Bowser Spreads the Wealth opens homeless shelters in each DC ward

[Anonymous]

Anonymous wrote:I'm in real estate. How can I get a piece of this juicy action? I'm going to make a few calls.

Did you contribute $$$ to BowserPAC?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Who are the council members immediately affected? Mary Cheh and?

Ward 3 immediately affected? More like barely affected. Their proposed shelter is jammed so far to the south in Ward 3 it's barely even in Ward 3. It'll be miles from where the rich folk in Ward 3 live.

And it will be Women's only.

[Anonymous]

The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

[Anonymous]

MED Developers

http://www.meddevelopers.com/

[Anonymous]

Anonymous wrote:The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

I wouldn't be surprised if they turn the shelter into low income/public permanent housing when the lease is over. They may impact the neighborhood more negatively than upscale condominiums.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

I wouldn't be surprised if they turn the shelter into low income/public permanent housing when the lease is over. They may impact the neighborhood more negatively than upscale condominiums.

By "they" I meant the low income apartments

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

I wouldn't be surprised if they turn the shelter into low income/public permanent housing when the lease is over. They may impact the neighborhood more negatively than upscale condominiums.

Although the LOI says that the developer is responsible for obtaining any zoning and permits, the plan reportedly is that needed zoning changes for all eight properties will go forward as an up or down package, making it very difficult for individual neighborhoods to contest upzoning and greater density and putting pressure on the Zoning Commission/BZA to approve everything as a package deal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

I wouldn't be surprised if they turn the shelter into low income/public permanent housing when the lease is over. They may impact the neighborhood more negatively than upscale condominiums.

Although the LOI says that the developer is responsible for obtaining any zoning and permits, the plan reportedly is that needed zoning changes for all eight properties will go forward as an up or down package, making it very difficult for individual neighborhoods to contest upzoning and greater density and putting pressure on the Zoning Commission/BZA to approve everything as a package deal.

Seems like a very attractive "package deal" for the crony developers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Wisconsin Ave lease will be with MED Developers LLC, through a special purpose vehicle Glover Park LLC. MED's website shows that it manages (and perhaps owns) various properties mostly in SE DC. This would be MED's first venture in upper NW. MED's founder describes MED as "a developer of multifamily housing in Washington DC and surrounding areas, focused on Affordable Housing rental units, upscale condominiums, and emerging market enterprise development." So conversion of the shelter property to upscale condos after the lease term could well be the plan.

Here's a link to the letter of intent, signed January 8, 2106.



http://lims.dccouncil.us/Download/35335/B21-0620-2619-2623-Wisconsin-Ave-NW-Washington-D-C-200071.pdf

I wouldn't be surprised if they turn the shelter into low income/public permanent housing when the lease is over. They may impact the neighborhood more negatively than upscale condominiums.

Although the LOI says that the developer is responsible for obtaining any zoning and permits, the plan reportedly is that needed zoning changes for all eight properties will go forward as an up or down package, making it very difficult for individual neighborhoods to contest upzoning and greater density and putting pressure on the Zoning Commission/BZA to approve everything as a package deal.

Seems like a very attractive "package deal" for the crony developers.

+1

[Anonymous]

There was a RFP to which the Didtrict received something like 26 proposals. If someone wants to show me evidence that any of the selected property owners/developers have made donations to Bowser of her PAC I would be interested in knowing about it. I would also invite any evidence that Bowser played any role in site selection.

[Anonymous]

Anonymous wrote:There was a RFP to which the Didtrict received something like 26 proposals. If someone wants to show me evidence that any of the selected property owners/developers have made donations to Bowser of her PAC I would be interested in knowing about it. I would also invite any evidence that Bowser played any role in site selection.

Is there a link to the RFP? It should have been advertised, so please post a link if this is a fact.

Also, the city owns tons of land and has a lot of buildings that it could have used, so why did they feel the need to go straight to the private sector? Is there a justification for that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:There was a RFP to which the Didtrict received something like 26 proposals. If someone wants to show me evidence that any of the selected property owners/developers have made donations to Bowser of her PAC I would be interested in knowing about it. I would also invite any evidence that Bowser played any role in site selection.

Is there a link to the RFP? It should have been advertised, so please post a link if this is a fact.

Also, the city owns tons of land and has a lot of buildings that it could have used, so why did they feel the need to go straight to the private sector? Is there a justification for that?

PP above is just being silly. Bowser is keeping all relevant process information under wraps, as if it were top secret.

[Anonymous]

So when is Council meeting on this? I heard it is in March...

[Anonymous]

Anonymous wrote:MED Developers

http://www.meddevelopers.com/

Finland's own MED and here's an old but good article quoting Finland on the housing vouchers. https://www.washingtonpost.com/local/landlords-face-crisis-of-their-own-in-dcs-push-to-house-the-homeless/2014/10/19/bd4df49c-55f0-11e4-809b-8cc0a295c773_story.html

Sad that the lady renting out a single property takes a hit which could better be absorbed by a larger company. One company that got rapid rehousing vouchers had to evict 30 out of 100.

Senior housing project - written by MED Lambey http://aarepdc.org/2015/07/21/deal-of-the-month-the-girard-street-senior-apartments-groundbreaking/#more-1675

[Anonymous]

Anonymous wrote:

Anonymous wrote:MED Developers

http://www.meddevelopers.com/

Finland's own MED and here's an old but good article quoting Finland on the housing vouchers. https://www.washingtonpost.com/local/landlords-face-crisis-of-their-own-in-dcs-push-to-house-the-homeless/2014/10/19/bd4df49c-55f0-11e4-809b-8cc0a295c773_story.html

Sad that the lady renting out a single property takes a hit which could better be absorbed by a larger company. One company that got rapid rehousing vouchers had to evict 30 out of 100.

Senior housing project - written by MED Lambey http://aarepdc.org/2015/07/21/deal-of-the-month-the-girard-street-senior-apartments-groundbreaking/#more-1675

I'm skeptical given DC's landlord rules which overwhelmingly favor tenants, even the most horrible of tenants. There need to be provisions made, with clear expectations and tight rules of behavior such that if the tenant is trashing the building, or harrassing and disturbing neighbors or adjoining businesses, or engaging in any other unacceptable behavior, that they be evicted and returned back.