives to obtain input on their proposals. Respondents will have an opportunity to present their proposals to the community for feedback prior award.
Q: Is it one lot?
A: Yes, it is one record lot. It is Square 0672, Lot 0245
Q: Is the area fenced off [with dumpsters and portapotties] part of the lot?
A: Yes, that area is part of the property.
Q: The RFP references 2017 AMI but can we use 2018 AMI for programing our affordable units
A: The RFP requires that respondents use the 2017 Inclusionary Zoning Maximum Income, Rent, and Purchase Price Schedule to provide consistency across all responses. DHCD has not yet released the 2018 price schedule.
While the maximum prices and rental rates for 2017 are identified in Appendix F, each Respondent should conduct its own research into sub-market residential for-sale and rent prices to ensure their estimated affordable unit rent or purchase prices are well below the market rates. At Closing, The Affordability Covenant will use the most current rent and price schedule.
Q: Is the District open to proposals for fee simple conveyance of the land for a multifamily rental development on the site?
A: Under a multifamily rental scenario, the District contemplates conveyance via a ground lease.
Q: Is the $50,000 Letter of Credit submitted with the RFP proposal a hard deposit immediately upon selection [award] or is it refundable after selection?
A: The solicitation submission deposit is non-refundable upon award of the exclusive right to negotiate.
[End of Q&A]
Please check this web page periodically for additional information. Please email Patrick Smith, Project Manager, [email protected] if you have any questions.