A church is negotiating a land sale with Trammell Crow, which hopes to build a six-story, or larger, office building on the east side of 8th Street NW between G and H Streets. “We hope to get a deal to sell the land and get enough money to renovate the two buildings,” says Al Neilson, chairman of the property development committee of Calvary Baptist Church at 755 8th St. NW.

The 37,000-sf site stands in the resurgent East End neighborhood, not far from other new and redevelopment sites including the Tarriff Building, Gallery Place and the Victor Building. Several aspects of the deal, such as the size of the structure and the amount of land sold, remain unclear, officials say.

“It depends on what the government will let us do,” says Jeff Sherman, who is in charge of development for Trammell Crow in Washington. Regulations allow for a six-story building, but that could go higher if city officials decide the rest of the site is underdeveloped. he main concern is satisfying historic preservation officials that new development will not diminish the 140-year-old church in a historic district.

Such concerns have slowed development plans already on this site, which the church has been trying to develop for more than a decade. The last time it had a project lined up it was scotched by the real estate recession.

The church wants to raise money to renovate two buildings where it has classrooms, offices and social areas. These plans must be approved by the Historic Preservation Review Board, so church officials are proceeding cautiously, Neilson says.

Church officials must also decide whether they want to keep and expand a third building they own, or demolish it along with a fourth on land that would be sold. Officials wouldn’t discuss a price.

Trammell Crow has started conceptual design work and scheduled an initial meeting with Historic Preservation Review Board staff. The project could be built speculatively or with a tenant lined up, Sherman says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.